Hi, previously posted in the Gold Coins section but no response. Maybe should post her Can anyone advise me what's the market price for this beautiful coin? Considering buying but don't want to overpay.
Here is a link to a bunch of them. Actual completed sales. http://www.ebay.com/sch/i.html?_nkw...ct=&LH_SALE_CURRENCY=0&_sop=10&_dmd=1&_ipg=50
Just found this price list on PCGS website. Price is only about 400. http://www.pcgs.com/prices/PriceGuideDetail.aspx?MS=1&PR=1&tabs=no&c=3789&title=10+Yuan Is the list accurate? And how do they arrive at this price? Any advise? Mintage of this 1/10oz Gold is 77,598pcs & MS69 (Highest Grade Given) is at 58pcs only. Is it worthwhile to get this given the price is at 550 average on eBay?
Hi, i think the 1982 gold Pandas are very popular, given the inaugural year and famous for being medals instead. One thing, like you observed, not many 69s and hard to obtain, ive submitted 3 but none came back a 69. I think PCGS's guide is a little low, maybe $450-$500 would be a fair price.
Pcgs used to be stricter and more accurate in grading hence would be worth a little more but recently ngc has stepped up on their standards, i would say not much difference.
All along I thought NGC is more popular. So given a choice, PGCS is a better buy? And is the 1982 1/10oz medal consider a key date?
Any '82 gold Panda is definitely a key date, they are considered coins not medals despite not having a yuan amount ('83 is the first year with a yuan amount), so far as I understand it. Hopefully Peter reads this and replies whether or not this is true.
The definitilon of coin include the need to have the value in the goverment currency. The 1982 is medal not coin. ;-)
I think what 25Grizzlies meant was though technically its a medal because of not having a face value, the 1982 pandas are 'treated' and 'thought of' as panda 'coins' as the rest of the series.
I may be planting my foot squarely in my mouth here but this is my take on the '82 issues: If someone asks you what the first coin of the series is do you reply "the '83"?? My guess is probably not. Just my opinion but the '82 is the medal that isn't one. Only the most pedantic considers the '83 the first 'coin' of the series, although technically it is.
So technically it's a medal but is commonly called a "coin" cos of the series. Funny thing is, why they mint the 82 as a medal & the series that follow as coins?