2015 Smithsonian Institution Baobao Silver Medal

Year Issue: 2015
Country Origin: China
Composition Type: Silver
Condition Type: Proof
Purity: 0.9990
Mint Name: China Mint
Dimensions: 40 MM

 

looks good. thanks for sharing. I think govtmint.com has rights to this series? 25K silver strike, and 5,000 high relief. thanks again.

 

Yes, the coin is available in govmint.com, but I'm not sure if the coin comes with any original wooden box.

 

I like the design for the 2oz medal, but why do the ask $700+++ on ebay ?
I belief this is way to much for a 5k mintage medal that just came out, why is it not in the shop at govmint.com
I really hope this medal will get cheaper than this, what do you think is a right price for the PF70 2 oz medal?

 

I think it pays to be patient with these govmint sponsored medals (and generally panda expo medals). It may take a year at least for govmint to unload their inventory and in a few years these should be available for less than USD$200 for the 2 oz in pf 70.

The current NGC population for the 1 oz is 5233 graded, 2170 in PF69, 3063 in PF70.
The current NGC population for the 2 oz is 2440 graded, 1613 in PF69, 827 in PF70.

So neither is a rarity. I think the mintage limit for the 2 oz is 5000, so there may be a lot more out there somewhere. Maybe some will show up graded "gem proof" (like the 2014s) which might as well be labelled "caveat emptor".

 

Thanks so much for the Intel. Good stuff. I'll stay away. :lol::lol::lol:

 

Same here....the relief is way too low for my tastes anyway.



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I would like to buy it but price too high as the high mintage for panda medal.

 

Is this an official product from one of the China mints? If so it is not identified which mint produced it apart from the words "China Mint". Is it Shanghai, Shenyang, Shenzhen Guobao or Nanjing? I believe the 2014 Smithsonian Panda medals were private mint products. Is the 2015 medal also a private mint products? Thanks for clarification.

 

Issued by China Great Wall Coins Investment Limited, minted by Shenzhen Guobao Mint.

 

look similar like Panda 2005 design

 

\
same father but different mother lol

 

MCM Price
2oz silver
PF70 US349
PF69 US249

1oz silver
PF70 US149
PF69 US99

1/10oz gold
PF70 US495
PF69 US395

 

It is super cool, especially the 2oz (as pictured below). It is just a pity that it is a medal and not a coin, but as the saying goes: different strokes for different folks...





Source: http://www.newcoinreleases.com/commemorative-medals-to-commemorate-the-birth-of-giant-panda-bao-bao/

 

Seems rather overpriced given the mintage and subsequent graded population numbers. I bet it will be cheaper in the after market a year from now.

 

If it was a coin and had 20 fiat stamped onto it, why is that important to you? How much extra premium are you willing to pay for a fiat value stamped onto a piece of silver?



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Legal tender coins tend to do better than medals. It is not about the fiat value stamped onto it as such, but the fact that more people accepts legal tender than the other way around. However, needless to say, everyone should buy what they like and like what they buy whether medal or coin.

 

What precisely do you mean by this: "more people accepts legal tender than the other way around" ? Again, you very much come across as if to say you believe that lots of people are treating collector coins as if their sole value is the fiat denomination stamped into it?

If you insinuate that you are buying something you like rather than buying something for some other reasons, then why even bother to be concerned about the reasons other people are buying round pieces of metal? Doesn't make sense at all. But if you actually are buying round pieces of metal because you perceive them as a good investment and you concurrently believe that there are a lot more people willing to buy certain coins rather than certain medals, then you are buying not necessarily what you like, but what you believe is a good or better investment. But one should come clean if that's what they believe.

Of course, to each their own, but we need to be clear as to why we are buying something in the first place.

Most people I know and know of don't care about precious metals or collecting coins. They see a collector medal as no different than a collector coin. They'd rather spend large sums of their money on Justin Bieber stuff, annual sports tickets, and a fancy car than medals or coins or blobs.

I buy medals not as an investment vehicle, but because I like the aesthetic qualities of the medals I buy. There's plenty of "popular" medals and coins that I will not spend a single penny on because frankly I just don't think they are appealing to me.....regardless if they are popular or not.

I'm just saying, I'm clear as to what round pieces of metal I buy and why.




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All I was trying to convey is that more collectors, not all, count it as a positive when it is legal tender (and not the other way around). This of course doesn't take away from the many other preferences folks have when it comes to the decision to buy or not to buy. To each his own.