Pictures have surfaced of the new Perth Mint "2012 Year of the Dragon Ten-Coin Set" which is coming to Australia next month. As previously mentioned the set will contain the 9 coloured coins as was produced in the Chinese versions and also include a 1oz Silver bullion/specimen round also.
|2012 Year of the Dragon Ten-Coin Set|
"I was under the impression that you are buying pretty much all of the lunar dragon releases. Is that because you are speculating that they will all be winners?"
"The High Relief Dragon is actually the first Perth Mint 2012 'modern numismatic' dragon which I've purchased so far.
In my opinion a Dragon coin set which will perform poorly is the forthcoming 2012 Year of the Dragon Ten-Coin Set. Although I may blog about some of these coins (some I do so just out of interest or to keep those reading up to date with releases), it's by no means an endorsement for every coin released."
|2012 Year of the Dragon Nine-Coin Set (Chinese Version)|
|2012 Year of the Dragon Ten-Coin Set (Chinese Version)|
And now we have the Ten Coin Set released for the Australian market (pictured at top of post) with a mintage of 2,500.
I do think there will definitely be modern numismatic coins which perform poorly into the future, including some of the Dragon coins. One thing to keep in mind is that the price of the individual coins or sets could stay above their release price but still be considered to perform poorly if spot price increases significantly. For example if Silver rises to $60 per ounce and this 10 Coin Set is only selling for $1100 (still a 10% increase on issue price) then you would have been much better off putting your cash into low premium Silver instead of this set.