88shanghaicoins said:
Many rare coins is hiding by dealers. If you need a rare stuff you need connections or how chinese said "Guangxi". some od coins are resealed even have a fake COA.
but Jumen lu is a heaven for MCC !
Hi,
Gonna fill in with my limited expeiences as a rookie in Shanghai!!
I've just moved to Shanghai and I will work here as an expat for a few years. Originally I come from Sweden and I'm a member of their PM-forum. I've been stacking silver and gold for a few years and I also like Swedish numis like Oskar II's silver and gold coins. The Pandas are relatively new to me, I just have a few of the 2011-12 bullions since they are beautiful.
In Shanghai I've only been to the store "China Gold Coin" on the corner of ShimenYiLu/WeiHaiLu and bought a few 2012 Panda Gold and Silver bullion. I've basically only learned that cash is king and European cards sucks when you want to buy coins. I've also learned the hard way that they stop sell Silver Pandas at 4pm, the prices for Silver bullion are higher than in Germany and that the shop closes at 5pm. When it comes to gold bullion the prices are decent at CGC(RMB11,800 for a 1 Oz 2012 Panda), and better than the local bank(RMB13,000 for a 1 Oz 2012 Panda). You can also get a fair deal on the 5 coin(1.9 Oz) boxed set Au-Pandas(1.9Oz=1+0.5+0.25+0.1+0.05Oz).
I've also learned that you can buy a few 1kg's goldbars at Carrefour to spice up your weekly shopping trip. Haha... I love this town!!
It's been an OK start for a rookie like me but I understand Shanghai has so much more to offer and I want to start tasting it. Since I registred at silverstackers.com I see that you guys love the Pandas and some of you guys are living in Shanghai.
If you're interested in company when you will visit some PM-coin stores next time.. Send me a PM.
Thanks,
M.