chinese silver pandas

Discussion in 'Bullion Investing' started by oobaa47, Nov 4, 2017.

  1. oobaa47

    oobaa47 New Member

    Hey guys, I noticed that the pandas have an insane mark up. Something to the effect of $5 and up above spot. Do they retain their value, meaning can they typically be sold back for above spot? Or are there other factors at play which attribute to such a high mark up (ie, limited print, exporting fees from china, etc etc)?
    Keyless Chuck likes this.
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  3. abuckmaster147

    abuckmaster147 Well-Known Member

    Well lets see, Provident's price for a 2017 cash is $24.50 with a shown buy back price of 20.71 Well above spot.
  4. FBLfinder

    FBLfinder Active Member

    There are some that have varieties and there are some rare low mintage sets.

    This one will sell for $75-150 on ebay. Or try the super low mint gold. This is at 5000
    This will sell for upwards of of $300 so double spot price.

    I was told by my LCS that they are on the grey sheets and the older dates tend to price higher than spot and whatever premiums.
    stoster38 and SilverSurfer415 like this.
  5. Deadline

    Deadline Active Member

    They do hold their value well but they one of the most counterfeited coins out there. Only buy them from a well respected dealer.
  6. TheFinn

    TheFinn Well-Known Member

    The silver and gold pandas issued in 2016 and after are not an ounce. They are 30 grams, rather than the 31.1 grams of a troy ounce.
    FBLfinder likes this.
  7. TheFinn

    TheFinn Well-Known Member

    The top silver one is not a coin, but a medal, so the collecting base is a bit narrower.
  8. oobaa47

    oobaa47 New Member

    interesting, thanks guys....I think I'll hold off and see if anyone puts them on sale......from one animal to another; provident has Australian 'roos on sale til midnight, might pick up a few of them....thx
    SilverSurfer415 likes this.
  9. Sallent

    Sallent Supporter! Supporter

    Those and the lunar series sell for crazy prices. I've seen a 2 ounce Lunar series coin that sells for $1000, an impressive $500 an ounce. Whether that will continue indefinitely, or they'll crash when collector interest inevitably focuses somewhere else, remains to be seen. But right now that's definitely the only reliable way to make profit in silver, buy Chinese coins early each year, hold, and re-sell a year or two later for 50% or more profit to the bullion dealer you got it from, or even higher profits on eBay.

    I would do that except I don't really like bullion coins. The idea of spending a year or two trying to baby a coin from toning (and not being able to touch it), and sending it to a TPG for grading, is not my cup of tea as an ancients collector.
  10. asheland

    asheland The Silver Lion

    Some of the older Panda coins go well above $100 for an ounce of silver.
  11. tracy5900

    tracy5900 Coin Hoarder

    China silver panda is one of the best coin and design so far. It came with capsule to protect the coin. It is a proof like coin. The problem right now is so many fake one. And the mintage go skyrocket to 10,000,000.
    As I observed. 2017 is a bad year for bullion producers. See american eagle and australia Perth mint. The sales is down so much. I think 2017 China silver panda sales figure might only be around 3,000,000 to 4,000,000 area.
  12. Tater

    Tater Coin Collector

    That is still a high mintage for the series.
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER" Supporter

    I have one silver panda among several other 1 OZ silver coins, they are cool
    But from an investment strategy stand point not sure if there even close to the
    Top, you always one to get silver coins as close to spot as possible, with the high
    Premiums you have to pay for the recouping the premium maybe on the difficult
    side just my two cents.
  14. medoraman

    medoraman Supporter! Supporter

    I agree. Silver pandas are my answer to someone asking me what would I recommend as a "bullion" coin with highest chance of going up. They really are only semi-bullion, with built in numismatic demand, more so than any other coin that initially sells based upon bullion.
  15. oobaa47

    oobaa47 New Member

    Hi guys, sorry for the "thread hijack" but I did start this thread, so it's only a partial hijack!! ;) Is a 300,000 mintage considered low? The 2018 koala's are on preorder and they have a 300,000 mintage. Not a fan of paying 3.69 over spot, but like panda's, the older versions seem to rise in value. And the buyback on provident is $2.00 above spot. What do you think? Are the koala's "semi-bullion" along the lines of the panda's? thx
    Tater likes this.
  16. medoraman

    medoraman Supporter! Supporter

    I would say the koalas are less desirable in this way than the pandas. I have bought many older koalas over the years with no premium, so I do not think the market is as strong for the pandas. Just my opinion.
  17. Tater

    Tater Coin Collector

    There are some kooks that are more than billion and could be a good play. I’d buy them over the koalas. Look at the kiwi it can be a good one. The thing that you need to remember is that there is a tremendous shift in wealth to a incredibly large population in China. At times that has created an incredible demand on the pandas as they want to bring them back home. Just look at what the master sets have done to the gold panda. I think one day that will happen on the silver panda as it will be a cheaper alternative.
  18. myownprivy

    myownprivy Active Member

    Apostrophes are not used to make a word plural.
    FBLfinder likes this.
  19. tracy5900

    tracy5900 Coin Hoarder

    Which 30 gram chinese silver panda design dated from 2016 to 2018 is the most beautiful coin?.
  20. Tater

    Tater Coin Collector

    I'm kinda of digging the 2018.
  21. tracy5900

    tracy5900 Coin Hoarder

    Yes, 2018 China silver panda looks unique. I also like 2010, 2013 and 2017. 2013 with three pandas.
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