10 oz. Lunar Dragon Coin or a 10 oz. SS or SC Bar?
- Thread starter silvertop
- Start date
heyimderrick
Active Member
Dragon for sure. Gainesville had them listed yesterday as silver was diving for like $350-something. Before I could make up my mind they were out of stock again. FML.
G
Guest
Guest
The coin.
Harping back to my earlier post regarding premiums, the opportunity cost on more ounces is worth taking a very slight hit if you can acquire governmentally guaranteed coinage.
A 10oz Lunar coin comes with a government guarantee, the bars do not. At a cost of only $1 per ounce to secure this, I feel it's a no brainer.
That's before we even discuss collectable premiums down the line.
Harping back to my earlier post regarding premiums, the opportunity cost on more ounces is worth taking a very slight hit if you can acquire governmentally guaranteed coinage.
A 10oz Lunar coin comes with a government guarantee, the bars do not. At a cost of only $1 per ounce to secure this, I feel it's a no brainer.
That's before we even discuss collectable premiums down the line.
Just to play devils advocate, depends on how many you're stacking 
Coins are bulky.
But I would go for the coin right now if you were making <100oz purchases. Premium opportunity on Dragons shouldn't be ignored.
Funnily enough, the hottest items I'm seeing sell are 10oz bars of both sorts. Many people still chase as many ounces as they can, particularly in bulk buys.
Coins are bulky.But I would go for the coin right now if you were making <100oz purchases. Premium opportunity on Dragons shouldn't be ignored.
Funnily enough, the hottest items I'm seeing sell are 10oz bars of both sorts. Many people still chase as many ounces as they can, particularly in bulk buys.
G
Guest
Guest
If ur into tripping and flipping~The coin
If ur into stacking and packing~The bars
REDBACK
If ur into stacking and packing~The bars
REDBACK
Silvermonkey
Active Member
10oz dragon
As a newbie who just sold some silver and gold on ebay before the crash and at the moment, no one seems interested in bars, i can sell 1oz koalas and kookaburra coins 20-30% dearer than the equivilent price to 10 ounce bars.
ie. I sold 8-10 coins in 1-2 days, i am lucky to get a couple of people to look at the bars sale page, i am in no rush to sell them so they are not cheap, but i would be taking a loss after ebay fees, but could by it back and make $20 on 2 bars.
I could sell 1 ounce for 48$ = 8 delivery pretty much instantly but no one looks at the bars around 420 at all. That is about 380 after fees and while silver was a bit higher also.
I also just sold a couple coins to a lady for her twin grand daughters as cheap as perth mint, she would not want bars
.
Will still buy some bars though, but it was going to be alot more before i noticed this.
I got 10 kookaburras at 34$ (a roll averaged for $38 eventually), picked the last dip well, so thought i would sell the others i had at what i got them for.
-And for the old guy, sometimes typing FTW etc. into google will show you what it is.
ie. I sold 8-10 coins in 1-2 days, i am lucky to get a couple of people to look at the bars sale page, i am in no rush to sell them so they are not cheap, but i would be taking a loss after ebay fees, but could by it back and make $20 on 2 bars.
I could sell 1 ounce for 48$ = 8 delivery pretty much instantly but no one looks at the bars around 420 at all. That is about 380 after fees and while silver was a bit higher also.
I also just sold a couple coins to a lady for her twin grand daughters as cheap as perth mint, she would not want bars
.Will still buy some bars though, but it was going to be alot more before i noticed this.
I got 10 kookaburras at 34$ (a roll averaged for $38 eventually), picked the last dip well, so thought i would sell the others i had at what i got them for.
-And for the old guy
, sometimes typing FTW etc. into google will show you what it is.
G
Guest
Guest
I'd say a bar and then 1 one ounce coin with the difference. 1 ounce of silver will be worth more than the premium you'll get on the dragon in my opinion.
geewiz said:
Good idea.
Lot of people go for bars because more ounces, but I yet to see a private individual or a dealer who made more money selling bars than coins on the same quantity.
Actually bar sellers never even get close with profit made, but they have more ounces so they are happy.
Actually bar sellers never even get close with profit made, but they have more ounces so they are happy.