Hey there people, I'm planning to start a 1/2oz panda collection. Was just wondering a) Should I start from the cheaper variety first or the more expensive variety? b) Graded or OMP? Why? b) In which order should I start first in your opinion? Thanks a bunch!
Just my thoughts: a) Get the rarer (and/or more popular) varieties first, because these are more likely to appreciate first. b) Get graded first, otherwise when you send them to NGC in the future, when they come back, you might be disappointed. c) I would recommend the following order: 1995SD 1998 1995LD 1994 1993 1997 1996 But I usually place priority on price before the order of purchase.
Hmm, thanks again Yennus! What if I'm on a budget? Is it better to go for MS67 or MS68 grades or OMP only?
Prices have appreciated a lot on many of these since I made my first purchases of them earlier in the year. The 1994, 1995 and 1998 especially, from what I have seen. I'd simply buy what is available to you at the time in the condition you want at a price you're willing to pay, whether it be OMP or MSXX. If you're buying the coins for YOU, buy what makes YOU happy. Not all of these will always be available at a good price, that's why I wouldn't worry so much about the order in which you purchase them. You're only talking about 11 coins if you include the colored and HK Expos, so it's a very quick collection to put together when compared to other issues. Most of these, I believe, have mintages of 30,000 or less, so even the seemingly hated MS67 and MS68 will likely have value in the future.
Especially if you're on a budget, get the best coins you can get, at the best price you can afford. It's definitely less risky investing in a MS69 than investing in a MS68 or lower. I do invest in some lower grade (MS68s) rarer Pandas, but I don't recommend this for the newer Panda investors.
I have been thinking alot about the 1/2 silver pandas , what do you guys think of the future of these ?? They seem to be somewhat overlooked but gaining popularity , they also seem very mysterious as for their actual mintages and varieties. The 1995 sm date and the 1998 (regular edition ) seem especially hard to find and/or getting very expensive. I would love to hear others thoughts on these.
MS69 and MS70 1/2oz 1995SD&LD Pandas are hot. I honestly can't get enough of these graded and off to the market quick enough. I think they have room to appreciate in price. Consider that they were only a few dollars a couple of years ago, now the MS70s are selling over $1000. Give them another year or two, and I reckon the MS69s will be selling for a few hundred dollars (currently around $150).
Sounds like you Have a boatload of these to get rid of , I would be happy to take some off your hands!
I have 96 and 97 going to NGC in a day or 2 (a 10ct sheet of each) if anyone is interested ..............pm me
Any thoughts on the 1997 and 1998 HK Expos for the 1/2oz pandas? Undervalued? Anyone with an extra COA for the 1997 HK Expo 1/2oz panda, please PM me
I think Badon, Tamo and many others on CCF have been bullish on the 1/2 for a while now. The set has been viewed as undervalued, and prices are creeping up. I think Badon and Tamo had a write-up about the 1/2 on LiveBusinessChat.com, just not sure which investment list it was included in. But the 1/2 are still in Badon's "Choices" list.
To be fair, Mr. Peter Anthony talked about this series in his pricepedia even earlier. There are tons of gems in pricepedia as far as panda coins is concerned.
Alright Still looking for 1993, 1995 SD & LD, 1997 HK Expo and 1998 to complete my collection. PM me if you have Open for trades with my American Silver Eagles.
