[opinion] 2012 Singapore coin show proof panda

Hey what do people think of these coins are they a good buy (do you see lots of upside) with a 10,000 mintage or are they overpriced and under collected.

Thanks

 

I'd be asking the Senior Panda collectors e.g. Fishball, Yennus or 25Grizzlies

But yes I think they will be a good investment, especially the 5oz silver (mintage 2,500), I did however grab a 1oz silver one aswell (mintage 10,000), I'm sure this will increase in value but not as much the 5oz.

You just have to look at previous coin fair medals e.g. Munich, Honk Kong etc. Also being Singapores 1st coin fair I would say these will be like hotcakes & sizzle lol

Just my thoughts anyways

 

I had ordered the 5 oz, but after seeing some auctions for graded ones with only about $100 return--I cancelled my order---would rather buy 2012 pandas with spot where it is. See link-

http://stacksbowers.com/auctions/AuctionLot.aspx?LotID=329055

http://stacksbowers.com/auctions/AuctionLot.aspx?LotID=329024

 

Yes I agree shano. Its been 15 years since the China mint had an international expo medal, quite the honour for Singapore. As you mention nice mintage figures on the 5oz (which fishball recommends buying) not so sweet on the 1 oz but I think the excitement surrounding the event will ensure it retains value... all the factors point to these special issues being popular going forward.

 

As someone else said, mintage doesn't equal demand.

It seems to be an American thing pushed by Panda America, so the comparison with older panda medals doesn't really make sense. For the price and the trouble of ordering from the US I personally wouldn't bother.

If it was a real Chinese panda it wouldn't be a Panda America exclusive.

 

Agreed

 

Proof PM Koalas in the making?

 

I'm pretty sure it is a real Chinese Panda.

Panda America are the distributors of this medallion probably because they are one of the bigger sponsors of the International Singapore Coin Show.

 

Hi PeeZapp, I think these medals are a good buy.

My expectation is that these will perform similarly to the Munich Pandas. I'm expecting (and hoping) that these will sell out at the SG Coin Show, so there will be some 'flipping' opportunities in the short term, as well as profitable long term options.

If Singapore continues hosting these International Coin shows, then I would also expect the demand for these medals to be high in the coming years (previous examples are the Long Beach and Hong Kong Panda medals).

 

Personally I'm more excited about the 30th anniversary issues over these.

I don't qualify the Singapore issues as "real" pandas because of the lack of a denomination and temple of heaven.

 

Cool was looking at getting a few perhaps but may just pick up the one as I can get it at issue price and don't see too much downside

 

Definitely agree that mintage does not equal demand but as I have stated before ... current demand for some coins may be quite different 10 years from now.

I respectfully disagree that these Singapore medals are an "American thing" as these medals are minted and distributed by one of the Chinese Mints and will be purchased and collected by many collectors around the world, not just Americans. I view these medals as "real" Chinese Pandas and think they are gorgeous so I will add only one to my collection as I'm not big into the newer releases.

Panda America has been distributing Chinese Coins long before MCC were popular and has played a significant role in working with the Chinese Mints to distribute MCC's therefore making them more available to people outside of China as well as aiding in the heightened awareness of Modern Chinese Coins. If this particular Singapore Panda is an American thing then why would not every other Modern Chinese Coin minted since 1979 be an American thing?

From a collectors standpoint I really like these medals, I personally think they are absolutely gorgeous and that's why I bought one ... in my opinion from an investor's standpoint it will be a fairly long time before a profit could be made with these medals. Although the 5 oz silver has a low mintage, historically the 5 oz silver pandas have not really performed well.

Two 5 oz silver medals with shipping is nearly $1,000 USD ... many MCC collectors/investors would more than likely invest this $1,000 in another MCC rather than in a 2012 medal.

If you like these medals and feel they are beautiful then buy one for your collection, if you are buying with a plan of flipping them shortly for profit. I don't think that is going to happen within the next few years.

That's just my opinion which could be wrong ...

 

medals do not typically have a denomination or temple of heaven

 

Who is the actual issuer of the medals?

 

I'm curious ... please tell me all that you know for certain about this particular medal as I am interested.

Panda America is the "official distributer" ...

These medals are being minted in China by one of the Chinese Mints (I believe Shanghai not sure) which operates under the authority of The People Republic of China that is "official" enough for me to enjoy this beautiful medal.

This particular medal is not my lifeblood nor will I be using it to buy bread in a SHTF scenario so I'm just buying it because I like it. It is not the "holy grail" of all coins/medals before it and not to be worshipped it's simply another item for a collection is all. Nothing overly special some people (and I'm not referring to you mfm) take things just a little too serious.

 

I think is a good buy for save for more than 5/10 years. The price in the 1 oz is similar to the conmemoratives pandas. But its the first medal in many years. I think is better buy it than buy the last conmemoratives (2010/2011)

But comeaux have good points is better buy for example a 2000 mirror or a few 199x than 2 x 5 oz medals.
But its the inversor thing. If you are a collector and inversor. I allways prefer to buy at issue price (i think the down is low because the popularity of the medals)

 

I don't know much about it, that's why I asked.

If it was presented. sold and bought as "A neat coin show medal that happens to have a panda on it" all would be well and I wouldn't be writing this. But now there is a lot of hype surrounding it, including from the official distributor, with implicit or explicit expectations of huge profits in the future, including direct comparisions with the Munich medal etc.

So I was just wondering if the older medals were issued by CGCI and the new medal is issued by Panda America? The acual mint is largely irrelevant, mints mint coins and medals for other countries and private companies all the time. For example the Singapore Mint mints coins for both Macau and Bhutan, that doesn't make them "Singaporean coins". In the same way it's not automatically a Chinese coin just because it happens to be minted in Shanghai.

The original poster asked about the investment potential, but hype, hope and wishful thinking alone makes for bad investment advice.

The 1 oz is 50% more expensive than the "30th Anniversary of the Founding of Xiamen SEZ" commemorative panda (although the commemorative pandas are overpriced).

 

thor ... I absolutely love these medals and will probably regret buying only one although I know I will be able to purchase any amount that I want in the near term close to issue prices. The design on these Singapore medals is simply gorgeous and unique compared to any recently issued pandas. I agree with your observation that the 1 oz Singapore is comparatively priced to the recent 2011 commemoratives and probably a better purchase.

In view of the fact that you also picked up a few of the 5 oz for your collection (your daughters), from a collector viewpoint this was a good purchase as you will never lose money on them and they are fascinating additions to your personal collection. I was only alluding to the fact that there may be some investors who are thinking that they can make a quick flip with these medals and score instant profits, I just don't see that happening.

mfm ... I agree with you, from an "investors" view ... this is not a great short term investment. From a "collectors" view ... it's a good buy but actually depends on what a person collects.

For the collector there is no "right" or "wrong" or as quoted from Golden Pelican There is more to collecting than mintage, value and demand

 

There is?? You're not going to play that personal satisfaction card, are you? JK--

 

I think if someone try to make instant profits. Its more easy to pick a few stocks or goto the casino.
But if they see to the long time. Its more easy to make a good profits or not lost (some medals now are cheap but i think is for now) when the
Mcc market mature. I think all the coins going well. But for now the volatility persists.