This post is proof that eBay sometimes throws up some bargains if you're ready for them...
A couple of weeks ago I was watching a group of 5 x 1/20oz Gold Lunar Coins (Perth Mint Series 1) and a display case to house them. I decided not to bid, because I didn't want to only win a couple and miss out on the rest (or get caught up in a bidding war last minute for some)... not bidding was a big mistake. The coins went for bargain basement prices. I was expecting some last minute bidders and they never came.
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The coins went for between $91 and $103 per coin.
What's more is that 4 out of 5 of the above coins are in the top 5 rarest by number of sales, so they are the key dates for completing a set of this type. You can view the entire Perth Mint Gold Lunar Bullion Coin mintage here, but for convenience sake I've extracted the 1/20oz Gold coins and sorted them from lowest to highest sales below:
|1997||$5||1/20oz Bullion Lunar Gold Ox Coin 1997||100,000||7,131|
|1996||$5||1/20oz Bullion Lunar Gold Mouse Coin 1996||100,000||7,405|
|1999||$5||1/20oz Bullion Lunar Gold Rabbit Coin 1999||100,000||9,642|
|2007||$5||1/20oz Bullion Lunar Gold Pig Coin 2007||100,000||10,308|
|1998||$5||1/20oz Bullion Lunar Gold Tiger Coin 1998||100,000||10,427|
|2006||$5||1/20oz Bullion Lunar Gold Dog Coin 2006||100,000||15,737|
|2004||$5||1/20oz Bullion Lunar Gold Monkey Coin 2004||100,000||15,898|
|2003||$5||1/20oz Bullion Lunar Gold Goat Coin 2003||100,000||17,892|
|2005||$5||1/20oz Bullion Lunar Gold Rooster Coin 2005||100,000||18,220|
|2001||$5||1/20oz Bullion Lunar Gold Snake Coin 2001||100,000||19,738|
|2002||$5||1/20oz Bullion Lunar Gold Horse Coin 2002||100,000||27,338|
|2000||$5||1/20oz Bullion Lunar Gold Dragon Coin 2000||100,000||29,325|
The Ox is the rarest in this coin type, which is not unusual, the Ox often sells fewer coins than the other animals and has developed a larger premium in some cases due to this.
Some of the key dates that sold two weeks ago for around $100 have exchanged hands on Silver Stackers for as much as $140-180.
Even in eBay auctions that ended yesterday we can see some of these coins usually achieve a higher sale price, the Ox coin (lowest mintage of this type) sold for almost $60 more than the earlier auction and the Snake sold for $20 more:
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Just goes to show if you keep your eyes peeled and know what you are looking for you can score bargains on eBay. Too bad I missed out on this occasion.
Small fractional Gold Lunar coins (such as 1/20th and 1/10th oz Gold) could end up a popular choice for collectors as they shun the more expensive sets (e.g. 1/2, 1 oz Gold) for those who want a more reasonable entry price to complete the collection.