Chinese Coins Forum

Resources => Chinese Numismatic News, Articles, Books => Topic started by: KeepOnTrying! on August 13, 2015, 04:17:04 PM

Title: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on August 13, 2015, 04:17:04 PM
The 2016 Panda Coins are supposed to be a lot more different from what we have had so far.
1. Does anyone have credible information on specific characteristics of the coins?
2. Does anyone have any guesses?
3. Should the collection/investment approach change in any way?

So far it seems that the 1oz silver Panda coin is most likely to be 30g. Are we going to have more information back on the coin such as the metal (Ag) and Purity (0.999)?

Some internet sellers are already taking names/email for notification of coin release.

Thanks for information.

Attn: Mr. Anthony; I don't want to put you in a spot but you are probably the best source here?! Thanks.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on August 13, 2015, 11:07:08 PM
The 2016 Panda Coins are supposed to be a lot more different from what we have had so far.
1. Does anyone have credible information on specific characteristics of the coins?
2. Does anyone have any guesses?
3. Should the collection/investment approach change in any way?

So far it seems that the 1oz silver Panda coin is most likely to be 30g. Are we going to have more information back on the coin such as the metal (Ag) and Purity (0.999)?

Some internet sellers are already taking names/email for notification of coin release.

Thanks for information.

Attn: Mr. Anthony; I don't want to put you in a spot but you are probably the best source here?! Thanks.

The 2016 mintage is one of the factors that will determine how well, the 30g (formerly 1oz) silver panda coin, for example does. Although badged as bullion it has invariably acquired numismatic status especially with the passage of time. However, the trend towards higher mintages is pulling the coin back towards its bullion designation although the premium over spot is still significant enough to make it an "expensive bullion coin". So are we going to have another 8,000,000 30g silver panda coins in 2016? More or less? Will the coin exchanges target the coin for acquisition thereby driving it again towards a quasi-numismatic coin?
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: PandaCollector on August 14, 2015, 01:35:24 PM
The 2016 Panda Coins are supposed to be a lot more different from what we have had so far.
1. Does anyone have credible information on specific characteristics of the coins?
2. Does anyone have any guesses?
3. Should the collection/investment approach change in any way?

So far it seems that the 1oz silver Panda coin is most likely to be 30g. Are we going to have more information back on the coin such as the metal (Ag) and Purity (0.999)?

Some internet sellers are already taking names/email for notification of coin release.

Thanks for information.

Attn: Mr. Anthony; I don't want to put you in a spot but you are probably the best source here?! Thanks.

I published  what I have been told about the weights of the new Pandas in the July issue of China Pricepedia. This is NOT confirmed, but it comes from a reliable source. The weights for the new gold Panda coins will be: 30 gm, 15 gm, 8 gm, 3 gm and 1 gm. The system of halving each metric weight runs into a little problem at 4. That is why the 50 Yuan gold may weigh 3 grams and the 20 only one gram. In the past one gram was not a particularly popular size so it will be interesting to see if that is really the new weight for the 20 Yuan.

The weight of the formerly 1 oz. silver Panda is said to be 30 gm.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on August 14, 2015, 04:25:14 PM
I published  what I have been told about the weights of the new Pandas in the July issue of China Pricepedia. This is NOT confirmed, but it comes from a reliable source. The weights for the new gold Panda coins will be: 30 gm, 15 gm, 8 gm, 3 gm and 1 gm. The system of halving each metric weight runs into a little problem at 4. That is why the 50 Yuan gold may weigh 3 grams and the 20 only one gram. In the past one gram was not a particularly popular size so it will be interesting to see if that is really the new weight for the 20 Yuan.

The weight of the formerly 1 oz. silver Panda is said to be 30 gm.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com

Thanks for the confirmation. I guess we all have to wait until later this year for more categorical information from the pre-launch press releases from China. I'll probably continue building on my original sets whilst starting new sets specifically for the kids from 2016 onwards. Long live the Panda!
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: UniqueCoins on August 14, 2015, 08:53:03 PM
Very interesting. The new Panda Design would be released October?

With 1 gm Panda, i think the 1991 1gm would be more interested too.
(http://www.ebay.de/itm/Gold-Panda-3-Yuan-Sonderpragung-von-1991-/231652722103?hash=item35ef9405b7)
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: PandaCollector on August 15, 2015, 02:59:25 AM
Very interesting. The new Panda Design would be released October?

I expect the official release in November at the Beijing Expo.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on August 15, 2015, 10:33:21 AM
I expect the official release in November at the Beijing Expo.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com
And the coins start appearing in the West usually early in the year (2016). It will be interesting to see what the Panda depiction will look like this time. The 2014 and 2015 designs were pretty bland!
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: mowi on August 16, 2015, 06:29:29 PM
I published  what I have been told about the weights of the new Pandas in the July issue of China Pricepedia. This is NOT confirmed, but it comes from a reliable source. The weights for the new gold Panda coins will be: 30 gm, 15 gm, 8 gm, 3 gm and 1 gm. The system of halving each metric weight runs into a little problem at 4..

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com

30/15/8/3/1. Crazy!! To me the problems started at lucky 8. I'm also wondering about a 5oz coin. Will it be 5*30 = 150 gram?
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on August 16, 2015, 07:57:08 PM
30/15/8/3/1. Crazy!! To me the problems started at lucky 8. I'm also wondering about a 5oz coin. Will it be 5*30 = 150 gram?

I wonder how cost efficient is the minting of the 1g and possibly the 3g coin?
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: andrewlee10 on August 17, 2015, 12:11:02 AM
I wonder how cost efficient is the minting of the 1g and possibly the 3g coin?

price price price.

Good price I will buy 2 sheet of 1 gram and 1 sheet of 15 gram
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on August 17, 2015, 02:37:47 PM
price price price.

Good price I will buy 2 sheet of 1 gram and 1 sheet of 15 gram

Why this configuration of your buy list?
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on October 28, 2015, 02:59:59 PM
The 2016 Panda coins were scheduled for release today in China. Does anyone know what the release prices of the coins are? Thanks.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on October 28, 2015, 04:09:56 PM
A write up by Mr. Anthony that includes info on the 2016 Panda coins.

http://www.coinweek.com/world-coins/chinese-coins-2/chinese-panda-coins-a-weighty-decision/
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: silverpv on October 28, 2015, 04:36:36 PM
I don't get it... he says "There will be no markings for weight and purity. Although not marked on the coins the purity will remain the same as previous years at .999 fine." but shows a picture with a weight and purity.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on October 28, 2015, 05:03:14 PM
I don't get it... he says "There will be no markings for weight and purity. Although not marked on the coins the purity will remain the same as previous years at .999 fine." but shows a picture with a weight and purity.

Most likely a typo.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: PandaCollector on October 30, 2015, 09:30:19 AM
The picture is correct. Apparently the decision to omit the weight and purity was changed. I toured one of the mints today and they brought out some 2016 Panda coins for me to look at and hold. The weight and purity has been restored. I saw and held the 1 gram gold Panda (still hot from the coin press). Boy is it small. It will really find a home in the jewelry industry just like the 1991 1 gram gold Panda did. The 30 gram silver Panda is the same diameter as past years but is slightly thinner. You can feel the difference in your hand. I think both coins look fantastic.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com

P.S. There should be more information available from China Gold Coin at the Beijing Coin show next week.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on October 30, 2015, 10:02:00 AM
The picture is correct. Apparently the decision to omit the weight and purity was changed. I toured one of the mints today and they brought out some 2016 Panda coins for me to look at and hold. The weight and purity has been restored. I saw and held the 1 gram gold Panda (still hot from the coin press). Boy is it small. It will really find a home in the jewelry industry just like the 1991 1 gram gold Panda did. The 30 gram silver Panda is the same diameter as past years but is slightly thinner. You can feel the difference in your hand. I think both coins look fantastic.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com

P.S. There should be more information available from China Gold Coin at the Beijing Coin show next week.

The strategically important decision to change the design of these yearly panda coins from the early years still reverberates until today, in a good way; always a joy to behold the new issue coins every year. The uncertainty of the last one year with regards to the direction of new mintage design and weight has also added more anticipation to the 2016 coin release. Please post photos of the actual coins. Also get us the release price information. Please!
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: Mak007 on October 30, 2015, 02:47:38 PM
https://www.youtube.com/watch?v=Di42QtXqjHY
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: PandaCollector on October 30, 2015, 10:50:05 PM
The strategically important decision to change the design of these yearly panda coins from the early years still reverberates until today, in a good way; always a joy to behold the new issue coins every year.

Thank you Martin Weiss.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: ChinaClipper on November 17, 2015, 01:54:29 AM
I'm in China now and just got back from the Bank of China where I ordered 2 sets of Panda coins. They should arrive next month.

I'm trying to get a couple sets of the monkey coins but they are very hard to get.

I was able to get a set of the WWII 70th anniversary commemorative (1/4 oz. gpld and 1 oz. silver) in the summer. They were hard to obtain. I couldn't get the 5 oz silver WWII commemorative coin (they only minted 5000 of those).
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on December 16, 2015, 01:31:46 PM
Four 15-coin 2016 Silver Panda trays can fit into one Coin Armour Comic bag for long-term storage at the bank or wherever you stash away your loot! Optionally throw in a few bags of desiccant into the bag for optimized peace of mind!  N38
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on December 16, 2015, 01:36:13 PM
The Coin Armour Comic bags measure nine and half inches by thirteen and three quarter inches. I believe they were designed for the storage of encapsulated comic books but I haven't seen anything that says you use them for coin trays!
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on December 16, 2015, 01:41:53 PM
The 2016 30g silver panda coins are packaged in coin trays that are not tamper proof. Kind of blows up one of the advantages of bulk "sheet" coin purchase. Hoping that the China mints reconsider this new tamper prone packaging style.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeyDate1/2ozPandas on December 16, 2015, 04:45:51 PM
In china nothing is tamper proof, because the equipment and packaging is available to anyone that has the money to purchase or lease it.  It is better they made the trays easy to open and reseal, that way one could look at the coins.  What they should really do is sell the coins in capsules, stacked inside a tube, that way they are easy to store and buyers would be more willing to buy bigger orders, because they are so compact.  The trays imply the coins are collectible rather than bullion, but when you make over a million of a given coin it really is just bullion after all.  
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: wg on December 17, 2015, 12:50:56 AM
The 2016 30g silver panda coins are packaged in coin trays that are not tamper proof. Kind of blows up one of the advantages of bulk "sheet" coin purchase. Hoping that the China mints reconsider this new tamper prone packaging style.

"cherry pick" :thumbdown:
 N20
then perhaps it is better to stash the old sheets.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: Panda Halves on December 23, 2015, 01:46:23 PM
The NGC census is showing several 2016 Gold MS70 pandas as being graded under the following designation:
G500Y: "one of the first 1250 struck" (831 total)
G200Y: "one of the first 1000 struck" (692 total)
G100Y: "one of the first 750 struck" (565 total)
G50Y: "one of the first 750 struck" (565 total)
G10Y: "one of the first 750 struck" (565 total)

Request for help:
Does anyone on the forum know who submitted these coins or how to acquire them?
*I hear rumors that these may have come from a Chinese submission.

Panda halves
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on December 23, 2015, 02:53:17 PM
The NGC census is showing several 2016 Gold MS70 pandas as being graded under the following designation:
G500Y: "one of the first 1250 struck" (831 total)
G200Y: "one of the first 1000 struck" (692 total)
G100Y: "one of the first 750 struck" (565 total)
G50Y: "one of the first 750 struck" (565 total)
G10Y: "one of the first 750 struck" (565 total)

Request for help:
Does anyone on the forum know who submitted these coins or how to acquire them?
*I hear rumors that these may have come from a Chinese submission.

Panda halves

Likely to be "premium" loaded when they hit the market. Same story eventually with the 50g and 100g proof coins? http://china-mint.info/forum/index.php?topic=11979.0

 :scared:
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: Grip on December 23, 2015, 07:59:07 PM
I'll put money on Panda America in affiliation with....??? 
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: poconopenn on December 23, 2015, 08:31:02 PM
For information,

Letter of certificate from China Gold Coin Inc's Export Division for “First Strike” 2013 silver panda in PCGS holder.

In 2015, China Gold Coins Inc. issued “First Strike” 20,000 gold panda sets and 50,000 silver pandas in SHG (Shanghai Gold Coin Co., a division of China Gold Coins Inc.) holder. Attached picture is #00001/50000 holder. This coin was sold for RMB 1860, 12 times over the when-issued price.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: SANDAC on December 23, 2015, 08:45:29 PM
From Panda America website:
http://pandaamerica.com/details.asp?item=12180&grp=1&categ=1

2016 CHINA G500Y MS 70 EARLY RELEASES 4302665-069
2016 CHINA G200Y MS 70 EARLY RELEASES 4302671-069
2016 CHINA G100Y MS 70 EARLY RELEASES 4302669-069
2016 CHINA G50Y MS 70 EARLY RELEASES 4302712-069
2016 CHINA G10Y MS 70 EARLY RELEASES 4302667-069

They are MS70 but I don't see the "One of first xxx struck" on the label.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on December 23, 2015, 08:52:05 PM
The NGC census is showing several 2016 Gold MS70 pandas as being graded under the following designation:
G500Y: "one of the first 1250 struck" (831 total)
G200Y: "one of the first 1000 struck" (692 total)
G100Y: "one of the first 750 struck" (565 total)
G50Y: "one of the first 750 struck" (565 total)
G10Y: "one of the first 750 struck" (565 total)

Request for help:
Does anyone on the forum know who submitted these coins or how to acquire them?
*I hear rumors that these may have come from a Chinese submission.

Panda halves

For information,

Letter of certificate from China Gold Coin Inc's Export Division for “First Strike” 2013 silver panda in PCGS holder.

In 2015, China Gold Coins Inc. issued “First Strike” 20,000 gold panda sets and 50,000 silver pandas in SHG (Shanghai Gold Coin Co., a division of China Gold Coins Inc.) holder. Attached picture is #00001/50000 holder. This coin was sold for RMB 1860, 12 times over the when-issued price.


Does it then mean that the NGC descriptives highlighted by PandaHalves is just verbiage for "First Strike". If so only the "Early Releases" are in the market right now.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: PandaCollector on December 24, 2015, 02:05:56 AM
Does it then mean that the NGC descriptives highlighted by PandaHalves is just verbiage for "First Strike". If so only the "Early Releases" are in the market right now.

I am very reliably told (NOT by NGC, btw) that the coins in question were submitted in the USA. They are in effect first strikes, imo.
Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: jc888888888 on December 24, 2015, 06:14:58 AM
still no news on the 800Y and 1500Y proofs?
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on December 24, 2015, 10:29:40 AM
still no news on the 800Y and 1500Y proofs?

A phone call to pandaamerica might elicit more information. I believe one or more of the staff may be forum members. So they should be aware of these enquiries.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: PandaWill on December 24, 2015, 11:54:06 AM
still no news on the 800Y and 1500Y proofs?

Hey Guys,

Still no news on those proofs.  I'll let you know as soon as we have some info!

Thanks,

William
Panda America
800-472-6327 x230
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: jc888888888 on December 24, 2015, 01:06:23 PM
thanks Will   I believe you have a fair amount of interest here so keep us posted thanks!!
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on December 25, 2015, 03:13:35 PM
This eBay listing illustrates the "Early Release" and "First Releases" Labels (for the 2014 Gold Panda coins).

http://www.ebay.com/itm/China-2014-5-Gold-coins-1-9oz-PANDA-SET-NGC-MS-70-Early-First-Release-/272036192258?hash=item3f569ee002:g:fXsAAOSw5ZBWOZXR

eBay item# 272036192258

Please note that the tally of the labels in the photo is different from the description of the slabs further down in the page.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: dynamike51 on December 25, 2015, 03:40:51 PM
Thank you Martin Weiss.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com

 :laugh:      :confused1:  :scared:   :w00t:   ;)   N33   :001_smile:

http://www.bewareofmoneyandmarkets.com/
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: PandaCollector on December 25, 2015, 04:08:50 PM
:laugh:      :confused1:  :scared:   :w00t:   ;)   N33   :001_smile:

http://www.bewareofmoneyandmarkets.com/


The link describes the wrong Martin Weiss. Same name, different person. I have never met or spoken to the person this article is about. More research needed before posting a link like this!
Here is a link to an interview with the Martin Weiss who has played such an important role in the development of modern Chinese coins: https://www.youtube.com/watch?v=JnjAJ97sF8k (https://www.youtube.com/watch?v=JnjAJ97sF8k)
I wish everyone a great day.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: dynamike51 on December 25, 2015, 04:26:07 PM
The link describes the wrong Martin Weiss. Same name, different person. I have never met or spoken to the person this article is about. More research needed before posting a link like this!
Here is a link to an interview with the Martin Weiss who has played such an important role in the development of modern Chinese coins: https://www.youtube.com/watch?v=JnjAJ97sF8k (https://www.youtube.com/watch?v=JnjAJ97sF8k)
I wish everyone a great day.

Best wishes,
Peter Anthony
China Pricepedia
www.pandacollector.com

That's why my " :confused1:".
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: Cornishfarmer on December 28, 2015, 06:57:02 AM
What is the general consensus of a release price for the 50g proof?
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: jc888888888 on December 28, 2015, 08:04:46 AM
 Hello my good friend this is just my opinion but with the high demand for MCC in China and extraordinary prices being paid to build three and $400,000  for MCC in China and extraordinary prices being paid to build three and $400,000 sense sets I would not be surprised at all if we did not even see those proofs in the US I have been looking pretty diligently and I have not seen one of either size for sale
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: KeepOnTrying! on December 28, 2015, 08:48:13 AM
Hello my good friend this is just my opinion but with the high demand for MCC in China and extraordinary prices being paid to build three and $400,000  for MCC in China and extraordinary prices being paid to build three and $400,000 sense sets I would not be surprised at all if we did not even see those proofs in the US I have been looking pretty diligently and I have not seen one of either size for sale

Used to be the West was an important MCC customer!  :blink:
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: numistacker on January 28, 2016, 05:26:52 AM
Is there any news yet of the 50g proof?
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: jc888888888 on January 28, 2016, 06:17:20 AM
crickets not a peep
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: tater on February 02, 2016, 05:10:09 PM
please keep us n the loop with the proofs.
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: BubbaJones on March 31, 2016, 08:49:13 AM
Here are some cheap 2016 Silver Pandas.  The cheapest I've seen, in case anyone is on the hunt. 

https://www.goldeneaglecoin.com/item/2016-chinese-silver-panda-30-gram-
Title: Re: 2016 Panda Coins; Update and Discussion
Post by: PandaBear on April 25, 2016, 06:10:01 AM
Here are some cheap 2016 Silver Pandas.  The cheapest I've seen, in case anyone is on the hunt. 

https://www.goldeneaglecoin.com/item/2016-chinese-silver-panda-30-gram-

Thanks for the heads up.  The silver Pandas looks beautiful.