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 Replies: 20 / Views: 5,047 |
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Pillar of the Community
United States
1454 Posts |
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Valued Member
Canada
442 Posts |
Oh I believe it! And if you're in NA, where did you get it? because I am interested as well. Although Most would scoff at the price those are going for!
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Pillar of the Community
United States
3670 Posts |
Mongolia 2007 Gulo Gulo 500 Togrog Silver Coin Swarovski Crystal Eyes. Going for around 2 grand on running auctions and closer to 3 it seems or just past it on buy it nows..... http://www.ebay.com/itm/Mongolia-20...em256d7fe022I saw one guy was dreamin with a listing just under 4 grand for same coin  .... I feel the appeal of these coins is the crystal eyes, quality silver raised design, combined with endangered species, somthing most in tune to animals an nature realte to IMO.... Edited by Silverhawk74
03/26/2012 2:44 pm
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Valued Member
United States
259 Posts |
tulip mania you ask me ... makes no sense at all.
I bought mine for $75 when it came out around 2008.
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Valued Member
United States
62 Posts |
$2,000 for 1 ounce of silver?! If I had $2,000 to spend it would be on an ounce of gold most likely. Is that bullion really going to hold its value? Will probably be able to buy it for less than half that in a year...
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Pillar of the Community
United States
3670 Posts |
The new baby hedgehog an owl trade for 500 plus, and I have seen them both jump fast in a short time....
The low mintage is a big factor with these as well....
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Pillar of the Community
United States
4008 Posts |
Quote:
tulip mania you ask me ... makes no sense at all.  |
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Bedrock of the Community
Australia
21786 Posts |
I feel that the big price would be due to demand on the Chinese mainland. I was speaking to a guy from Shanghai, and he said that the Chinese numismatic market is just starting to wake up. The Perth Mint has been engaging with the Chinese bullion / numismatic market with their products for some time. They have seen the potential, and are designing their products accordingly. The Perth Mint had better watch out. Their success may attract the attention of a Chinese entrepreneur, and buy them out. |
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Pillar of the Community
Canada
1502 Posts |
Isn't Perth Mint a crown corporation? (owned at least partially by the AU gov?), I know the RCM is for Canada I'm kicking myself for selling one of my double Mongolia Ural Owls a while back for $250. I thought I did well, but man... if only I had held on to it for another year. |
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Valued Member
Canada
178 Posts |
I personally think I like the owl better, but I don't think I would ever justify spending that much on one ounce of silver. Would like to have it, but not for that price.
On a side note to people who have been at this a lot longer than I have, do coins like this one for example tend to keep the price they're selling for? I would be worried that one day the market for it would completely collapse, but I don't know if there are any comparables to this situation.
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Bedrock of the Community
Australia
21786 Posts |
Yes I know that the Perth Mint IS a Crown Corporation, but I wouldn't put it past ANY Australian government State or Commonwealth, to sell the Perth Mint off, if they could see a decent commercial opportunity. |
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Pillar of the Community
Canada
1502 Posts |
a shame... I'm not against foreign investment/ownership in principle but not Mints. It just doesn't make sense if Mints can be bought!
@ztt2: It's too new to tell for this particular series of coins, especially since it's shot up so high from it's low issue price (~$100) in such short time. My bet is it will hold its price as more and more people see and want these low mintage coins. There's no doubt that the design stands out. Key date/variety 1oz silver pandas that go for >$1000 have far larger mintages than 2500 a piece.
Always a bit of a gamble though. In a pinch, dealers will only offer you spot if that for these coins.
Edited by poboxw
03/26/2012 11:12 pm
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Pillar of the Community
 United States
1454 Posts |
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Oh I believe it! And if you're in NA, where did you get it? because I am interested as well. Although Most would scoff at the price those are going for! I bought it in 2010 The seller had it paired with another coin, a Cook Islands 2009 $5 40th & 50th Anniversaries of Moon Missions Proof. They set me back $150, so essentially, the Wolverine cost me $75. I remember being the only bidder. This was Coin of the Year in 2009. Combined with its low mintage, I don't see this coin losing value anytime soon... unless those Chinese counterfeiters set their eyes on it and flood the market with fakes. |
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Rest in Peace
United States
9104 Posts |
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tulip mania you ask me ... makes no sense at all.
I bought mine for $75 when it came out around 2008. I agree, I'll give you $100 for it since you'd not want to participate in such nonsense. |
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Pillar of the Community
United States
4008 Posts |
Quote:The Perth Mint had better watch out. Their success may attract the attention of a Chinese entrepreneur, and buy them out. Not sure if the Perth Mint is for sale or even if it can be bought by anyone outside Australia. If it can, though, the Chinese government seems a more likely buyer than an entrepreneur. |
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Pillar of the Community
United States
1454 Posts |
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I'll give you $100 for it since you'd not want to participate in such nonsense. Bigg, Would that be check or money order? LOL! |
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Replies: 20 / Views: 5,047 |
Posted 03/26/2012 2:40 pm
