Does the milk spots devalue the coin? I mean will they still sell at the high premiums in the future?
You make flipping sound so easy! Maybe it's easier in the US but here, not so much! it's quite hard really to make any flipping. I've always been tempted to sell on ebay but I'm constantly discouraged by all the requirements, paypal, credit card and all that crap... (fees, taxes, shipping)
The panda will be worth more. Milk spots form during the annealing process. The coins are baked and cooled to prevent brittleness. Sometimes a fluid (borax?) is left over during the proccess and it gets baked in. Milk spots just don't form over time and they don't grow or get smaller either
If I knew , I'd want $10k to let you in on the secret Honestly one of the dumbest questions , but lots of people ask it You sound more like a flipper than a stacker Good luck
o I see... Yeah i'm in the usa. For me ebay charges no fees whatsoever. I only have to pay for shipping. There's no listing fees, taxes, or anything. I'm paid through my paypal account. Maybe it's due to the lack of restriction is why it's so easy for me. Because for me I can sell anything apmex has listed for cheaper to anyone on ebay simply by getting it from jmbullion. I just haven't did international shipping yet because I would lose profit through the shipping charges unless I put the cost on the buyer.
Yeah I started off stacking but I had no money because I was a teen so the only thing I could do was have my dad sell my things on ebay & collect the small profit which allowed me to rebuy things & I did this overtime. The profit aren't huge maybe $1-3 dollars off a 1oz coin.
If those are your two choices, I would mostly go with the Pandas for silver. But as others posted, those would not be my choices. AGEs for gold.
For the area you are considering, there aren't any good choices right now, because the premiums on the newer coins are too high when compared to the spot price of silver. When I bought my lunar tigers in 2010, the premium I paid was less than $4. Now silver is about the same price and they want a $15 premium for the lunar horses. Pandas are too numerous and there are too many fakes around for them gain a good premium. Yennus will jump and tell you that there are x number of Chinese. But those Chinese haven't been buying the Pandas and there is no reason to think they will. The Canadian coins have the milkspot reputation and that is harming their values. Unless privacy is a concern, I would also eliminate the ASEs as the premium is too high for a bullion coin with no special features. I sold my ASEs this summer when silver went back to $22. If I was buying silver right now, I would look for the following: 90% silver at a very low premium. 1 oz rounds and bars at a very low premium (minted by a popular mint). semi numismatic or numismatic coins. My 2010 tigers are holding up very well and the 2008 mice I got by swapping a mint box of ASEs have increased in value. If I had more time, I would gain the expertise to buy some numismatic coins, but I don't have the time. In 2010, my strategy was the same as yours. Now the premiums have changed and so has my strategy. Good luck.
