2016 30g panda silver coin seems cooking up

Discussion in 'Modern Chinese Coins & Medallions' started by picturefun, Mar 2, 2016.

  1. picturefun

    picturefun Member

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    I bought 2 from Providentmetals last Friday for $28.23 each, today, they are selling for $40 each. APMEX price is a little cheaper, still $37.5. Quite a jump in a couple of days. might be a Short term supply issue. Dealers either out of stock, or raise the price by a big margin
     
  2. goldpelican

    goldpelican Administrator Staff Member

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    Impossible to restock on these at the moment. Blink and they're gone.
     
  3. barsenault

    barsenault Well-Known Member

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    Wow, that's nuts. There are still a couple of companies that are under 25.00. Surely 8 million aren't close to being sold out already?
     
  4. Justfishin

    Justfishin New Member

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    Reportedly only 640,000 were marked for export--and that is IF they mint the full 8 million--which doesnt sound like they are........mine are sleeping nicely in their vacuum sealed slumber :D
     
  5. Altima

    Altima Well-Known Member Silver Stacker

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    Price rise seems rather artificial.
     
  6. Justfishin

    Justfishin New Member

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    supply and demand---no supply = higher prices
     
  7. barsenault

    barsenault Well-Known Member

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    If only 640,000 for export, then makes sense why the sudden increase in price. And that's 640,000 for the world outside of China! I'm sure in time the other suppliers will increase prices too. Although, if this is being artificially held down, then I imagine prices will come back down.
     
  8. Gatito Bandito

    Gatito Bandito Active Member

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  9. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Which companies have still have these for under $25?
     
  10. MDAMDA

    MDAMDA New Member

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    Very easy to get them here in Germany for around 21 Euros (23.10 USD)
     
  11. ninteno

    ninteno Member

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    Expect that it will end soon with german lowest international price if supply will not become better within the next days. Germany has a very good distribution network for china coins and nearly all dealers have stock, but in 2016 a lot of things have changed from china amd their distribution.
    Maybe Peter Anthony can write something about it here on silverstackers.
     
  12. ninteno

    ninteno Member

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  13. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Can you refer one that ships internationally?

    Thanks in advance.
     
  14. MDAMDA

    MDAMDA New Member

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  15. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Do you have a website you sell from?
     
  16. Bosse68

    Bosse68 Well-Known Member Silver Stacker

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  17. ninteno

    ninteno Member

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    You killed their server - PrestaShop 503 Overloaded :D

    Edit : i get access to their webside if i use a proxy in netherlands
    Not want to order only watchwhats going on.
    Be careful as you can put in unlimited coins without doublechecking the existing stock
     
  18. milkyspot

    milkyspot Member

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    I sell too, shipping from Europe.
    Write me a pm for enquiries.:)

    US-Dollar account existing if it helps.:cool:
     
  19. milkyspot

    milkyspot Member

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    Did some fast picture to proof I am in stock :lol:

    [​IMG]
    Source: Milkyspot
     
  20. Altima

    Altima Well-Known Member Silver Stacker

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    Question is, what is your best price? Best I've seen so far was 20 USD.
     

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