Tuesday, February 7, 2012

High Relief, 5oz Proof & Privy Dragons On Their Way

Thanks to members on Silver Stackers I got the heads up that the Perth Mint is releasing a new Dragon coin in March 2012 (yes ANOTHER dragon *rolleyes*), but I have to admit it's the first one in while that has really captured my interest. It is listed as a "2012 Year of the Dragon 1oz Silver Proof High Relief Coin" on the Perth Mint's forthcoming releases page. Due to be released from 12.01am (Perth time) on March 2nd.
Following a closer investigation of the ComLaw documents that I mentioned in a post yesterday (pointing to design cues for the forthcoming 2013 Gold and Silver Lunar Snake designs) I noticed a couple of other Lunar Dragon coins that are still pending release. It seems that the Perth Mint will have no mercy when it comes to pumping out as many high premium Silver Lunar Dragon coins as they can before the year is out. Here are descriptions of those yet to be released:
SILVER YEAR OF THE DRAGON – HIGH RELIEF
The design for the 2012 Australian Lunar Year of the Dragon (1oz) Silver Proof Coin features a stylised representation of a dragon. The coin includes the inscriptions ‘Year of the Dragon’ along with the Pinyin pictograph pronounced ‘lóng’ and meaning ‘dragon’.

SILVER YEAR OF THE DRAGON - PROOF
The design for the 2012 Australian Lunar Year of the Dragon (5oz) Silver Proof Coin features a stylised representation of a dragon. The coin includes the inscriptions ‘Year of the Dragon’ along with the Pinyin pictograph pronounced ‘lóng’ and meaning ‘dragon’.

2012 LUNAR DRAGON - PRIVY MARK ISSUE
The design on the 2012 Lunar Dragon - Privy Mark Issue (1oz) silver coin depicts a representation of a dragon along with a privy mark of a circle enclosing a representation of a lion. The coin includes the inscriptions ‘Year of the Dragon’ along with the Pinyin pictograph pronounced ‘lóng’ and meaning ‘dragon’.
Of the 3 yet to be released I think the High Relief coin will be the only one I purchase. The Perth Mint's restrictions on the number that customers are able to purchase (most dragons have been limited to 1 per customer) makes speculating on any of the releases quite difficult unless you find a dealer who will sell them in bulk. The hassle of flipping a single coin seems pretty fruitless so I will stick with the one coin I won't mind holding onto.

Here is a comparison photo between a 1oz Lunar Dragon and a High Relief 2010 Kangaroo (I suspect the High Relief Dragon will carry the same dimensions as the High Relief Kangaroo):

2012 1 Ounce Silver Lunar Dragon vs 2010 1 Ounce Silver High Relief Kangaroo
We still don't have a picture of the final design for the High Relief coin. It's possible that it's just a minituarised image of the standard proof/bullion Silver design. I will be sure to post any more information I get on these forthcoming releases as it comes to hand.

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5 comments:

Is any information of the fourthcoming Dragon (5oz) Silver Proof Coin available (mintage, date of release)?

Sorry Madeira08 haven't heard anything yet, will be sure to put up a post when I do.

hallo barron its on i can buy the 5oz proof dragon 2012 for 365 euros
what u think will it be a winner or to many dragons
also the 2012 koala 5 oz proof is there for sale same prize
ok looking forward to u reaction saluti LAB

Hey LAB

Thanks for the heads up, where are they for sale? What is the mintage? How are they presented?

To be honest I think a rising price of Silver will result in the bullion 5oz coin being the better buy, however if the mintage is low enough there may be interest. The Singapore Show Panda 5oz coin is already doing quite well on the secondary market, but the Pandas have a much larger following than the Perth Mint Lunar coins...

i dont know the mintage presentation is box and number its on a local site but i cant find any other info exept the prise

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