Author Topic: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal  (Read 18877 times)

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Offline lucklymoney

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Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« on: April 01, 2014, 02:32:29 AM »
Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal

Diameter: 40mm. Circulation: 1800. Release Date: 2000.

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Offline Contrapunctus

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #1 on: April 01, 2014, 07:25:37 AM »
Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal

Diameter: 40mm. Circulation: 1800. Release Date: 2000.

Color is a no-no in numismatics.

Offline davidt3251

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #2 on: April 01, 2014, 10:49:33 AM »
Color is a no-no in numismatics.

Says who? There is no rule that says numismatics cannot be colored.

This 5oz color silver Tiger would have been about a $500-700 coin when it came out in 2010. The dealer sold the ebay item I have linked below, the ask was $5477. (The high price isnt grade-related either, at NGC 84% of these grade 69 or 70)

So, 8-10x your money in under 4 years is a no-no?

NGC PF69 Ultra Cameo China 2010 Tiger Silver Colored 5 Oz Coin
http://www.ebay.ca/itm/NGC-PF69-Ultra-Cameo-China-2010-Tiger-Silver-Colored-5-Oz-Coin-/161228323608?pt=US_World_Coins&hash=item2589f4fb18



That price performance beats a lot of other coins minted 4 years ago or even 10 years ago. A cursory review of current and sold ebay listings shows no uncolored 2010 MCC on ebay recently beats that colored tiger's price performance.

Another example is the 2006 colored dog, also about a 10x price increase from when it was originally sold.
http://www.ebay.ca/itm/2006-1oz-lunar-animal-China-colorized-silver-dog-coin-with-COA-/371023703554?pt=US_World_Coins&hash=item5662bc6e02

I have a lot of colored MCC and in terms of quality, which was an early complaint, the newer coins retain their color without the old peeling problems of past coins.

My personal favorite is the three year series outlaws of the marsh, 2009-2011.

I work in mining, and your comment reminded me of what happened with colored diamonds. There was originally no market for the brown, blue, yellow, orange and other muticolored diamonds. Only pink sold but even then the price was low. So they branded them. Brown used to be so cheap it was sold for industrial use, but now 'chocolate' or 'champagne'  diamonds are all the rage.

Colored diamonds have had great price appreciation due to their scarcity versus white diamonds.

Similarly, colored coins also exhibit scarcity verses traditional silver coinage, and that explains the reasoning behind the 2010 Colored Tiger being a top price performer.

I wish I had invested in pink diamonds in 1999:
http://www.bevhillscap.com/investment-grade-diamonds/index.php

Offline SANDAC

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #3 on: April 01, 2014, 11:02:58 AM »
You go David!  I know you'll have something interesting to say about colored MCC and you didn't disappoint.  +1

Offline jc888888888

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #4 on: April 01, 2014, 12:38:28 PM »
  David is spot on ! you dont even have to go back that far look at the 2009 colorized Ox   100,000 supposed mintage when they where released $100 usd coin  ,18 month,s ago  500/700 usd  ,today 1000 and climbing
http://www.ebay.ca/itm/2009-china-lunar-animal-1oz-colorized-silver-ox-coin-NGC-PF69-Ultra-Cameo-/271427378532?pt=US_World_Coins&hash=item3f32551d64&_uhb=1

Offline wg

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #5 on: April 01, 2014, 12:44:54 PM »
 
Quote
Color is a no-no in numismatics.

:blushing:

Offline jc888888888

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #6 on: April 01, 2014, 12:48:22 PM »
Leave it to WG!!!!! no wonder they are so expensive :)   LOL  he is hoarding the world's supply

Offline jc888888888

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #7 on: April 01, 2014, 01:05:37 PM »

Offline NBM

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #8 on: April 01, 2014, 02:01:14 PM »
Gentlemen, that's what I call getting educated.
 N16

Offline Contrapunctus

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #9 on: April 01, 2014, 11:55:05 PM »
Says who? There is no rule that says numismatics cannot be colored.

This 5oz color silver Tiger would have been about a $500-700 coin when it came out in 2010. The dealer sold the ebay item I have linked below, the ask was $5477. (The high price isnt grade-related either, at NGC 84% of these grade 69 or 70)

So, 8-10x your money in under 4 years is a no-no?

NGC PF69 Ultra Cameo China 2010 Tiger Silver Colored 5 Oz Coin
http://www.ebay.ca/itm/NGC-PF69-Ultra-Cameo-China-2010-Tiger-Silver-Colored-5-Oz-Coin-/161228323608?pt=US_World_Coins&hash=item2589f4fb18



That price performance beats a lot of other coins minted 4 years ago or even 10 years ago. A cursory review of current and sold ebay listings shows no uncolored 2010 MCC on ebay recently beats that colored tiger's price performance.

Another example is the 2006 colored dog, also about a 10x price increase from when it was originally sold.
http://www.ebay.ca/itm/2006-1oz-lunar-animal-China-colorized-silver-dog-coin-with-COA-/371023703554?pt=US_World_Coins&hash=item5662bc6e02

I have a lot of colored MCC and in terms of quality, which was an early complaint, the newer coins retain their color without the old peeling problems of past coins.

My personal favorite is the three year series outlaws of the marsh, 2009-2011.

I work in mining, and your comment reminded me of what happened with colored diamonds. There was originally no market for the brown, blue, yellow, orange and other muticolored diamonds. Only pink sold but even then the price was low. So they branded them. Brown used to be so cheap it was sold for industrial use, but now 'chocolate' or 'champagne'  diamonds are all the rage.

Colored diamonds have had great price appreciation due to their scarcity versus white diamonds.

Similarly, colored coins also exhibit scarcity verses traditional silver coinage, and that explains the reasoning behind the 2010 Colored Tiger being a top price performer.

I wish I had invested in pink diamonds in 1999:
http://www.bevhillscap.com/investment-grade-diamonds/index.php

It's a no-no for me because it defeats the purpose of minting. Especially those color sticker coins with ENTIRE surface that is color sticker, it would be just a blank unminted coin when you peel the stickers away.

If you like it, willing pay high price for it, suits you.


:blushing:

Don't you have a fear when those stickers start peeling off and discoloring with time?

Gentlemen, that's what I call getting educated.
 N16

It certainly opens my eyes wide-eyed. :w00t:

Good thing about color coin is, if you dislike the original sticker's design, you can edit its photo with photoshop, re-print the design with your printer and paste it back. If your skills are good, people will think it's a rare variety.

I certainly can't change a long leaf 1982 gold panda to short leaf. N16

Offline wg

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #10 on: April 02, 2014, 01:39:20 AM »
Quote
Don't you have a fear when those stickers start peeling off and discoloring with time?
Quote


a week working hard and still not finished ...  :001_tongue:
  


Offline lucklymoney

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #11 on: April 02, 2014, 02:44:17 AM »
Is not a simple color, following a tiger is bad color. This is the relief process. Re-colored, completely different from the ordinary work
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Offline Contrapunctus

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #12 on: April 02, 2014, 04:39:10 AM »

a week working hard and still not finished ...  :001_tongue:

Awww.. This is just horrible; worse than 2013 expo medal's milk stains.

Did you just gave it to a 1-year-old kid? You should be thankful you got it back in one piece.


Is not a simple color, following a tiger is bad color. This is the relief process. Re-colored, completely different from the ordinary work

Why are most of the people I met here critics? Can't you take a little joke? N2


Leave it to WG!!!!! no wonder they are so expensive :)   LOL  he is hoarding the world's supply

Hoarding the world's supply? :w00t:

He should; I heard many children are wishing for coins with animal prints this christmas.

Offline lucklymoney

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #13 on: April 02, 2014, 04:43:55 AM »

o(∩_∩)o.
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Offline Contrapunctus

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Re: Shenzhen Mint 2000 Lunar Dragon 40mm china coin medal
« Reply #14 on: April 02, 2014, 04:47:55 AM »
friends Your say there is certain sense, a lot of color silver in China is not good。
o(∩_∩)o.

It's good, it's a noble job. Color coins are easy & fast to manufacture and are great as (free) gifts.

Children like them very much.