Author Topic: Convince me about Pandas.........  (Read 5188 times)

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Offline sasushi

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Convince me about Pandas.........
« on: March 25, 2012, 04:55:35 AM »
As a newbie to chinese coins I can't understand why there is such a hype to pandas.

My investment idea is buying chinese coins as long as the market isnt mature and coins are cheap. When will the chinese market get mature? I think when more and more chinese get attracted to the chinese coin market and buy, and buy .......and thats the point - what will the chinese mostly buy when they re getting deeper into buying their own coins????

My theory is that Pandas seems to be a western hype ....seems ....convince me

Here are a few thougts

1. As I can see- there are a lot of forum members which include panda somewhere in their name - whats your origin -? from eastern  or western countries?
2. In Ebay or other online platforms where one can buy chinese coins there are so much pandas...overwhelming  - is that an indicator for western demand (ebay user are more located in the western part of the world)

3. Chinese Rankings have more other coins at top than pandas (see list at ending)
4. Pandas are partly treated as bullion coins - I think there is an american counterpart - silver dollar ??

Conclusion: Is the Panda hype more driven by western buyers ??? Than there wouldn t be so much increase in prices (but i think theres has been some in the past) and the main growth can only be in coins which are higly demanded by the chinese themself - because of their growth of prosperity and population ... and not the one in western countries which is decreasing..


Thanks a lot your answers panda buyers  :biggrin:




List:


As in the topic I read from poconopenn there is a link to chinese coins with ranking (by the way - I dont know who the author is) and there you can see











« Reply #91 on: September 03, 2011, 08:13:01 PM » in Actual Mintages he speaks


   
Re: Actual mintages
« Reply #91 on: September 03, 2011, 08:13:01 PM »
   Reply with quote
Quote from: PandaCollector on September 03, 2011, 05:35:03 PM
Hopefully, Huang Rui Yong will be able to shed light on the mintage numbers at some time in the future.

Best wishes,
Peter Anthony
www.pandacollector.com

Huang Rui Yong does have a puclished article giving ranking of all modern Chinese coins.

http://www.bjjb.net/11/dispbbs.asp?boardid=76&id=115107

Pandas are giving in Table 4. No silver BU panda was ranked. 1983-1985 proof silver pandas was assigned 3 stars, and 94, 95 and 91 piedfort 2 oz silver proof pandas ranked 2 stars. Other silver proof 1 oz pandas are 1 star. IMO, Chinese collectors just do not care too much about BU silver pandas.

I translated the whole table with google..

New Chinese precious metal commemorative coins star list (the Huang Ruiyong) posted mood Post By :2011-4-23 21:29:00

0
  New Chinese precious metal commemorative coins star list (Huang Ruiyong)

5oz more than big Specifications gold: (treasures list, Chan stars)


 
★ ★ ★ ★ ★ ★ traditional culture kilograms of gold compass, the seismograph
★ ★ ★ ★ ★ ☆ Zodiac kg 8 g Lunar New Year commemorative gold coins
★ ★ ★ ★ ★ ☆ International 10 kg Jin Qianxi years
★ ★ ★ ★ ★ Lunar New Year of 1995 kg to 2006 kg of the Golden Pig Golden Dog
★ ★ ★ ★ ★ Sports 10 kg gold Beijing Olympics
★ ★ ★ ★ ★ political 5oz Golden Sun Yat-sen, kilograms of gold of friendship, friendship 5oz gold, the retrocession of Taiwan kg gold
★ ★ ★ ★ ★ Art 20oz Golden Peacock kg gold Qi Baishi, 5oz Gold Xu Beihong, 5oz Golden Dragon Boat Figure
★ ★ ★ ★ ★ traditional culture 5oz Jin Yandi
★ ★ ★ ★ ★ 18 two gold Buddhist Goddess of Mercy, three two three Golden Goddess of Mercy
★ ★ ★ ★ ★ animals 94, 96 kg of gold unicorn
★ ★ ★ ★ ☆ political 5oz gold Mao Zedong
★ ★ ★ ★ ☆ Zodiac 12oz, 12oz, Golden Monkey, Taurus, 12oz gold rabbit
★ ★ ★ ★ ☆ traditional culture 5oz Ann Kay Figure 2
★ ★ ★ ★ ☆ coins kg gold Datang town library
★ ★ ★ ★ ☆ classical literature 5oz gold Taoyuan trio, 5oz gold Battle of Guandu
★ ★ ★ ★ Zodiac Rooster 12oz - Golden Tiger, the 5oz round Golden Monkey - round gold rabbit, 5oz Fang Jinlong and square, Kinmen and Matsu
Jinlong Feng ★ ★ ★ ★ traditional culture, 20oz, 5oz gold Diagram of 5oz gold tomb, 5oz gold Nu, 5oz gold Hou Yi, 5oz gold Zheng Chenggong
★ ★ ★ ★ political 20oz Jin Jianguo 40th anniversary, 5oz gold return of Hong Kong group, the retrocession of Taiwan, 5oz gold
★ ★ ★ ★ Art 5oz Golden Peacock, 5oz gold children at play, 5oz gold Qi, 5oz Jin Dunhuang
★ ★ ★ ★ 5oz gold Changhua Big Buddha, Buddhism, 5oz gold gantry, 5oz gold Maijishan
★ ★ ★ ★ animals 94 ~ 96 5oz gold unicorn
★ ★ ★ ★ 5oz Gold Marco Polo International
★ ★ ★ Zodiac 12oz Golden Dragon ~ Golden Goat 5oz Yuan Jin Yi ~ round gold sheep, 5oz Fang Jin Yang ~ 5oz Fang Jinhu
★ ★ ★ political 5oz gold return of Hong Kong group, 5oz gold Macao's return to Group 1, 04 5oz gold Deng Xiaoping
★ ★ ★ traditional culture 5oz Ann Kay Figure 1
★ ★ ★ animal 5oz gold Chinese White Dolphins
★ ★ ★ classical literature 5oz gold Battle of Red Cliff, 5oz Gold Monkey King

 

2oz specifications of gold: (Volkswagen boutique, Marty)


★ ★ ★ ★ ★ International 1oz thickening of the Golden Year of the Child
★ ★ ★ ★ ★ traditional culture traditional culture of 1oz gold
★ ★ ★ ★ ☆ Sports, 16 gram thick Winter Olympics gold 20 gram thick Akin
★ ★ ★ ★ Buddhist 93 Goddess of Mercy of the refined gold coins, 94 1/4oz Gold Goddess of Mercy
★ ★ ★ ★ Zodiac 8 grams to 8 grams of the Golden Dog of the Rat, 96 1oz Rat
★ ★ ★ ★ Sports 82 1/4oz gold football
★ ★ ★ ★ traditional cultural relics unearthed Group 1 to Group 3 gold, ancient science and technology to invent a 5 group of 1/2oz gold ancient sailing ship
★ ★ ★ ★ traditional culture 1oz gold Diagram of the traditional culture of 1/10oz gold group 2 1/3oz gold method significantly monk
★ ★ ★ ★ political 1/2oz gold Xinhai 70th anniversary, 93 1oz Gold Sun Yat-sen, 95 1oz Gold War 50th anniversary
★ ★ ★ ★ Art 1/4oz gold children at play
★ ★ ★ ★ landscape 1/2oz gold Taiwanese scenery
★ ★ ★ ★ classical literature 1oz Jin Sanguo
★ ★ ★ ☆ Zodiac Rooster 8 g, 1oz gold sheep ~ Golden Rabbit, 93 1/2oz plum Rooster, Plum Dragon 1/10oz color Jinhu
★ ★ ★ ☆ animals 94 ~ 96 1oz and 1/2oz gold unicorn
★ ★ ★ ☆ 1/3oz Gold Marco Polo International, Golden Year of Peace
★ ★ ★ Zodiac Taurus 8 g ~ Golden Rabbit, 1/2oz Plum Golden Pig ~ Golden Tiger, Kinmen and Matsu - Golden Monkey
★ ★ ★ Sports 8 g women's football, 1/3oz gold World Championships
★ ★ ★ traditional culture 1/3oz gold Chinese historical figures, metal dragon and phoenix
★ ★ ★ traditional culture the 2oz Jinlong Feng, the 1/2oz color gold Drunken Beauty
★ ★ ★ political 1oz gold Xinhai 80th anniversary, 8 grams of gold Soong Ching Ling, 1993 1/2oz gold Mao Zedong (without S), the retrocession of Taiwan, 1/2oz gold
★ ★ ★ political 95 1/2oz Gold War, 96 of the Long March victory (country word a little)
★ ★ ★ Art 1/2oz gold, 12-gon magpie, gold, 12-gon Eagles, 1oz Golden Peacock, 1/2oz gold children at play, 8 grams of gold Xu Beihong
★ ★ ★ Buddhist 95 1/4oz Gold Goddess of Mercy, 1/10oz Gold Goddess of Mercy
★ ★ ★ animals 8 grams of gold wild animal panda, takin of 8 grams of gold, 94 and 95 pairs of metal unicorn, 97 1/10oz gold unicorn, 1/2oz gold dinosaur
★ ★ ★ landscape 1/2oz Jin Guilin landscape
★ ★ ★ International 1/3oz gold world cultural celebrity, 1/3oz gold +1 / 6 oz silver bimetallic World Conference on Women
★ ★ ★ classical literature 1/2oz gold Taoyuan trio and the Battle of Guandu
★ ★ Zodiac 8 g dragon ~ Golden Monkey, 1oz the Jinlong ~ Golden Horse, 94 1/2oz the Plum gold dog, gold rabbits, plum, plum Jin Yi
★ ★ Zodiac 1/2oz fan dragon and fan, Kinmen and Matsu
★ ★ Sports 8 grams of gold men's parallel bars
★ ★ 1/3oz Gold Silk Road, the traditional culture of a group 1/2oz gold Nu, 1/4oz gold Mazu, 1/2oz gold HouYi, 1/2oz winnings Havoc in Heaven
★ ★ politics 8 grams of gold Revolution 80th anniversary of 100 years, 1/4oz gold postal
★ ★ art 1/2oz gold the Qi Baishi, Zhang Daqian, 1/10oz dragon culture
★ ★ animal 1/3oz gold yak, 94 ~ 96 1/4oz, 1/10oz, 1/20oz gold refined Kirin
★ ★ International 1/2oz Gold Year of the Child
★ ★ landscape has a homeland gold coin 1/2oz gold scenery of a group of 1/2oz Jin Changjiang Three Gorges
★ ★ classical literature 1/2oz color Gold Monkey King was born
★ sports 10 grams of gold archery, 8 grams of gold Winter Olympics, 1/2oz gold women's sword dance, 1/3oz gold Olympic 100
★ Sports 1/3oz Gold 15th World Cup
The ★ traditional culture of the National Palace Museum sets of coins, 1 g Jinlong Feng, 1/4oz Diagram of, 1/10oz color Jin Jiqing more than, more than 1/20oz Jinji Qing, the 1/10oz Spring Figure 2 group, 1/2oz Liang Hongyu and competition to
★ political 1/2oz Jin Jianguo 30th anniversary of the 2001 1/2oz gold in Tibet
★ Art 1/2oz gold penguin-shaped edge
★ Buddhist the 1/2oz Jin Duihuang 1/2oz gold gantry, 1/2oz gold Buddha's finger relic
★ International Ke Jinma Polo
★ classical literature 1/2oz gold Battle of Red Cliff

 

Silver: (bright colors, shiny)


★ ★ ★ ★ ★ ☆ traditional culture kilograms of silver Ancient invented a group
★ ★ ★ ★ ★ Zodiac kg 8 g zodiac silver coin
★ ★ ★ ★ ★ political kilograms of silver retrocession of Taiwan
★ ★ ★ ★ ★ International thicker silver Year of the Child
★ ★ ★ ★ ☆ Zodiac 12oz Silver Snake
★ ★ ★ ★ ☆ traditional culture 12oz silver Zheng Chenggong
★ ★ ★ ★ ☆ political 30 g silver Soong Ching Ling (Signature Edition)
★ ★ ★ ★ ☆ Art kg silver Qi Baishi
★ ★ ★ ★ ☆ animals 95 20oz silver unicorn
★ ★ ★ ★ ☆ International 1/2oz the sandblasting Silver Year of the Child
★ ★ ★ ★ Zodiac 89 5oz silver snake, 12oz silver monkey ~ 12oz silver rabbit, 99 kg silver 12 Lunar New Year
★ ★ ★ ★ Sports thicker silver 80 Winter Olympics, thick silver and Austria 1/2oz the sandblasting Silver Women's Volleyball, 1/2oz blasting silver men's soccer
★ ★ ★ ★ traditional culture 5oz silver compass, 44 gram thick silver Ancient invention of a group
★ ★ ★ ★ traditional culture 5oz silver Zheng Chenggong Yu 5oz silver, the 5oz wrong version of the color silver dragon and phoenix
★ ★ ★ ★ political 1oz Silver Xinjiang, 5oz silver friendship
★ ★ ★ ★ Art 20oz silver dragon and phoenix, 20oz Silver Peacock, 12oz and 5oz silver children at play, 5oz silver Xu Beihong, 12oz Qi Baishi
★ ★ ★ ★ Buddhist 5oz silver Changhua Big Buddha, 98 1/2oz Silver Goddess of Mercy
★ ★ ★ ★ International 27 grams silver Year of Peace, 5oz silver Marco Polo
★ ★ ★ ★ landscape 15 grams of silver Taiwan scenery
★ ★ ★ ★ animal 5oz silver brown bears, 94 and 96 20oz silver unicorn, 95 12oz silver unicorn
★ ★ ★ ★ classical literature 5oz silver Taoyuan trio, 5oz silver 三英战吕布
★ ★ ★ Zodiac 15 grams of silver chicken ~ silver pigs, 92 5oz silver monkey 99 5oz silver rabbit
★ ★ ★ Zodiac Silver Dragon 12oz, 89 1oz Silver Snake 1oz color silver tiger, kg silver horse
★ ★ ★ Sports 95 1oz silver World Championships
★ ★ ★ traditional culture of 15 grams of silver archaeological finds in Group 2 and Group 3, 5oz silver Diagram of, 5oz silver Chang-e, 22 grams Silk Road group
★ ★ ★ traditional culture 5oz Silver Spring Figure 2
★ ★ ★ political 1oz silver 70th anniversary of the Xinhai, 85 1oz silver Tibet, 5oz silver 80th anniversary of Xinhai, 5oz silver Mao Zedong, Sino-Thai friendship kilograms of silver
★ ★ ★ political 1oz Silver 80 years Hsinhai, 5oz Silver retrocession of Taiwan, 5oz Silver Macau group
★ ★ ★ Art 5oz silver peacocks, children at play coins 1oz Silver 5oz silver dragon boat diagram, 5oz silver Qi Baishi, 2oz Silver Library Cave
★ ★ ★ the Buddhist Goddess of Mercy of 94 and 95 silver, 97 silver and 98 3 2 3 Goddess of Mercy, 2oz Silver Dunhuang
★ ★ ★ coin kg silver Datang town library
★ ★ ★ International 2 g silver Marco Polo, 27 grams of silver world cultural celebrities 4 kilograms of silver millennium
★ ★ ★ landscape 15 grams of silver Taiwan scenery
★ ★ ★ animal 1oz silver dinosaur, 95 and 96 5oz silver unicorn
★ ★ ★ classical literature 1oz Silver Three Kingdoms 1
★ ★ Zodiac 87 5oz silver rabbit, 12oz silver Ma, 12oz silver sheep, the 2/3oz plum silver chicken, the 5oz Fangyin Long, the 5oz square silver horse, 5oz square silver dog
★ ★ Sports 88 5oz silver 24th Olympic Games, 27 grams of silver men downhill 1oz Silver Women 's 91, 94 1oz Silver Asian Games
★ ★ silver sets of coins of the traditional culture of Chinese historical figures, and 22 grams of silver ancient scientific and technological inventions
★ ★ politics 86 5oz silver Sun Yat-sen, 12oz silver Represented kilograms of silver Deng Xiaoping
★ ★ Art 2/3oz silver 12-gon birds, and 2oz silver Riverside Scene at Qingming Festival, 5oz silver Dunhuang
★ ★ Buddhism 96 1oz thicker silver Goddess of Mercy, 97 1/2oz Silver Goddess of Mercy, kg Silver Water Moon Guanyin Bodhisattva
★ ★ scenic Three Gorges, 2oz Silver
★ ★ animals 94 5oz silver unicorn, 94 1oz silver unicorn (P), 95 and 96 1oz silver unicorn
★ ★ 1/2oz silver Year of the Child (general), 22 grams of silver Marco Polo, 1/2oz Silver for 10 years, the United Nations Women
★ ★ classical literature 5oz Silver Sun Liu marriage
★ Zodiac 15 g Yinshu - silver monkey, the first round of 1oz Silver Lunar New Year (89 years except 1oz Silver Snake)
★ Sports 80 silver and Austria, 80 Silver Winter Olympics, 82 1/2oz silver football, men's high jump and women's volleyball team 84 Silver, 84 1/2oz silver Olympic Winter Games, 86 1/2oz silver football, 30 grams of silver diving, 1oz color Bank of the successful Olympic bid, kg color silver football
★ traditional culture 90 2oz and 2 grams of silver dragon and phoenix, 15 grams of silver archaeological finds in Group 1, 2oz Silver Dragon horse, Silver Ancient invention 2-5
★ traditional culture of ancient sailing vessel 27 grams of silver, 27 grams of silver of the Yellow River culture, 1/2oz Silver Matsu 1oz Silver Mid-Autumn Festival
★ political 84 Tan Kah Kee, 8627 grams of silver Sun Yat-sen, Soong Ching Ling elderly 30 grams of silver, like, 95 1oz Silver War
★ Art 93 1oz silver peacock 1oz Silver Ming and Qing fan painting, the 5oz Choi silver Lady of Guo Spring Tour, 1oz silver Xu Beihong, Qi Baishi, Zhang Daqian
★ Art 1oz Silver Goddess, 5oz color silver Han Xizai Night Revels
★ Buddhist 1oz Emei Mountain Goddess of Mercy, 99 kg and 5oz Silver Dragon Gate
★ landscape 2oz Silver Guilin landscape
★ animal 9430 grams of silver wild camels and elk, 97 1oz silver Kirin (P version)
★ International 22 grams of silver to save UNICEF, 15 grams of silver Marco Polo, 1oz silver international environment
★ classical literature 1oz Silver Three Kingdoms 2 and Group 3, 5oz silver peach event

 

Panda: (rare national treasure, unique in the world)


★ ★ ★ ★ ★ ★ Panda 5 kg Gold Panda issue of the 10th anniversary of
★ ★ ★ ★ ★ Panda 94 5oz and 12oz Golden Cat, 95 12oz Golden Cat
★ ★ ★ ★ ☆ Panda 91 12oz Golden Cat
★ ★ ★ ★ Panda 84 12oz Golden Cat, 92 5oz and 12oz of gold cats, 93 5oz and 12oz Golden Cat
★ ★ ★ ★ Panda 95 and 96 5oz gold +2 oz. Silver metal cat, 97 kg of gold cats, 1999 ~ 2004 kg of gold cat
★ ★ ★ ★ Panda 94 ~ 96 12oz silver cats, 95 and 96 1oz refined gold cat
★ ★ ★ Panda cat 82 gold, 83 to 85 years and 27 grams of silver cat, 92 pairs of metal cat, 92 sets of refined gold cat, 96 and 97 pairs of metal sets of cats, 05 and 06 kg of gold cat
★ ★ ★ 12oz gold panda 90 cats, 91 1oz thickening Golden Cat, 94 and 95 5oz silver cat, gold 97 12oz silver cats, 98 S & P system sets the cat
★ ★ ★ Panda 00 kg silver cats, 02 kg inlaid gold and silver cat
★ ★ Panda 83 S & P gold, cat, 94 and 95 1oz refined silver cat, 91 2oz the thickening silver cat
★ ★ Panda 90, 91 and 93 pairs of metal cat, 94 refined gold sets of 94 to 95 pairs of metal sleeve of the cat, a cat, 91 5oz silver cat
★ ★ Panda 92 and 93 12oz silver cat silver cat of 98 and 99 kg, 01 kg of silver cat
★ Panda 87, 89 ~ 93 1oz refined silver cat, cat of 96 1oz of refined silver, 91 and 93 sets of refined gold cat, 00 and 01 S & P, gold, and 911 grams of the cat, golden cat, 90 and 91 12oz silver cat
★ Panda 5oz silver 92 and 93 cats, 95 S & P gold, cat, 96 Panda issued the 15th anniversary of the gold sets the cat

 

Platinum, palladium coins: (shown signs of stunning, good-bye sight)


★ ★ ★ ★ ★ traditional culture of ancient science and technology to invent a 3 group, platinum coins
★ ★ ★ ★ ☆ animals 97 1oz platinum unicorn, 96 1/4oz platinum unicorn
★ ★ ★ ★ Zodiac 1oz platinum monkey ~ 1oz platinum rabbit
★ ★ ★ ★ Animal 96 1oz platinum unicorn
★ ★ ★ ★ Panda 94 and 95 1/20oz platinum cat, 97 1/10oz platinum cats, 97 and 93 1/20oz platinum cat, 90 1oz platinum cat
★ ★ ★ Zodiac 1oz platinum sheep
★ ★ ★ animals 95 1/2oz platinum unicorn
★ ★ ★ Panda 89 palladium cat and platinum cat, 93 1/10oz platinum cat
★ ★ Zodiac 1oz Platinum Dragon ~ 1oz Platinum Horse
★ ★ Panda 87 and 881oz of platinum cat
★ Panda 90 1/2oz, 1/4oz and 1/10oz platinum cat




 


Offline fractalfate

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Re: Convince me about Pandas.........
« Reply #1 on: March 25, 2012, 10:02:33 AM »
Panda: 'rare national treasure; unique in the world.' I think that about sums it up. Ask anyone in the know, and they will tell you certain mintage years (i.e. 1995, 1998, 1999, 2000) of the pandas are already in high demand in mainland China. Once they get the bug, many will have no choice but to continue to pursue the entire series. Add on to that fact that many Chinese are getting introduced to the series by acquiring the higher mintage 2011-2012 silver pandas, and you end up with an entire new generation of panda collectors in China. North Americans are voracious coin collectors and have driven the prices up on pandas for years. The only question is whether the Chinese are going to be willing to pay higher prices (originally driven by Western demand) to pursue previous issues. I believe it is inevitable given the vast size of human population there. It becomes a sheer numbers game given the lower mintages of the earlier issues.
« Last Edit: March 25, 2012, 10:13:51 AM by gasman034 »

Offline badon

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Re: Convince me about Pandas.........
« Reply #2 on: March 25, 2012, 02:59:53 PM »
The 2 flagship products of the China mint are the panda series, and the lunar series. The question of which one of those is "better" is open to discussion. Outside China, pandas are more well-known, and there are more collectors outside China than in China alone. But, China is the single largest force behind the whole market, and they all love lunars because the lunar astrology system is deeply entrenched within Chinese traditional AND modern culture.

My conclusion is that, even though the details are different for the popularity of pandas vs. lunars, they are still close to being equivalent overall. So, I collect both.

Offline SANDAC

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Re: Convince me about Pandas.........
« Reply #3 on: March 26, 2012, 12:51:57 AM »
I think that's an excellent question.  We all want to know what the 800 pound gorilla in the room wants.  IMO, the 800-pound gorilla was asleep for the first 20 years til roughly yr 2000 and during that time China mint didn't care what the gorilla wanted.  China mint produced the Panda, Lunar, Historical figures, and sporting events for the rest of the world in tiny mintage.  (Sporting events, for crying out loud, when there is very little sporting tradition in China, yet the entire 1980 issue was devoted to sport.)  Now the gorilla is awake and demands the type of coins it likes and in large quantity, China mints are scrambling to satisfy that need. And we are all holding our breath hoping we have collected the right kind of coins.  Stay tuned, it is going to be an interesting ride.

low

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Re: Convince me about Pandas.........
« Reply #4 on: March 26, 2012, 01:05:51 AM »
Err. I was thinking the gorilla was not asleep but really was struggling for food. In the early days, China needed the foreign exchange so they exported the coins.

I am not sure about sporting tradition in China. What I know is, China will do everything to help themselves, sport is one of the thing they do, and they really did well.

Now that they become richer, it is natural that they want their early coins to goes back to China.

Offline SANDAC

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Re: Convince me about Pandas.........
« Reply #5 on: March 26, 2012, 01:52:31 AM »
Hmmm, I was checking eBay to see if Linsanity did anything to the price of 1994 10 yuan basketball coin.  Nothing turned up, no sale.  Anyone know about the pricing of this coin in the last 3 months?

Offline ghostrider80811

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Re: Convince me about Pandas.........
« Reply #6 on: March 26, 2012, 02:21:03 AM »

Now that they become richer, it is natural that they want their early coins to goes back to China.

What do you mean?  The average Chinese has more money in savings than does an average American with loads of debt.  

Offline ghostrider80811

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Re: Convince me about Pandas.........
« Reply #7 on: March 26, 2012, 02:26:20 AM »
Hmmm, I was checking eBay to see if Linsanity did anything to the price of 1994 10 yuan basketball coin.  Nothing turned up, no sale.  Anyone know about the pricing of this coin in the last 3 months?

That's an interesting angle...

low

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Re: Convince me about Pandas.........
« Reply #8 on: March 26, 2012, 03:18:43 AM »
What do you mean?  The average Chinese has more money in savings than does an average American with loads of debt. 

Of course everyone knows the money is in China.

Though I am afraid there are still a lot more people live in poverty today but those are the dirty side of business it is not right for me to talk here.

What about 1980s? Where China is just about to recover from the cultural revolution. Were they rich? I thought financially they were poor.

Offline SANDAC

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Re: Convince me about Pandas.........
« Reply #9 on: March 26, 2012, 03:31:53 AM »
What do you mean?  The average Chinese has more money in savings than does an average American with loads of debt. 
Saving is so 20th century.  In the 21st century, we make money with our debt using innovative concept like Monetizing Debt.  This is where we take out a mortgage, chopped it up into mortgaged backed security and then invest our money in MBS and make lots of money.  So you need to get into debt first before you can make money.  We have so much debt we are rich!  That kid has +$363?  He is hopelessly poor.

Offline ghostrider80811

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Re: Convince me about Pandas.........
« Reply #10 on: March 26, 2012, 05:45:02 AM »
Saving is so 20th century.  In the 21st century, we make money with our debt using innovative concept like Monetizing Debt.  This is where we take out a mortgage, chopped it up into mortgaged backed security and then invest our money in MBS and make lots of money.  So you need to get into debt first before you can make money.  We have so much debt we are rich!  That kid has +$363?  He is hopelessly poor.

Cant forget about the Credit Default Swaps just in case someone needs a hair cut.

Offline sasushi

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Re: Convince me about Pandas.........
« Reply #11 on: March 27, 2012, 12:19:55 AM »
Reading all the different answers - I still prefer buying other moder chinese coins than pandas.
It would be interesting to compare prices of several pandas with other chinese coins that have the same mintage. The result should show if coins are tending to be cheap or having a great demand - does something like that exist a price/Mintage table over all mcc?? 



Offline badon

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Re: Convince me about Pandas.........
« Reply #12 on: March 27, 2012, 02:37:05 AM »
The best price and mintage table I know of is in the Pricepedia:

http://www.pandacollector.com/pricepedia.html

It includes prices worldwide, including in China.

Offline Pandagongzi

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Re: Convince me about Pandas.........
« Reply #13 on: March 27, 2012, 10:47:48 PM »
Reading all the different answers - I still prefer buying other moder chinese coins than pandas.
It would be interesting to compare prices of several pandas with other chinese coins that have the same mintage. The result should show if coins are tending to be cheap or having a great demand - does something like that exist a price/Mintage table over all mcc?? 



Panda's are usually cheaper than other MCC at the same mintage level.  Another words undervalue now.  Check the price of colorized opera gold coins(8k mintage) and you will know what I mean.