Snakes getting cheaper

hiho

hiho

Active Member
Silver Stacker
am seeing snakes as low as $43.01 for one and $4200 for 100 now, anyone seeing cheaper?
 
scarfie1 said:
spannermonkey said:
scarfie1 said:
I think they'll go back up once they're sold out and its only the secondary market available.
Click to expand...

:lol:
Click to expand...

You disagree Spannermonkey?
Click to expand...

Yep , the premiums get sorted out in the beginning of the rush , not afterwards .
The premiums have been falling on the proofs & 3 coin set ,
I'm not touching SII Lunars ;)
 
Of the 8000 mintage 1/2 oz proof Snakes, there are only 249 left from the mint. Not bad for 2 weeks of sales.
 
What about current prices of Tigers ($60-$70) and Oxes ($50-$65). I wasn't stacking when these came out, but I'm sure you could pick them up from the dealers at normal premiums.
 
scarfie1 said:
What about current prices of Tigers ($60-$70) and Oxes ($50-$65). I wasn't stacking when these came out, but I'm sure you could pick them up from the dealers at normal premiums.
Click to expand...

Name a dealer that has previous issues ,not many
It's all private sellers .
I know only one dealer who has SI & SII Lunars ;)
Peter Strich :D
 
spannermonkey said:
scarfie1 said:
What about current prices of Tigers ($60-$70) and Oxes ($50-$65). I wasn't stacking when these came out, but I'm sure you could pick them up from the dealers at normal premiums.
Click to expand...

Name a dealer that has previous issues ,not many
It's all private sellers .
I know only one dealer who has SI & SII Lunars ;)
Peter Strich :D
Click to expand...

Exactly my point, once the dealers run out of Snakes, the private sellers can start to sell them at $50+, hence the premium increase from current levels.
 
scarfie1 said:
spannermonkey said:
scarfie1 said:
What about current prices of Tigers ($60-$70) and Oxes ($50-$65). I wasn't stacking when these came out, but I'm sure you could pick them up from the dealers at normal premiums.
Click to expand...

Name a dealer that has previous issues ,not many
It's all private sellers .
I know only one dealer who has SI & SII Lunars ;)
Peter Strich :D
Click to expand...

Exactly my point, once the dealers run out of Snakes, the private sellers can start to sell them at $50+, hence the premium increase from current levels.
Click to expand...

Plenty of snakes on hand at most dealers ,they're not running out the door like the Dragons ;)
Only time will tell
 
perthsilver said:
Of the 8000 mintage 1/2 oz proof Snakes, there are only 249 left from the mint. Not bad for 2 weeks of sales.
Click to expand...
Hi,
This may not be true, as far as I am aware they do not make all 8000 at once but rather in batches of X amount at a time.
 
He's away at the moment...the case look half empty...wonder if someone just swipe it? On that case...who took the PM vintage bar that was like 50oz from there??? Hands up!!!


spannermonkey said:
scarfie1 said:
What about current prices of Tigers ($60-$70) and Oxes ($50-$65). I wasn't stacking when these came out, but I'm sure you could pick them up from the dealers at normal premiums.
Click to expand...

Name a dealer that has previous issues ,not many
It's all private sellers .
I know only one dealer who has SI & SII Lunars ;)
Peter Strich :D
Click to expand...
 
Supply and demand, once the market is sold out they are harder to get..Price goes up? Pretty sure you can't get earlier lunars for the release price anymore...
 
Horrie said:
Supply and demand, once the market is sold out they are harder to get..Price goes up? Pretty sure you can't get earlier lunars for the release price anymore...
Click to expand...

Plenty of them at the dealers , no rush on them for anything ,even the 3 coin set the premium is dropping.
The price usually settles in the first few weeks ;)
 
These never hit the market as you say at RELEASE PRICE whereas the Ox and Tiger did... also wait til the Privy Luanr Snake comes out.. any price level these were trading at will go -$5... past performance of this series is no garentee of the future ... but if you are going to compare..

Compare the intial price of bullion dragons and then see the prcie after they SOLD OUT as you put it (i dont call it selling out when secondary stockists drip feed supply to keep rpices artificially low DeBEERS Style...) but yeah just wait for the additional ugly step sister to bust her face around the corner next year if you want cheaper snakes..

Usually the novelty value of the new thing BRINGS OUT THE TRENDIES WHO NOTORIOUSLY GET FLEECED OF THERE MONEY... your call bud

1for1
 
1for1 said:
These never hit the market as you say at RELEASE PRICE whereas the Ox and Tiger did... also wait til the Privy Luanr Snake comes out.. any price level these were trading at will go -$5... past performance of this series is no garentee of the future ... but if you are going to compare..

Compare the intial price of bullion dragons and then see the prcie after they SOLD OUT as you put it (i dont call it selling out when secondary stockists drip feed supply to keep rpices artificially low DeBEERS Style...) but yeah just wait for the additional ugly step sister to bust her face around the corner next year if you want cheaper snakes..

Usually the novelty value of the new thing BRINGS OUT THE TRENDIES WHO NOTORIOUSLY GET FLEECED OF THERE MONEY... your call bud

1for1
Click to expand...


So current price for Snakes is say circa $42. Are you saying these will drop to $37?...I don't think so.

Plus there are plenty of people including me that don't have a care in the world for privy versions. I'll pay much more for the standard versions.
 
scarfie1 said:
Plus there are plenty of people including me that don't have a care in the world for privy versions. I'll pay much more for the standard versions.
Click to expand...

+1
 
You must log in or register to reply here.
Back
Top