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Author Topic: 2016 Panda Coins; Update and Discussion  (Read 26630 times)

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Offline PandaCollector

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Re: 2016 Panda Coins; Update and Discussion
« Reply #15 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.
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Offline KeepOnTrying!

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Re: 2016 Panda Coins; Update and Discussion
« Reply #16 on: October 30, 2015, 10:02:00 AM »
Quote from: 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.

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!
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Offline Mak007

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Re: 2016 Panda Coins; Update and Discussion
« Reply #17 on: October 30, 2015, 02:47:38 PM »
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Offline PandaCollector

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Re: 2016 Panda Coins; Update and Discussion
« Reply #18 on: October 30, 2015, 10:50:05 PM »
Quote from: KeepOnTrying! on October 30, 2015, 10:02:00 AM
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
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Offline ChinaClipper

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Re: 2016 Panda Coins; Update and Discussion
« Reply #19 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).
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Offline KeepOnTrying!

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Re: 2016 Panda Coins; Update and Discussion
« Reply #20 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
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Offline KeepOnTrying!

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Re: 2016 Panda Coins; Update and Discussion
« Reply #21 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!
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Offline KeepOnTrying!

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Re: 2016 Panda Coins; Update and Discussion
« Reply #22 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.
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Offline KeyDate1/2ozPandas

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Re: 2016 Panda Coins; Update and Discussion
« Reply #23 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.  
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Offline wg

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Re: 2016 Panda Coins; Update and Discussion
« Reply #24 on: December 17, 2015, 12:50:56 AM »
Quote from: 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.

"cherry pick" :thumbdown:
 N20
then perhaps it is better to stash the old sheets.
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Offline Panda Halves

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Re: 2016 Panda Coins; Update and Discussion
« Reply #25 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
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Offline KeepOnTrying!

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Re: 2016 Panda Coins; Update and Discussion
« Reply #26 on: December 23, 2015, 02:53:17 PM »
Quote from: 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

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:
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Offline Grip

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Re: 2016 Panda Coins; Update and Discussion
« Reply #27 on: December 23, 2015, 07:59:07 PM »
I'll put money on Panda America in affiliation with....??? 
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Offline poconopenn

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Re: 2016 Panda Coins; Update and Discussion
« Reply #28 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.
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Offline SANDAC

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Re: 2016 Panda Coins; Update and Discussion
« Reply #29 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.
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