There is an ancient proverb that says "It is the glory of God to conceal a thing, but the glory of kings is to search out a matter." To many people, paying hundreds of dollars for a brass coin seems absurd - but to a few, this may be the BARGAIN of the week (and hopefully maybe a lifetime)! (or at worst, a really poor investment) It's not every day that one has an opportunity to bid and win on what could potentially be China's version of the 1930 Australian Penny. But today/yesterday was such a day. Source: http://www.australianstamp.com/coin-web/aust/penny/1930penn.htm Back in 1983 China minted a 1Yuan coin (worth less than 20 Australian cents ... yep <$0.20AUD), and then did it again in 1984. Up to 30,000 of these brass, 12.7gram, Pandas were authorized to be minted. But nobody really knows if the full authorized mintage was actualized. I personally think that the full mintage fell short by a lot. What can be shown/proven is the relative rarity of these bears reaching grading centres like NGC. Up to now, only 91 of these bears have been sent to NGC. While there are many 1984 Brass Pandas floating around in China, many of these bears have fallen into hands of people that didn't appreciate their potential worth - after all, who takes care of something that is initially only valued at $0.20? Kinda like a penny made in 1930 So what are they currently worth? The Panda in the above picture, has been handled, and is currently going for over $400AUD in a moderately wealthy province of China (JiangSu). This Panda, PF68, featured in the recent Champion Auction in Hong Kong last month, and went for $500USD. [imgz=http://forums.silverstackers.com/uploads/675_1984pf68.png][/imgz] The Panda in the below picture, is a graded PF69, and is currently going for over $800AUD in Shanghai. [imgz=http://forums.silverstackers.com/uploads/675_1984ms68.jpg][/imgz] So considering that I bought an OMP pair for $603 ($301.50each), I'm a happy Panda fan! If desired, I could probably flip this now in Shanghai for $400each, or grade them and then flip them ... but something tells me I'll be holding onto at least one of these bears for a long long time. If I got a PF70 at grading that would be totally awesome (permission to print money)! It would be the only one Really really grateful to my Father upstairs for taking good care of this lowly Panda collector. Really thankful to 25Grizzlies for getting me started on these exact bears when he came to Shanghai a couple of months ago. Really happy that Comeaux didn't sink my bid at the start by bidding $1000. Really happy that Aurora Et Luna was the honorable auctioneer! I'm really really happy! Thanks all... Gnite!