1g Gold 2016 Pandas - where to buy in Aus?

Discussion in 'Modern Chinese Coins & Medallions' started by yennus, Mar 29, 2016.

  1. yennus

    yennus Well-Known Member Silver Stacker

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    Anyone know where I can get some 1g Gold 2016 Pandas in Australia?

    [youtube]http://www.youtube.com/watch?v=1J6O1WXt05Y[/youtube]
     
  2. Beyond

    Beyond Well-Known Member

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    99.99% local dealers never do chinese coins
     
  3. yennus

    yennus Well-Known Member Silver Stacker

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  4. Altima

    Altima Well-Known Member Silver Stacker

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    Hmm, you could try enlisting the help of our US-based stackers.
     
  5. ninteno

    ninteno Member

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    Hard to belive that the best performing bullion over the last 5 bearmarket years did not work out to find really attention in australia.
    low premium bullion seems to be the first choice
     
  6. yennus

    yennus Well-Known Member Silver Stacker

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    I think there is strong demand for Pandas in Australia - but I think there is more of a supply issue.

    Getting Pandas into Australia seems to be more difficult than regular bullion.
     
  7. Beyond

    Beyond Well-Known Member

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    i can be supply for pandabut australia market is too small thats why i wont stock in sydney

    if more members need 1g i can stock them in more sheets quantity

    i know only kjcperthbullion selling new panda all new issue after 2010
    no more profit for me kjc bought from hk greatwall company
    i bought directly from mintcan get all year of pandasany typessizes
    kjc pandas no coa with pandachina market pandas with coa
    doing bullion have to regis te r and many fees to pay
    more troubles for me cause i do not have got company in hereshipping is big prounless large order
     
  8. goldpelican

    goldpelican Administrator Staff Member

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    I've tried to source them. Almost impossible this year to do it at prices that are economically feasible.

    My understanding is that they are sold wholesale in sets from the mint with the same percentage premium across the set - whether 1g or 30g - and the smaller sizes have a *much* larger retail markup, so many distributors are either refusing to sell the smaller sizes, keeping them for their own retail needs, or passing them along at horrendous markups that are basically retail prices. So to buy 10x 1g pandas wholesale from the mint, you also need to buy 10 of every other size (3g, 8g, 15g, 30g) - some distributors are simply hanging onto the smaller sizes to get the retail markups, and only selling the 15g/30g sizes wholesale.

    Basically limited supply and market forces - distributors cashing in on the supply & demand.
     
  9. Beyond

    Beyond Well-Known Member

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    but i know US market price maybe cheaper than china now

    china only first issue or presale is cheap

    i can preorder for new pandas thats cheapafter then increase in the market

    only dealers can buy from china mint
    china mint dont have website and shop
     
  10. fltacoma

    fltacoma Member

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    The shop has about four or five sheets that came in on monday. And the prices are going down here in the states for the 1gm and 3gm. I paid $70 for the 1gm, and $135 for the 3gm. If there was a way to ship to Australia with registered mail (FedEx is expensive and us post office won't do it) then we would love to ship to our neighbors!
     
  11. JoeFromNorthCarolina

    JoeFromNorthCarolina New Member

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    Well, I'm in the states and prices have been steady here. If you want the 1 and 3 gram graded pcgs-70's, You will pay about $163 for 1 gram, And about $254 for the 3 gram... Prices will vary though
     
  12. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    Go Perth Bullion. more stock available now at lower price for omp
     
  13. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    I get in this 2016 MS70 Early release set late for this year.

    [​IMG]
     
  14. Altima

    Altima Well-Known Member Silver Stacker

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  15. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    any saving if USA buyers buy from USA and Perth bullion after taking into all costs?
     
  16. milkyspot

    milkyspot Member

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  17. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Any updates on sourcing the 1g and 3g gold pandas in Australia?

    I bought from Perth Bullion in the past but I have had issues with them and I am looking for alternative sources.
     
  18. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    Buy direct from Hong Kong or china
     

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