Author Topic: Gold Panda Investment Chart, March 15, 2017  (Read 1284 times)

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Offline poconopenn

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Re: Gold Panda Investment Chart, March 15, 2017
« Reply #15 on: March 20, 2017, 02:26:21 PM »
Pandamonium,

I cancelled your previous post because it seemed to have little to do with the thread it was posted on, which was KeyDate1/2Panda's data-driven comments on gold panda investments.  Your post ranged from remarks on fake news, to recommendations of your favorite news channels and commentators, to speculation on conspiracy theories.  In moderating, I try to keep us focused on Chinese coins.  Please make the job of the moderator easy by staying focused :)

I agree with you that the post be delated. I did see the post. The Jansen's article was mentioned in the first sentence and the rest posting was political statements and had nothing to do with coin collection, gold valuation or China.

Offline poconopenn

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Re: Gold Panda Investment Chart, March 15, 2017
« Reply #16 on: March 20, 2017, 02:38:14 PM »
Key date sets and 1/2oz gold panda are signalling a turning point in the gold panda market after a sharp correction in the second half of 2016.

Inventory being sold into the market is very tight.  The % of unsophisticated or weak hand sellers continues to hit multi-year lows and should continue to decline unless gold spikes a few hundred dollars.

Demand is very strong for certain key and semi-key coins relative to December 2016.  Demand for the more common coins is flat to down, which is a good indicator that the current run hasn't run its course, when the common stuff starts spiking then another peak in the market may be nearing.

Very interesting chart. If the base line started on June 2013, for about 4 years, the valuation of spot gold and common date has not changed, while semi-key date, key date and 1/2 set have been appreciated about 10%, 50% and 65% respectively.

Offline KeyDate1/2ozPandas

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Re: Gold Panda Investment Chart, March 15, 2017
« Reply #17 on: March 21, 2017, 12:28:09 AM »
Good observation.  The common dates are really not that common anymore, trying to find a 2002 1/2 or 1/4 is almost as tough as some of the 1999 1/2 and 1/4. 

Also what has happened in the last 3 years is premiums on 1, 1/10, 1/20 have come down, while premiums on 1/2 and 1/4 gone up for common year dates. A 2002 set price hasn't changed much, but 1/10 value as come down by $1000, while 1/2 and 1/4 value has increased by a $1000.

Offline xiaohei99

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Re: Gold Panda Investment Chart, March 15, 2017
« Reply #18 on: March 27, 2017, 08:03:55 PM »
Also what has happened in the last 3 years is premiums on 1, 1/10, 1/20 have come down, while premiums on 1/2 and 1/4 gone up for common year dates. A 2002 set price hasn't changed much, but 1/10 value as come down by $1000, while 1/2 and 1/4 value has increased by a $1000.

Do you know the fair price or ongoing price of 2002 ms69 set now?

It used to be a bit over $8000 several years ago, now is its price close to 2000 ms69 set?