Martin S. Collection of Australian Silver 1 oz Lunar I and II
2012P YEAR OF THE DRAGON SERIES II
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Coin Details
Origin/Country: |
AUSTRALIA - LUNAR |
Item Description: |
S$1 2012P YEAR OF THE DRAGON EARLY RELEASES |
Full Grade: |
NGC MS 70 |
Owner: |
libertad1998 |
Owner Comments:
When the dragon 1oz was released the demand for physical silver was relatively extreme high. The coin with a mintage of 300,000 was sold out within hours worldwide and the prices climbed to over 100$ for raw coins.
This speculative buying burned a lot of buyers and in the years after 2012 the lunar II Dragon coin was sold for less than the 2009 ox and 2010 tiger.