The next round of Lunar Snake coins to be released by Perth Mint will be available early next week (see the Forthcoming Releases page):
I sent through some questions to the Perth Mint for clarification given changes that were made to the Series 2 lineup for the Dragon release last year... questions asked were:
Will the "2013 Year of the Snake 1oz Silver Coloured Edition" be a proof coloured release (like the dragon) or a boxed specimen version like the previous Series 2 coloured releases?
Is the "2013 Year of the Snake 1oz Silver Typeset" going to only include the usual 4 coins (gilded/coloured/proof/bullion) or will it also include the high relief coin (making it a 5 coin set)? Also will the coloured coin in the Typeset be the same as the coloured coin released on same day (e.g. coloured proof or specimen coin)?
These were good questions prompted by Captain Overkill who also writes about Lunar coins on his blog Doomberg (check it out!).
Stephen Ward from Perth Mint responded promptly with the below:
- The individual 2013 Year of the Snake 1oz Silver Coloured Edition is a proof quality coin.
- The 2013 Year of the Snake 1oz Silver Typeset comprises the four traditional coins - gilded/coloured/proof/bullion.
- The coloured coin in Typeset is specimen (ie frosted table).
The questions were relevant as there were some changes to these coins last year for the Dragon release (compared with previous Series 2 releases). For example the coloured proof coin was a new addition for the Dragon lineup, where previously the coloured coin sold in presentation packaging was only a specimen coin.
I think the potential for these coins in the short term is fairly limited. While the High Relief Dragon when released did shoot up briefly on secondary markets it quickly died back down. I will probably order one of the High Relief Snakes for my personal collection, as I've written before these coins are some of the few that I "collect" (see this post).
As I pointed out in this post earlier in the year, the bullion coins have outperformed the numismatic releases over the long term and I don't expect that to stop as the spot price of Gold and Silver continues to rise.
Besides the High Relief Snake the only standout is probably the typeset, which have tended to perform well given their low release numbers (1,500 sets). I suspect this might be the only release in this lineup that might be difficult to source directly from the Perth Mint, so may be worth jumping onto their site quickly for that one next week.
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