LUNAR S2 AVG SELL PRICES RABBITS, TIGERS, OX HOPPING AWAY

switchtronics

switchtronics

Active Member
For those interested I have checked out the latest sell prices on ebay for lunars across the globe. Some interesting trends and data coming here.
Here it was I found
Calculated from 18th Feb - 16th April 2012

LUNAR RABBIT
Country qty AVG SEll AVg Sell (inc post) avg sell price (less ebay fees/post)
australia 5 60.36 68.71 58.605386
canada 6 51.97 58.53 49.48
latvia 1 57.76 57.76 48.78
slovenia 1 72.23 78.88 67.72
uk 1 62.8 81.17 69.77
usa 19 57.10 62.42 53.46

bulk sales
usa (1box) 100 48.21 48.21 43.36
totals single sales31 59.31 66.84 56.99
Totals 131 60.30 54.07
(including 100box)

LUNAR OX
Australia 23 58.89
USA 4 77.58
Total 27 61.68

LUNAR TIGER
Australia 6 64.23
USA 17 76.15
Canada 1 61.84
U.K. 5 60.00
Slovenia 1 88.80
Total 29 70.22

NOTES

Highest Sales Prices achieved in Slovenia / USA
Best ROI is from individual sales (if you are time friendly)
Lowest Prices - Canada / Australia
Quite a number of graded Tigers appearing in the u.s.

Lunar Highest Price Lowest Price avg price
Rabbit $72.23 (Slovenia) $44(australia) $57.10
Ox $90.83 (usa) $51.15 (Australia) $61.68
Tiger $95.47 (usa) $57.50 (australia) $70.22
 
Hey Jul,
can you gimme a lead please where I can buy Ox for $51ea in Aust?
I love to buy 2
 
someone listed a roll of ox individually on ebay aus recently, they were going cheap as there were quite a few simultaneous auctions
 
This shows to me that stats are highly unreliable, i have had a lunar rabbit and mouse on ebay for $50 for weeks and they have gone unsold. I suggest these stats are incomplete and dont allow for enough variables to give comprehensive medians and ranges.

But i do appreciate the average and the trends i suppose have relevance.. I have summised s2 1oz lunars have depreciated approximatley 6% from the year 2012 to date.
 
1for1 said:
This shows to me that stats are highly unreliable, i have had a lunar rabbit and mouse on ebay for $50 for weeks and they have gone unsold. I suggest these stats are incomplete and dont allow for enough variables to give comprehensive medians and ranges.

But i do appreciate the average and the trends i suppose have relevance.. I have summised s2 1oz lunars have depreciated approximatley 6% from the year 2012 to date.
Click to expand...

What I noticed when collaborating data was that the best prices were achieved at $.99 starting bids. Prices starting at $50+ or higher sell prices have gone unsold on a few occasions.
95% of what I surveyed that had sold was listed at .99 with multiple bids. However, I did see 3 lunar rabbits that were listed at 64.95 buy it now and 8.95 post sell. 1 at 62.95.
The seller had a well presented listing. I'm assuming due to the auction atmosphere people bid when it's low prices, follow the coin as it continues to get more bids on it and it sells for
a higher than buy it now price. Maybe people like to try their chances at an auction as opposed to a definate buy it now. Or they don't search the net for all listings, they check the low priced
ones and bid.

Quite a few people uncheck the buy it now option when searching and just search auctions. I noticed on my own listings that listing an auction sold better than buy it now.

The listing of several ox coins from a roll from 1 seller, can demonstrate what supply and demand can do. In February Ox's were selling for >$60 and April <$60.
If people feel they can get another opportunity they let the bid slide and hope for the next chance.
 
Yep if you break up a roll and sell individually on Ebay, stagger your auctions so you aren't running more than one (or maybe two) at once. Takes longer but you'll get much better prices.
 
switchtronics said:
1for1 said:
This shows to me that stats are highly unreliable, i have had a lunar rabbit and mouse on ebay for $50 for weeks and they have gone unsold. I suggest these stats are incomplete and dont allow for enough variables to give comprehensive medians and ranges.

But i do appreciate the average and the trends i suppose have relevance.. I have summised s2 1oz lunars have depreciated approximatley 6% from the year 2012 to date.
Click to expand...

What I noticed when collaborating data was that the best prices were achieved at $.99 starting bids. Prices starting at $50+ or higher sell prices have gone unsold on a few occasions.
95% of what I surveyed that had sold was listed at .99 with multiple bids. However, I did see 3 lunar rabbits that were listed at 64.95 buy it now and 8.95 post sell. 1 at 62.95.
The seller had a well presented listing. I'm assuming due to the auction atmosphere people bid when it's low prices, follow the coin as it continues to get more bids on it and it sells for
a higher than buy it now price. Maybe people like to try their chances at an auction as opposed to a definate buy it now. Or they don't search the net for all listings, they check the low priced
ones and bid.

Quite a few people uncheck the buy it now option when searching and just search auctions. I noticed on my own listings that listing an auction sold better than buy it now.

The listing of several ox coins from a roll from 1 seller, can demonstrate what supply and demand can do. In February Ox's were selling for >$60 and April <$60.
If people feel they can get another opportunity they let the bid slide and hope for the next chance.
Click to expand...

Thank Mate.. love your work.. and agree very much about 99c auctions drawing the best results... appreciate you taking the tiem to share your findings.. i will tell you a few things ive changed recently since ebay has changed its poilcy..

Now that the

- First 20 listings are free
- 10 Day auctions are free
- Gallerys are free
- Setting a reserve is free

I have decided to maximise my oppertunity.. so now i set high reserve 10 day auctions .. the sucess rate is obviously less than selling at 99c but you effectively lose nothing if your item dosent sell.. this method works better with more expensive items or coins you will only sell for a certain price (sometimes you just want to sell)...

I just find that when ebay changed... so to did my strategy... i find that as i only get 20 free listings per month anyway i might as well acheive the highest possible return even if it means items go unsold in the first week..

Obviously the no reserve 99c start stimulates more interest as consumers inherently sniff out a potential bargain (as most are price sensitive by nature).

Last point; do you think seeing your above stats that someone could emulate said listings and acheive similar results... id say given the reletivley large time frame + international focus that the said prices are largely unobtainable.. and that many here would gladly sell at above prices..

PS: were the canada/us prices in their local currency or converted to AU$ equivilant?

Thanks for your insights.

1for1
 
hi 1for1 thanks for your input much appreciated. I put together the findings to try and assist other stackers, giving us an idea of current worldwide market price. I always list anything I sell to the worldwide market, increasing chances of a higher sell price. As what is rare here i.e. ox, may not be rare somewhere else, e.g. ox in Germany.

I also have tried reserve auctions on listings previously. Myself I find that usually unless it is auction snipered, it takes the feel away of getting a deal, and there tends to be less bids (always good to protect yourself with no risk now though with ebays no entry listings) Obviously, no cost listings is designed to draw more feebayers in, so they can collect their pound of flesh from you upon paydearlypal and auctions end. It would be good to hear other stackers input on what has worked for them. I did exclude graded coins from the sales so not to scue the pricing (mostly u.s.) Suprising that .99 graded coins with $45 freight sell sometimes more than buy it now auctions usually, priced less.

Freight - High international freight prices, unclear shipping pricing and not having insurance or tracking with the shipping seems to detract international bidders. Maybe to achieve higher premiums include tracking or tracking and insurance for international sellers reassurance could enable a higher ASP.

It could be quite possible to achieve these prices if you sell yourself at .99c preparing that some may go low, others high. I feel the best ROI would be achieved from .99c listings. Listing 2 items 1 at a higher buy it now and another .99c bid option can attract the bidder that assumes that the high price is the current market price. (I have seen various ebayers use this tactic) Especially with the increasing number of users surfing their phones not evaluating listings like us stackers would.
You could always recoup some costs with between 8.95-12.95 postage a lot of people seem to be charging for a coin that can be posted for $1.20.

The above coins had very little individual listings offered less than 31 each by the 3 lunars evaluated over 2 months. Less than 15 a month. That's not a lot worldwide. Not a huge available supply.

There a lot of experienced stackers that would already know the market price. I simply put this up to give us all an idea of what we could achieve or buy at. Knowledge is power, the more we know the better us stackers can make an informed descion. This site has given me much and this is my small return for what others have done for me.
 
I am currently working on the lunar series, to get a feel of roi. If anyone would like a particular size checked out or has done some comparisons it would be good to list our findings in this blog for all stackers to benefit from. I started with 1oz for popularity however 2oz s1 lunars would offer good return, and s2 2oz low price atm with market mentality.
 
switchtronics said:
I am currently working on the lunar series, to get a feel of roi. If anyone would like a particular size checked out or has done some comparisons it would be good to list our findings in this blog for all stackers to benefit from. I started with 1oz for popularity however 2oz s1 lunars would offer good return, and s2 2oz low price atm with market mentality.
Click to expand...

Its like the pandas.. if you got in at the ground level and purchased the Lunars near spot, then its really hard to lose.. but if you already purchased in the secondary market when the prices aprreciated already, then chances are there is more downside risk.

I maintain that buying coins at a minimum premium will minimise downside risk, yet allow for an oppertunity with both silver spot and numismatic premium to increase dramatically... ie: buying the 2oz dragon now for $72 or paying $120 for the Tiger.. the Dragon has less downside risk and more appreciation potential as %

By the way.. id be interested in 2oz stats... i also think 1/2 oz lunars are a great buy.. usually end up at $35 each and only cost around $20 (good profits!)

Cheers,

1for1
 
The 1/2 oz seem to offer great returns at $30 an oz like you mentioned. The dragon floods of stock seems to be depreciating the market atm
 
I bought a 1oz ox for $52.10 as my third ever purchase thinking it was a bargain, I must say these figures leave me feeling pretty validated.
 
Sultan Pepper said:
I bought a 1oz ox for $52.10 as my third ever purchase thinking it was a bargain, I must say these figures leave me feeling pretty validated.
Click to expand...

I also bought a few 1 oz Rabbits @ $45 and i felt like i was paying to much...this thread helps me feel a bit better but still the premiums on these perth mint coins are crazy high compaired to most of the silver i buy...I am a stacker but have turned to collecting here and there...these coins are for my personal collection so i can afford spending a few extra bucks.

can anyone tell me why a 2oz Dragon cost less than a 1 oz Dragon...i cannot wrap my head around it..other than mintage figures and pure demand it just doesn't make sense to me...

Silverbulldog
 
silverbulldog said:
Sultan Pepper said:
I bought a 1oz ox for $52.10 as my third ever purchase thinking it was a bargain, I must say these figures leave me feeling pretty validated.
Click to expand...

I also bought a few 1 oz Rabbits @ $45 and i felt like i was paying to much...this thread helps me feel a bit better but still the premiums on these perth mint coins are crazy high compaired to most of the silver i buy...I am a stacker but have turned to collecting here and there...these coins are for my personal collection so i can afford spending a few extra bucks.

can anyone tell me why a 2oz Dragon cost less than a 1 oz Dragon...i cannot wrap my head around it..other than mintage figures and pure demand it just doesn't make sense to me...

Silverbulldog
Click to expand...


The dragon mania started last year when 1 oz.coins sold out.
Only 200000 made and when they sold out last year the price sky rocketed.
U could have swapped a 1 Oz dagon s for 1/20 gold last year in some.cases 1/10
The Perth mint stopped production of all other coins also. Prices for all dragons last year were a lot higher
Because of supply and demand alo. 5oz could sell for 299 then.
The 1oz coins are affordable for everyone and have always been popular.with collectors.
More so than almost any series. Even right back to when the lunar series started.
The first dragon series coin also fetches good premiums now.

But I'd say because its collectable , mintage cap reached, the year of dragon many ppl identify with and previous sales history would a
Have contributed to the higher price.

The mint reprinting these dragons with the privy are testament to how mintage affect resale.
When these were reprinted resales have fallen quite steadily from around $60-70 starting this year
To as low as $46-$47 Singularly
 
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