Modern Chinese coin investments LIST #107 - CC, 68, 69, 70, mintage

F

fishball

New Member
Silver Stacker
#107 of Emperor Badon's words ;)

It has been a busy week at the Chinese Coin Forum. In this article, I'm covering many of the most interesting topics discussed there recently, as well as some further insights that digress from them. Buying activity is on the increase, and it appears demand is primarily coming from China now, with Chinese buyers raiding the American Ebay listings for cheap coins. The release of Ge Zukang's new book may be at least partly responsible for the increased interest amongst Chinese buyers, but we are also heading towards the peak of the busy season too.

This has been a pretty mild busy season so far, but the peak probably won't occur until between the end of december and late February. If inflationary measures have a sustained effect, we may see a late peak that carries on throughout much of the spring. More about inflation later in the article.
Click to expand...

http://www.livebusinesschat.com/smf/index.php?topic=4850.0

Just bought Mr Ge's book myself, should provide a good read over the new year :)
 
I recived my copy of "Book of China Modern precious metals Illustrated Catalogue"

I can't read Chinese but I can make out the mintages in there and see all the photos.
 
Didn't know it was in Chinese, guess it's to be expected though since it's written by a Chinese coin expert.
 
I was hoping to raid US eBay for cheap MS69s because I got them last week but it seems the Chinese either read Badon's words or I am unlucky :P.

Tried to bid in around 5-6 auctions but only won 2 and they were key date coins which are upward of $200/coin, the cheaper coins such as 2005 MS69 (compared to 98/99/00) have a solid floor of around $110 give or take. Was hoping to hunt it for sub-100, but it seems impossible ;)

There's some pretty strong bids over on eBay, I saw the 1999 1/4oz LD/SD go strong for $900+ among others. There might be market weakness but it's still hard to find bargains, even the frosted 2000 is going back up in prices to $450+ from the lows of $395. Considering I bid in a few auctions with awkward ending times and still barely won (and lost some) shows that the market is there, maybe because I am buying common (relatively) pandas and not bimetal or crazy rare stuff.
 
I've been noticing the same. Many coins hit a low and are bouncing upwards. Some coins like the gold plated Beijing expo series are approaching their recent highs.

Still, there are bargains to be found from time to time. I've started noting the new highs and new lows in my commentary for each list.

BTW, list 108 is out http://www.livebusinesschat.com/smf/index.php?topic=4853.new#new

badon puts in his review of the Hong Kong auction that just concluded.
 
Teh silvers said:
I recived my copy of "Book of China Modern precious metals Illustrated Catalogue"

I can't read Chinese but I can make out the mintages in there and see all the photos.
Click to expand...

Got my book today, looks awesome!

A modern chinese coin collector with a chinese book, mwahahaha the possibilities are endless!

Pretty surprised how quick it came, only took 10 days whereas my other order from him took 1 month+...
 
You must log in or register to reply here.
Back
Top