What should these have gone for?

Discussion in 'Modern Chinese Coins & Medallions' started by samboyellowsub, Jul 18, 2011.

  1. samboyellowsub

    samboyellowsub Member

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    A few weeks ago, I bought a 1991 1/2 oz gold panda in the mint package for 3% over spot, which is what my coin guy sells most of his gold for (even fractional! I know, its crazy). Last week I bought a 1984 1/10 oz gold panda for the same premium. I know they were a pretty good bargain, but how good? I've stared them both down and both coins swear to me that they're not fakes (i.e. they look pretty real to me).

    The thing is, in texas, I don't think there is a huge market for Chinese coins, especially in a small(ish) west texas town. Everyone here is busy buying ASE's or 90% junk silver. So, its understandable that they don't have the same premiums here, i guess.

    What say the panda people?
     
    samboyellowsub, Jul 18, 2011
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  2. jpanggy

    jpanggy Active Member

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    check APMEX.com that would give you the international dealer price. Although they are not the best priced -_-.
     
    jpanggy, Jul 18, 2011
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  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    If you subscribe to peter anthony's pricepedia, you'll get an idea of it's worth. :)
     
    mmm....shiney!, Jul 18, 2011
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  4. samboyellowsub

    samboyellowsub Member

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    according to apmex (even their buy price) I did pretty good.
     
    samboyellowsub, Jul 18, 2011
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  5. yennus

    yennus Well-Known Member Silver Stacker

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    I'm saying this tongue in cheek (jokingly)... don't get Peter Anthony's fantastic Pricepedia... that way you will likely undervalue the price of your Pandas and sell them to someone who will really appreciate their value :)

    Ok, joking aside :)

    Follow mmm....shiney's advice, get the Pricepedia and it will go a long way in helping you appreciate the current market rate for these Pandas.

    Hope this has been helpful :)
     
    yennus, Jul 18, 2011
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  6. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    What was spot at the time?
     
    mmm....shiney!, Jul 18, 2011
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  7. petercamperdown

    petercamperdown New Member

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    1991 1/2 oz - $1060.00 us
    1984 1/10 oz - $200.00 us
     
    petercamperdown, Jul 18, 2011
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  8. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    We'll call it $US1530. So, 1530/2 + 3% = $US787.95 = bargain. :)
     
    mmm....shiney!, Jul 18, 2011
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  9. jpanggy

    jpanggy Active Member

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    damn, that is a bargain. Compared to my $888, Im a loser.
     
    jpanggy, Jul 18, 2011
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  10. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    No mate not a loser, you still got a good deal.
     
    mmm....shiney!, Jul 18, 2011
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  11. fishball

    fishball New Member Silver Stacker

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    I'll take them off you for $888 so you don't lose any money what say you? ;)

    wahahaha
     
    fishball, Jul 18, 2011
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  12. jpanggy

    jpanggy Active Member

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    Psst, I know I do. Gotta make myself look bad or yennus will never forget what I did to him.

    @fishball

    I say I want to remain a loser :D
     
    jpanggy, Jul 18, 2011
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  13. thehuckler

    thehuckler New Member

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    Lol, mate yennus will never forget that, regardless.
     
    thehuckler, Jul 18, 2011
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  14. yennus

    yennus Well-Known Member Silver Stacker

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    painful memories... painful memories... but I'm happy they went to a good home *sniff* *sniff*
     
    yennus, Jul 18, 2011
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