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Chinese Gold Pandas - To Grade or Not to Grade
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<p>[QUOTE="StevenHarden, post: 1918086, member: 67639"]Hello All,</p><p><br /></p><p>It's been a little while since I last posted on this site. I've been organizing things and looked into some older Chinese Gold Pandas that were collected several years ago. The majority of these are still in the original government plastic, while others are out of plastic but still preserved very well. These include items from 1/10 of an ounce to 1 ounce pieces from 1982 to 2007. I have sorted these by date, by size, by variety (if any), and by condition (basically either spotless or with minor red spots). Basically I would like to know whether it is worth it or not to grade (through NGC) all or some of these coins. </p><p><br /></p><p>The item I am most interested in is a 1982 1 ounce gold panda which is effectively PERFECT. This coin is still sealed within the original plastic, except for a tiny cut on a corner of the plastic which might have actually saved it from PVC damage over time. Looking over the entire surface on the obverse and reverse I cannot detect even a hint of a red spot developing. I have seen people paying anywhere from 2,750 to 3,000 each for these as MS68 or sealed. Then I have seen people paying 5,000+ for MS69 graded pieces. The NGC price guide shows an MS69 price of 8,500. Does anyone know what these are retailing for right now??? NOTE: The coin in question may appear perfect on the surfaces, but there are two TINY TINY rim nicks on the VERY EDGE of the coin. I am not sure how picky NGC is on the grading of these. Any comments on whether or not I should sent this in would be greatly appreciated. Is it worth removing from the original plastic? Or will NGC numerically grade it with the two SUPER TINY rim nicks?</p><p><br /></p><p>On a quick side note: Another NGC grading question.......Does anyone know how NGC grades Chinese Gold Pandas if they have red spots? Small to large, how do they vary their grading according to the obvious pinpoint red spots on a coin?</p><p><br /></p><p>I have many other Chinese Gold Panda coins, too numerous to list here in this initial post that I question whether or not they should be graded. Hopefully I will get a good response from this, and if necessary I can list the other items I have along with their size, varieties, conditions, etc.</p><p><br /></p><p>Thank you all in advance for you consideration on this topic. I do not see much on here about Chinese Gold Pandas, so I hope this will spark an interest in perhaps a more prolonged discussion on the series.</p><p><br /></p><p>-----Steven[/QUOTE]</p><p><br /></p>
[QUOTE="StevenHarden, post: 1918086, member: 67639"]Hello All, It's been a little while since I last posted on this site. I've been organizing things and looked into some older Chinese Gold Pandas that were collected several years ago. The majority of these are still in the original government plastic, while others are out of plastic but still preserved very well. These include items from 1/10 of an ounce to 1 ounce pieces from 1982 to 2007. I have sorted these by date, by size, by variety (if any), and by condition (basically either spotless or with minor red spots). Basically I would like to know whether it is worth it or not to grade (through NGC) all or some of these coins. The item I am most interested in is a 1982 1 ounce gold panda which is effectively PERFECT. This coin is still sealed within the original plastic, except for a tiny cut on a corner of the plastic which might have actually saved it from PVC damage over time. Looking over the entire surface on the obverse and reverse I cannot detect even a hint of a red spot developing. I have seen people paying anywhere from 2,750 to 3,000 each for these as MS68 or sealed. Then I have seen people paying 5,000+ for MS69 graded pieces. The NGC price guide shows an MS69 price of 8,500. Does anyone know what these are retailing for right now??? NOTE: The coin in question may appear perfect on the surfaces, but there are two TINY TINY rim nicks on the VERY EDGE of the coin. I am not sure how picky NGC is on the grading of these. Any comments on whether or not I should sent this in would be greatly appreciated. Is it worth removing from the original plastic? Or will NGC numerically grade it with the two SUPER TINY rim nicks? On a quick side note: Another NGC grading question.......Does anyone know how NGC grades Chinese Gold Pandas if they have red spots? Small to large, how do they vary their grading according to the obvious pinpoint red spots on a coin? I have many other Chinese Gold Panda coins, too numerous to list here in this initial post that I question whether or not they should be graded. Hopefully I will get a good response from this, and if necessary I can list the other items I have along with their size, varieties, conditions, etc. Thank you all in advance for you consideration on this topic. I do not see much on here about Chinese Gold Pandas, so I hope this will spark an interest in perhaps a more prolonged discussion on the series. -----Steven[/QUOTE]
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Chinese Gold Pandas - To Grade or Not to Grade
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