The $15,000 (almost) 12 oz. silver Panda

Discussion in 'Numismatics' started by Pandacollector, Dec 27, 2010.

  1. Pandacollector

    Pandacollector Active Member

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    Last week a 12 oz. silver Panda medal auctioned on eBay Germany for $14,726 (US)*. A Shanghai auction saw a pair of Panda gold medals sell for nearly $6,000 apiece. For a long time many people thought that Panda medals would forever be overshadowed by the coins but it looks like that is ending. Of course, many Panda coins are moving up in price, too.

    Best wishes,
    Peter Anthony
    Panda coins bears gone wild! Read all about it!
    http://www.pandacollector.com

    * http://cgi.ebay.com/ws/eBayISAPI.dl...=r5Ynv%2FjXDi2zz9%2FKix1ocmuZs8A%3D&viewitem=
     
  2. Blockhead

    Blockhead Active Member

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    too many fakes
     
  3. Pandacollector

    Pandacollector Active Member

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    Blockhead,

    You could have bought one (or more) for $2,200 just a year and a half ago. That works out to something like 380% per year profit.

    Best wishes,
    Peter Anthony
    http://www.pandacollector.com
     
  4. Blockhead

    Blockhead Active Member

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    i just mean, with pandas in general, there are soooo many fakes out there, I simply refuse to buy any. In my casual travels i have seen or been shown fake 1oz gold, 1oz silver and 1kg silver pandas. You have to really be on your toes. Just puts me off wanting to buy any.
     
  5. Dynoman

    Dynoman Active Member

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    I was thinking about buying some painted proofs, they are so cheap right now compared to any other proof Pandas. Think they could be a good investment.
     
  6. Pandacollector

    Pandacollector Active Member

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    Nowadays there are too many fakes of nearly everything. I wouldn't buy anything that I'm not familiar with, or at least have someone I can ask about it. One reason to get familiar with Chinese coins in general is because genuine ones are rising in value so much. I try to answer questions about Pandas on this board, but for anyone really curious I suggest taking a look at the Chinese Coin Forum: http://china-mint.info/forum/index.php. There are folks there at every level of knowledge from "I just got one of these for Christmas" to some of the world's outstanding collectors, investors and experts in Chinese coins. The tone of conversation is very friendly, too.

    Best wishes,
    Peter Anthony
    http://www.pandacollector.com
     
  7. Pandacollector

    Pandacollector Active Member

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    You're right, they are extraordinarily cheap compared to other Panda proofs. The official mintages are higher than most proofs but those figures only represent the maximum that could be minted, not what was actually struck. I think you are may be on to something.

    Best wishes,
    Peter Anthony
    http://www.pandacollector.com
     

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