Meh! Not really a major leaguer. Just lucky to get in before all the madness. I would not be able to afford it if I had not started early.
Did not get a chance to get to the vault til this weekend. Terribly tough to photograph with the iPhone camera. Here's the best I came up with after a few tries: 1 troy ounce China Panda platinum (from top to bottom, left to right) a) 1987 New York coin show panda in platinum b) 1988 Basel coin show panda with platinum die struck in gold error (no actual platinum medals were struck) c) 1987 proof panda platinum d) 1988 proof panda platinum e) 1989 proof panda platinum f) 1990 proof panda platinum Source:
Hi, I was wondering why launch this separate forum only about Pandas? What is so special about Pandas? I'd really like to know why they are given so much importance in this community...
Panda tend to cross the line from bu to numis & often sell at 20xspot. They are made by 3 different mints & each has its own characteristic creating many varieties within the same year. Every year(except 2001/02) have different designs & this combined with very low mintages makes them highly collectable. Imagine how boring a "ASE" forum.. How boring. When the shtf.. Who will have enough $ to buy anything? And what would they like to buy? The small panda pack I have bought over the years has increased much more than spot! They are special
Pandas are generally profitable and a pleasure to collect. It can be generalized: Cash loses purchasing power over time. Bullion maintains purchasing power over time. Pandas increase purchasing power over time. A 2003 1oz Silver ASE/Maple/etc is only equivalent to a 2013 1oz Silver ASE/Maple/etc. (No real gain in purchasing power despite a ten year wait) A 2003 1oz Silver Panda is worth about 4-5x 2013 1oz Silver ASE/Maple/etc. (A 4-5x gain in purchasing power. If you have an exceptionally good quality MS70 2003 Panda, it can be worth up to 30x 2013 1oz Silver ASE/Maple/etc.)
Hi its my 1st time here and dont know anything about pandas but if i wanted to buy 1 to just put away what 1 should i buy and where can i get a good price from, my email addy is [email protected] and im based in Adelaide
Hi fantom. Welcome to Silverstackers. Thanks for your question. The best answer depends on a combination of risk, reward and time.
Hi Yennus, How does this hold with the current mintages on Pandas? For say purchases made this year? Is there somewhere we can find the mintages on gold and silver pandas for past years and predicted/announced for 2013 ? Keen to get into them - esp gold - but would like to consider mintages first as future value ultimately depends on that cheers
Hi Phiber, this is a good question. You might get a faster response if you asked in the main section of the Panda Forum, not in the "Welcome to the Panda Forum" section In regards to "Pandas increase purchasing power over time", this would apply to even the higher mintage years (2011-2013) for silver and gold Pandas. In 5-10years, I'm sure that even these common years would have a higher premium on them. Mintages can be found here: http://china-mint.info/ Though mintage levels are in their millions, take into consideration that demand for Panda coins have also increased many times over from previous years. Similarly, the mintage of 8million 2013 coins is very small in comparison to the population. Only one person in 175people (in China) is going to be able to have one (and that's assuming equal distribution, and non-world wide sales).
Thanks Yennus! Yes, I was wondering if I should create a new thread for this one! I think I will give it a shot for my next question. Thanks for your answer and for the link - good stuff!
