Hi ,was thinking adding a 1 oz Dragon coin to my collection,was able to lock in these two coins 2012 1/2 oz Silver Perth Mint Year of the Dragon Coin,and the 2 oz one this what get's me was looking to get a 2012 1 oz Silver Perth Mint Year of the Dragon Coin coin , and price they had up was at 118.00 or so This is what gets me mixed up and confused the one I lock in for at 107.00 the 2 oz coin, why is that the 1 oz coin is more then the 2 oz coin, I call dealer up Gainesville and person there could not tell me reason why prices so out of whack on 1 oz and 2 oz, way I see it better to get 2 oz coin's all day long then buying 1 oz ones any help on this would be great thank you Carl
I would say supply and demand. Collectible coins, even silver ones, do not have to be dependent on bullion value alone. It sounds like most demand for the 2 ouncers are bullion, but the one ouncers has demand from collectors willling to pay that premium. If you are a bullion investor buy the 2 ouncers. If a collector, pay the market price if you want one. Think of it like WL halves. You can buy the common date ones all day long for bullion value, but a nice 21 or 1919d will always be at a premium due to collector demand. Chris
If it is the same coin as I saw another post about they had over two million requests for something like a mintage of 100,000. Dragon have big time mojo many cultures.:hail:
Yeah, the 1 oz. have limited mintages, 100,000 or so. The 2 oz. ones are not limited, and they can make more based on demand.
Hi again just got information on why 1 oz more then 2 oz, reason why they are only minting 300,00 on 1 oz coin's so makes sense I guess, was like the the 2000 year on these thanks for all help on this, still thinking if will get one , I know longer I wait price will go up