The future of the Perth Mint Lunars

[StackemHigh]

The future of the Perth Mint Lunar.

Is it a good idea to have a third set in a saturated lunar market or take the time and go for a brand new series to replace this old chestnut?

What could either action taken affect the prices of series 1 & 2.

I'm a lunar addict by the way!

[watchesandwhisky]

Personally I think they should definitely make a third series, Its so popular it would be silly not too. I just hope they dont lower standards of finish (the way of the 10 oz koala)

 

I think a third series would make series two rise in premium, I cant see series one rising any more, and a lack of third series might make interest slow down in both.

 

I think kookaburras are the ones to watch. 

[HelpingHands]

I agree with the lunar-tic above. 

 

[KevinG]

Why would they stop a popular series. 

[HawkHybrid]

not all lunars are created equally.

the key to this series will always be the dragon,

regardless of which animal people actually

belong to. this is due to the dragon having a

special 'emperor' status in chinese thinking.

the dragon also symbolises greatness in other

cultures. if the 2024 dragon fails to impress then

the series will be over. otherwise it should be

business as usual at perth mint.

 

HH

[motorbikez]

@ I'd agree MH I'd like to see a 3rd series and would guess there will be one,as a proof collector i'd love to see them introduce 10oz proofs to go with the introduction of a 3rd Lunar series.

[Pipers]

They will make a 3rd Lunar series , But whether it will be as popular I don't know.  If I was them I would be thinking about a different set of coins instead.  Australia is a wonderful country with lots of wildlife, countryside and sea-life. Its the ideal country to make a series of coins like the Lunar series Good quality (not like dangerous animals series) different sizes.  Perth mint could limit mintages of all the size coins so

300,000 for 1oz

10,000 for 10oz

15,000 for 5oz

100,000 for 2oz

250,000 for the 1/2 oz

30,000 for the 1kg

 

You get what I mean.

[StackemHigh]

Yes I understand what you're getting at but how many get Australian wildlife. Not many after the kookaburra and the kangaroo!

Sharks done what else floats everyone's boat?

[StackemHigh]

Straight to Pipers. You're figures given don't you think that they are quite big considering the number of types of Lunars that buyers have to choose from? I buy in a free market and would have no problem buying 100 of the latest lunar bu, does that not mean over production of sorts. Is this a problem or a blessing ten years down the Line?

[Pipers]

Maybe, Perth mint would know how many they could sell. The the kooks have a mintage of 500,000 1oz and sell out or usually get near to that.

I would agree making a coin series low mintages the first 2 years makes sense.

[ChrisSilver]

There is demand, as proved by the declared mintages. So it would be an unwise business deduction not to continue with a 3rd series.

Some people argue that a 3rd series would decrease the value of the first 2 but I believe it would just create more demand as new collectors may want to back date the previous series.

I would like to see a 3rd series, but would like them to reduce the diameter. Similar to what the kookaburras are, I personally prefer the diameter of these.

[StackemHigh]

What about a 5oz proof hi-relief coin In very limited numbers?

This would be for hardcore collectors No stackers allowed.

[motorbikez]

I don't think they will be too popular Stackem the current 5oz lunar proofs are poor sellers with the exception of the dragon. They look nice coins as well, but 5oz seems to be a coin size that nobody is really interested in, having said that I might treat myself to a 5oz lunar monkey proof when they come out.