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** Rare Australian Perth Mint 2000 Lunar Dragon ** 1 oz .9999 Gold ** Series I in Ocala, Florida For Sale

Price: $1,995
Type: Art & Antiques, For Sale - Private.

The Year xxxx Gold Dragon is the key coin in The Perth Mint Lunar Series for several reasons. Although the year xxxx was celebrated as the last year of the old millennium, it was the first year of the new millennium. Regardless, coins dated xxxx are unique and often are highly sought after in the collectible coin market.
Although the dragon is considered China?s icon, this mythical creature is immensely popular throughout Asia. As more Asians learn about the Gold Dragons, many are likely to purchase them as mementos or to be turned into jewelry. Coins used for jewelry lose their coin collectible value; therefore, jewelry demand for Lunar Series coins will reduce the number of coins available to the coin collectible market. The use of Lunar Series coins for jewelry is likely to enhance the coins? collectible status.
Having long completed their original production run of just 30,000 coins, the 1-oz Lunar Series gold coins are now available only in the secondary market. It is believed all the Lunar Series coins that reach their caps should see premium increases in the secondary market, as have the 1-oz Gold Dragons and the 1-oz Gold Horses.
In xxxx, China hosted the xxxx Summer Olympics. This introduced the entire world to the China?s culture, its history, and the things Chinese people hold in esteem, including the Lunar Calendar and the dragon. Demand for The Perth Mint Lunar Series coins for jewelry alone could continue to drive prices higher. As these are collectible coins, they continue to appreciate for their numismatic value as they are not as closely tied to the spot price of gold as are bullion coins.

State: Florida  City: Ocala  Category: Art & Antiques
Art & Antiques in Florida for sale

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