Left unimpressed with 2010 panda ebay prices

Discussion in 'Modern Chinese Coins & Medallions' started by upandaway, Mar 21, 2013.

  1. upandaway

    upandaway Member

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    Hi guys,

    Did a quick search of recent normal 2010 silver pandas sold on eBay and average price was around $43 AUD including 20% VAT. Have to say I was left less than impressed. Considering this was the final year of a mintage that isn't in the 6-8 million range they are basically trading at the same price as a wildlife coin.

    Perhaps some of you who deal regularly with pandas could share your views. I realise silver is not flavour of the month at present but I really thought they would have been climbing higher than this by now.

    I was after a 100-200 or so (which for normal avenues like local trusted bullion dealers is difficult to source) but I'd basically be paying the same as a single coin on eBay of all places.

    If it's a sleeper it is sure in a deep one! What does the panda bible list these at out of interest?

    Thanks
     
    upandaway, Mar 21, 2013
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  2. silverstar1

    silverstar1 New Member

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    Here is my 2 cents , for what its worth. The 2010 is not a very special year i think $42-$46 seems about right , still a very high mintage and honestly many that I have seen have lots of problems with white spotting but that could just be me. I had several graded before I knew better and they came back as ms 66s and 67s , great looking coins but blotchy spots so a total loss for me. someday they could fetch higher premiums but it probably wont be for a while you really have to go pre 2009 to see much of a premium at all. I hope this helps.
     
    silverstar1, Mar 21, 2013
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  3. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Not an expert panda collector but the price seems too low for 2010. Maybe a one off lucky bidder to get one or two at that price. The complete listing I saw still aud$50 after the fee taken out. Happy hunting.
     
    Lunardragon, Mar 21, 2013
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  4. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Lunardragon, Mar 21, 2013
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  5. gerald

    gerald New Member

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    I agree with silverstar1, this was a bad year for spotting. I once looked through nearly an entire sheet of these and they were all spotted. A short while later I found another dealer who had a good batch (no spotting). My guess is that the non-spotted ones will in the long term bold their value well.
     
    gerald, Mar 24, 2013
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  6. Justfishin

    Justfishin New Member

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    I sene in a bunch to grade, all prime when they went, didn't NCS, 2 months after they came back--milk spots galore :mad:
     
    Justfishin, Mar 24, 2013
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  7. badhop55

    badhop55 New Member

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    I think I got lucky. In Apr 2010 I picked up 7 MS 70 PCGS 2010 Pandas paying an average of $86 ea. After reading this thread I pulled them out to check. No spotting on any of them after 3 years. Here's hoping they stay that way. The down side on these is the MS 70 population of 14,697 (last time I checked).
     
    badhop55, Mar 31, 2013
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