panda and mcc market on fire !!IMHO

Discussion in 'Modern Chinese Coins & Medallions' started by jc888888888, Sep 23, 2012.

  1. jc888888888

    jc888888888 New Member Silver Stacker

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    Everything i am watching and bidding is going off at big money ,here are a few examples.
    230851958911
    271056162407 in ms 67???? :)
    320984714323
    221126142682 you would hit the lottery if this coin grades 68, IMHO ms67 grading reject:)
     
  2. Reggie Perrin

    Reggie Perrin New Member

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    That 1/10th 2002 G50Y MS67 (271056162407) is very odd, isn't $1075 a bit over the top for that, there are far more of those graded than the 2001d? or am I missing something?

    I picked up a 2001 1/10th for $235 the other day, http://www.ebay.co.uk/itm/380463192847?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649, it was close enough to spot to risk buying it, and a 1/10 2001d ms69 for well under half the price of that 2002.

    [Edit: I'm watching a few OMP Silver Pandas ATM, and with a day to go the 2003 is the most expensive, bidding is already at 53 ($83 USD).. I expect it to go a lot higher by the end of the sale]
     
  3. jc888888888

    jc888888888 New Member Silver Stacker

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    anything under 400 usd for a 2001d ms69 is a good$$ IMHO
    2002 are really rare and consistently go for over 900 but ms67 that sure was over the top...................
    things are heating up IMHO

    235 for 2001 imho is ok price ,everything I bought 3 months ago and paid what I thought was a lot of money, has turned out to be a good deal ,if gold spot and silver spot keep moving in the right direction MCC will move right with it x2 percentage wise ,and with the US willing to keep the printing presses humming and quantitative easing # 4 thru 24 ahead of us, I dont think having your money in precious metal is a bad idea:)
     
  4. silverfever

    silverfever New Member

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    I have been bearish on MCC prices for a long time but recently I have noticed a strong uptick in prices. I have not been able to add any coins to my collection with low bids anymore. :(

    I only follow silver MCCs and here are some examples:

    1998 Beijing Expo MS 69 Panda finishes at $405.00

    http://www.ebay.com/itm/1998-1-OZ-S...4669870?pt=US_World_Coins&hash=item416b65382e

    The last few auctions previously all ended below $400.00

    Another good example would be the 1999 SD MS 69 panda which just finished at $312.20

    http://www.ebay.com/itm/1999-SMALL-...nbDLFGiaTglIq0a90MC8oEU=&orig_cvip=true&rt=nc

    A few months ago you could have bought this coin in the mid $200s.
     
  5. jc888888888

    jc888888888 New Member Silver Stacker

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    yep ,I wish I had all those 1998 and 1999 expo,s I sold :) also the gold fractional,s are crazy high
     
  6. low

    low New Member

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    Currently there is strong demand for 2002 1/10oz gold panda in China.

    Apparantly this is one "key" coin to complete the 1/10oz set, at least according to the current market condition.

    Yep, panda gold fractionals are excellent in current market, and believe will be so in the foreseeable future.
     
  7. silverstar1

    silverstar1 New Member

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    These seem to be going nuts! but the 2001 1/10th no one cares about ?
    Must be the demand in China like you said??
    Does this drive the majority of the market?
    The demand in China..
     
  8. low

    low New Member

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    I read somewhere, China dealer is assembling some 50 sets of gold 1/10oz and 2002 is one of the missing one. No idea about 2001.

    Anyway, speculation is a major part of the China market.
     
  9. low

    low New Member

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    There is this saying in China.



    If the market is healthy, gold do well in September and October is the month for silver.

    Looks good.
     
  10. jc888888888

    jc888888888 New Member Silver Stacker

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    2002 1/10 was wacky at 900 now 1200 HMMMMM ,all mcm jumped 10% in a week
     
  11. digoxin

    digoxin Member Silver Stacker

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    Glad I am not in the market for gold fractionals.
     
  12. fishball

    fishball New Member Silver Stacker

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    I blame yennus for market manipulation.

    How dare he manipulate my investments to grow at a 15% rate over 3 weeks.

    /sarcasm
     
  13. Reggie Perrin

    Reggie Perrin New Member

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    230856952969

    A NGC MS69 2001D 10Y; Auction just ended and it went for $302 USD... amazing.
     
  14. fishball

    fishball New Member Silver Stacker

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    That's nuts. Last month it was still around $180?

    o_O
     
  15. digoxin

    digoxin Member Silver Stacker

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  16. silverstar1

    silverstar1 New Member

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    thats strange , a bidding war maybe or are these going up in price as well?
     

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