Chinese Panda Bullion 2016 - The first new PM standard bullion coins

Discussion in 'Modern Chinese Coins & Medallions' started by ninteno, Sep 12, 2015.

  1. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    No stock no stock even 1 oz silver panda. Many no stock
     
  2. SilverSiren

    SilverSiren Active Member

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    Please update us here once you find the 50/100/150 gram pandas available, thanks!
     
  3. Altima

    Altima Well-Known Member Silver Stacker

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    Hmm. I think it's still early in 2016. Only a matter of time before they start minting those out again.
     
  4. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    Probably few months down the road. Mints are too busy in producing items to list online platform
     
  5. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    Yes, definite they will mints more but the question is when and the way they sell.

    They only sell 5 sizes as one lot to dealers as my understood. So the 1 g per sheet and 3 g per sheet price is sky Rocket high in China now. Dealers have factoring in the costs of break the 5 coins. Why majority of the dealers in western countries no stock for full sheet of 1 g and 3 g or sell at sky rocket high ? This the reason.

    Speculation always happen when new things introducing to the market lol.
     
  6. SilverSiren

    SilverSiren Active Member

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    The tiny 1g pandas, are just too cute, I can see why they're so hard to find.
     
  7. KeepOnTrying!

    KeepOnTrying! Member

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    With their prices being what they are now (e.g. $89-95USD for OMP and $120's for MS70 for the 1g coin) the 1g and 3g 2016 Gold Panda coins are no more bullion coins even if minted as such. Their numismatic premium is now high. The question is how high can they go and what will they be worth 5-10 years down the road?
     
  8. ninteno

    ninteno Member

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    even if it is early 2016, maybe they are already sold out at the mint.
    getting sheets will become very hard if you do not want to buy on secondary market.
     
  9. Altima

    Altima Well-Known Member Silver Stacker

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    Hmm. Is that a certainty that they are already sold out? Was hoping to get one or two for a special occasion.Won't pay the current prices on ebay cos they are over inflated. Guess too much speculation going on right now. I will let the market cool down.
     
  10. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    They yet to mint the full mintage at all no time slot for production. Sold out is not true at this moment but out of stock is right. They will mint but it take long times.

    I cannot foresee the price in next few months after they produces it. Up or down ?????

    At this moment many dealers promising customers stock arrive in one week. After months no stock lol. Panda America in Singapore stock has reach last week. Many local dealers approach them for help even the lowest price dealers ask for 2 monster boxes but all stock sold and allocated to customer who make pre order.

    Luckily those low ballers in Singapore never take from me and the dealer promise them got no stock at all till now.

    I sold my stock a much better price.
     
  11. ninteno

    ninteno Member

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    @andy, i think you talk about the silver pandas. I did check sg dealers, nothing.
    I was more about 1gr and 3 gr gold coins. No source in australian and singapore found.
    Do you know china street price for the 1gr / 3 gr sheets ?
     
  12. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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    Same situation for the production of 1 and 3 g gold panda.

    Not many one sheet 1 and 3 g available. 1 g is around 75 to 85 usd in China excluding shipping
     
  13. SilverSiren

    SilverSiren Active Member

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  14. Gatito Bandito

    Gatito Bandito Active Member

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  15. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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  16. KeepOnTrying!

    KeepOnTrying! Member

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    3g sold out. 1g OMP = $129.90. Since there is no guarantee that this price will hold steady or appreciate in a predictable way what is the benefit of buying at these high valuations?
     
  17. Justfishin

    Justfishin New Member

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    Zilch. Wait till Chinese new year over, they should come down
     
  18. SilverSiren

    SilverSiren Active Member

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  19. ninteno

    ninteno Member

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    cheap compared to other offers, if demand in the west is still high they should be gone soon.

    provident price is a joke. but, for example i have seen offers for the 8 gr. silver new year coincards going for 37US$ (with a mintage of 1.900.000 pcs)
     
  20. andrewlee10

    andrewlee10 Well-Known Member Silver Stacker

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