Apparently something like 80 - 90% of the Dragons were sold by the Perth Mint directly to Dealers overseas before they were made available to the domestic customers.
Apparently the allocations were based on who bought the Rabbits the year before. You bought a lot of rabbits, you got a lot of dragons.
The allocations were not based on how many dragons a dealer thought they could sell, or none would have gone abroad.
If the same thing applis this year then most of the snakes will go abroad, and they are welcome to them!
I seem to remember silver starting to climb just before the dragons came out, not much but enough to bump the prices up, they were the same price as the other 1oz coins available from the mint.
I would be getting my 20 from the mint regardless of any pre orders or EOIs, not wishing to upset the dealers but they were pretty confident they would get their allocations last year before they got knocked back (some were buying dragons back at inflated prices just to fill their orders at the original price).
A lot of people were disapointed when their pre orders came to nothing and they had no choice but to buy them at full asking price. If you just want one for your collection then you wear the extra cost. If you bought them with an eye to flipping them to make easy money then you can't do that when the price is already peaking and on the way down.
Definately worth getting some at issue price, if you miss that wait six months and buy them on the way down. If you want to sell them, sell them fast, I am sure some were being pre sold on eBay before they arrived in the seller's mailbox.
I have put in an EOI with Maggie and I will be attempting to crash the server on launch day.
Mint postage isn't cheap that's for sure and you don't get a bulk discount through the mint. With group buys you get volume discounts and you can probably pick them up at a stacker meeting.
Apparently the allocations were based on who bought the Rabbits the year before. You bought a lot of rabbits, you got a lot of dragons.
The allocations were not based on how many dragons a dealer thought they could sell, or none would have gone abroad.
If the same thing applis this year then most of the snakes will go abroad, and they are welcome to them!
I seem to remember silver starting to climb just before the dragons came out, not much but enough to bump the prices up, they were the same price as the other 1oz coins available from the mint.
I would be getting my 20 from the mint regardless of any pre orders or EOIs, not wishing to upset the dealers but they were pretty confident they would get their allocations last year before they got knocked back (some were buying dragons back at inflated prices just to fill their orders at the original price).
A lot of people were disapointed when their pre orders came to nothing and they had no choice but to buy them at full asking price. If you just want one for your collection then you wear the extra cost. If you bought them with an eye to flipping them to make easy money then you can't do that when the price is already peaking and on the way down.
Definately worth getting some at issue price, if you miss that wait six months and buy them on the way down. If you want to sell them, sell them fast, I am sure some were being pre sold on eBay before they arrived in the seller's mailbox.
I have put in an EOI with Maggie and I will be attempting to crash the server on launch day.
Mint postage isn't cheap that's for sure and you don't get a bulk discount through the mint. With group buys you get volume discounts and you can probably pick them up at a stacker meeting.
, then grab it. Otherwise the Perth Mint website will be fine on launch day assuming you can get on it. Last year's dragon release was a bit of a disaster with long wait times and system crashes locking a lot of people out. Also need to be aware that the Perth Mint will most likely have purchase limits (last year was 1 roll each) so if you want more then an alternative source maybe the way to go.
