Silver Pandas to the moon ?

Discussion in 'Modern Chinese Coins & Medallions' started by ninteno, Jun 18, 2015.

  1. ninteno

    ninteno Member

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    ninteno, Jun 18, 2015
    #1
  2. trozau

    trozau Member

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    Dunno. In the Chinese Coin Forum, PandaAmerica posted to buy large quantities of Silver Pandas from 2003 thru 2014. Kinda weird that a panda distributor would be looking to buy to augment their inventory from the secondary market. :/
     
    trozau, Jun 18, 2015
    #2
  3. Altima

    Altima Well-Known Member Silver Stacker

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    So that's why lately there's so many people wanting to buy pandas.

    Is there a genuine demand or just a distributor creating a false demand due to low spot prices?
     
    Altima, Jun 18, 2015
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  4. fltacoma

    fltacoma Member

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    Dealers are marking up their pandas by $2.00 since monday.
     
    fltacoma, Jun 18, 2015
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  5. trozau

    trozau Member

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    I would NOT think that a distributor wanting to buy large volume of previous year issues is enough to affect the prices. More likely they have first hand info on a real demand they want to cash in on. :|
     
    trozau, Jun 18, 2015
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  6. Altima

    Altima Well-Known Member Silver Stacker

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    Well that could be true but it has already achieved its desired effect. In the local forum in Singapore alone, so many people are suddenly looking to buy past year pandas. Makes for an interesting observation!
     
    Altima, Jun 18, 2015
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  7. trozau

    trozau Member

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    trozau, Jun 18, 2015
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  8. Altima

    Altima Well-Known Member Silver Stacker

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    Thanks for posting that. Seems to have some effect on the prices somewhat :

     
    Altima, Jun 18, 2015
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  9. jc888888888

    jc888888888 New Member Silver Stacker

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    it is the Nanjing exchange driving prices in some part ..but also I think we have turned a corner on pre 2009 panda,s for sure. the 2010 price as far as I'm concerned at apx $60 each isn't that much more than it should be even though price is driven by speculation .when silver spot was $30 that is what the coin sold for .IMHO there will be some folks 5 years from now saying to themselves "damn I should of bought that stuff in 2014,2015:)" you normally know when a bottom is when it passes you by:) waiting to pick that absolute moment in time and getting it right is extremely difficult.
     
    jc888888888, Jun 20, 2015
    #9
  10. barsenault

    barsenault Well-Known Member

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    I just can't wrap my head around 12 million minted (what I've hear it may be this year??) and the price for a 'normal bullion coin.' But, I could be the guy that the train left on...oh well. :))
     
    barsenault, Jun 20, 2015
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  11. Altima

    Altima Well-Known Member Silver Stacker

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    Lol barsenault. I'm with you on that train and I ain't complaining! :p
     
    Altima, Jun 20, 2015
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  12. mmissinglink

    mmissinglink Active Member

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    Once you go sub 1,000 mintage, all coins begin to appear like a mass produced ASE bullion coin. :lol:





    .
     
    mmissinglink, Jun 20, 2015
    #12
  13. jc888888888

    jc888888888 New Member Silver Stacker

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    ahhhhhhhhhhhhh pre 2009 is where you want to be
     
    jc888888888, Jun 22, 2015
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