1 gram panda

Discussion in 'Gold Coins' started by copperhead, Oct 8, 2016.

  1. copperhead

    copperhead Active Member

    Joined:
    Feb 10, 2014
    Messages:
    405
    Likes Received:
    60
    Trophy Points:
    28
    Wile gold might be on a down turn & that seems to be what causes purchasing interest (for me )
    It's NOT imposable that one day any under $2000 per ounce price may be " those were the days "

    So can any one help inspire me that a 1 gram panda is a good investment
    the gold weight will have to go $2000 per ounce to just get value back .
    Will a gold panda at 1 gram ever have the mystique of Panda's in general
     
  2. JNS

    JNS Active Member Silver Stacker

    Joined:
    Oct 8, 2015
    Messages:
    500
    Likes Received:
    133
    Trophy Points:
    43
    Location:
    Traveller, Lives in hotel
    Why not, as long as the price is decent, i do collect some 1 or 2 gram gold novelties. Panda 1g can achieve that realization.
     
  3. copperhead

    copperhead Active Member

    Joined:
    Feb 10, 2014
    Messages:
    405
    Likes Received:
    60
    Trophy Points:
    28
    1 Gram Valcambi Gold Bar (New w/ Assay)
    $49.49

    2016 1 Gram Chinese Gold Panda Coin (BU)
    $71.48
    -----------------------
    brass tax of situation
    $1092 per year extra for little panda's
    based on once a week purchase
     
  4. JNS

    JNS Active Member Silver Stacker

    Joined:
    Oct 8, 2015
    Messages:
    500
    Likes Received:
    133
    Trophy Points:
    43
    Location:
    Traveller, Lives in hotel
    I was thinking to ask. My local dealer in my country is selling for 75usd BU. Last week i was in Turkey and 1 gram bar in assay card (Nadir) fetch at 42 usd in local bullion store. Quite big difference which i can buy 2 gram at all
     
  5. copperhead

    copperhead Active Member

    Joined:
    Feb 10, 2014
    Messages:
    405
    Likes Received:
    60
    Trophy Points:
    28
    I guess it's the age old debate gold purchase for shear weight or gold for coin intrinsic value , the real bottom line is the pay you get . Cause if we have 1 gram or 1 ounce of gold scrap , the pay is the same .

    I assume to those of us that buy the fancy coins and pay more some day some body will win , Just not sure it's in our life time


    here is an example

    1 Kilo Elemetal Gold Bar
    $40,779.98

    2016 1 Kilo Proof Chinese Gold Panda Coin
    $61,846.64

    Using this as a mathematical foundation even stacker's like us want our stack to grow to this level even 1 ounce at a time . So I see for me I want the most I can get
    weight for dollar
    I wont buy the Panda ,
    But thats just me .
     
  6. mike titanic

    mike titanic New Member

    Joined:
    Jan 12, 2012
    Messages:
    183
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    USA
    I asked this question in a handful of forums in the us.Why buy a 1gm panda for almost a 100% premium?The coin has a melt value of about $39.00.The answer I got about the 2016 coin was that this is the first year of issue.The 2017 went on presale from many dealers @$54us.I bought 2 for the heck of it.Many ebay listings are for $75 or more so maybe I'll sell them.
     
    Silverbullet82 likes this.
  7. SilverSovSaver

    SilverSovSaver New Member

    Joined:
    Nov 27, 2016
    Messages:
    1
    Likes Received:
    0
    Trophy Points:
    0
    I suppose it depends on your end plan..., if you intend to "flip", the panda over a short period of time, rather than hold onto it to help "preserve wealth".., then surely the extra premium you paid on it initially, you will then claim it back when you sell it on...???
     
  8. Golden

    Golden Member

    Joined:
    Aug 12, 2010
    Messages:
    334
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    EU
    You don't buy pandas in order to sell them for gold/silver value only, if that is your plan, there are many other options out there.
     
    Silverbullet82 likes this.

Share This Page