MCC prices for medals and coins weakening?

Discussion in 'Modern Chinese Coins & Medallions' started by silverfever, May 15, 2012.

  1. Thor122

    Thor122 New Member

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    Is a bargain. Im looking to buy this year because i have the 2009/2011 and pay more than 500 each with box and coa not graded.
     
  2. Dave92029

    Dave92029 New Member

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    "Are MCC prices for medals and coins weakening?"

    I don't think so.

    I'm a Neewb to MCC who acquired 14 Silver MS69 10Y pandas in the last few months. I bought all my coins on eBay and paid with Bill Me Later (use others money for free). I still haven't had to pay for most of my purchases as yet, so it's been less than six months since i started buying.

    I recently checked ebay to see what my purchases were currently going for. Since the Spot price is way down I expected coins similar to what I purchased to also be down. To my surprise the prices appear higher for almost all, with a few minor exceptions.

    I have the 2001D - 2012, plus 1996 sd/ld. The earlier coins that I'm interested in (1991-2000) prices appear very strong and possibly stronger than when I started buying!

    It appears to me that prices are up, especially the 2003 ( two versions now so the price went up?), and the 1996 look like they are twice what I paid. Glad i bought when i did.
     
  3. Thor122

    Thor122 New Member

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    The name use in stock market is sector rotation. The oldest pandas and the gold pandas are hot. Others mcc soft (gow for example, mirror 2000 and frosted are less than april 2010 for example 2000 frosted go for 600 in 4/2010 now less than 400. Mirror 2000/ now 1150/1250
    All in ms69)


    You begin buying in the bottom of the market of mcc in silver pandas. I think the 1989/1996/1997 are subvalued now.
    I think the others 199x are in fair prices now 200 to 400 in ms69.
    When a new variety is in the ngc holders automatic is the total mintage split in two for each variety (after you know what is the rarest and the market value it more. Satin now but the mintage is unknown.
     
  4. Thor122

    Thor122 New Member

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    The name use in stock market is sector rotation. The oldest pandas and the gold pandas are hot. Others mcc soft (gow for example, mirror 2000 and frosted are less than april 2010 for example 2000 frosted go for 600 in 4/2010 now less than 400. Mirror 2000/ now 1150/1250
    All in ms69)


    You begin buying in the bottom of the market of mcc in silver pandas. I think the 1989/1996/1997 are subvalued now.
    I think the others 199x are in fair prices now 200 to 400 in ms69.
    When a new variety is in the ngc holders automatic is the total mintage split in two for each variety (after you know what is the rarest and the market value it more. Satin now but the mintage is unknown.
     
  5. silverfever

    silverfever New Member

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    Looks like it is safe to say now that those including me who bought the Singapore CoinFair 2012 1 oz medals are all under water.

    Majority of the auctions in June with a PF 69 grading have all ended in the $ 160s - $170s range. :(
     
  6. Thor122

    Thor122 New Member

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    I dont care for it. I have the two in ncs/ngc for my daughters (i buy two of 1 oz and two of 5 oz) and i think in more than 10 years they will go for more than twice or 3 x times the value, plus i jackpot a ms70 in 1 oz.
     
  7. DaBoz

    DaBoz New Member

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  8. Lim

    Lim New Member

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    I am interested in that 2oz wutai ... now waiting for the prices to drop . ;)
     
  9. Reggie Perrin

    Reggie Perrin New Member

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  10. silverfever

    silverfever New Member

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    Same here.
     
  11. silverfever

    silverfever New Member

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    There will be blood tomorrow?

    China growth falls to 7 % lowest level since 2009... 15 global banks get downgraded...


    Having said that I am in the market for a cheap 1994 Unicorn both bu and proof versions in a 69 grade.
     
  12. yennus

    yennus Well-Known Member Silver Stacker

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    If the Hosane auction represents a fair guide, it reveals that MCC are unlikely to fall very far.
     
  13. silverfever

    silverfever New Member

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    I have been monitoring ebay auctions, very few coins have peaked my interest recently.
     
  14. yennus

    yennus Well-Known Member Silver Stacker

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    Heheh.. that could be considered a good sign too :)

    The good coins often get hoarded :)
     
  15. Thor122

    Thor122 New Member

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    I have two ms69s ncs/ngc and one pf69.
    All graded ncs/ngc. I think is more cheaper buy the pf69 graded and the ms69 buy in omp and grade it.
     
  16. kucingfight

    kucingfight New Member

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    whether the MCC is weakening or not, it doesn't matter much to me, as it gives me the opportunities to hoard.
    Recently won 2x 2008 panda capsule for USD55 each
     
  17. silverfever

    silverfever New Member

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  18. silverfever

    silverfever New Member

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  19. fishball

    fishball New Member Silver Stacker

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    Pretty damn cheap prices! iJelly because I have no spare dough.
     
  20. Lim

    Lim New Member

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    I have intention to submit a bid but before i did that , i message the seller to ask if got milkspot ...

    And the answer is something i am not comfortable with .. So i did not bid for it .

    To me , i only want a straight answer , NO , there is no milkspot .... OR YES , there is milkspot not the ..... "I don't think so" and ask me to check the NGC picture .

    I know NGC pictures records are crappy anyway.. so i prefer to ask .

    ASK BEFORE BID.
     

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