Author Topic: WOW of the day  (Read 544725 times)

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Offline Pandora

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Re: WOW of the day
« Reply #90 on: May 10, 2011, 03:58:18 PM »
The 1987-P was a but-it-now sale, so no bidding issues here.

One possibility is, some one high profile, wants to build PCGS only set...

One thing we can check for is - are all these high price auctions/sales returnable? may be some one is buying and then just returning them, thus establishing the market price for those coins...

Offline anaiman

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Re: WOW of the day
« Reply #91 on: May 10, 2011, 06:27:31 PM »
Compulsive Flake Disorder (CFC)?
From too many CFCs in the air?

Offline poconopenn

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Re: WOW of the day
« Reply #92 on: May 10, 2011, 08:13:50 PM »
Some craziness is going on here with that seller, other sellers, and bidders.

How about paying:
"Approximately US $9,779.92"
For a set of 1987P coins in PR69?

http://cgi.ebay.com/1987-P-CHINA-PANDA-GOLD-PROOF-5-COIN-SET-PCGS-PR69-DCAM-/150575950562?pt=UK_Coins_World_RL&hash=item230f06aae2

Current price (ask) for gold proof sets in original box and COA inside China

1986      $3,700-$3,900
1987      $3,700-$3,900
1988      $3,700-$3,900
1989      $4,000-$4,200
1990      $4,200-$4,400
1991      $4,900-$5,100
1992     $13,500-$14,000

This 1987 NGC PF69 set (BIN, $3,599) was sold instantly.

http://cgi.ebay.com/1987-China-Panda-Gold-5-Coin-Set-NGC-Proof-PF69-w-box-/280671812030?pt=LH_DefaultDomain_0&hash=item415957f9be

This 1988 NGC PF69 set was sold for $3,502 (19 bids). Seller smallsword was previously mentioned in this Forum in connecting with shill bids by n***t. This listing clearly shows that this seller has nothing to do with the shill bidders.

http://cgi.ebay.com/5-1988-PROOF-ULTRA-CAMEO-CHINA-PANDAS-GOLD-NGC-PF69-SET-/230611769110?pt=LH_DefaultDomain_0&hash=item35b1885716


Offline Panda Halves

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Re: WOW of the day
« Reply #93 on: May 10, 2011, 08:58:01 PM »
Still almost 10k for a graded 1987 proof set?
What are china prices for 1993 1994 proof sets.

KonaJim

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Re: WOW of the day
« Reply #94 on: May 10, 2011, 09:15:35 PM »
For some reason jibi.net does not list the prices for the 1993 or 1994 set.  Maybe someone can tell us why?

Offline PandaCollector

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Re: WOW of the day
« Reply #95 on: May 10, 2011, 09:34:08 PM »
For some reason jibi.net does not list the prices for the 1993 or 1994 set.  Maybe someone can tell us why?

It may because there aren't any for sale. I believe that's the case for the 1994 and it may hold true for the 1993.

Best wishes,
Peter Anthony
http://www.pandacollector.com

Offline Straitssettlementshop

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Re: WOW of the day
« Reply #96 on: May 10, 2011, 09:37:34 PM »
could it be the possible that the chinese dealers are hoarding the 1994 and 1993 now ?

Offline PandaCollector

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Re: WOW of the day
« Reply #97 on: May 10, 2011, 09:40:05 PM »
I am quite certain they aren't hoarding the 1994 – it's not available. I had someone who knows practically everyone there at a dealer-to-dealer level looking for one a couple of months ago and he found just one. That one is now gone.

Best wishes,
Peter Anthony
http://www.pandacollector.com

Offline Panda Halves

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Re: WOW of the day
« Reply #98 on: May 10, 2011, 09:54:03 PM »
 :biggrin:
I think the 1994 may be rarer than the 1992 set.
When was the last time a 1994 gold proof coin other than the 25y 1/4 has been on eBay?
How many 1992 sets or singles have been for sale by comparison.
What is an accurate mintage figure for 1994 proof sets?

Offline poconopenn

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Re: WOW of the day
« Reply #99 on: May 10, 2011, 10:53:37 PM »
1993 4-coin proof set (no bimetal) was sold $5171 at H.K. Champion auction on 4/17/11.

1994 4-coin proof set (no bimetal) was sold $6,000 at H.K. Champion auction on 1/22/11.

The mintage of 1993 is 2,005 and 1994 is 903.

The bimetal has a higher mintage vs. proof set and the current fair value will be $1,200-$2,000.

Offline PandaCollector

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Re: WOW of the day
« Reply #100 on: May 10, 2011, 11:03:37 PM »
1993 4-coin proof set (no bimetal) was sold $5171 at H.K. Champion auction on 4/17/11.

1994 4-coin proof set (no bimetal) was sold $6,000 at H.K. Champion auction on 1/22/11.


+18% juice.

Best wishes,
Peter Anthony
http://www.pandacollector.com

KonaJim

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Re: WOW of the day
« Reply #101 on: May 10, 2011, 11:13:10 PM »
I just bought a 1993 proof set two days ago on Ebay for $ 5,700.00.  I was the only bidder.

Offline Panda Halves

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Re: WOW of the day
« Reply #102 on: May 10, 2011, 11:20:37 PM »
Add the 1994 set sold by Champion in December and the 10k set that sold on Apmex in March and you have three sets or partial sets sold  by dealers since September. I have seen around two dozen 1992 sets or singles sell in the same time frame. I think there is a possibility that the actual mintage could be less than 903 for the 1994. Aside from large date / small date / mirror and other varieties it is the rarest PF/MS pattern in the NGC registry for fractional pandas and the key to completing MS/PF fractional sets. It was quite an ordeal for me to find a nice one. 1992 sets have remained steadily obtainable.

Offline PandaCollector

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Re: WOW of the day
« Reply #103 on: May 10, 2011, 11:21:39 PM »
I just bought a 1993 proof set two days ago on Ebay for $ 5,700.00.  I was the only bidder.

Which is an example of why it's important to know price levels in North America as well as Asia/China. There's a reason many Chinese dealers and collectors buy numismatic material in other countries and ship it back to China. There just aren't enough people in the Americas who "get it" yet about these coins. When I walk around a show floor at least 80% of the dealers don't want to hear about Chinese coins. By the time they finally figure it out there isn't going to be much on this continent to trade. I'm a firm believer that important Chinese coins frequently bring higher prices in Hong Kong or Beijing than in the U.S. or Europe. Jim, congratulations on a well-bought set of coins.

Best wishes,
Peter Anthony
http://www.pandacollector.com
« Last Edit: May 10, 2011, 11:28:52 PM by PandaCollector »

Offline PandaCollector

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Re: WOW of the day
« Reply #104 on: May 10, 2011, 11:22:31 PM »
It was quite an ordeal for me to find a nice one.

Tell me about it! Actually, it was an interesting experience.

Best wishes,
Peter Anthony
http://www.pandacollector.com