silverstar1
New Member
What exactly is this report? sounds very interesting but way out of my league ( I dont speak or read Chinese).low said:
2012 World Money Fair in Philly...Release of 2012 ANA Silver Panda
- Thread starter silverbulldog
- Start date
silverstar1 said:
This is example of Shanghai Mint annual report.
http://item.taobao.com/item.htm?id=14732128557
silverfever
New Member
This medal in a 69 could be breaking the $100 barrier soon. It has gone as low as $103.00
I thought i was getting a good deal when i got my 69 in the $130s.
I thought i was getting a good deal when i got my 69 in the $130s.
No worries. When you hear Panda America hypes up the coin show in 2013 and selling yet another official panda medal, sell your 2012 medal if you don't plan on holding it.
I am confident in their marketing hoo-haa, so you will be fine.
Perhaps you may even regret for not buying more at current price when they fire up their marketing machine.
I am confident in their marketing hoo-haa, so you will be fine.
Perhaps you may even regret for not buying more at current price when they fire up their marketing machine.
low said:
I'm not... if they were THAT good this medal would be @ $200+ not ~$100 in PF69.
I and many others probably buy MC medals/coins based on the following criterion (or some of them):
- Mintage
- Design
- Wow factor
- Issue Price
- Cultural significance
Marketing is very very very very low on my list of stuff to consider when buying coins. In fact, it probably gives me a negative signal if I get bombarded with marketing material.
YMMV.
fishball said:
They are in the business of selling the coin show, and the panda medal as a byproduct. Just look at the hype they created during the coin show and they are done with that now.
Hence the price gone down to ~$100.
But so many were buying when they hoo-haa about the first official medal in 15 years. People don't say, let's wait until the hoo-haa is over. They play the greed and fear factor and they win, both the coin show and the medal business. Who care what the current price is? Certainly not Panda America.
Come 2013, it is another fresh start.
Marketing comes in many form, some direct, some indirect. Just ask, how many people buy based on the LBC investment list? Isn't LBC investment list one kind of marketing material, and a reasonably influencing one?
silverbulldog
New Member
Thor122 said:Thor122 said:
I have a nice crystal ball
I win today a pf70 for 210
The pf69 go in ebay for aprox. 120
even though i purchased a 1 oz and 5 oz at the show i decided if the prices come down from the release price in PF-69 i would buy more.
I have been watching these for the past few weeks and i waited until there were like 6-7 in PF-69 being sold at the same time. I purchased one for $113- with free shipping.
Any of these that i can buy under $115 i will continue to do. I really like the design and worst case i hold on to them and they appreciate over the next 10 years. Best case after the market absorbs the 10,000 then the price goes up and i unload a couple of them.
I guess i could also give one to each of my brothers and my Dad.
I think when mcm finished with the flood. The prices in a few years go for more than 200 in pf69. But i think now are better examples to buy for cheap in ms69 with more earnings potential. But i need one for my collection. And dont like to saw the same happen with the singapore if i pay the release price plus grading fees.
Reggie Perrin
New Member
^ Congrats Thor122, I also picked one up for 111.
For those who bought at a higher price, I'm sure once this glut of coins has been pushed out prices will increase again... it's a nice looking medal.
For those who bought at a higher price, I'm sure once this glut of coins has been pushed out prices will increase again... it's a nice looking medal.