2012 World Money Fair in Philly...Release of 2012 ANA Silver Panda

Discussion in 'Modern Chinese Coins & Medallions' started by silverbulldog, Jul 31, 2012.

  1. silverstar1

    silverstar1 New Member

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    What exactly is this report? sounds very interesting but way out of my league ( I dont speak or read Chinese).
     
  2. low

    low New Member

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    This is example of Shanghai Mint annual report.

    http://item.taobao.com/item.htm?id=14732128557
     
  3. Jandj2005

    Jandj2005 New Member

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    PF70 keeps going down on ebay. I won one for $198. Is that a good buy?
     
  4. silverfever

    silverfever New Member

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    This medal in a 69 could be breaking the $100 barrier soon. It has gone as low as $103.00

    I thought i was getting a good deal when i got my 69 in the $130s. :(
     
  5. low

    low New Member

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    No worries. When you hear Panda America hypes up the coin show in 2013 and selling yet another official panda medal, sell your 2012 medal if you don't plan on holding it.

    I am confident in their marketing hoo-haa, so you will be fine.

    Perhaps you may even regret for not buying more at current price when they fire up their marketing machine.
     
  6. fishball

    fishball New Member Silver Stacker

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    I'm not... if they were THAT good this medal would be @ $200+ not ~$100 in PF69.

    I and many others probably buy MC medals/coins based on the following criterion (or some of them):
    - Mintage
    - Design
    - Wow factor
    - Issue Price
    - Cultural significance

    Marketing is very very very very low on my list of stuff to consider when buying coins. In fact, it probably gives me a negative signal if I get bombarded with marketing material.

    YMMV.
     
  7. low

    low New Member

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    They are in the business of selling the coin show, and the panda medal as a byproduct. Just look at the hype they created during the coin show and they are done with that now.

    Hence the price gone down to ~$100.

    But so many were buying when they hoo-haa about the first official medal in 15 years. People don't say, let's wait until the hoo-haa is over. They play the greed and fear factor and they win, both the coin show and the medal business. Who care what the current price is? Certainly not Panda America.

    Come 2013, it is another fresh start.

    Marketing comes in many form, some direct, some indirect. Just ask, how many people buy based on the LBC investment list? Isn't LBC investment list one kind of marketing material, and a reasonably influencing one?
     
  8. silverbulldog

    silverbulldog New Member

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    even though i purchased a 1 oz and 5 oz at the show i decided if the prices come down from the release price in PF-69 i would buy more.

    I have been watching these for the past few weeks and i waited until there were like 6-7 in PF-69 being sold at the same time. I purchased one for $113- with free shipping.

    Any of these that i can buy under $115 i will continue to do. I really like the design and worst case i hold on to them and they appreciate over the next 10 years. Best case after the market absorbs the 10,000 then the price goes up and i unload a couple of them.

    I guess i could also give one to each of my brothers and my Dad.
     
  9. Austacker

    Austacker Active Member

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    Couldn't agree more. Sounds an awful lot like PM Marketing and we all know where that is heading ATM...
     
  10. Thor122

    Thor122 New Member

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    I think when mcm finished with the flood. The prices in a few years go for more than 200 in pf69. But i think now are better examples to buy for cheap in ms69 with more earnings potential. But i need one for my collection. And dont like to saw the same happen with the singapore if i pay the release price plus grading fees.
     
  11. Thor122

    Thor122 New Member

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    I buy today a pf69 for 106.
    Now i have two one pf70 and one pf69
    One of each for my two daughters.
     
  12. Reggie Perrin

    Reggie Perrin New Member

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    ^ Congrats Thor122, I also picked one up for 111.

    For those who bought at a higher price, I'm sure once this glut of coins has been pushed out prices will increase again... it's a nice looking medal.
     

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