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Why are pandas going for such a high premium?
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<p>[QUOTE="Tater, post: 5363404, member: 9717"]Some of the mintages in the mid 90's were only estimated to be around 100K on the panda. I'd look it up in Peter's book but I'm not around it to look. In the mid 2000's with the world's wealth beginning to transfer from the west to places like China their is several native Chinese that want to own some of their coins as they originally were never released at home and all abroad. I think the panda glory days have come and gone but they are great coins to own and enjoy. I do think they have more upside than most of the other worlds mint releases. Now it is speculated if the chinese economy ever picks back up than their would be more demand for these coins as the middle class in china would want to build master sets of 1 oz silver coins because they will not be able to afford the gold bears.[/QUOTE]</p><p><br /></p>
[QUOTE="Tater, post: 5363404, member: 9717"]Some of the mintages in the mid 90's were only estimated to be around 100K on the panda. I'd look it up in Peter's book but I'm not around it to look. In the mid 2000's with the world's wealth beginning to transfer from the west to places like China their is several native Chinese that want to own some of their coins as they originally were never released at home and all abroad. I think the panda glory days have come and gone but they are great coins to own and enjoy. I do think they have more upside than most of the other worlds mint releases. Now it is speculated if the chinese economy ever picks back up than their would be more demand for these coins as the middle class in china would want to build master sets of 1 oz silver coins because they will not be able to afford the gold bears.[/QUOTE]
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