A novice's illustration of numismatic collection of Australian Perth Mint's Lunar Series, Kookaburra, Koala; British Britannia; German Reichmark; Russian St George the Victorious and American Buffalo with mintage, coin specifications and ebay transacted prices in SGD and USD.
Thursday, December 8, 2011
2012 Year of Dragon
1 kg, 10 oz, 5 oz, 2 oz, 1 oz and 1/2 oz Silver Dragon
300,000 pieces of 1 oz Silver Dragon were sold out on launch day 1 September 2011 for a little below A$50/oz. This was followed by Perth Mint declaring that they were unable to cope with orders and hence suspended production of the 1/2 oz, 2 oz and 5 oz Silver Dragon coins. Prices jumped to as high as A$100/oz but settled to as low as A$60 when silver spot price tanked 25% from US$40 to US$30.
Rolls of 20 Silver Dragon coins
Stacked up of the 6 denominations
It would be interesting to see by 1 September 2012, how many 1/2 oz, 2 oz, 5 oz and 10 oz Silver Dragon coins would be sold when production cease.