Author Topic: 2015 gold pandas already selling in China  (Read 1997 times)

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Offline Birdman

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2015 gold pandas already selling in China
« on: November 04, 2014, 10:50:00 AM »
http://english.zhaoonline.com/detail/auction-2908790-detail.shtml

A 2015 G1/20 sold for $167 yesterday.  That seems like a very high premium over spot price for such a high mintage coin.  The SHG label indicates 00074/10000, but no grade.  I can't read the Chinese, but perhaps that is SHG's equivalent to a "First Strike" label, limited to 10000.  Or maybe someone really wants to have a 2015 now and is willing to pay a high price to be first.

Offline SANDAC

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Re: 2015 gold pandas already selling in China
« Reply #1 on: November 04, 2014, 05:39:57 PM »
To the right of the label is the three Chinese characters in red: 初打币, which I think is the equivalent of first strike.  according to this article: http://www.shgci.com/ne01.aspx?id=3299
1000 of them were sold on the initial release day of October 25.

Offline Panda Halves

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Re: 2015 gold pandas already selling in China
« Reply #2 on: November 05, 2014, 05:26:03 AM »
The 2015 pandas have a cleaner look but I still like them better with the weight and purity.

Offline naomi01225

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Re: 2015 gold pandas already selling in China
« Reply #3 on: November 08, 2014, 01:41:37 PM »
if need to translate in chinese, you can ask me