Panda pricing in china?

Discussion in 'Modern Chinese Coins & Medallions' started by silverzman, Jun 16, 2013.

  1. silverzman

    silverzman Active Member Silver Stacker

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    Hey guys,

    I have asked a few relatives in china to see what the costs of the current years panda is.

    They have been quoted over 300 yuan which makes ebay look cheap :D

    Are they asking at the wrong places? What is the price from the mints?
     
    silverzman, Jun 16, 2013
    #1
  2. Justfishin

    Justfishin New Member

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    $6.00/oz over spot is a good price in North America
     
    Justfishin, Jun 16, 2013
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  3. silverzman

    silverzman Active Member Silver Stacker

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    300Y - is about $50 so yeah a good deal over spot.
     
    silverzman, Jun 16, 2013
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  4. yennus

    yennus Well-Known Member Silver Stacker

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    Yep, recent Pandas are often more expensive in China, often due to the local tax on silver.

    Yep, some Pandas are often cheaper overseas than within China.
     
    yennus, Jun 16, 2013
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  5. silverzman

    silverzman Active Member Silver Stacker

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    Thanks yennus!

    Do you by any chance know what the tax % is?
     
    silverzman, Jun 16, 2013
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  6. yennus

    yennus Well-Known Member Silver Stacker

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    About 17% i think.
     
    yennus, Jun 17, 2013
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  7. Mi lao shu

    Mi lao shu Member

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    On Saturday i bur y 1 oz current year for present and i paid it 200rmb.
     
    Mi lao shu, Jun 18, 2013
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  8. chrissilver

    chrissilver Member Silver Stacker

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    That price is ridiculous. even with the 20% VAT in the UK it's cheaper to buy here.
     
    chrissilver, Jun 18, 2013
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  9. chrissilver

    chrissilver Member Silver Stacker

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    This is a more reasonable price. This is the price they should be. Where did you buy from? There are a lot of fake Pandas in China, I would be scared if I was buying there.
     
    chrissilver, Jun 18, 2013
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  10. Mi lao shu

    Mi lao shu Member

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    CGC shop chain,they have there shops in every major city, if u r VIP u can get 5-10% discount.
     
    Mi lao shu, Jun 19, 2013
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  11. chrissilver

    chrissilver Member Silver Stacker

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    Hi Mi lao shu,

    I am going to be in China in around a months time, if I could get some cheap I would have done. But it seems the price is slightly more expensive in China than it is in Europe.
     
    chrissilver, Jun 19, 2013
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  12. yennus

    yennus Well-Known Member Silver Stacker

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    Demand vs Supply...

    Higher Demand with Lower Supply = Higher Prices
     
    yennus, Jun 19, 2013
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  13. Pandacollector

    Pandacollector Active Member

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    I'm hearing 160 RMB for 1 oz. silver Pandas in China today.

    Best wishes,
    Peter Anthony
    China Pricepedia
    www.pandacollector.com
     
    Pandacollector, Jun 26, 2013
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  14. yennus

    yennus Well-Known Member Silver Stacker

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    150RMB at the usual US Dealers today :)
     
    yennus, Jun 27, 2013
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  15. Thor122

    Thor122 New Member

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    24 uss nice price
    ;-)
     
    Thor122, Jun 27, 2013
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  16. clubman

    clubman Member

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    RMB$162 was lowest I saw yesterday.
     
    clubman, Jun 27, 2013
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  17. silverzman

    silverzman Active Member Silver Stacker

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    What is the normal $ over spot?
     
    silverzman, Jun 27, 2013
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  18. silverzman

    silverzman Active Member Silver Stacker

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    yennus can you get me some at that price? :D
     
    silverzman, Jun 27, 2013
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  19. yennus

    yennus Well-Known Member Silver Stacker

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    Nope...unfortunately I'm not in the US at the moment, best I can do is about $30AUD each.
     
    yennus, Jun 27, 2013
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