Not sure if this has been covered but can anyone say when the 2016 Panda is released? The real one, not one of the peripheral ones. As a bulk buyer of kooks and lunars someone on this forum convinced me that Pandas are a better bet. I don't know what I'm doing most of the time but the more volume I get the nicer it all looks. The thing bugging me at the moment is Monkeys vs Kangaroos vs Pandas. Max out one or spread across all. It's a mystery.
2016 Panda
- Thread starter rjimlad
- Start date
why not buy 2015 now since silver spot is low?
picturefun
Member
andrewlee10 said:
price for Panda does NOT float too much with the spot silver price. I bought several 2015 panda from providentmetals on July 17 paid $23.27, the spot was a little above $15, now is $14.6x, I just looked at it, the price is $23.33 or so
http://www.kitco.com/scripts/hist_charts/monthly_graphs.plx
APMEX price was a little lower than Providentmetals when I bought it, and now, about the same. And seems provident does not do grading, on Panda at least, so coins are not cherry picked. But APMEX sells graded too, then their must be picked through.
This is the difference between paper and physical price. Wall street can manipulate all they want, but physical price is NOT necessarily follows.
Quick question - any idea usually when 2015 pandas will bump up in premiums straight from bulliondealers (in australia at least)? Is it after the annoucement of the 2016s or some other date?
picturefun said:
I do a quick flip and not likely for me to wait USA send to Singapore.
Bank wire and clearance of cheque is a pain for me.
picturefun
Member
johnnyhann said:
Usually when BoC starts to make next year coin, so no more 2015 coins will be minted any more. but since the 2015 mintage must be in millions, do not count on significant appreciation in a long time, just IMHO