[CHART] 2001-2010 Panda Prices

Discussion in 'Modern Chinese Coins & Medallions' started by yennus, Oct 21, 2011.

  1. yennus

    yennus Well-Known Member Silver Stacker

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    Here is one of the charts I look at when considering whether something is a good buy or not... It should be fairly self explanatory:

    a) Generally speaking, the older the Panda, the higher the value.
    b) Pandas are usually much more valued than spot, even after just one year.
    c) The 2003 Panda has been one of the more popular Pandas (or may be due for a correction... I don't think so).
    d) Perhaps 2001 and 2002 are due for a price upgrade (or maybe not... I think they are).
    e) The 2009 Panda has also been one of the more popular Pandas (or may be due for a correction... I don't think so).
    f) The 2010 mintage of 1.5million Pandas maintained the trend appreciation, indicating that demand for Pandas (and/or silver) is growing.
    g) Michella11 told me a few months back that she thought the 2008s were a good buy... I think she might be right on the money :)

    The prices used in this chart are available from either the PricePedia or APMEX.
    The mintage numbers are the official mintage figures.
    Spot price was from a couple of days ago.

    [​IMG]

    For those who were part of the 2007&2010 group buy, BARGAIN!

    The numbers I used were for single coins (not bulk purchases):

    Date Price (USD) Mintage in 1000s Spot Price: 30.37
    2001 $119.99 500 30.37
    2002 $138.00 500 30.37
    2003 $179.99 600 30.37
    2004 $129.99 600 30.37
    2005 $129.99 600 30.37
    2006 $109.88 600 30.37
    2007 $99.99 600 30.37
    2008 $84.99 600 30.37
    2009 $99.99 600 30.37
    2010 $79.99 1500 30.37
     
  2. yennus

    yennus Well-Known Member Silver Stacker

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    Here's a chart that extends out to 2011...

    I have capped the mintage of the 2011 to 1.5million, otherwise the graph blows out too much that you can't see the spot price or the RRP price. (Yes, the mintage of the 2011s is 6million.)

    [​IMG]

    If the Panda trend continues, it should not take much for the 2011s next year to continue their price appreciation, perhaps not at the same rate that previous years have, but definitely at a rate higher than the 2012 Pandas and 2012 standard bullion.

    2011 $43.93 1500* 30.37
    * Actual mintage is 6,000 (6million)... figure of 1500 was used so you can see the trend lines of spot and rrp.
     
  3. 940palmtx

    940palmtx New Member

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    Thanks. I agree with the 2008 and even the 2007. 2006 seems to be the jumping off point for high(er) prices, for graded pandas at least
     
  4. yennus

    yennus Well-Known Member Silver Stacker

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    That's a fantastic idea! I should add the graded prices! :)
     
  5. 940palmtx

    940palmtx New Member

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    It would be killer to have a comprehensive comparison chart.
    When I see any graded coin for 15 dollars or less over a raw coin, any coin, I think it's a great value.
    I've actually purchased slabbed 69s coins for less than raw coins from retailers. It's like getting a free slab. yeah maybe the raw coin was a 70, but maybe it was a 67.
    Another thing I like about slabbed coins that I haven't seen mentioned, is there are all kind of storage boxes that are made for slabs so it's easy to store and keep organized.
    Thanks again for all you do Yennus, btw, what happened to our bayou brother comeaux? haven't seen him around?
     
  6. yennus

    yennus Well-Known Member Silver Stacker

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    [​IMG]

    Graded prices added... these are NGC or PCGS pricing... I was not picky either one would do.

    It is nice to know that a recommendation made at the SydneyStacker Meets is showing strong evidence of coming to pass... and that was the recommendation of getting some 2001 and 2002 BU Pandas - because it is likely that these are going to be going very much higher soon.

    Their graded price is high enough that it should inspire those who have the BU 2001s and 2002s to send them in for grading! If you get a MS69, you have literally doubled your value! :). If you get less (E.g. MS68) then you have maintained your value (very little to no loss).

    The price difference between a BU (original mint packaging) and a Graded 2001/2002 is HUGE... which is a fantastic opportunity to make some calculated decisions :)

    2001 $249.99
    2002 $329.99
    2003 $249.99
    2004 $219.99
    2005 $139.99
    2006 $159.99
    2007 $139.99
    2008 $129.99
    2009 $129.99
    2010 $84.99
    2011 $59.19
     
  7. yennus

    yennus Well-Known Member Silver Stacker

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    Thanks 940palmtx, it is always nice to feel appreciated :) Thanks mate! :)

    Yeah, dunno what's happened to Comeaux... probably busy with work I suppose... got to make the fiat to get more Pandas :)
     
  8. 940palmtx

    940palmtx New Member

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    These are 69 prices...right?
     
  9. yennus

    yennus Well-Known Member Silver Stacker

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    Yep, PCGS/NGC MS69 prices.
     
  10. 940palmtx

    940palmtx New Member

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    Do you concur with me that a 2011 70 for 125-130 is a better buy than a 69 right now? Given the past performance of 70s vs 69s and the extra high mintage of 2011s?
     
  11. yennus

    yennus Well-Known Member Silver Stacker

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    I'm fairly new to the world of Graded Pandas so you won't find a disagreement from me regarding that statement :)

    MS70s seem to perform very very well all the time. I suppose there are always people at the top who have cash for these type of purchases.
     
  12. 940palmtx

    940palmtx New Member

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    Right. But say for an older Panda a 69 might gain more percentage wise as the 70s have already reached a premium. Doesn't mean they won't increase in price, just maybe not exponentially as much as 69s. But who can say for sure? part of the hobby is watching prices, especially sine I can afford to spend more time watching than buying :)
     
  13. yennus

    yennus Well-Known Member Silver Stacker

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    Perhaps :)

    I'd be interested to hear what Tamo, PandaCollector or Comeaux would say... until recently I've only been a BU OMP type of Panda collector :)
     
  14. alor

    alor Well-Known Member Silver Stacker

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    hope the mint will produce 20 millions Pandas next year and the year after that :) we want more!
     
  15. xiki

    xiki New Member

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    Nice work, Yennus! I love this kind of thing to evaluate a deal. May I ask where do you get those MS69 prices? Are they apmex asking prices?

    I have been compiling a list of "buy it now"-prices from ebay to keep score for myself. They show some variation from the prices you list here, I guess one reason might be I concentrate only on NGC graded coins. If anyone's interested, I could make my table into a jpg and post.
     
  16. yennus

    yennus Well-Known Member Silver Stacker

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    Thanks Xiki... yep MS69 prices were from APMEX sell prices.

    It would be fantastic to see you NGC table :) Thanks!
     
  17. xiki

    xiki New Member

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    Haha, panda people are enthusiastic people, Yennus! Actually, I have referenced your prices here as my standard ungraded price comparison. It's from your latest master list and does not include the 2007/2010 group buy prices. Ok, here is the table:

    [​IMG]

    So these are the current "buy it now"-prices on the US ebay. The prices are NGC, as mentioned, except a few cases where there are no NGC available, but PCGS is available, then those are listed.

    Many of these are sold by sellers only willing to ship to the US, but I use this table to assist me when deciding whether to bid on auctions and such things. If I can get a graded coin much lower than the cheapest "buy it now"-price, then I am happy.

    A really good offer this week seems to be the 2009 30th Anniversary MS69. Let's see how long it lasts.

    By the way, bold lettering means the price is a relatively big change from the previous week.
     
  18. comeaux

    comeaux New Member Silver Stacker

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    most excellent job yennus ! :)
     
  19. comeaux

    comeaux New Member Silver Stacker

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    xiki those are some fairly accurate prices on those 70's ... this is what i have seen over the last six months regarding MS70's

    Depending on where you buy them from, there may be some small price differences but from what I have seen over the recent months here are the averages of the MS70's:

    2011 - $99 to $110
    2010 - $125 to $150
    2009 - $275 to $325
    2008 - $350 to $425
    2007 - $400 to $450
    2006 - $550 to $600
    2005 - $400 to $500
    2004 - $450 to $550
    2003 - $500 to $600

    As I said these prices are averages of what I have seen them selling for but on occasion I have seen them selling for slightly less or more but I would think these are good averages as I watch them closely on a weekly basis.
     
  20. comeaux

    comeaux New Member Silver Stacker

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    940palmtx ... IMO it would not be a bad investment to pick up a few 2011 70's but you can get them for about $100 or less.
     

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