Are you in the Panda Camp

Discussion in 'General Precious Metals Discussion' started by hiho, May 19, 2011.

  1. yennus

    yennus Well-Known Member Silver Stacker

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    Hey thanks everyone for vouching for me. Much appreciated.

    1) I haven't seen any convincing fakes from any year. If you've seen a legit panda, normally by visual inspection you can detect something funny about a fake panda (usually even without weighing). [I've seen more convincing fakes of ASEs and Morgans than Pandas]
    2) I haven't had many issues so far. Selling Pandas has been easier than selling my Roos and Lunars. http://forums.silverstackers.com/topic-9769-syd-sale-silver-gold.html
    3) Shenzen Guobao Mint is one of them.

    2.1) I think it's probably easier to offload Pandas locally and worldwide rather than Roos/Lunars because:
    a) Pandas are rare (limited mintages)
    b) Pandas are relatively few per person (there are more millionaires in China alone than there are Pandas)
    c) Pandas are more cost effective. If given a choice between a rare coin (i.e. Panda) and one that isn't (e.g. Lunar/Roo) at the same price ($420-$430), it makes more sense/cents to go with the Panda.
    d) The strike on the Pandas (both silver and gold) are proof like... stunning.
    e) Pandas appreciate in price each year in spite of silver/gold spot (most people aren't going to sell their pandas at bullion value once the coin has taken on a numismatic value above the bullion value).

    http://forums.silverstackers.com/topic-9307-silver-panda-monium-1oz-2011-silver-pandas.html
    http://forums.silverstackers.com/topic-9276-gold-panda-monium.html
    http://forums.silverstackers.com/to...valuepack-limitededition2011-gold-pandas.html


     
  2. silversardine

    silversardine Member

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    Yes, I found it a bit annoying that they do that.

    They also seem to do it with others that would easily be supplied in a roll or tube, ie, if you bought ten for example.

    They do put their details on the tag so at least it is identified as having been sourced from them.
     

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