China 2016 3 Yuan New Year China 1/4 oz Silver Blister

Discussion in 'Modern Chinese Coins & Medallions' started by Razz, Jan 30, 2016.

  1. Razz

    Razz Member

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    This coin is coming out 3 yuan new year 2016 its got a higher mintage then last year but its a nice litlle coin
    [​IMG]
     
  2. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    Very nice but high premium due to hot demand
     
  3. Razz

    Razz Member

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    The mintage increased from 600.000 to 1.90000 that is a lot the demand must be crazy then.
     
  4. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    Chinese love to gamble. Those dealers playing the price and hype it in China.

    Declare planned mintage does not means actual mintage so the first batch might be much lesser. This is same happening for 1 g and 5 g gold panda 2016.

    I believe the price will go down after Chinese New Year .

    This small coin is acting as CNY gift.
     
  5. Justfishin

    Justfishin New Member

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    You mean 1 and 3 gr, right?
     
  6. ninteno

    ninteno Member

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    Lets see what happens after new year, its not long to go. In the past this was working often but not always.
    Its also different depending on your own locatian. I guess for Europe and US market there is only a small downside risk.
    China will keep their coins for its own people than export them.

    For the australian market i have no idea. For me it looks like that Pandas are not so popular in Australia.
    Maybe its only because momantary people like more PM that is closer to spotprices.
    After a 4 year downside market in US$ its no wonder.
     
  7. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    yes 3 g NOT 5 g :eek:
     
  8. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    I am not sure Australia market. However, bullion vs numic is always hard to justify and it has no comparison as my personal view.

    I have both BUT much lesser on bullion.
     

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