Hi, I'm new to this forum as well as a noob in coin collection. I need some advise on a 1990 Graded Ms68 that I have. I can't upload any photos (probably I'm too new in this forum) but I'll paste a link at the end of the post. I bought this piece about a year back for near to S$180 but I heard that value have dropped more than 50%. I thought that Pandas are quite spot resistance except for recent ones? Can anyone advise me on this? Thanx! https://www.facebook.com/media/set/...0685154.117747.426598034021062&type=3&theater
Hi welcome to the forum, if you are willing to sell for $90 i would oblige and buy it off you cheers Greg
Thanx for the offer but I got no intention to sell at a loss for the moment. But I would like to know the reason for the drop in price.
I don't know what the market for them was when ever you bought it but PandaStats shows the highest price as far back as 07/11 being less than that, did you over pay for it? Average Price: $101.71 Highest Price: $162.5 Lowest Price: $73.05
S$180 = ~$140 USD (using FX 1.2635 SGD/USD) So maybe he paid the highest price over the past year or two. Just because Panda is spot resistant doesn't mean that it is not affected by other factors such as market demand and supply
ebay is the best reference for current value when buy/selling Pandas... http://www.ebay.com/sch/i.html?_nkw...ct=&LH_SALE_CURRENCY=0&_sop=12&_dmd=1&_ipg=50
Ebay is not really a good place to check. Asking price & actual market value is different. But I understand there's a place in ebay to check for those "Sold" items is it?
If you look at all the listings carefully, it shows the going price of a Ms68 panda is around USD 70- 85.
I was initially using my iPhone to view so can't see the link properly. But now I do. Thanks. But my question is still hanging in the air. What happen to the coin?
http://www.ngccoin.com/poplookup/CensusDetail.aspx?PrintOrder=39933&IDCoins=408152 (1) Of the 760 graded, more than 60% is MS69 or better. Your is MS68, the balance 40% that lower grade (2) You paid top tick for it, as mentioned by Catseye.
Supply and demand Anlok, Supply and demand......... But also try to buy the best coin you can afford, whether that be MS68,69 or 70.