[OPINION] Old Bears Strike Back

Discussion in 'Modern Chinese Coins & Medallions' started by yennus, Feb 5, 2012.

  1. low

    low New Member

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    I completely agree with Nick.

    1. If you want it to be OMP, then buy OMP.

    2. If you want it graded, then buy the already graded coin.

    3. If you want to have fun hunting for winners, then get to know your source very well. If you know more than your dealer do, good.

    Whatever you do, you must have a clear decision before you buy the coin. After all, if you hunt enough, bargain are everywhere to be picked up.

    Everybody wants a nice looking coin.

    That is so true.
     
  2. CAPITALISTPIG

    CAPITALISTPIG New Member

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  3. tamo42

    tamo42 New Member

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    US buyers only. If you guys are interested I can bid on it for you.
     
  4. yennus

    yennus Well-Known Member Silver Stacker

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    I'm interested, but I'm afraid I'll end up bidding against the good Panda people here :)

    I'm blessed with a lot of Pandas already, so I'll let someone else take this... but if no one here is keen, I'll bid for these.
     
  5. Anthony

    Anthony New Member

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    This goes back a bit to the post I wrote about sourcing your bears and that buying OMP and sending for grading is all a gamble.

    I see the OMP stock decreasing in quality as people pick up the good bears and grade them, then return the rest to circulation. Your chances of picking up an OMP that grades as a 69 or 68 keep reducing, so people pick up a graded "sure thing" 68 instead.

    The 1989s were going at around $120 only 6 months ago, so hopefully they get back up there, I have a soft spot for it. It should theoretically hold a premium not tied to the mintage numbers, as it is the first silver coin in the series you would expect collectors to target it.
     
  6. mfm

    mfm New Member

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    Except that basically noone in China cares about grading... And as stated, grading is a gamble.
     
  7. fishball

    fishball New Member Silver Stacker

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    I've heard that the older generation of Chinese prefer OMP whereas the younger generation like both graded and OMP.

    Entirely rumours but I see that some coin stores in China have started to sell slabbed pandas (at uncompetitive prices) so there might be some truth to it all.
     
  8. Thor122

    Thor122 New Member

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    First coin sell for the seller.
    Only for usa.
    Best to see the coins before pay.
    The seller is from california.
    Someone will have a very good bargain or a problem.
     
  9. Catseye

    Catseye New Member

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    +1 My guess is "problem".
     
  10. Thor122

    Thor122 New Member

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    689 finished 68,90 each coin
     
  11. yennus

    yennus Well-Known Member Silver Stacker

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    BARGAIN! I think I might want to spend a bit more time in the USA... but I'm really loathing the TSA experience...

    Yes, they do really grope down there.
     
  12. apples

    apples New Member

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    89 has always been my least favorite design of any panda... the grid background pattern just doesn't work for me. From my experience it is a year that everybody has strong opinions about one way or another... love or hate.
     
  13. yennus

    yennus Well-Known Member Silver Stacker

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    HAhaha.. yeah the 89 bear is either loved or loathed... totally agree with you that people often either love it or hate it.

    I like it :) ... classical Panda design, with grid lines :)

    [imgz=http://forums.silverstackers.com/uploads/675_img_3129.jpeg][​IMG][/imgz][imgz=http://forums.silverstackers.com/uploads/675_img_3130.jpeg][​IMG][/imgz][imgz=http://forums.silverstackers.com/uploads/675_img_3131.jpeg][​IMG][/imgz][imgz=http://forums.silverstackers.com/uploads/675_img_3132.jpeg][​IMG][/imgz]
     
  14. jc888888888

    jc888888888 New Member Silver Stacker

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    I GOT SNIPED AGAIN WITH 3 SECONDS LEFT ,I HAD BID 688.00 i HOPE AT LEAST A STACKER SNIPED ME:):)
     

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