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Modern Chinese Coins / Re: Guessing the NEXT Trend
« Last post by canadian on Yesterday at 09:43:46 PM »
 I like the Auspicious Matters series. The China mint went big with this series in 1997 releasing 11 related  coins, in 1998 they reduced the number to 4 coins, in 1999 3 coins and in 2000 they dropped the series altogether, presumably because of lack of interest. The 12 oz silver from 1997 has a mintage of only 3 or 4. This could be the rarest master set ever minted.

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Buy, Sell & Trade / Selling: 2001 1/4 Oz Gold Panda - $400
« Last post by allgeekspcstore on Yesterday at 09:06:48 PM »
Guys I have a 2001 that I am not into that much. So I need to be $400 net payment. That means you pay the shipping and any paypal fees. If you send F&F your total will be $405. If you want a paypal invoice please add 3%.

Thanks.
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Modern Chinese Coins / Re: Guessing the NEXT Trend
« Last post by pandamonium on Yesterday at 07:15:49 PM »
I think some medals are important and worth collecting.      Have you noticed the price of the 1993 Ghenghis Kahn silver medal on ebay for over $700?   There was a 2nd one for about $650 listed 2 months ago.     About a 1 1/2 ago, a PF 68 sold for about $135.     Chinese/Asians admire Ghengis so it makes sense his medals will see demand.     Coins will probably always be in higher demand but do not overlook or ignore medals.     
When i started collecting we were told to collect coins, not medals.     We were told to ignore private mints and many other rules that have been proven to be false due to immature market and unknown information such as Mr Sun's book.    The other post about the new Sino-German medal by Yu Min will be struck at a private mint.     My favorite private mint is National Arts & Crafts which closed long ago.    Remember when it was stated that the Chinese will not grade but always prefer OMP?     Then it was posted here that PCGS has 7 locations in China so the Chinese have changed their minds.      A dealer in China told me that graded Empire silver are in demand in China today too.      It is apparent the rules are now in a grey area or have changed completely.    As this semi immature market grows up, the rules are changing.     We need to change our thought process to keep up w/ a maturing Chinese coin/medal market......
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yes , we were referred by the mint to Shanghai new century mint as they were already producing many projects for the national mints in China and also China gold coin Inc. the more important issue is the designer and also the chinese embassy wanted an ultra high relief of the version distributed to Chinese and German vip' s the same laser process was used for the official logo which is only used in coin projects with the exception of the 2016 Berlin panda. 
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Modern Chinese Coins / Re: Guessing the NEXT Trend
« Last post by purpuratum on Yesterday at 06:16:11 PM »
I think it doesn't matter what you collect.  I've been collecting stamps and LP's in my early days and antique militaria and coins nowadays for over 20 years now
and I have learned that both, quality and rarity are important to conserve value and to make your collection desirable. The better in shape it is, the more often I go back and enjoy the sight of whatever piece of my collection I hold in hand.
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Modern Chinese Coins / Re: Guessing the NEXT Trend
« Last post by Championhk on Yesterday at 06:14:51 PM »
hello all:

I am Michael Chou from champion auctions , I recently did an podcast with Charles Morgan of coinweek on the Chinese market. champion has been in the auction business and modern chinese coins market since the early 1990's partnering with panda America's Marty Weiss ,  Fred Weinberg company' Fred weinberg and other companies in many programs in the 1990's. we have participated in many aspects of the chinese market and seen several market changes. many of the current modern china experts were probably doing something else other then chinese coins until recently, people like Marty Weiss and owners of Taisei coins are the true pioneers who make the modern panda program a reality . starting in late 1990's we worked on over 50 e-commerce marketing and technology rojects with eBay in Japan,Taiwan Korea,and china which has changed the landscape of coin trading and the sales of the chinese pandas. when we restarted the show panda program in 2014 with the Macau show panda we went directly to the top panda designer Mr yu min of Shanghai mint who has designed all of our show and friendship pandas, he was recently featured on china's cctv as cctv sent a team to the Shanghai mint for over a week to interview him. Mr yu has designed/engraved over half of all panda coins and over 100 modern China coins and won the 2017 Krause coin of the year lifetime achievement award in design, the first Asian to win this honor,the chinese embassy in Germany received the award for him in Berlin. All of our show panda programs has show market appreciation over the initial show release price. the first 2014 number one Macau panda was sold at auction and realized over usd 65,000 pirchased by mr yuan the panda king of china all of the funds were donated to the macau numismatic society. we had a sold out of the 2016 world money fair Berlin panda with mintage of 2,000 the logical sense would be to increase the mintage to 3,000 ,what did we do , we reduce the mintage to 1,000 and increase show allocation from 300 to 500 to promote show pandas in germany again. we did the same with 2016 Macau we reduce the mintage from 2015's 1500(also a sell out) to 1000. over 50 percent of the Macau panda was presold to Macau numismatic society members who can purchase their membership number , the Macau numismatic society has grown from 300 members in 2014 to over 600 members today. 2016 ANA Anaheim panda was also a great success as everyone on the line purchased a panda that if they wanted they could resale immediately to one of the marketing companies as we interntionly not presale any of the show releases so the marketing companies has to buy them from the public at a premium. Yes, we could have presold the show release pandas to these companies and make the profit for our own benefit But we choose to promote the ANA and to the dealers and public attending the show to have something interesting with the best design and limited mintage. Top designers in China such Mr Ro and Mr yu of Shanghai mint and Mr Han of shenyang mint has market pricing of USD 10,000 to 15,000 per project in additional to the fees pay to the mint due to the market demand for their products. it is much more cost effective to use a lesser known or younger designer on a project, but the difference is often very clear. the top designer not only.design but also work in clay first then make the plaster instead of Kya working on the design software and go directly to the Die production process.  also due to the changes this year at the mint we decided not to do the ANA panda due to commitment to another project and the new policies of the China banknote printing and minting , the parent company of the Shanghai mint and shenyang mint. it is currently no longer possible to have the official name of the mint on the show pandas like all of our show pandas which requires the approval of the party secretary most programs do not have his in the past and also Sino American friendship can not be used unless  an authorization letter from a ministry level agency and signed by the minister. Even if it is possible to get the documentation approved , it is now very difficult to work under this level of turnaround time. when I was in Shanghai last week, the ANA Denver pandas was still waiting for approval from Beijing even know the show is only two weeks away ,I am not sure if the pandas have been struck now. in the past the party secretary of the mint can approve and sign off on a project then sent to Beijing for approval now a committee of eight vice president has to agree then the general manager sents the request to Beijing and now not one but three different department review the request. Under these conditions it is now extremely difficult to commit to delivery time so we choose to not to work under these new conditions of uncertainty. since the mint has so little time to get the medals produced ,if there is any problems, there is likely no time to fix anything. When we had white spots problem with some of our show panda issues , the mint restruck the entire mintage as there was enough time to do this. I hope this clears up our strategy with the show panda programs and our decision on the ANA panda this year. regards,michael
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https://www.ngccoin.com/news/article/6008/china-germany-pandas-medals/





the yu min one ounce silver version was produced in China and the German hoyer one ounce silver version produced by the Berlin mint has the same obverse designed by yu min and all of the silver 40mm one ounce. 999 silver blanks is the same blanks for both versions and came from China. the presentation box designed by yu min  and produced by same company which produces boxes for China gold coin. you can see the Berlin mint certificate obverse is designed by yu min China. I hope this clarify the origin and production of the medals. also ngc has certified the yu min version one ounce  silver as high relief. the yu min brass version is ultra high relief using latest smart minting technology that is currently not used by the chinese mints over 6000 blanks were used to produced the 1500 minted and only 200 per day.  As a matter of fact they are producing a 35th anniversary 1kg silver medal for China gold coin that is in the shape of a ball similar to the pyramids coin produced by the polish mint. the use of nano technology in the coating the surface to prevent white spots (suppose to protect the surface for up to 100 years)is also a first in China. David Camire of ngc/ncs and I recently visited their production facility in Shanghai and meet with the technology team on-site  from the United States.

NGC Article FACTS
"Yu Min’s version will be produced by one of the leading private mints in China."

"Heinz Hoyer’s version will be produced by Germany’s oldest mint, Staatliche Münze Berlin (the Berlin Mint), which has been in operation since 1280."

Opinion
Interesting that a private mint in China produced the Chinese contribution to medals for this prestigious occasion.
What are the implications?
Is a new trend about to start or has this been done previously?
Nothing necessarily negative about this.
NGC will grade the medals.
Just interesting!
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Modern Chinese Coins / Re: Guessing the NEXT Trend
« Last post by collectingcoins on Yesterday at 05:17:14 PM »
Arif, someone led me to a site called coinvault.  They sure do have a lot of pretty/rare coins.  They listed a 1995 1 oz gold proof panda with an actual mintage of 555.  The cost is 9,300.00.  It's too much for me to pay. Plus, I would never buy anything like this because I'm so new at buying chinese coins. But is this the type of rarity you are referring to?  I'm curious if a coin like this is worth the money they are asking?  I see they have early year silver pandas too.  They are not inexpensive either.  I'd end up buying something like this and seeing the value drop by 75%.  I'm just asking and learning.  I'm going to read the information posted by poconopenn tonight.  I took a quick glance, it is rich with details.  Thank you!!
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Modern Chinese Coins / Re: Guessing the NEXT Trend
« Last post by poconopenn on Yesterday at 05:05:42 PM »
I've been following this thread closely.  I don't understand the purpose behind the exchange?  Does this mean they have many bullion coins in a depository (millions)? And then they release them into the market to sell, because the exchange is no longer functioning properly?  It sounds like there is a massive collection of coins and medals in this storage facility?  I now understand why it is important to collect the hard to find coins, with low mintage, and good quality, because at least the price integrity remains stable.  Does this apply only to coins or to coins and medals?  Thank you for sharing your thoughts on this matter.  It is very interesting to say the least, and concerning, if a person has paid a high premium for silver panda bullion coins.

For new members of this forum, the following old thread will provide the information about Electronic Exchanges.

http://china-mint.info/forum/index.php?topic=11410.0
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Modern Chinese Coins / Re: Guessing the NEXT Trend
« Last post by KeyDate1/2ozPandas on Yesterday at 04:57:41 PM »
Rare and semi rare coins are the safest bets.  Medals have the risk of the distributor holding a large hoard at essentially zero cost basis (profits from selling 20-50% of the mintage at retail prices, the rest is owned for close to nothing).  This is why I shy away from medals (or show commemoratives) unless the design is very good, distribution is wide (no hoards), made at official China Mint (Shanghai, Shenyang, Shenzhen) and mintage is low relative to collector base.   
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