Dragons are showing up on the Perth mint Website

The average person was told to wait until 1st September because nobody can reserve the gold 1oz dragons. On the 1 September on opening the average person was told you cannot buy them because they all sold out.
 
Can anyone guess how many gold 1 Oz dragons they had on offer? and silver ones? I asked while I was on the phone at one stage and was told a number - see if you can guess ;-) (if the number I was told is correct of course!)
 
The official reason given; you can not but them locally because 88% of Perth Mint revenue comes from oversees.
 
Hopefully the money we did not spend on dragons can be used for precious metals.
Gold is already $20 down since the dragons sold out few hours ago.
 
Yeah I got screwed by someone at the Perth Mint today, called at 10.30am sharp (8.30 Perth time), and got put through without being put on hold for even a second ( must have been one of the 1st ones to get through after the lines opened), anyway she asks for all my details/number etc and tells me she'll call me back 'shortly'.

30min later nothing, no calls. Tried calling again and the phone line was f###ed, kept dropping out. Called again at 11.40am Sydney time and after being on hold for 20min, was told all the 1oz gold dragons were sold out.. so how the f##k could all the gold dragons sell out in an hour and a half if there was only a limit of 5 per customer???
 
jezzarayman said:
vintec said:
jezzarayman said:
I was pressing refresh every minute for 2 hours on an order for 1oz gold dragon, 1 kilo silver dragon and 10 1oz silver dragons. Kept getting the error msg, called up and spoke to Linda she said my order had gone thru and gave me my order number, still have not received email, although she said may take all day due to system overload and to call in afternoon if I haven't received it. Not sure If this has happened to anyone else, but if you have an order that continually won't go thru online give them a call to see if its already gone thru and offcourse along with the epic fail of the online bullion site you will also have to endure a long wait on the phone! lucky I had the day off. I think gold dragons are sold out.....
Click to expand...

exactly what happened to me, apart from the different items we bought
Click to expand...

Placed order 1 minute after opening!
Click to expand...

I could have got everything done within 5 minutes of opening but I procrastinated whether to reduce my order and all hell broke loose after that. 3 minutes of procrastination turned into 3 hours of frustration. it was a blessing in disguise that the order actually went through and server crashed before it could show me the confirmation. all this while I've been refreshing and on hold on the mobile for unnecessary high blood pressure moment :/
 
projack said:
The average person was told to wait until 1st September because nobody can reserve the gold 1oz dragons. On the 1 September on opening the average person was told you cannot buy them because they all sold out.
Click to expand...
The average dealer probably didn't get any either. I couldn't even place an order for 1 coin. :mad:
 
I didnt even bother. The 2000 1oz Dragon you can get for $2,500. Not much of an appreciation over the 2012 version for a 12 year investment.
 
It would be nice to get an indication of how many were actually sold today. But I can't see it happening because it would announce just how few remain in Australia.
 
Loxmyf said:
It would be nice to get an indication of how many were actually sold today. But I can't see it happening because it would announce just how few remain in Australia.
Click to expand...
Bron may be able to tell us, unofficially of course,
 
Matthew 26:14 said:
I didnt even bother. The 2000 1oz Dragon you can get for $2,500. Not much of an appreciation over the 2012 version for a 12 year investment.
Click to expand...

Irrelevant of the gold price, the actual numismatic value of the 2000 Dragon Vs 2012 Dragon is pretty poor. About $2000 today for a 2012 coin Vs $2,500 for a 2000 coin. $500 growth for a 12 year investment. On a $2,000 price-tag that's 25% over 12 years or about 2%. Cash @ bank does 6%.
 
I think his point is, if you'd bought a 1oz Dragon and a 1oz Nugget back in 2000, you're only getting approx $500 more for the Dragon than the Nugget today.

.... or something.
 
rbaggio said:
I think his point is, if you'd bought a 1oz Dragon and a 1oz Nugget back in 2000, you're only getting approx $500 more for the Dragon than the Nugget today.

.... or something.
Click to expand...

Yes. To bring it to a point, regardless of the gold price in another 12 years time (2023) you'd expect the 2012 1oz dragon to be trading about $500 above the prevailing gold spot price. So if in 2023, gold is still about $1,900 an oz to buy, your coin would be worth about $2,500 which represents about a 25% return on your investment for a 12 year period, or about 2% p.a.
 
You must log in or register to reply here.
Back
Top