Author Topic: 2011 Silver Kilo in China  (Read 3197 times)

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Offline PandaCollector

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2011 Silver Kilo in China
« on: October 31, 2010, 03:50:11 PM »
I came across a report today that said the price for an early example of the 2011 Year of the Rabbit Kg silver coin is 48,000 Yuan = $7,160.

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

Offline badon

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Re: 2011 Silver Kilo in China
« Reply #1 on: October 31, 2010, 03:58:59 PM »
Wow. What's the mintage?

Offline snowball

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Re: 2011 Silver Kilo in China
« Reply #2 on: October 31, 2010, 05:36:38 PM »
The minage figure is the same as previous years at 3800 pcs.  I have seen several pcs changing hands at 44500 RMB ($6642.00). 

Here is the news and images for 2011 Lunar Rabbits:
http://chinesecoinnews.com/2010/10/chinese-coin-news/2011-chinese-lunar-rabbit-series/
Happy Collecting!  快乐收藏!

Colin
CE Collection Inc.
China Mint | Online Store

Offline badon

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Re: 2011 Silver Kilo in China
« Reply #3 on: October 31, 2010, 05:44:35 PM »
Wow, I wonder why so much? Older coins with much smaller mintages sell for much less. I guess it's parents buying for their newborn babies, as mentioned here?:

http://china-mint.info/forum/index.php?topic=1110.msg3169#msg3169

Offline ?

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Re: 2011 Silver Kilo in China
« Reply #4 on: October 31, 2010, 10:59:21 PM »
Here is another price for the silver kilo rabbit, cheaper than Anthony'S but I would not call that modest

http://www.cgcin.com/product.asp?id=6001

Also the rest of the series seems to start quite high:

1 oz silver round = 900 Yuan
1 oz silver fan = 1,500 Yuan :scared:
1 oz silver plum = 880 Yuan
1 oz silver colour = 1,400
5 oz rectangular = 17,000 Yuan
5 oz silver colour = 23,000 Yuan

Especially the difference between the 2 5 oz leaves me surpised as the cheaper rectangular version whill have a mintage of 1,888 while the coloured version will have almost ten times as much, i.e. 11,800.

May be, one of us, who speaks chinese want's to check the website, if that is true. I have may doubts as on the following pages they list coins far below actual market value :001_unsure:

greetz anwir

Times are getting harder for collectors.

greetz anwir

Offline shadowninja

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Re: 2011 Silver Kilo in China
« Reply #5 on: November 02, 2010, 06:24:09 PM »
That price on the site is below Anthony's but too much for me, I have no money! I'm only 18!

Offline badon

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Re: 2011 Silver Kilo in China
« Reply #6 on: November 02, 2010, 06:35:13 PM »
Welcome to the big leagues! You already own a coin that men twice your age often only dream about. I'd say you're off to a good start. This is a hobby that not only allows you to accumulate wealth, but also to literally get rich. The early ones in, like yourself, are getting the best coins.