New to Panda's

[IronBuick]

Hey everyone,

This is my first post but I've been reading here for awhile (without an ID). The general consensus here seems to be that NGC graded coins are better than PCGS for panda's. Now, before I get to my question I want to give you a little bit of background in the hopes that I'll answer any questions you might have about me and my motives.

First of all, my main objective right now is investing. But only investing for 4.5-5 years. I am a high school senior and rather than let my money sit in the bank over college (where I'll be taking some student loans most likely) I want to invest it in something to sell off when I graduate to help pay off any debt I accumulated. I would love to collect in future years, but right now, I see them as an investment. I was looking at buying them from APMEX but I noticed almost all of their graded coins were through PCGS. Would it be a bad move from an investing standpoint to buy PCGS graded coins from there to sell in 2016 since NGC is more preferred? I was planning on buying a 2008 MS70, a 2010 MS70, and probably OMP 1990 one SD and one LD.

Any advice on those coins, PCGS/NGC, or any other panda's for investing (I am a high school student though, so I don't have massive funds to deal with) would be greatly appreciated! Thanks!

 

[fishball]

Hey everyone,

Hi and welcome

This is my first post but I've been reading here for awhile (without an ID). The general consensus here seems to be that NGC graded coins are better than PCGS for panda's. Now, before I get to my question I want to give you a little bit of background in the hopes that I'll answer any questions you might have about me and my motives.

For now I believe so because NGC attributes varieties (to some degree) and also has NCS which conserves silver coins. I personally like the NGC holder better.

First of all, my main objective right now is investing. But only investing for 4.5-5 years. I am a high school senior and rather than let my money sit in the bank over college (where I'll be taking some student loans most likely) I want to invest it in something to sell off when I graduate to help pay off any debt I accumulated. I would love to collect in future years, but right now, I see them as an investment. I was looking at buying them from APMEX but I noticed almost all of their graded coins were through PCGS. Would it be a bad move from an investing standpoint to buy PCGS graded coins from there to sell in 2016 since NGC is more preferred? I was planning on buying a 2008 MS70, a 2010 MS70, and probably OMP 1990 one SD and one LD.

I would suggest buying graded Pandas through eBay USA because you can use eBay bucks (it's called that isn't it) and generally prices are lower on US eBay than APMEX.

Any advice on those coins, PCGS/NGC, or any other panda's for investing (I am a high school student though, so I don't have massive funds to deal with) would be greatly appreciated! Thanks!

A 2008 MS70 is nice but not sure about the 2010 since it's mintage shot up a fair bit (still relatively small). If possible I would suggest getting some older Pandas such as the 90s and expo pandas as the 2012 SG Expo Panda will most likely drag up a lot of the older expo panda's prices.

 

[Thor122]

Hey everyone,

Hi and welcome

This is my first post but I've been reading here for awhile (without an ID). The general consensus here seems to be that NGC graded coins are better than PCGS for panda's. Now, before I get to my question I want to give you a little bit of background in the hopes that I'll answer any questions you might have about me and my motives.

For now I believe so because NGC attributes varieties (to some degree) and also has NCS which conserves silver coins. I personally like the NGC holder better.

First of all, my main objective right now is investing. But only investing for 4.5-5 years. I am a high school senior and rather than let my money sit in the bank over college (where I'll be taking some student loans most likely) I want to invest it in something to sell off when I graduate to help pay off any debt I accumulated. I would love to collect in future years, but right now, I see them as an investment. I was looking at buying them from APMEX but I noticed almost all of their graded coins were through PCGS. Would it be a bad move from an investing standpoint to buy PCGS graded coins from there to sell in 2016 since NGC is more preferred? I was planning on buying a 2008 MS70, a 2010 MS70, and probably OMP 1990 one SD and one LD.

I would suggest buying graded Pandas through eBay USA because you can use eBay bucks (it's called that isn't it) and generally prices are lower on US eBay than APMEX.

Any advice on those coins, PCGS/NGC, or any other panda's for investing (I am a high school student though, so I don't have massive funds to deal with) would be greatly appreciated! Thanks!

A 2008 MS70 is nice but not sure about the 2010 since it's mintage shot up a fair bit (still relatively small). If possible I would suggest getting some older Pandas such as the 90s and expo pandas as the 2012 SG Expo Panda will most likely drag up a lot of the older expo panda's prices.

I too think is better buy 199x or 198x ngc ms69 pandas better than 2010 or 2008 ms70.

 

[comeaux]

Any advice on those coins, PCGS/NGC, or any other panda's for investing (I am a high school student though, so I don't have massive funds to deal with) would be greatly appreciated! Thanks!

Hello ironbuick ... Welcome to Silver Stackers !!!

It is your money to do with what you want but if you don't have much money to work with it may be better to stick with bullion for now as numismatics are a good investment but they will also require much more research, knowledge and money to do what you are trying to do.

Most people (not all) who collect numismatics also stack bullion as well.

There is no problem to slowly accumulate some numismatics along the way as you stack bullion but in your situation/scenario I think going all numis will be difficult.

That's just my opinion and I wish you good luck.

There are a lot of good people here to offer advice regardless of which you choose to do.

 

[musemellow]

a 2008 MS70, a 2010 MS70, and probably OMP 1990 one SD and one LD.

Welcome to SS,

I'd advised against investing for 2010 MS70 since there are too many of these in the market, this won't give the best return

2008 MS70 is probably better investment

I think 1995-1997 is good because the price is comparatively lower

 

[heyimderrick]

I too would suggest diversifying your investment to include bullion and numismatics...maybe a 60:40 split. I'm going to assume that you have a limited budget to work with, and with that in mind, you want to get the most for your money. I'd focus on accumulating ounces (silver and gold) over numismatics first. Get a solid investment base, take some time to research the numismatics that you can afford and offer potential returns, and then make further purchases from there. You should treat your investments in precious metals/coins like any other, and avoid putting all of your eggs in one basket. Plus, if you're like the lot of us, you'll get attached to your numis and won't want to sell them, lol. When that happens, you'll be happy to have a stack of generic, low-premium bullion to liquidate to pay your debt.

 

[apples]

Pretty cool to see a high school student thinking about this type of thing. Starting early in life is a great advantage and I wish you great success.

I'm a huge panda fan, but personally I think low premium bullion is a better play from a pure investment play. Numismatic and graded coins have more risk associated with them, in my opinion, due to the subjectivity and fluctuation in demand. Where as plain gold and silver bullion are more apt to give you solid and reasonable investment appreciation.

If you want to play both sides of the fence, I think the Canadian Wildlife Series merits a look. You can currently get the newer issues pretty close to spot price, and the older issues have shown to appreciate for the design as well as the bullion price. So you get a bit of both sides with the expense at the lower end of things.

 

[IronBuick]

As far as building a stack of bullion silver, what would you guys think of the APMEX year of the dragon 1oz round? It's $2.19 over spot. Would it demand any amount over spot for being a dragon coin in future years (even though it is not a Perth Mint lunar coin or a similar series from another mint).

In essence, would it be a better play over their generic silver which is $1.29 over spot.

Thanks everyone for their input so far!

 

[silverstar1]

As far as building a stack of bullion silver, what would you guys think of the APMEX year of the dragon 1oz round? It's $2.19 over spot. Would it demand any amount over spot for being a dragon coin in future years (even though it is not a Perth Mint lunar coin or a similar series from another mint).

In essence, would it be a better play over their generic silver which is $1.29 over spot.

Thanks everyone for their input so far!

If you are going the generic silver route I think the apmex bars and rounds (I like the bars better) are very nice looking , at least the ones I bought when spot was low. But dont expect any premium on these or any rounds when you sell them , it is possible but not likely , these you would just be betting on spot increasing. My opinion for what it is worth is to get a few rounds or bars like those, also get the best deal you can on the lunar series coins ( not the 1 0z dragon unless you can get them for $60 or under) there should be other sizes of the dragon starting to flow soon at pretty close to spot , and you should still be able to get a good price on rabbits and 1 oz mouse. Then I would get some Kookaburras and brittanias if you can get them close to spot like spot + $5-$8 and then a few 69- 70 graded pandas (I like ngc better but... )and 90s omp if you can get good prices . I think that is a good starting point, maybe a little gold if you can, then I think in 5 years you might be suprised that some of your coins might have gained a nice premium over the years regardless what spot does. I think in the beginning at least it is good to diversify some but still keep with popular good quality coins like lunars, pandas , kooks, and britts.