So we can agree....the 2015 kooks ARE sold out at the mint
My understanding is the 2016 kooks ARE also sold out at the mint.
The figures have not been updated since March, so they have sold the
remaining 250k in the last 6 months or so.
I am having difficulty understanding your point regarding the S2 1oz silver OX
Are you saying that the mintage was only 60k when the full 300k were sold?
In general the 1oz silver coin is the highest mintage of most series worldwide
where there are multiple denominations and sizes the 1oz usually wins hands down
Yes the silver lunar series is 1oz is limited to 300k each and other sizes are not,
there is controlled supply of the 1oz non-privy variety, which is the coin that
is the most popular....this is all a given
The question related to the S2 one ounce lunars, as to why the oxen is the dearest
and hardest to find, or as some call the key coin, when all s2 1oz have the same mintage
As I tried to say, my theory is because up until the tiger, It was harder and more expensive
to buy PM lunar products, either direct from the PM or through dealers or coins shops here
in Australia. It was only with the start of bulk on-line sales that the mint premiums were
reduced, hence more were stacked in bulk and then flipped, and thus released to secondary
markets moreso in Australia
That is probably why all S1 have such low mintages, the premium charged by the PM where
quite a lot bigger than what you pay now through most on-line dealers.
The lunar series seemed to be most fashionable in europe and quite hot there, really more
than anywhere else at the time of the Ox's release, so most of these I understand found their
ways to Europe, especially Germany. Where these are now, I dont know, but these do seem
harder to find and generally have a bigger premium on the secondary market. So seem to
be held by strong hands, does one party have a huge number of Oxen, or are they spread out
more evenly. I dont know the answer, but there could be someone with a whole lot of these and
holding them tight, making them harder to source on the secondary market, or maybe they
sold lots of single coins to collectors who in general dont flip as much...as I said, I dont know
The S2 mouse would have had a bigger premium, except for the remint that allowed many
stackers here to buy boxes of them at premiums of around $5 per coin, when the secondary
market premiums where many times that. It killed the secondary market premiums and they
will never get back to where they would have been.
All markets are about supply and demand, its a simple given
At present there is more demand for Oxen than there is supply, is it demand or supply driven,
I would say probably supply driven, the reason the tiger is the second dearest is probably
demand driven, it is a cool looking coin and good lunar year
cheers grant
My understanding is the 2016 kooks ARE also sold out at the mint.
The figures have not been updated since March, so they have sold the
remaining 250k in the last 6 months or so.
I am having difficulty understanding your point regarding the S2 1oz silver OX
Are you saying that the mintage was only 60k when the full 300k were sold?
In general the 1oz silver coin is the highest mintage of most series worldwide
where there are multiple denominations and sizes the 1oz usually wins hands down
Yes the silver lunar series is 1oz is limited to 300k each and other sizes are not,
there is controlled supply of the 1oz non-privy variety, which is the coin that
is the most popular....this is all a given
The question related to the S2 one ounce lunars, as to why the oxen is the dearest
and hardest to find, or as some call the key coin, when all s2 1oz have the same mintage
As I tried to say, my theory is because up until the tiger, It was harder and more expensive
to buy PM lunar products, either direct from the PM or through dealers or coins shops here
in Australia. It was only with the start of bulk on-line sales that the mint premiums were
reduced, hence more were stacked in bulk and then flipped, and thus released to secondary
markets moreso in Australia
That is probably why all S1 have such low mintages, the premium charged by the PM where
quite a lot bigger than what you pay now through most on-line dealers.
The lunar series seemed to be most fashionable in europe and quite hot there, really more
than anywhere else at the time of the Ox's release, so most of these I understand found their
ways to Europe, especially Germany. Where these are now, I dont know, but these do seem
harder to find and generally have a bigger premium on the secondary market. So seem to
be held by strong hands, does one party have a huge number of Oxen, or are they spread out
more evenly. I dont know the answer, but there could be someone with a whole lot of these and
holding them tight, making them harder to source on the secondary market, or maybe they
sold lots of single coins to collectors who in general dont flip as much...as I said, I dont know
The S2 mouse would have had a bigger premium, except for the remint that allowed many
stackers here to buy boxes of them at premiums of around $5 per coin, when the secondary
market premiums where many times that. It killed the secondary market premiums and they
will never get back to where they would have been.
All markets are about supply and demand, its a simple given
At present there is more demand for Oxen than there is supply, is it demand or supply driven,
I would say probably supply driven, the reason the tiger is the second dearest is probably
demand driven, it is a cool looking coin and good lunar year
cheers grant
