Any collectors of Chinese pandas?

Discussion in 'Bullion Investing' started by OnEWB, Mar 14, 2016.

  1. OnEWB

    OnEWB Active Member

    Anyone knowledgeable?
     
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  3. Tater

    Tater Coin Collector

    I'm trying to gain knowledge on the subject. I have some silver pandas and have owned one ounce hold ones before. You looking at gold, silver or platinum?
     
  4. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    It would be helpful if you could somewhat narrow down your question.
     
  5. OnEWB

    OnEWB Active Member

    I'm looking to see if it's worth putting in a slab. The coin by itself is worth around $40. While a MS 68 can fetch $80 and a MS-69 can go for around $130. I'm planning on holding onto the coin now. Just trying to find out if it's worth sending it off.
     

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  6. Comixbooks

    Comixbooks Active Member

    I have that coin but it's a Fake...
     
  7. OnEWB

    OnEWB Active Member

    Yeah I've been told mine could be.
     

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  8. OnEWB

    OnEWB Active Member

    Silver
     
  9. OnEWB

    OnEWB Active Member

    I'm looking to see if it's worth putting in a slab. The coin by itself is worth around $40. While a MS 68 can fetch $80 and a MS-69 can go for around $130. I'm planning on holding onto the coin now. Just trying to find out if it's worth sending it off.
     
  10. Jwt708

    Jwt708 Well-Known Member

    The things I would consider before sending it off:

    Which company gets $80 for MS68? - Because that's the company I would send to.

    How much does it cost to get graded by that company? - Because that's more money I have to spend on that coin and if I can't get that money back, it's money spent.

    If it graded at a profitable return what would I do with it? - If I was going to hold on to it I see no upside to grading.

    Your pictures are not good enough to attempt a grade from. Someone please correct me, but isn't it around $50 per coin to PCGS? That's including shipping, insurance, membership fees, and grading fees. Something like $30 for NGC.
     
  11. OnEWB

    OnEWB Active Member

    NGC has the MS 68 for $80. I'd also like to know the fees to send off coins.
     
  12. Tater

    Tater Coin Collector

    I don't see a financial advantage to having the coin graded. If you want to verify that it is authentic than wait for a special submission price with ANACS and send to them.

    If I were to send it in I would first have it conserved, but that is additional cost.
     
    GoldFinger1969 likes this.
  13. Tater

    Tater Coin Collector

    NGC: $8 submission fee+ $35 standard grading fee, (Cheaper if you submit 5 coins) + shipping and insurance to NGC+ and my guess $12 shipping and insurance back from NGC=TOO MUCH $$$
     
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  14. OnEWB

    OnEWB Active Member

    Better?
     

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    Tater likes this.
  15. OnEWB

    OnEWB Active Member

    It's not for financial advantage. I just want to save it for my daughter and just wanted to put it in a slab. I wasn't aware of how much it cost to send in.
     
  16. Jwt708

    Jwt708 Well-Known Member

    The game you want to play requires that you can grade like NGC and predict the market for this coin. Assume the best case scenario - you spend $40 for the coin, $55 for grading, and hope to make $40. Worst case - $40 for the coin, $55 for grading, and lose money.

    Your pictures are better but there's a big shadow and not good enough. (I'm not a photographer)
     
  17. Jwt708

    Jwt708 Well-Known Member

    Oh, just buy an Air-Tite and call it a day. First, if there are doubts about authenticity, get that sorted out. Air-Tites are like $0.65 from the website and about $1.20 from a coin store. Shipping is tough from the web, so unless you're buying in bulk it's better to get them from the store.
     
    Tater likes this.
  18. OnEWB

    OnEWB Active Member

    I'm not trying to make money from it. I want to hold onto it.
     
  19. OnEWB

    OnEWB Active Member

    Want me to get the shadow out?
     
  20. Jwt708

    Jwt708 Well-Known Member

    Air-Tite is what you need for this coin. I don't think it will grade 68+ but I collect tokens and ancients so take my advice at your own peril.;)

    I think coin photography is fun and has become a side hobby I'm not very good at.
     
  21. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Is your 1 ounce Silver Panda legit or a counterfeit ? o_O

    If you like the coin and want one in MS-69 or MS-70, just buy one. I own both Silver and Gold pandas.
     
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