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Lunar Series II - How Many Are Collecting These?

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Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 10/17/2014  10:22 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
Quarter oz looks great too


Yes they do......
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Mraderm946's Avatar
United States
201 Posts
 Posted 10/18/2014  10:59 am  Show Profile   Bookmark this reply Add Mraderm946 to your friends list Get a Link to this Reply
The aforementioned 10 ounce Year of the Horse coin as well as the rest of the collection. Thought you'd be interested in seeing the size difference. Love this series as well as the Koalas.



Lunar-Series-II---How-Many-Are-Collecting-These?
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Saving Silver Man's Avatar
United States
12 Posts
 Posted 10/18/2014  11:42 am  Show Profile   Bookmark this reply Add Saving Silver Man to your friends list Get a Link to this Reply
Nice collection!
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 10/19/2014  09:28 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
That at 10oz. really does look nice ... I will have to keep a eye out for one.
Valued Member
United States
112 Posts
 Posted 10/23/2014  6:49 pm  Show Profile   Bookmark this reply Add Vesper to your friends list Get a Link to this Reply
So, I am really wanting to start collecting these. They just look to be fantastic designs every year, interesting size choices with mintages that appear desirable. And well, I too am just a sucker for a pretty coin with an animal on it :). Anyway, I was wondering what others thought about all the different choices in the coins. I am looking more closely at the 2 oz, 1oz BU, and 1oz proof. Its hard to really know the difference in look and feel of the coin on the internet, so I was hoping to get some first hand accounts from other. I know someone mentioned the appreciation value may be higher on the 1/2 and 2 oz options... didn't seem to find any huge confirmation of this in basic ebay searching. Well, either way I will jumping on the Lunar Series II bandwagon soon once I decide on my purchase. Thanks for the introduction to another series CCF!

All the best,
Vesper

P.S. 100th post :)
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hu5kers77's Avatar
United States
88 Posts
 Posted 10/23/2014  7:26 pm  Show Profile   Bookmark this reply Add hu5kers77 to your friends list Get a Link to this Reply
You are in for some fun Vesper. I got heavily into Series Two after chasing down 1 and half ounce Series I coins and paying the heavy premium. It felt a lot easier to grab the coins as they come out at much cheaper prices.

The extreme case in appreciation is the 2008 Mouse which goes for a good amount especially in the lower minted 1/2, 2 and 5 oz. I would suggest you look at the sold history on ebay of some of these coins to see how the various sizes are priced years after. You could also check the Perth Mint website for total mintage numbers for each specific size. I am personally fond of the 2 and 5 oz size because they have a very low mintage number and they are amazing in hand.

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Saving Silver Man's Avatar
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 Posted 10/23/2014  7:52 pm  Show Profile   Bookmark this reply Add Saving Silver Man to your friends list Get a Link to this Reply
I agree with hu5kers. The 5oz and 2oz are nice. For some that are more experienced with the series correct me if I'm wrong, the 2 and 1/2 I believe have the best chance of maintaining lower mintages as they are only minted to demand. Once the mint stops minting the series those two will have a mintage of whatever was purchased from the mint. The 1oz though has a predetermined mintage so if demand wains then there could potentially be an oversupply. If someone is trying to complete a set of all the sizes they could possibly have a harder time finding the 1/2 and 2 giving them greater premium potential.
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hu5kers77's Avatar
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88 Posts
 Posted 10/23/2014  8:00 pm  Show Profile   Bookmark this reply Add hu5kers77 to your friends list Get a Link to this Reply
Only the 10KG (1000) and the 1oz (300,000) have a maximum mintage. All of the others have unlimited mintage but once the year is up the final mintage is declared.


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hu5kers77's Avatar
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88 Posts
 Posted 10/23/2014  8:05 pm  Show Profile   Bookmark this reply Add hu5kers77 to your friends list Get a Link to this Reply
I do think that Kilo coins can be minted until the series is done but someone may have to confirm that.
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hu5kers77's Avatar
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88 Posts
 Posted 10/23/2014  8:37 pm  Show Profile   Bookmark this reply Add hu5kers77 to your friends list Get a Link to this Reply



Here are some quick numbers taken from the Perth Mint prior to the 2012 Dragon when things really got out of hand. Declared numbers for all sizes spiked in 2012 and then came down significantly after the 2013 Snake release. Some say it was because they didn't like the Snake design and others say it was because of the disappointment in the Dragons not holding their original value.

2011 2010 2009 2008
Rabbit Tiger OX Mouse
5 8,030 14,553 4,720 3,005
2 99,494 63,005 18,570 9,126
1 300,000 300,000 300,000 300,000
1/2 124,488 50,035 17,674 17,114
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hu5kers77's Avatar
United States
88 Posts
 Posted 10/23/2014  8:37 pm  Show Profile   Bookmark this reply Add hu5kers77 to your friends list Get a Link to this Reply
My apologies for the make shift chart, it looked a lot clearer before I submitted it but you get the picture.
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United States
112 Posts
 Posted 10/24/2014  12:27 am  Show Profile   Bookmark this reply Add Vesper to your friends list Get a Link to this Reply
Thanks for all the info! I'm sure I am in for some consistent fun (and yearly too!) :). My only remaining question is about the 1oz proof version. I had actually already looked at the Perth Mint mint age statistics as well as completed listing on ebay. What I'm really wondering about now is the quality and/or difference of the proof version on the series. Also, with their annual fixed 5,000 mintage limit, they seem a sure bet for being in shortage as time moves on. Hard to know exactly, and the premium is steep for the proof.

Thanks again hu5kers and Saving Silver Man! I'm excited just know I'll have one of these in my hand eventually :)
Vesper
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hu5kers77's Avatar
United States
88 Posts
 Posted 10/24/2014  12:41 am  Show Profile   Bookmark this reply Add hu5kers77 to your friends list Get a Link to this Reply
Lunar proof coins are beautiful but I do not collect them. If I came across a lunar dragon I would jump on it in a hurry but I am not trying to collect them as a series. In my humble opinion, proof collecting is a sensitive matter, one milk spot or scratch and you are losing $. I think the overall rule would still apply, if you are going to collect proof Lunars, load up at the initial release.
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Saving Silver Man's Avatar
United States
12 Posts
 Posted 10/24/2014  11:37 am  Show Profile   Bookmark this reply Add Saving Silver Man to your friends list Get a Link to this Reply
You're welcome Vesper. I've seen/heard a few people tout the potential for the three coin proof set (1/2oz, 1oz, and 2oz I believe). I have not yet pruchased one but have considered it. I just have too many items higher on my priority list. If you're interested in Lunar coins The Royal Mint released the first in their series, the horse. JM Bullion ($1.69 over spot) is running a good deal on those right now. They aren't designed as nicely as the Perth but it's the first in the series so I'll probably jump on a few of them to flip down the road. If they don't end up catching on I basically paid a round price for a govt minted coin. And only 300k mintage.
Edited by Saving Silver Man
10/24/2014 11:39 am
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hu5kers77's Avatar
United States
88 Posts
 Posted 10/24/2014  12:03 pm  Show Profile   Bookmark this reply Add hu5kers77 to your friends list Get a Link to this Reply
Like Saving Silver Man, I too jumped on The Royal Mint coins but be prepared for a significant drop off in quality. The prices quoted above are very good for a government issued coin.
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