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  • » Tracking the 2012 1oz Silver Dragon Secondary Market

#26 2011-09-07 19:38:38

Trichter
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From: Australia
Registered: 2010-12-15
Posts: 943
Trades :   75 

Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Incidentally, 69.90 EUR is the exact same price they are charging for the 1oz Lunar II Tiger as well.

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#27 2011-09-07 21:11:44

Aurora et luna
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From: Sydney
Registered: 2009-07-01
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

This Dragon mania has also helped lift the current prices of  Mice, Rabbits and Tigers smile
Wholesale prices for rolls of mice has just gone up to $1000, rabbits $1100, and tigers $1200
I still think Dragon prices will settle down to about $1200 -$1300 a roll wholesale once people are able to source it more easily.
This hype is just too similar to the Clownfish and Treasures of Australia gold Nugget debacle.

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#28 2011-09-07 21:59:24

Matthew 26:14
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From: Victoria
Registered: 2010-09-03
Posts: 3,426
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Aurora et luna wrote:

This Dragon mania has also helped lift the current prices of  Mice, Rabbits and Tigers smile
Wholesale prices for rolls of mice has just gone up to $1000, rabbits $1100, and tigers $1200
I still think Dragon prices will settle down to about $1200 -$1300 a roll wholesale once people are able to source it more easily.
This hype is just too similar to the Clownfish and Treasures of Australia gold Nugget debacle.

Agreed.  Initial mania then it falls back to something reasonable.  Why would you be buying a 2012 Dragon coin for $120-$150 which has a 300k mintage when a series 1 Dragon with a 118k mintage you can buy for the same or less?  Its nonsensical and when an investment doesn't make sense there's sure to be something wrong with it.

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#29 2011-09-07 22:00:58

1for1
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From: NSW, Australia
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

WOW $355 with 5 days to go!!!! BULLION 1 ounce! 29 Bids Australia ebay Auction 110740233685

1for1


FAV STOCK FGR - | Digi Comm Mktg | Metals  #1for1

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#30 2011-09-07 22:03:56

Austacker
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From: The Wild West
Registered: 2010-02-26
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

goldpelican wrote:

Proof or bullion?

BULLION !!! doh repeat....

Last edited by Austacker (2011-09-07 22:04:42)

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#31 2011-09-07 22:08:40

lionfishcoin
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From: Sydney
Registered: 2010-01-07
Posts: 188
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Matthew 26:14 wrote:
Aurora et luna wrote:

This Dragon mania has also helped lift the current prices of  Mice, Rabbits and Tigers smile
Wholesale prices for rolls of mice has just gone up to $1000, rabbits $1100, and tigers $1200
I still think Dragon prices will settle down to about $1200 -$1300 a roll wholesale once people are able to source it more easily.
This hype is just too similar to the Clownfish and Treasures of Australia gold Nugget debacle.

Agreed.  Initial mania then it falls back to something reasonable.  Why would you be buying a 2012 Dragon coin for $120-$150 which has a 300k mintage when a series 1 Dragon with a 118k mintage you can buy for the same or less?  Its nonsensical and when an investment doesn't make sense there's sure to be something wrong with it.

APMEX listing s2 1oz tiger $110 now. Dragon will be much cheaper than that price?
Also the mintage of s1 tiger much less than s2, but I am not seeing that give much help to s1 tiger price which is $120 on APMEX.

Last edited by lionfishcoin (2011-09-07 22:24:22)

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#32 2011-09-07 22:18:23

Jislizard
Silver Stacker
From: Australia
Registered: 2011-04-07
Posts: 7,479
Trades :   57 

Re: Tracking the 2012 1oz Silver Dragon Secondary Market

1for1 wrote:

WOW $355 with 5 days to go!!!! BULLION 1 ounce! 29 Bids Australia ebay Auction 110740233685

1for1

Experienced bidding stopped at $95, two newbies are now fighting over it.  One has 0 feedback.  Very dubious!  I would think that something is going on in the background with that auction, not necessarily the auction itself but the bidders are not acting rationally.


Now stacking: World Junk Silver Coins.
Swap your older, worn, dirty fractional silver coins for fiat, .999 rounds or legal tender. 
Individual coins, mixed lots or bulk. 
Not looking for Australian, bent, holed or damaged coins, thanks!

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#33 2011-09-07 22:42:12

stackeract
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From: Canberra
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

If you search ebay for 2012 silver dragon proof and tick "search description" then this coin comes up because the description talks about proof of postage. The only coins that come up are the 2 coins by this seller and Austackers $999 one. 
These bidders probably think that this is a proof coin.

Austacker: If they are also making an offer on your coin, I think you should send them a message and warn them about their mistake.

Last edited by stackeract (2011-09-07 23:01:40)

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#34 2011-09-07 22:44:40

TheMineTech
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From: Montana, USA
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

I think this is a blatant case of shill bidding.

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#35 2011-09-07 23:14:33

Boomstix
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From: Brisbane
Registered: 2011-08-11
Posts: 140
Trades :   19 

Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Looks like the guy that made the auction has created a new account and is dummy bidding against a mate of his to rack up the price on his next auctions.

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#36 2011-09-08 00:14:35

grinners
Silver Stacker
From: Australia
Registered: 2011-03-19
Posts: 1,236

Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Boomstix wrote:

Looks like the guy that made the auction has created a new account and is dummy bidding against a mate of his to rack up the price on his next auctions.

When 100% profit in a week isn't enough, and you need to start conning people to make more, you know there is a serious problem with people sad

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#37 2011-09-08 01:04:27

Austacker
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From: The Wild West
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

stackeract wrote:

If you search ebay for 2012 silver dragon proof and tick "search description" then this coin comes up because the description talks about proof of postage. The only coins that come up are the 2 coins by this seller and Austackers $999 one. 
These bidders probably think that this is a proof coin.

Austacker: If they are also making an offer on your coin, I think you should send them a message and warn them about their mistake.

The person who has the highest offer with me so far has a good feedback rating so it all appears good. I do want to point out I am not doing this to rip anyone off, but I am trying to establish what the ebay merket is prepared to pay. I do feel sorry for those who missed out, but i also know a lot more Bullion are coming. Proofs are a little different.

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#38 2011-09-08 02:33:39

Dirtbikepilot
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From: Ubiquitous
Registered: 2011-08-23
Posts: 1,239
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Austacker wrote:
stackeract wrote:

If you search ebay for 2012 silver dragon proof and tick "search description" then this coin comes up because the description talks about proof of postage. The only coins that come up are the 2 coins by this seller and Austackers $999 one. 
These bidders probably think that this is a proof coin.

Austacker: If they are also making an offer on your coin, I think you should send them a message and warn them about their mistake.

The person who has the highest offer with me so far has a good feedback rating so it all appears good. I do want to point out I am not doing this to rip anyone off, but I am trying to establish what the ebay merket is prepared to pay. I do feel sorry for those who missed out, but i also know a lot more Bullion are coming. Proofs are a little different.

I don't see accepting the highest bid in an auction, where the bidder has time to inform/educate themselves as ripping someone off.  However if you use deceit, lies, misrepresentation or any other tactics to purposefully instill an incorrect notion into someones mind, that is ripping someone off.

Austacker I see what you are doing as being totally above board and transparent.  I'm sure if a potential buyer asked a questions of you, you would provide them with an honest and ethical answer.  What someone is prepared to pay for anything is very subjective, it depends on the individual, something I see as a rip off someone else sees as a bargain.

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#39 2011-09-08 03:02:23

Austacker
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From: The Wild West
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Here is another listing I have and 1 is gone already. It is clearly stated Buliion so it is clear and transparent. It is up to the buyer to do reasearch on the item, as long as information is correct on the listing.

Have a look - 190574716585

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#40 2011-09-08 03:03:54

goldpelican
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

That's... above expectations.


My posts on Silver Stackers are either personal opinion or acting in the capacity of site administrator. Opinions offered do not constitute professional or financial advice.

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#41 2011-09-08 03:06:57

fishball
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From: Shin Sekai Yori
Registered: 2011-04-11
Posts: 6,760
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Austacker wrote:

Here is another listing I have and 1 is gone already. It is clearly stated Buliion so it is clear and transparent. It is up to the buyer to do reasearch on the item, as long as information is correct on the listing.

Have a look - 190574716585

.... amazing.

Is the buyer Australian or overseas?

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#42 2011-09-08 03:08:00

Austacker
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From: The Wild West
Registered: 2010-02-26
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Australian Buyer...

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#43 2011-09-08 03:09:42

SilverSale
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From: Australia
Registered: 2009-09-25
Posts: 2,046
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Has he paid??

I've had quite a few people buy items recently and not pay.

A pet peev with ebay - and there is nothing you can do - can't even give negative feedback any more. A buyer's market.

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#44 2011-09-08 03:21:54

rbaggio
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From: Australia
Registered: 2010-08-05
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Trades :   128 

Re: Tracking the 2012 1oz Silver Dragon Secondary Market

wow

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#45 2011-09-08 03:23:28

Dirtbikepilot
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From: Ubiquitous
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Well that is a pretty healthy return no matter how you look at it smile.  If mine had arrived I would nearly be inclined to follow your lead.  I only have a couple so I might hang onto them. 
Would buy more but it appears that the market has priced them out of my reach. 

Supply and demand 101. tongue

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#46 2011-09-08 03:31:39

Dirtbikepilot
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From: Ubiquitous
Registered: 2011-08-23
Posts: 1,239
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Just checked the PM site.  My Dragons are now packed.  Might be a Monday delivery big_smile

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#47 2011-09-08 03:41:46

noagenda33
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From: Perth
Registered: 2011-08-30
Posts: 186
Trades :   15 

Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Just sold 3 @ $165 each on eBay, payment received. Very happy with that...! Listed more at more to see where that market wants to take it. Why not? Will sell to silver stackers for $100, free postage.
-noa

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#48 2011-09-08 03:47:13

SilverSale
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From: Australia
Registered: 2009-09-25
Posts: 2,046
Trades :   50 

Re: Tracking the 2012 1oz Silver Dragon Secondary Market

noagenda33 wrote:

Just sold 3 @ $165 each on eBay, payment received. Very happy with that...! Listed more at more to see where that market wants to take it. Why not? Will sell to silver stackers for $100, free postage.
-noa

Nice work. All the dragon bashers have gone very quiet in the last few days tongue

First lunar dragon gilded edition I've seen, currently 99euro on the bay.
http://www.ebay.de/itm/Lunar-Drache-Gil … 0601545511

Last edited by SilverSale (2011-09-08 03:48:37)

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#49 2011-09-08 06:06:53

SilverSale
Silver Stacker
From: Australia
Registered: 2009-09-25
Posts: 2,046
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Re: Tracking the 2012 1oz Silver Dragon Secondary Market

If someone wants a full roll of silver 1oz dragons - someone has just listed one on feebay.

Buy-it-now: $4,400 ono wink

Testing the waters.

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#50 2011-09-08 06:18:14

Silvermonkey
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From: Australia
Registered: 2011-07-30
Posts: 850
Trades :   32 

Re: Tracking the 2012 1oz Silver Dragon Secondary Market

Arrgghh Come onnnnnn!!!
FFS
smile


It's Adventure Time!!

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