Topic: 2016 50G Gold Panda

[jedi2832]

http://www.cgcc.cn/html/details.html?keyname=4107
$2900+ In China
http://www.ebay.com/itm/China-2016-50g-800yuan-gold-panda-coin-with-coa-and-box-/371580666469?hash=item5683ef0265:g:S7cAAOSwr7ZW7~QJ
$3400 In USA

what you guys think? too much premium? or good buy?

[Deepwater]

$3400 seems a little high. The mintage is 20000.

[KeepOnTrying!]

Let's say the spot price for 50g gold is approximately $2000 today. So the premium is high irrespective of which country you buy it today. Especially given the mintage as referenced above.

Will people buy the proof coin? Definitely yes! Most likely people who are not afraid of writing big checks and/or are really keen on collecting this class of Panda coins.

Please note that some new release low mintage gold medals of similar or less weight have sold for similar or greater prices!

Can coin collection be rational and/or irrational?!! You bet! 

[Wafdawg]

I really would like one of these but that is robbery.  Most of the prices from the dealers from China who sell on eBay are just non-competitive.

[Gadermayr]

I got the 50 g Panda offered in Austria: Spot + 63 %

[christians86]

I have some problems looking at this page, the prices of the 1 kg pandas seems quite good, but chrome won't translate the page. Is there anywere else I might go?

[KeepOnTrying!]

I have some problems looking at this page, the prices of the 1 kg pandas seems quite good, but chrome won't translate the page. Is there anywere else I might go?

For the second url go to eBay.com and type in the following item number in the search panel: 371580666469.

The first url is to a Chinese website.

[Deepwater]

Hopefully US dealers will have the 50g coins soon.

[christians86]

For the second url go to eBay.com and type in the following item number in the search panel: 371580666469.

The first url is to a Chinese website.

Hi, it was the Chinese site I tried for the prices there. But ok, thanks.

[silberschatzimsee]

i hope they come to europe soon. i am waiting already a month for a europe based dealer

[ninteno]

already available, you need to be a bit more exactly, yor are waiting for a cheap one

http://www.duesselgold24.de/de/goldmuenzen/559-50-gramm-china-panda-goldmunze-2016-box.html?search_query=panda&results=52

[silberschatzimsee]

 Ahaha yes, i would like to purchase one but not with such ridiculious "apothekerpreise"

[wg]

Ahaha yes, i would like to purchase one but not with such ridiculious "apothekerpreise"

50g panda 2016
pouch with shanghai mint pattern and folded mint slip.
source ... the guy with the sealing maschine

4200 euro
http://www.ebay.de/itm/CHINA-50g-Goldpanda-2016-mit-Zettel-in-der-FOLIE-SOFORT-LIEFERBAR-/381587442014?hash=item58d862495e:g:EqwAAOSwQgpW~gth

regards

p.s.:  ca. 2800 euro was my buying price.

[wg]

..

[Tao-Panda]

4200 euro
http://www.ebay.de/itm/CHINA-50g-Goldpanda-2016-mit-Zettel-in-der-FOLIE-SOFORT-LIEFERBAR-/381587442014?hash=item58d862495e:g:EqwAAOSwQgpW~gth

Almost all the coins of this seller are overpriced... and he resealed some (many ?) of his coins.

[scanusa]

http://www.cgcc.cn/html/details.html?keyname=4107
$2900+ In China
http://www.ebay.com/itm/China-2016-50g-800yuan-gold-panda-coin-with-coa-and-box-/371580666469?hash=item5683ef0265:g:S7cAAOSwr7ZW7~QJ
$3400 In USA

what you guys think? too much premium? or good buy?

depending on the grade, (looks to me like PF 69s from MCM auctions are reflecting price close to omp) looks like below 2800 so at the time of this writing, 3400 was not a great price.

[Honus]

Thanks but no thanks on that premium - I wouldn't pay that.  There are gold pandas for which I'll gladly pay a big premium - that's not one of them.   Mintage is more than high enough to warrant patience for a coin like that.    Besides, just think of all the Jean-Paul Hevin macarons you can buy with $3390....

[christians86]

Any changes to peoples assumptions bout this coin? I wanted to start collecting them, but I'm holding a bit back because of the price, even after it has gone down in Europe. However, looking at the grades these gets, a PF70 demands 3 coins to be sent in order to have a fair chance of PF70. Approx. 30% of the coins get PF70....it might have been 2016 was a poor year, but does this change the game if I collect only PF70?

If I reconsider I'm planning on having a 100 gr 2016 PF70 instead, and quit there...only having the first metric year and then go for normal pandas. At least it will save me some money. I usually collect the australian lunar series, so China is not my main area.