so..if i lived in China, how much would I pay for pandas

Discussion in 'Modern Chinese Coins & Medallions' started by luberhill, Apr 1, 2012.

  1. luberhill

    luberhill New Member

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    I have heard that people in China can buy pandas at the bank, what would they cost in US dollars ???
     
    luberhill, Apr 1, 2012
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  2. ph03n1x

    ph03n1x New Member

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    2012 Panda offer by the bank costs 9,700 CNY for a sheet of 30. the price is actually pretty high. Of course you can get better price by going to the dealers. But then, the fakes is always of concern here.
     
    ph03n1x, Apr 1, 2012
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  3. luberhill

    luberhill New Member

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    so..what would that be each in US dollars ?
     
    luberhill, Apr 1, 2012
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  4. Thor122

    Thor122 New Member

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    Its 51,30 uss each coin. Ask maggie in the subforum. SHe have it for 42 au each. The postage for 9/10 coins is 27 au and for more to 20 coins is 41. Confirm the shipping with her. But i think is more cheap send to china than argentina.
    :)
     
    Thor122, Apr 1, 2012
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  5. Lim

    Lim New Member

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    Maggie panda arriving on Tuesday .. Yippee
     
    Lim, Apr 1, 2012
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  6. ph03n1x

    ph03n1x New Member

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    According to xe.com that's about about 1540 USD. So about 51.33 USD each. But from what I know, the banks do not sell them by the pieces. They sell In sheets only.


    Oh yeah, I already ordered from Maggie a while back. I can order from APMEX directly too, but too lazy to setup the bank wire. So Maggie saves the day.
     
    ph03n1x, Apr 1, 2012
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  7. luberhill

    luberhill New Member

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    how does anyone know thats the price at the bank in China ?
     
    luberhill, Apr 1, 2012
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  8. ph03n1x

    ph03n1x New Member

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    The price I posted was the price bank was asking in Beijing on the day of release. I had people go to the bank in China and get the price for me.

    Also, in China, for Pandas, it's always more expensive at the bank than say from dealers.
     
    ph03n1x, Apr 1, 2012
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  9. Zomby

    Zomby New Member

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    A gold and silver dealer in Pudong Shanghai is selling 2012 Panda 1oz for 460RMB or USD73, Maggie is definitely a better deal
     
    Zomby, Apr 2, 2012
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  10. yennus

    yennus Well-Known Member Silver Stacker

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    It is a blessing to get Pandas for less in Australia than in China! :)
     
    yennus, Apr 2, 2012
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  11. Thor122

    Thor122 New Member

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    And is a good thing have people like you and maggie to spread the pandamania.
    :)
     
    Thor122, Apr 2, 2012
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