[Opinion] Resilient Pandas

Discussion in 'Modern Chinese Coins & Medallions' started by yennus, Sep 28, 2011.

  1. yennus

    yennus Well-Known Member Silver Stacker

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    The recent sale of some 1/20oz 1987 Pandas @ $150* each is a really good sign that older Pandas are demonstrating their ability to weather downward fluctuations in spot.

    [​IMG]

    At a time when gold and silver have plunged many percentage points, it is comforting to see that Pandas are still thriving outside of their native environment in Australia.

    *http://forums.silverstackers.com/topic-15594-gold-silver-spring-sale.html
     
    yennus, Sep 28, 2011
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  2. fishball

    fishball New Member Silver Stacker

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    1984 too yennus :p

    It's cheaper than a 1/20oz Gold Lunar 2000 Dragon and with a MUCH lower mintage so I'm not surprised they're flying out the door.
     
    fishball, Sep 28, 2011
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  3. yennus

    yennus Well-Known Member Silver Stacker

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    You're absolutely right Fishball! :)

    I'm sure in a couple of years people will be saying: "Wow! We thought those Pandas were expensive then... but now, it's pure Pandamonium!"
     
    yennus, Sep 28, 2011
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