the best way is for all brand name bullion silver and gold coins. encapsulated and also sealed. why? encapsulated to protect coin. and sealed to protect coin from being open up by someone. so both are needed to proof it is original and never open.
The Chinese Mint also has a number of lunar series coins, including lunar tigers, in both gold & silver. Some of the more interesting ones are fan shape and flower shaped and if you get all 12, can be fitted together to form a larger design. Pretty hard to find in the USA.
I've noticed over the last couple of months that this prediction may be coming true. Some of the usual places that I look for coins have almost or have completely sold out of their stockpiles of Chinese gold coins. Several of the sites that specialize in coins from this country have almost nothing for sell and are offering up to buy any older coin that one might have. Maybe these coins are being bought up and are being sent back to Chinese customers. Unlike here in the USA the Chinese government has recently encouraged people there to hold gold. (maybe instead of US $s)
Or they could also be getting bought up my collectors in general afraid of loosing the chance to buy before they are bought and find their way to new owners in Asia. Or they could be getting bought up by Chinese-Americans in the US or other Chinese immigrants in other parts of the world for the same reason. I don't think people in the US need to be incouraged by the US government to buy physical precious metals. There are many who do so regularly and many who have done so for very many years, as well, there are those who became aware of the the US government bullion program introduced with under the Gold Bullion coin act of 1985 signed by President Reagan which began the Gold Eagle program with the Silver eagles to follow. Those two coin series have been wildly successful with investors and collectors for almost 25 years. The current economy is only increasing demand as we have seen in the last year with the amount of demand for bullion coin production that has limited and eliminated certain collector versions of US coins last year and potentially again this year.
Maybe except.... I've noticed that a lot of these coins have languished here for years without much interest selling at around spot and sometimes even less. I had my eyes just a couple of months ago on a beautiful lunar gold fan coin that was selling for about $50 under the spot price of gold at the time. Now this coin is simply impossible to find. It should also be noted that it was illegal for the Chinese to own gold until a few years ago.
True, they have languished in the greater market but there's demand overall for gold in any form right now and that would likely accelerate movement on all gold bullion and collectible coins, so I see demand moving pieces that otherwise only displayed level movement and there's still too generalized of a view that it's the Chinese main-landers who are buying these issues from foreign markets. Yes, China has loosen their laws concerning ownership of gold by individuals but for the greater population there are still many who are unable to buy in quantity or even acquire per piece the larger denominations. The power of the Yuan and the ability to let it appreciate against the US dollar is still in debate and there is an impact on how this effects the little guy out there who may be thinking to own gold.
i plan to buy 600 pieces or a full box of chinese 2010 silver one ounce panda coin. i like those coins with capsules and then sealed with a plastic sheet. 30 pieces in a sheet. that is perfect. i love it. krispy. what is your advise on this?. i hope american eagle will follow the chinese panda way. coin with capsule and sealed with a plastic sheet. that's mean people cannot open it up and choose what they need. have them slab and then return all those unwanted one.
I use to have a few silver Chinese Pandas and some 1/10 oz and 1/20 oz size gold Chinese Pandas but I ended up losing them to a '70's silver art bar "addiction". :smile
prices for chinese silver one ounce twin pandas: 2010 - $26.69 2009 - $42.99 2009 - $44.99 - 30th anniversary 2008 - $49.99 2007 - $39.99 2006 - $39.99 2005 - $39.99 2004 - $49.99
I kindly disagree. 35 years from now, the Panda's might be what saves a person and helps with interests of safe passage. There was an expression in the 1770's - "The British are coming." In the 1970's, the waling was more like - "The Russians" are coming. Before 2050, it will be "The Chinese are here." Chinese ingots might become even more valuable in the future. That is where I would be if it were possible. I have only gifted out one gold 1/10 oz. Panda. I do not currently own any. Like others responding to this thread, I am attracted to the metals and bullion coming out of Mexico. I especially like the $50 dollar gold piece, and the 1 oz. Silver Libertads. I have a few of both. My favorite item from the Perth Mint are the Kookoburrs. As far as future surprises go, I am leaning on the U.S. nickel. Good for Elaine to have the courage to bring up the topic of Pandas. Krispy's insight to the die, might suggest that a MS65 or better Panda would be worth a premium in the future. Thanks for posting. Silver was in the $5.50 an oz. range when I started my then small and humble collection in silver. The lion's share, quantity wise is more in the $14.50 spot oz. range. Happy collecting.
If you like them, certainly. For general bullion investment, no. Buy something without such premiums that are easy to liquidate like ASE, Maples, Philharmonics and other government issued bullion. If you hope to buy Pandas for future numismatic premiums as an investment on growing interest amongst Chinese I think that's very risky, just as is investing in any numismatic item. Some think there is a huge potential future to sell Pandas to a Chinese collector or market in the future, it's impossible to say when that will be, if it will ever exist and generate such demand, or what, if any, profit could come of selling at that time.
thanks krispy for an advise. i think gold panda will sell it easier in china. but silver. i am also doubt about it. maybe they will just say it is very beautiful. that's it.
The future of precious metals ownership and sales to and in China in the future is an uncertain thing as well. While citizens are becoming more liberated in their spending habits and restrictive laws on gold/silver ownership are being lifted, encouraged to buy small quantities of PMs, doesn't mean the rules can't revert, change or new taxes be introduced. It's risky to acquire stock now for a future ideal market that may never come to exist or be too tedious and restrictive to deal with.
Based on what I've seen, the Kookaburras are the way to go. If you look at the older issues they are sold from $27 to $45 each. It is still bullion, but they seem to be sought after and have a more limited supply. Much of the designer stuff from the Perth mint is very expensive and seems to have a smaller niche of collectors.