#1 Silver coin bar – There’s a new kid on the silver bullion coin block and it’s gone straight to my personal number one choice of silver bullion! Produced by the Perth Mint who have an enviable reputation for impeccable quality, the 1 ounce Dragon rectangle silver bar also benefits from coinage status since it’s a legal tender $1 face value silver coin.
The silver Dragon bar has many sound money features
- It’s legal tender $1 face value
- Super fine production quality
- Easy to collect, store and value
- Ease of authenticity, has intricate design on both the obverse and reverse
- Internationally recognised and collected
- Sold at bullion values whilst further benefits from a limited mintage of 500k Worldwide
- Added appeal from the Dragons good luck reputation (and good looks!)
Adding further to the appeal is the fact that it’s refreshingly different on the crowded silver bullion coin scene! Coins like the UK Britannia, US Eagles, Canadian Maple-leafs etc have been around a good while now and have been minted in vast quantities meaning that in reality there’s very little added intrinsic value from year to year.
Priced at the same cost per Troy ounce of silver these 1oz Dragons look the better buy.
You gain from the exact same level of investment silver appreciation, whilst further enhanced by it’s added appeal from both coin collectors and silver bar stackers. Being a new release from 2018 there simply aren’t that many available and I’d therefore anticipate at least a moderate uplift in numismatic appeal which is a welcome bonus alongside the silver bullion value.
In many ways it reminds me of similar attributes to those beautiful China 1oz Silver Panda coins, equally finely minted with striking varied designs year to year. The striking difference being that once again the China Pandas are minted in huge annual mintages that the silver panda nullify’s much of the numismatic premium in my opinion, certainly in later years.
Limited mintage Dragon 1 ounce silver bullion bars
Compare the Dragon coin bars mintage figure which is limited at a strict 500k – I know which looks the best value to me! But don’t take my word for it, shop around and compare re-sale prices at UK dealers for both the 2018’s – if you can find them in any decent quantity! and the 2019 issue which are already showing positive signs of appreciation compared to the UK Britannia.
2020 Dragon rectangle coin bars are scheduled to be released around March 2020 and will be initially supplied to approved Perth Mint distributors and then the secondary market wholesale coin trade. We aim to secure an initial batch on release of the first edition mintage.
Whilst we have limited quantities of lower priced secondary sale vat free Dragon bullion stock – we are still able to offer resale on our own 1oz Dragons at the similar prices as UK Britannia which is usually well under the larger bullion and coin dealer prices.
To get the lowest prices per bar I’d highly recommend buying in batches of 10 Dragon silver 1oz bars or full tubes of 20 ounces which also gives you free fully insured UK Special delivery. As per the 2018 Dragons they are sure to be a fast seller with growing awareness and Worldwide demand those limited issue 500k bars could well sell out faster each year.
Looking forward to the new 2020 Dragons design – watch this space as we aim to secure early first stock from the Official Mint suppliers and will also upload first pictures of the new Dragon design along with some first issue discount priced coin bars onto the Silver Hubs Coin Forums.