Author Topic: 2012 5oz rectangule silver coin- lunar animal dragon  (Read 2809 times)

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Offline exchange

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2012 5oz rectangule silver coin- lunar animal dragon
« on: November 19, 2011, 09:42:44 PM »
$2000! 12x over spot with a mintage of 20,000.
As it has been mentioned several times, if you are going to buy a dragon coin, get the older ones. The 2012 dragon coins do not in my opinion justify these high prices.

http://www.ebay.com/itm/New-arrival-2012-5oz-rectangule-silver-coin-lunar-animal-dragon-/270857013880?pt=LH_DefaultDomain_0&hash=item3f10560a78#ht_1544wt_955


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Offline ghostrider80811

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Re: 2012 5oz rectangule silver coin- lunar animal dragon
« Reply #1 on: November 20, 2011, 01:41:15 AM »
That's what I've been saying!  Its kind of like the Australian Dragon when it first came out alot of excitement at first and now the fizzle. 

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Offline Pandad

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Re: 2012 5oz rectangule silver coin- lunar animal dragon
« Reply #3 on: November 21, 2011, 11:18:52 PM »
This is crazy, stupid crazy.  I think the design on the 2000 incredible the 2012 is ahhhhhh so so.  Who wouldn't want the 2000 for the minor difference.   What is even crazier than the price is that they are selling like hot cakes.


Offline GDG's

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Re: 2012 5oz rectangule silver coin- lunar animal dragon
« Reply #5 on: December 04, 2011, 12:58:44 PM »
The collectors eventually dictate the price not the dealers. That said I will not be buying any 2012 Dragons. I don't like the design at all.  I do on the other hand love the 2000 Dragons. I'm not a big silver collector but I did buy many 2000 silver coins. The millennium is important to the Chinese and being a Dragon Year is also known as Golden Dragon Year. How often does the millennium fall on a Dragon year? I agree that the 2000 is by far the better buy.

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Offline chinesecoinworks

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Re: 2012 5oz rectangule silver coin- lunar animal dragon
« Reply #7 on: December 16, 2011, 06:42:03 PM »
Here's the other school of thought why 2000 dragon does not have a much larger premium over 2012:

Collectors of fan-shaped lunar series would hope to complete the full set. With the horse at upwards of $1,000, it makes collectors give up on this series and start a new one.

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Re: 2012 5oz rectangule silver coin- lunar animal dragon
« Reply #8 on: December 16, 2011, 06:47:46 PM »
Here's the other school of thought why 2000 dragon does not have a much larger premium over 2012:

Collectors of fan-shaped lunar series would hope to complete the full set. With the horse at upwards of $1,000, it makes collectors give up on this series and start a new one.


That's true, however the horse is really the only one that is expensive. All the others are affordable, and you don't have to wait 12 years. :)

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Offline Mirkkanen

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Re: 2012 5oz rectangule silver coin- lunar animal dragon
« Reply #9 on: January 16, 2012, 10:30:16 PM »
Well . . . I took the plunge and purchased a 2012 5 oz rectangular dragon, but I got it for $1k. I figure if I hold onto it for a while, I won't lose too much money ;) For 2K, I would not have bought it. For $1k, the coin has potential, and at the very least, is a conversation piece  :blink:

In person the coin is smaller than I would have hoped, but it does look quite beautiful!