Colored Proof Pandas from 1997: 1 oz and half oz for $130?

Discussion in 'Modern Chinese Coins & Medallions' started by silverlover, Aug 18, 2011.

  1. silverlover

    silverlover Member

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    Hey everyone

    Was at the coin shop and saw the multicored 10 and 5 yuan multicolored set for $130 at a coin shop. I thought it was a good deal at first as it passed the real inspection test, had a genuine COA for each coin. This two coin set looked like a good deal as it's mintage of 100,000 can really explode further in price overnight.


    But upon further inspection, the half oz coin had small cracks at the outer edge of capsule and the full oz 10Y coin looked like it had some tarnish or what seemed to be a slight whitish milk spot on the reverse side of the coin (where it says 1997).

    I passed on the coin and told the owner I would be back the next day to get it if I changed my mind.
    What do you guys think? Did I pass on a great deal or was it good to play safe for now?
     
  2. fishball

    fishball New Member Silver Stacker

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    Seems a bit expensive to me.

    To put it nicely, colored Pandas are somewhat unliked.

    Pricepedia puts the 1997 1/2oz Colored Proof Panda at around $70 and the 1oz at $100.

    I wouldn't touch them they're a gamble, but up to you.
     
  3. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    I got talking to a young Chinese bloke in Melbourne about colored Pandas
    Don't touch them he said,not very collectable
    And apparently Perth Mint make the colored Chinese coins as they're color printing technic isn't any good.
    Maybe Yennus can out more
     
  4. silverlover

    silverlover Member

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    Thanks guys!
     
  5. yennus

    yennus Well-Known Member Silver Stacker

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    Unfortunately I'm not too knowledgeable on the colored versions. From what I understand, the colored versions are enjoyed in Europe, but apart from that, the standard bullion coins are preferred everywhere else. I could be wrong though. I've seen a few in China, but haven't tried collecting them yet.
     
  6. silverlover

    silverlover Member

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    Appreciate the input yennus. Looks like it's best to stay away from the colored coins for now.
     

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