What is the most expensive 1oz bullion coin in the last 20 or 30 years

i'd think perth mint 1 ounce ingot. currently already scrolled at 400-700 AUD range per piece
 
Ipv6Ready said:
I wasn't looking for a specific coin, was trying to see if there is a pattern to what makes a coin expensive, I was thinking design had a big factor, but it seems design is not the end all.

For example I can see the pandas becoming much more expensive, as the Chinese population gets richer I'm sure new collectors will be seeking early years. However the design is average.

The more I get to know silver bullion coins, there seems to be four different categories for pricing.

1. At spot - nicked or spotted or not popular at all.
2. Low premium or coins that has become unpopular after initial release.
3. Premium - 25% to 50% current year montages to 300% depending on popularity vs scarcity past years.
4. Super high premium, rarity be it low mintage or not in circulation ie resold much.
Click to expand...

Without a doubt Pandas are a locked in profit. If you're big into silver, 30oz a year at least should go to a sheet of 1oz pandas.

You get progressively happier with each passing year.
 
Aureus said:
Ipv6Ready said:
I wasn't looking for a specific coin, was trying to see if there is a pattern to what makes a coin expensive, I was thinking design had a big factor, but it seems design is not the end all.

For example I can see the pandas becoming much more expensive, as the Chinese population gets richer I'm sure new collectors will be seeking early years. However the design is average.

The more I get to know silver bullion coins, there seems to be four different categories for pricing.

1. At spot - nicked or spotted or not popular at all.
2. Low premium or coins that has become unpopular after initial release.
3. Premium - 25% to 50% current year montages to 300% depending on popularity vs scarcity past years.
4. Super high premium, rarity be it low mintage or not in circulation ie resold much.
Click to expand...

Without a doubt Pandas are a locked in profit. If you're big into silver, 30oz a year at least should go to a sheet of 1oz pandas.

You get progressively happier with each passing year.
Click to expand...

Yup thinking that, I shall start collecting current year pandas. China with a billion plus population with ever increasing disposable income, even if silver was a tiny hobby, premium for pandas will be high for long time. Even if they sold 10,000,000 a year its tiny compared to Silver eagles.

I just read on BBC that greater china (inc HK and Macao) buy 25% of all iPhone sold in the world (ie Chinese LTE version) according to Apple annual report, that's huge. Surely one need to earn $US20k to $US30k before they can afford an iPhone, begs the question what percentage of Chinese people earn $US20K or higher per year.
 
I couldn't agree more with Aureus and IPV. China bullion is a must have for any stack. I bought these 2016's at just a tad over 20.00 each. Their price has already begun to climb. I don't know of a year of the bullion that has climb substantially from their issue price. I can't wait to see the 2017. I have to save my pennies for it.
 
I think if I buy bullion coins I would be collecting Libertads, Lunars and Pandas. Libertads because they are nice, Lunars and Pandas because they are changing design. As Pandas are super cute animals this makes them also good as a gift for women and kids.:)
Yeah, growing purchase power of Chinese people is also a good reason.
 
Sorry if this has obviously been answered anywhere else, but are pandas prone to milk spots?
 
Like all govt issued bullion coins, they do indeed have problems with white spots. Not always, but definitely a problem on the Pandas. I think especially prevalent from 2010 -
 
mtforpar said:
Be careful...Pandas spot also and then the premium goes poof.
Click to expand...
yeah but you can't go into it with that mindset otherwise you miss out on the ones that end up being fine.

Even with casualties, buying a sheet a year is a very sound investment.
 
willrocks said:
At what point are they considered collectables and not bullion?
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Depends who you ask.


For me, it is more of less the way it's sold by the mint. If it has a generally higher premium and if the individual coin (or medal) comes in an individual box, then it's a collector item. If several coins come packed in plastic tubes then it's going to be bullion.

Generally speaking.




.
 
Aureus said:
mtforpar said:
Be careful...Pandas spot also and then the premium goes poof.
Click to expand...
yeah but you can't go into it with that mindset otherwise you miss out on the ones that end up being fine.

Even with casualties, buying a sheet a year is a very sound investment.
Click to expand...

I hear what you are saying and I suppose in general you are right. I got burned pretty substantially on 2012 and 2013 slabbed MS70 Pandas. Buying one or two of anything is not that big of a deal .....when you have 50 of them loaded with milk one year later one has to reevaluate whether that is a strategy worth repeating. That just not a risk for me until the milk spot phenomenon gets under control.
 
Wow MT, that sucks. That many Pandas riddled with spots. Yikes. As someone in one of the forums said, if he is interested in collectibles or semi-numi coins, it is best to buy gold, because at least you have the gold content to fall back on. Meaning, I have a good chunk of Chinese silver coins and medals that cost me a pretty penny...more than the cost of a 1 ounce gold semi-numi coin...granted it is rare, but if it gets white spots, and milk stains, bye, bye investment...anyway, I'll still collect semi-numi coins (pandas, kooks and lunars) if they happen to be priced the same as eagles or maples. If not, I won't buy. For example Pandas at 29.00, no thanks. At 23/24, sure thing. Just like the 2 oz PM lunars, at 45 sure...59, no thanks. :-).
 
I agree about the gold....the thing is though the upside is not as high on gold semi-numi ....very often one can get 4 or times the investment with silver ....with gold the premium does not sky rocket like that on most issues. The best thing I have found is to just make the best decision and don't look back. Those spots though stopped me on graded pandas at issue....same thing happened to me with Kooks and Koalas so I stopped with them on issue as well. I still buy them both but I don't load up like I might of in the past. Now I try to know the market and buy when I see value on coins that should already have milking if they were going to get it.
 
mtforpar said:
Aureus said:
mtforpar said:
Be careful...Pandas spot also and then the premium goes poof.
Click to expand...
yeah but you can't go into it with that mindset otherwise you miss out on the ones that end up being fine.

Even with casualties, buying a sheet a year is a very sound investment.
Click to expand...

I hear what you are saying and I suppose in general you are right. I got burned pretty substantially on 2012 and 2013 slabbed MS70 Pandas. Buying one or two of anything is not that big of a deal .....when you have 50 of them loaded with milk one year later one has to reevaluate whether that is a strategy worth repeating. That just not a risk for me until the milk spot phenomenon gets under control.
Click to expand...

I can understand something like that turning you completely off, luckily have not had that issue.
I check my coins 2-3 times a year, so far almost all are completely mint.
As a result I have often wondered how far spread the problem is, I could just be incredibly lucky up to this point...
 
I think MT opens the capsules and breaths some moist air on to them, and then puts them back in the capsule. LOL.
 
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