Question for Panda Experts..Need help

Discussion in 'Modern Chinese Coins & Medallions' started by eyeball, Oct 1, 2013.

  1. eyeball

    eyeball New Member

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    Does it pay to buy slabbed 21012, & 2013 Ms-70 Pandas, to hold for lets say 2-4 years. There are 2013 slabbed Pandas for sale at lets say $65. Or are you better buying OPM because of the very large mintage. NGC has 22K ms-70 graded 2013

    Are you better off investing your money in older low mintage graded coins? My thoughts were older lower mintage Panda, would give a bette rlong term value


    Thx for any help

    Eyeball
     
  2. yennus

    yennus Well-Known Member Silver Stacker

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    Hi Eyeball, (imho) the best answer depends on the level of risk (and reward) you want to take on.

    2011-2013 OMP are fairly safe to assume that they will appreciate over spot silver with time. But it may only be a few percent each year.

    The earlier years (OMP are graded), are likely to appreciate over spot silver with time at a higher rate of increase - but their added costs increases the level of risk.

    When I started out, I initially began with the low risk bullion Panda purchases - but currently I'm mostly in high end numi Pandas - which have performed very well in silver terms - especially during this current silver slump.

    (E.g. Spot silver down 30%, Numi-Pandas up or down a couple of percent = Numi Pandas have recently increased spot silver purchasing power)
     
  3. gimmiethegold

    gimmiethegold New Member

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  4. yennus

    yennus Well-Known Member Silver Stacker

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    Wow$ $50AUD for a graded 2013 Panda is a bargain! :)
     
  5. Justfishin

    Justfishin New Member

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    More like $74 with shipping...:p
     

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