Australian MS70 kilo value

[erwindoc]

Anyone know of the value of these graded by ngc MS70? Not tons of auction records I can find.

[ultra-crepidarian]

There are 45 NGC MS 70 ER coins according to the census. You are correct; there have not been a lot of transactions of the graded 70 coins, most coins are being sold ungraded. Boston Modern Coins had a couple of these coins: NGC- 3553228-001 and NGC-3553228-002.

 

The second coin sold at auction on E-bay and sold for $2,222.00 on October 30, 2011. Item number: 120798926812 – this seems to be about what I would currently expect to pay for the coin.

 

Please note: These are the bullion coins and there are no limit on how many will be produced. The coins can be produced not only in 2012 but in future years. See extract from Perth Mint pamphlet below:

 

THE AUSTRALIAN PRECIOUS METALS COIN PROGRAM 2012 SILVER BULLION COINS

 

Mintages (Dragons - page 4)

 

No mintage limit applies to 1 kilo, 10oz, 5oz, 2oz and 1/2oz coins. Except for the 1 kilo release, production of these coins will close at the end of 2012 and The Perth Mint will declare each coin's official mintage. Production of 1 kilo coins will cease at the end of the series. …