Author Topic: What's it Worth Now?  (Read 1778 times)

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Offline Mirkkanen

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What's it Worth Now?
« on: March 14, 2016, 07:38:58 PM »
2002 1/4 gold panda . . .

in OMP?
in NGC 69?
in NGC 70?

Offline dynamike51

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Re: What's it Worth Now?
« Reply #1 on: March 14, 2016, 08:50:27 PM »
2002 1/4 gold panda . . .

in OMP?
in NGC 69?
in NGC 70?

It's worth a lot less than 1/10  :laugh:

Offline Birdman

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Re: What's it Worth Now?
« Reply #2 on: March 14, 2016, 08:54:12 PM »
2002 1/4 gold panda . . .

in OMP?
in NGC 69?
in NGC 70?

As you likely saw, there are fairly recent sales comps on eBay for $1186 (omp; Feb 21) and $1250 (MS69; March 5).  Arif had a 69 listed for $1500 a week or so ago, but it is no longer listed (sold?).  The supply for the 2002 G1/4, as with several other coins recently, is drying up, so I wouldn't want to sell my MS69 for as low as the ebay comp price.  At the moment, I wouldn't expect the premium for a pop 14 MS70 G1/4 to be over 30%, since this coin has run up quite a bit recently, but with 70s, it can always be surprising what a collector will pay for the right coin for his collection.

Disclosure:  I have an MS69 and an MS70 2002 G1/4, so I'm also curious what the current market value is.

I assume there still isn't a premium for the Shanghai/Shanghai/bamboo varieties of 2002 g1/4?

Offline Mirkkanen

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Re: What's it Worth Now?
« Reply #3 on: March 14, 2016, 09:04:43 PM »
I just checked ended eBay auctions and I do see those results. I wonder what an OMP coin would go for today . . .

Offline poconopenn

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Re: What's it Worth Now?
« Reply #4 on: March 14, 2016, 11:27:20 PM »
PCGS has graded 2002 gold panda in two different versions, Shanghai and Shenzhen. It is reasonable to see the difference in 1, 1/2, 1/10 and 1/20 oz., but not 1/4 oz.. Shanghai version appears to be the rare version.

The difference of 1/4 oz. of Shanghai and Shenzhen is very limited, except the size of numbers, unlike other fractions which the difference in the position of AU and .999 is quite obvious.

 

Offline Birdman

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Re: What's it Worth Now?
« Reply #5 on: March 15, 2016, 06:24:33 AM »
PCGS has graded 2002 gold panda in two different versions, Shanghai and Shenzhen. It is reasonable to see the difference in 1, 1/2, 1/10 and 1/20 oz., but not 1/4 oz.. Shanghai version appears to be the rare version.

The difference of 1/4 oz. of Shanghai and Shenzhen is very limited, except the size of numbers, unlike other fractions which the difference in the position of AU and .999 is quite obvious.

 

Thanks poconopenn.  I hadn't checked the PCGS pops for those coins recently.  The Shanghai does seem to be rarer, at least of the coins submitted to PCGS.  I now recall an earlier conversation where it was suggested that the Shenzhen might just be the version that was most likely to make it out of China (and thereby be available to submit to the US-based grading companies.)

http://china-mint.info/forum/index.php?topic=2618.msg35871#msg35871

So there still isn't a premium for the Shanghai type?  I still have my 2002 G1oz shanghai, thinking that it is a shame to sell it for the same $ when it is much tougher to find (PCGS has 128 v 5)

I wonder why NGC doesn't recognize the types for 2002 anymore (as does PCGS).  Furthermore, it seems they still don't recognize the distinct bamboo cluster varieties of 2001.  http://china-mint.info/forum/index.php?topic=11258.0 They seem a bit slow on that.


Offline poconopenn

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Re: What's it Worth Now?
« Reply #6 on: March 15, 2016, 08:04:56 PM »
Thanks poconopenn.  I hadn't checked the PCGS pops for those coins recently.  The Shanghai does seem to be rarer, at least of the coins submitted to PCGS.  I now recall an earlier conversation where it was suggested that the Shenzhen might just be the version that was most likely to make it out of China (and thereby be available to submit to the US-based grading companies.)

http://china-mint.info/forum/index.php?topic=2618.msg35871#msg35871

So there still isn't a premium for the Shanghai type?  I still have my 2002 G1oz shanghai, thinking that it is a shame to sell it for the same $ when it is much tougher to find (PCGS has 128 v 5)

I wonder why NGC doesn't recognize the types for 2002 anymore (as does PCGS).  Furthermore, it seems they still don't recognize the distinct bamboo cluster varieties of 2001.  http://china-mint.info/forum/index.php?topic=11258.0 They seem a bit slow on that.



Thanks birdman for the link. I remember the discussion, but can not locate the thread.

The previous discussion was four years ago and no grading company had recognized the variety at that time. I do not know the time that PCGS starts to grade 2002 variety. However, PCGS started actively promoting its grading services inside China in 2013. IMO, the PCGS population report should have reasonable amount of submissions from China and represent the reliable information about the rarity.
 
It is interested to note that no Shenzhen version of ¼ oz. has been graded by PCGS yet, while Shanghai is rarer in other fractions.