[opinion] 2012 Singapore coin show proof panda

Modern Chinese Coin Master "poconopenn" at CCF had a very good post a while back about COA numbers and how they are not indicative of "true" mintage numbers nor sequential order of when the coin was minted.
 
People who received the medals can go to china-mint forum and look up the differences in the first and second batch. Then may be post some pics and let us know what you got. There is a claim that not only 5oz ones, but also 1oz ones have differences.
 
This sure makes these medals very interesting right off the bat.. Does anyone know if all the first mintage were sold at the show or could some have escaped to the mailorders? I can wait to get mine from the PO today.
 
I remember them saying that the first batch would be sent to those who pre-ordered before the show in order to keep it fair :)
 
Just recived these 5 oz and 1oz, really nice looking medals, I am pretty sure they are from the second batch because of the sticker dates, the only problem is white spots on both the 5oz singapore coin side (obverse I guess) and 1 of the 1 oz does anyone else see the spots ?
 
pushingtin said:
I remember them saying that the first batch would be sent to those who pre-ordered before the show in order to keep it fair :)

I ear the same. I will send to ncs and ngc to avoid white spots and toning.
 
silverstar1 said:
Just recived these 5 oz and 1oz, really nice looking medals, I am pretty sure they are from the second batch because of the sticker dates, the only problem is white spots on both the 5oz singapore coin side (obverse I guess) and 1 of the 1 oz does anyone else see the spots ?

Could you post pics please
 
silverstar1 said:
Just recived these 5 oz and 1oz, really nice looking medals, I am pretty sure they are from the second batch because of the sticker dates, the only problem is white spots on both the 5oz singapore coin side (obverse I guess) and 1 of the 1 oz does anyone else see the spots ?


What are the sticker dates?
 
silverstar1 said:
Just recived these 5 oz and 1oz, really nice looking medals, I am pretty sure they are from the second batch because of the sticker dates, the only problem is white spots on both the 5oz singapore coin side (obverse I guess) and 1 of the 1 oz does anyone else see the spots ?

Yes , I saw the white spots as well and rejected them . Manage to get 3 which does not have these problem .
 
I posed a white spot question on CCF, let's see if Peter Yeung or anybody in the know will reply.

Hopefully our orders from PA do not have white spot.
 
The dates on mine were 3/28, mine did come from panda america ,I wonder if it would be worth sending back for ones without spots since I do not plan on conserving and grading ,they are not bad but they are there, otherwise they are very nice. I wonder why I get so many coins these days with spots is it just me ? am I just too dam picky? Idont remember getting coins in the past with them other than maples, but I think I look closer now.
 
As I posted before and has been discussed at CCF many times, the number a COA in is no way indicative of what coin a person has.

You could theoretically have COA #1 and actually have the last coin minted.

What people need to understand is there is not a person standing at the coin press with a stack of COA's in sequential order and stuffing them immediately in the box with coin. The COA's are just randomly added in any random order. Poconopenn at CCF has also established this as well.

The only reasons I mention this is because I have seen some euphoria over those who have COA's that are numbered in the first 255 but this does not mean that the coin is from the first batch. Lightsview even pointed out how his friend walked into Panda America and bought a 5 oz with COA #254.

To me it's not really a big deal with the COA number but I do like to get low numbers just as a novelty.

On a side note thor122 I have received all of your Singapore Panda's, two of each size and they look immaculate. I have not put the loupe on them but I see no flaws or spots with naked eye. The COA's on the 5 oz are #453 & #454. I just looked carefully at them and put them back in the box as I do not like to handle other peoples items, I only looked to tell you if they were spotted or not.

I will wait to hear your orders if you want me to ship to NGC/NCS or back to you raw. I think you will be happy my friend. :)
 
silverstar1 said:
The dates on mine were 3/28, mine did come from panda america ,I wonder if it would be worth sending back for ones without spots since I do not plan on conserving and grading ,they are not bad but they are there, otherwise they are very nice. I wonder why I get so many coins these days with spots is it just me ? am I just too dam picky? Idont remember getting coins in the past with them other than maples, but I think I look closer now.

silverstar1 ... it sucks about the white spots but as is it known whitespots are inherent in the process of minting silver so I am not sure if there is a "warranty" on these coins or not but you could ask for a replacement as it wouldn't hurt to try.

I agree with you as I despise white spots and fortunately never had a panda (yet) that suffered this fate although I did recently notice some on a few of my Maples which didnt bother me much as they are merely bullion.
 

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silverstar1 said:
Just recived these 5 oz and 1oz, really nice looking medals, I am pretty sure they are from the second batch because of the sticker dates, the only problem is white spots on both the 5oz singapore coin side (obverse I guess) and 1 of the 1 oz does anyone else see the spots ?

Could you post pics please

Here is one of several when I look close i actually see a few very small ones on the bear side as well. These are very nice coins , it just is a bummer when you pay 300 % over spot on release and get these spots.
 
Do you think that'll reduce the value of the coins?

silverstar1 said:
Here is one of several when I look close i actually see a few very small ones on the bear side as well. These are very nice coins , it just is a bummer when you pay 300 % over spot on release and get these spots.
 
comeaux said:
silverstar1 said:
The dates on mine were 3/28, mine did come from panda america ,I wonder if it would be worth sending back for ones without spots since I do not plan on conserving and grading ,they are not bad but they are there, otherwise they are very nice. I wonder why I get so many coins these days with spots is it just me ? am I just too dam picky? Idont remember getting coins in the past with them other than maples, but I think I look closer now.

silverstar1 ... it sucks about the white spots but as is it known whitespots are inherent in the process of minting silver so I am not sure if there is a "warranty" on these coins or not but you could ask for a replacement as it wouldn't hurt to try.

I agree with you as I despise white spots and fortunately never had a panda (yet) that suffered this fate although I did recently notice some on a few of my Maples which didnt bother me much as they are merely bullion.

WOw you have never seen a white spot on any of your pandas that is amazing ,I have not been a "collector" of pandas very long and I would have to say at least 30% of the pandas I have at least before NCS have at least some trace of spots looking with a naked eye . I will admit they are usually only visable in certain light and certain angles unless they are really bad. I have notice different types as well and much different types on different coins. For example the new colored dragon proof coin has really bluish spots on the queens side. I have also seen copper or iron colored spots on pandas.

I can think of several reasons for the spots and perhaps there are others as well but I think the mints should look carefully at it if they are going to be charging 100s of percent over spot.

Cause 1 contamination or biproducts in the mining /refining stage
Cause 2 contamination or biproducts in the production of the planchets
Cause 3 contamination or residue in cleaning the planchets
Cause 4 contamination or residue on the dies themselves or in cleaning/lubrication of the dies
Cause 5 Contamination or residue in the cleaning, transport or final stage of the minting process

I also recently read about fungus growing on coins as well , any more info about what this looks like or any other info on spots in general would be very helpful.

Just mainly talking about silver coins here .
 
ikegass said:
Do you think that'll reduce the value of the coins?

silverstar1 said:
Here is one of several when I look close i actually see a few very small ones on the bear side as well. These are very nice coins , it just is a bummer when you pay 300 % over spot on release and get these spots.

True= yes.
Theory=not.
But i will never buy milk spot coin. And other colleccionist make the same
If you saw the auctions in ebay the spotted coins sell for much less than the spot free.
 
ikegass said:
Do you think that'll reduce the value of the coins?

silverstar1 said:
Here is one of several when I look close i actually see a few very small ones on the bear side as well. These are very nice coins , it just is a bummer when you pay 300 % over spot on release and get these spots.

Absolutly I do , I dont think they will be less than I paid but if say these end up with a few hundred dollar extra premium I am sure people will want ones that are free of spots. These mints are making a fortune on these coins and I would expect better quality controll. Same thing on my 2012 5oz silver chinese lunar dragon fan and that cost $1300!
When paying a few dollars over spot for bullion i dont care that much but this is different.
 
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