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  • dbtunr dbtunr Nov 22, 2013 2:21 PM Flag

    2014 World Coins released this month

    not in January. Maybe this can help PCGS smooth out their grading and make December a stronger month

    The Coin Analyst: 2014 World Silver Bullion Coins Offer Potential
    By Louis Golino on November 21, 2013 9:30 AM

    Unlike American silver eagles which are always issued in January, many world bullion coins are released during the final months of the preceding year.

    For example, the Perth Mint rolls out its Lunar bullion coins and Kookaburras around Labor Day. The Koala coins are usually released a little later in the fall. However, this year some of Perth’s bullion products were delayed, including the silver Koalas and the ten ounce silver Lunar horses. Bullion dealers are now starting to accept pre-orders for these coins, which will be available in a couple weeks.

    The Perth Mint’s press officer, Makeila Ellis, provided the following explanation for the recent delays in the mint’s bullion coin program: “This situation has arisen due to our factory being incredibly busy at this time with strong demand for both bullion and numismatic products. To satisfy existing demand as quickly as possible, we are again operating 24 hours a day, five days a week with double shifts on the weekend.”

    Ms. Ellis also said that the 5 ounce bullion silver Lunar horse coins will be released next year.

    kook 14 The Coin Analyst: 2014 World Silver Bullion Coins Offer Potential Perth’s Lunar bullion one-ounce coins have a mintage limited to 300,000, and typically acquire strong premiums after several years have passed, but it also depends on which Lunar sign is on the coin. 2012 Dragons, for example, have done better than 2013 snakes.

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    • not included in the above article snip due to space constraints was the Chinese Panda release from last month. I have to admit that I did not not that foreign coins were released early. This really should smooth out earnings.

 
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