Buy 2012 Lunar Dragon Silver
One of the most anticipated silver bullion by Perth Mint will be releasing this coming 1st September. You would have guessed it right, the fifth animal in the 12-year cycle of the Chinese zodiac, the 2012 dragon lunar.
Of all animal in the Chinese zodiac, dragon has always been the favorite. It is also the best selling animal for Lunar Series 1.
In this post, we will be looking into information and facts on what you should know about the lunar series.
1) Lunar Series 1 began with Rabbit, not Mouse.
The Australian Lunar Silver Bullion Series 1 coins began in 1999 with the Year of the Rabbit silver coins. It ended with Tiger in year 2010. Rabbit is actually the forth animal in Chinese zodiac animal.
2) Double Date for Series 1’s Mouse, Ox and Tiger
However, the series 1’s production was ended prematurely in 2007 to give way to Lunar Series 2! This explains why you see Tiger series 1 has two dates on the coin. The Tiger face has a 2010 while the Queen Elizabeth face has 2007 minted. Same goes to 2008’s Mouse and 2009’s Ox. 2007 is the year of minting.
^ Tiger face with 2010 year while Queen Elizabeth has 2007 year.
3) Series 2 Restarted With Mouse First
Mouse is the first animal in the Chinese zodiac. If you read the history about the chinese zodiac, the mouse piggy back on Ox and finished the zodiac race first by leaping out from the Ox. It make perfect sense to restart the series in a proper order.
4) More Than 1/2 Million oz of Dragon Series 1 Sold!
In combinations of 1kg, 10 oz, 2 oz, 1 oz and 1/2 oz bullion coin, Perth Mint sold 533,586 oz of dragon silver bullion coin. The highest among all the Series 1’s zodiac.
5) 39.57% of 300,000 Mint Limit
Perth Mint sold 118,697 oz of 1 oz Dragon Silver Bullion. It was the highest percentage for Series 1. Second place was 2004’s Monkey with 35.23% of the 300,000 mintage sold. Fast forward to Series 2, Ox, Rabbit and Ox’s 300,000 limit for 1 oz coin has been 100% sold out.
Click to download more statistic on Lunar Series 1.
6) One Ounce of Dragon Series 1 For Less Than 10 Bucks
In Year 2000, the silver price per troy ounce is around USD $4.50 to $5.50. If you are among the few who bought the dragon’s 1/2 million oz, it’s worth approximately US $178.45/oz at ebay today.
^ Silver price in Year 2000
7) Buying the Dragon
Perth Mint will start selling them from this coming September onwards. Alternatively, you can pre-oder now at http://www.gainesvillecoins.com. Man, you just got to check out their dragon themed skin!
^ Screen capture from http://www.gainesvillecoins.com on 26th August 2011
P/S: If you are planning to import your Dragon, you might want to add 15% on top of your coin cost as Lunar Series falls under HS-code 7118.
References:
- Perth Mint Unveils 2012 Australian Lunar Gold And Silver Bullion Coin Series
- http://www.lunarcollectorcoins.com
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