Bullion 2011 Panda availability/prices

Discussion in 'Modern Chinese Coins & Medallions' started by badhop55, Feb 25, 2012.

  1. badhop55

    badhop55 New Member

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    I checked 10 online dealers today and only 4 had 2011 Pandas available for sale at prices that seem to have have recently jumped up a fair amount.

    1. $63.50 + s&h
    2. $62.00 + s&h
    3. $59.95 + s&h
    4. $49.00 (Free s&h)

    Sales on the bay are running in the low $50s.

    For a mintage of 6,000,000 these are seemingly pretty scarce and pricey.
     
    badhop55, Feb 25, 2012
    #1
  2. fishball

    fishball New Member Silver Stacker

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    Probably spiked up due to some people tired of waiting for 2012 Silver Pandas.

    I'd advise against paying $50+ for a 2011 1oz Silver Panda.
     
    fishball, Feb 25, 2012
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  3. Maggie

    Maggie New Member Silver Stacker

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    mmm I agree 100% with Fish
     
    Maggie, Feb 25, 2012
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  4. Thor122

    Thor122 New Member

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    +1
     
    Thor122, Feb 25, 2012
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  5. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    I'm far from a panda guru but i wouldn't pay more than $45.. but that's just me.
     
    LovingtheSilver, Feb 25, 2012
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  6. mfm

    mfm New Member

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    US$ 50 is what they cost in mainland China and in Germany too (including tax).
     
    mfm, Feb 25, 2012
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  7. sriblo ag47

    sriblo ag47 New Member

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    Why are the pandas so expensive in China?
     
    sriblo ag47, Feb 26, 2012
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  8. yennus

    yennus Well-Known Member Silver Stacker

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    Supply and demand ... And Tax.
     
    yennus, Feb 26, 2012
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  9. mfm

    mfm New Member

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    And the fact that they don't care much about the paper spot price.
     
    mfm, Feb 26, 2012
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