1/4oz Gold Pandas, potential?

Discussion in 'Modern Chinese Coins & Medallions' started by fishball, Sep 11, 2011.

  1. fishball

    fishball New Member Silver Stacker

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    Fellow panda stackers,

    It is commonly said that 1/4oz Gold pandas are less sought after than the other sizes, no idea why but that is the case.

    It is also said that 1/4oz are hence rarer than the other sizes when talking about past years and in the latest pricepedia there is discussion of particular years being super rare but prices low due to lack of demand.

    I am wondering what other people's opinion on this is.

    Some questions I have:

    1. Are these pandas good potential in your opinion?
    2. Are the 1/4oz population estimates (< 10% of actual mintage sometimes) accurate?
    3. Would you consider it a good buy if under 50% over spot?
     
    fishball, Sep 11, 2011
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  2. yennus

    yennus Well-Known Member Silver Stacker

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    1. Absolutely. I'm collecting as many older fractionals that I can. But it's hard when I'm also going for 1oz Silver and 5oz Silver Pandas too :)

    2. I believe that they are even rarer than that once you include the number of red-spotted ones, and those that have been abused (fingered, scratched, turned into jewelry, etc).

    3. Depends on the year. Paying a large premium for a fractional is not a problem, but finding the coin you want for sale often is. E.g. It doesn't matter how much i offer for a certain year Panda, they just won't sell the coin individually - they normally only sell as part of a tao (collection).
     
    yennus, Sep 11, 2011
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  3. Chillidog

    Chillidog New Member Silver Stacker

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    While I have a few 1/10
    1/4 is the smallest size to see the bears in any detail.
    I would get them if close to 50% above spot.
     
    Chillidog, Sep 11, 2011
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  4. Elemental

    Elemental Active Member Silver Stacker

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    I've had the 2010 1/4oz for sale at $560 shipped and have got no interest or offers. Maybe I'm off the mark with the price but it's cheaper than buying a 1/4oz unlimited mintage lunar from the mint and still no interest.

    What's the current Panda Priceapedia on these? Might have to auction it off instead.
     
    Elemental, Sep 11, 2011
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  5. fishball

    fishball New Member Silver Stacker

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    $515-$550 US.
     
    fishball, Sep 11, 2011
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  6. Elemental

    Elemental Active Member Silver Stacker

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    That's probably why no ones buying then.

    I'll just hold on to it. Don't really need to sell, I've got a couple and was going to diversify - maybe get a 5oz proof or something.

    Thanks for that Fishball
     
    Elemental, Sep 11, 2011
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  7. yennus

    yennus Well-Known Member Silver Stacker

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    Yeah, the 2010 1/4oz Gold Pandas are in that funny stage, not quite bullion, not quite numismatic.

    But they are sold out among the majority of dealers in Shanghai.
     
    yennus, Sep 11, 2011
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  8. bankaiblade

    bankaiblade Member

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    I'm happy with my 1992 1/4 oz gold panda :)
     
    bankaiblade, Sep 11, 2011
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  9. Lunarowl

    Lunarowl Active Member Silver Stacker

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    Just wondering, is 1/4 is less popular because 4 is an unlucky number for chinese? You know the superstition..
     
    Lunarowl, Sep 11, 2011
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  10. fishball

    fishball New Member Silver Stacker

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    Good question...interested in this myself.

    I think the Chinese would use Tael (1.2 troy oz) more than Troy Oz as a measurement though so 1/4oz is really 0.2083333* Tael :p
     
    fishball, Sep 11, 2011
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  11. enzedda

    enzedda Member

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    Maybe only if you're chinese! something to do with the word four sounding similar to death?
     
    enzedda, Sep 12, 2011
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