1997 1/20 oz Platinum Chinese Panda

Discussion in 'Coin Chat' started by StevenHarden, Oct 4, 2016.

  1. StevenHarden

    StevenHarden Well-Known Member

    I am excited to report that I received notice from NGC today that my 1997 1/20 oz Platinum Chinese Panda graded out as PF69 Ultra Cameo. I am looking for more information on this piece.

    1. Does anyone have any information on what the actual mintage of this piece may be? Through my research I have noticed that there is an "official" mintage of 5,000 pieces, but the actual number of pieces minted is considered to be "a fraction the stated number". Other sites say that there may only be 100 or 200 in existence today. Does anyone have more information on this? Also, what might have been the cause for such a reduced mintage of these?

    2. What would be a good value to put on this piece? The NGC price guide gives a price for a 69 at $6,500. The PCGS price guide gives a price for a 69 at $6,241. I understand that the values given should be somewhat taken with a grain of salt. I also understand that the actual prices of rarities such as this are going WELL ABOVE (sometimes double) the US prices when being traded overseas in China to prospective buyers.

    3. I am interested in selling this piece, but every buyer I talk to wants to me to give a price first. I understand that this must be an ultra-rare piece, but there must be some basis to come up with a price point initially. Does anyone have any information on what these may be traded at? Has there been a recent auction or sell of this particular coin with an actually sell price listed?

    Any help on any of the above questions would be greatly appreciated. I unfortunately do not have the piece back in my hands, otherwise I would have posted a picture of the piece. Also, any further discussion on the Chinese Platinum Panda series, and this piece in particular, would be very much welcome.

    Thank You.
     
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  3. StevenHarden

    StevenHarden Well-Known Member

    For those who do not immediately recall what this coin is, here are generic photos of the coin. This is not my personal coin. My coin has been graded by NGC as PF69 Ultra Cameo and is currently in transit back to me. Again, any help with the above questions would be greatly appreciated. Even if you do not have experience with this piece, I would love to hear any comments.

    upload_2016-10-4_22-45-43.png upload_2016-10-4_22-45-53.png

    Thank You.
     
  4. StevenHarden

    StevenHarden Well-Known Member

    So does anyone have any information on this piece? Anything at all would help. Thank you.
     
  5. StevenHarden

    StevenHarden Well-Known Member

    I have received many "looks" on this forum, but no replies (other than myself). I hope that I have this in the proper coin forum. Again, ANY reply would be appreciated. Thank you again.
     
  6. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    You can receive many looks but that does not mean you will get the answer right away. I just wanted to see what you were showing. Plus you created this thread late in the evening so some are already in bed. Patience my friend.
    And it looks like you created a double thread.

    Some US east coast members might be more concerned with the hurricane than with numismatic issues.:(
     
    Last edited: Oct 7, 2016
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