Seen this panda before?

Discussion in 'Modern Chinese Coins & Medallions' started by smokymcpot, Nov 17, 2012.

  1. smokymcpot

    smokymcpot New Member

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  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Price?
     
  3. smokymcpot

    smokymcpot New Member

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    Let's just say the price for the MS69, I can buy almost 2 MS 68.
     
  4. low

    low New Member

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    Simple way:

    If MS69 : MS68 is 1 : <= (less than or equal to) 2, buy MS68

    If MS69 : MS68 is 1 : > (more than) 2, buy MS69

    Today's MS68 could be tomorrow's MS69.
     
  5. smokymcpot

    smokymcpot New Member

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    What? Haha. Was never good in maths.
    Ms 68 is 200 while Ms 69 is 320 I got offered for a 1994 SD 1oz
     
  6. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Try to buy the best quality you can afford but.... shop around.

    Buy quality not quantity!

    For a long term investment, modern coins need to be perfect imo :)

    If you aren't sure what to buy, sit back, have a coldy, look at the prices and then think about why you want to buy.

    Don't rush - there will always be bargains.


    Cheers

    H
     
  7. smokymcpot

    smokymcpot New Member

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    Oh cool, thanks!

    I have an option of getting a MS69 1994 SD panda or 1oz MS68 SD and LD panda.

    Thoughts?
     
  8. low

    low New Member

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    Take a close look at both coin, under strong lighting and loupe, then you will know which to buy.

    Numerical grade is only meaningful when you buy coin on sight unseen basis. In public auction where a buyer can view the coin, MS69 may not have advantage over MS68.

    I agree you have to buy the perfect coin, but 69 or 70 doesn't mean the coin is perfect. 68 definitely doesn't meant the coin is less than perfect.

    Ask yourself, how many times you inspect your MS69 or even 70 coin under strong lighting and good loupe, just like the grader do?
     
  9. smokymcpot

    smokymcpot New Member

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    Yeah, I'm buying overseas so I won't be able to examine the coin itself and only from pictures.
    I do use a loupe once in awhile for my OMP's sometimes just for the heck of it and some times to see dirt.
     
  10. basSist

    basSist New Member

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    my 1996SD MS68 vs MS69 ... I bought them separately. and inspected them.. the MS68 condition is much more better than the MS69 one. :eek:
     
  11. basSist

    basSist New Member

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    if you want to get OMP, please accept it has some defects or dirts or even tone and spot. those rare panda with fine-perfect condition already been bought and sent for grading already.

    keep bargain and the seller will give you the other coin that suit for the price range.

    if you can't accept any defects, please buy MS70. because they will make u more comfortable, even thou maybe the MS70 also having some defects. but 'MS70' labelled on the slab will make u okay with that defects.
     
  12. kucingfight

    kucingfight New Member

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    lol, exactly, it has been discussed already, grading is subjective, human judgement, and that includes factoring graders' mood on that particular day
     
  13. smokymcpot

    smokymcpot New Member

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    Haha, alright guys!
     
  14. eurokrem

    eurokrem Member

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    @smokycmpot

    Hello smoky, that is not a CoA, its a Collecting Paper and was distributed with all MDM Collectible Coins, MDM was one of biggest China Distributor in Germany.
    Some People collecting those Papers but it may be buyed without the Coin, there are no CoA for 1/2oz Ag Pandas, only 1997 and 1998 HK Expo 1/2oz Panda have a CoA.

    Price is spicy.
     
  15. smokymcpot

    smokymcpot New Member

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    Oh very nice. Thanks for the information.
     
  16. Catseye

    Catseye New Member

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    PandaStats on 1993 1/2oz silver OMP

    Statistics
    Average Price: $73.58
    Highest Price: $125
    Lowest Price: $51.2219
    Total Sales in Dollars: $1030.1062
    Number of Sales: 14
    Standard Deviation: $22.75353269173
    Median Price: $60.95025
     
  17. jc888888888

    jc888888888 New Member Silver Stacker

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    Anybody got any at average price of 75.00usd I will take 50 in OMP:)............ stats are very decieving .............. market is another matter
     
  18. Catseye

    Catseye New Member

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    Stats come from market but were from June, my lazy bad.
    Here are updated stats.

    EDIT: Oops those were '95's
    Here are updated '93's.

    Statistics
    Average Price: $73.58
    Highest Price: $125
    Lowest Price: $51.2219
    Total Sales in Dollars: $1030.1062
    Number of Sales: 14
    Standard Deviation: $22.75353269173
    Median Price: $60.95025

    Last reported sale: 1 200760636338 12 bids 1/2oz Silver 1993 OMP OMP $76.00 2012-05-22

    Here are completed sales at eBay. http://www.ebay.com/sch/i.html?_fro...ct=&LH_SALE_CURRENCY=0&_sop=12&_dmd=1&_ipg=25
     
  19. Catseye

    Catseye New Member

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  20. jc888888888

    jc888888888 New Member Silver Stacker

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    yep.....like I said stats are very decieving :) 12 bids on an omp on May 22 2012 for a sale of 76usd ,that might as well be 5 years ago :), as far as the panda 5y market is concerned ,go try to buy some for any where close to that price today,sure you may snipe one off of e bay for around that if your lucky,but I have been talking to pretty big dealers in Shanghai they are looking for 180 usd each in OMP 10 ct sheets 1998, common dates 96,97 have gone up 25usd per coin in the last week and only going higher ,these are a very under estimated low mintage segment of the panda market IMHO ,all 5y panda,s where like the unwanted stepchild of MCC for years, I really have no definitive answer on what lit the fire,maybe Peter,s commentary? but they are white hot ...so like I said stats can be very decieving.
     

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