Author Topic: Gold Panda recent prices  (Read 8345 times)

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Offline moosician

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Gold Panda recent prices
« on: June 02, 2016, 03:43:57 AM »
1/2s took off a few months back this year, now we are seeing a sudden price surge of 1/4s.

My immediate response would be thinking are the rises long due and seen as 'healthy'? Is it sustainable and seen as will continue in the uptrend?
2ndly, will 1/10s and 1/20s follow suit?

Ive read the term 'high tide lifts all boats' and understand the rises are mostly due to master and yearly panda sets demand.
But seeing the 1/4s are much expensive now, im torn between collecting 1/4s or 1/10s.

Yes, im refering to key/ semi key dates 1/4s and 1/10s.

Appreciate your thoughts.

Offline KeepOnTrying!

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Re: Gold Panda recent prices
« Reply #1 on: June 02, 2016, 06:28:53 AM »
One has to acknowledge that there is some degree of speculation here and not all strategies will work out successfully in future.

But once these coins are minted no additional coins of the same years will be minted again. Then comes attrition of numbers; the coin population keeps on falling and fewer of these coins will be publicly available in the coming years. And the population of collectors is expected to continue increasing.

Therefore investing in key/semi key 1/10oz and 1/4oz coins is likely to yield some returns in future but by how much is not clear. However the key coins are already quite expensive.

I don't think it matters which fractional coin series you buy as long as you buy when the coin is undervalued/undiscovered.
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Offline xiaohei99

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Re: Gold Panda recent prices
« Reply #2 on: June 02, 2016, 08:55:57 AM »
1/2s took off a few months back this year, now we are seeing a sudden price surge of 1/4s.

My immediate response would be thinking are the rises long due and seen as 'healthy'? Is it sustainable and seen as will continue in the uptrend?
2ndly, will 1/10s and 1/20s follow suit?

Ive read the term 'high tide lifts all boats' and understand the rises are mostly due to master and yearly panda sets demand.
But seeing the 1/4s are much expensive now, im torn between collecting 1/4s or 1/10s.

Yes, im refering to key/ semi key dates 1/4s and 1/10s.

Appreciate your thoughts.

94, 96, 97, 02, 03, 06 1/4oz are all exploding in prices, some of which already surpass price of some common 1/2oz.

What's the next 95 1/4?

Offline wittu

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Re: Gold Panda recent prices
« Reply #3 on: June 02, 2016, 09:49:47 AM »
"94, 96, 97, 02, 03, 06 1/4oz are all exploding in prices, some of which already surpass price of some common 1/2oz.

What's the next 95 1/4?"

If i would have to decide...  N33



 :lol:

wittu  N48

Offline moosician

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Re: Gold Panda recent prices
« Reply #4 on: June 02, 2016, 11:11:13 AM »
One has to acknowledge that there is some degree of speculation here and not all strategies will work out successfully in future.

But once these coins are minted no additional coins of the same years will be minted again. Then comes attrition of numbers; the coin population keeps on falling and fewer of these coins will be publicly available in the coming years. And the population of collectors is expected to continue increasing.

Therefore investing in key/semi key 1/10oz and 1/4oz coins is likely to yield some returns in future but by how much is not clear. However the key coins are already quite expensive.

I don't think it matters which fractional coin series you buy as long as you buy when the coin is undervalued/undiscovered.

Thanks!  :thumbup1:




"94, 96, 97, 02, 03, 06 1/4oz are all exploding in prices, some of which already surpass price of some common 1/2oz.

What's the next 95 1/4?"

If i would have to decide...  N33



 :lol:

wittu  N48

 :drool: Sell/trade me one!

Offline Seng_84

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Re: Gold Panda recent prices
« Reply #5 on: June 02, 2016, 11:19:34 AM »
How much would a 02 1/4 be?

Offline wittu

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Re: Gold Panda recent prices
« Reply #6 on: June 02, 2016, 12:11:31 PM »
@moosician

this is, why i don´t sell yet.
This is, why i collected pandas, too.

It is my understanding that all coins issued by China Mint since 2003 were made according to the planned mintage, except pandas, which have not been popular among collectors inside China, until recently.
 
Very nice, to read this from you! N48 Gives me even more courage.

It just started... VERY fast though...

I wouldn´t sell any size right now. Nobody knows: if master sets are successfull, why not "smaller ones", like for example:



This is part of the China Story... i was/ we were always hoping, that chinese collectors may start to get interested, weren´t we?

Let`s see, how much potential our Pandas still have. IT IS a thankfull collection area, which is fun and pretty easy to overview (but hard to complete  :blink:)

Greetings,
wittu  N48

Offline silverpv

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Re: Gold Panda recent prices
« Reply #7 on: June 02, 2016, 02:16:17 PM »
@moosician

this is, why i don´t sell yet.
This is, why i collected pandas, too.
 
Very nice, to read this from you! N48 Gives me even more courage.

It just started... VERY fast though...

I wouldn´t sell any size right now. Nobody knows: if master sets are successfull, why not "smaller ones", like for example:



This is part of the China Story... i was/ we were always hoping, that chinese collectors may start to get interested, weren´t we?

Let`s see, how much potential our Pandas still have. IT IS a thankfull collection area, which is fun and pretty easy to overview (but hard to complete  :blink:)

Greetings,
wittu  N48

Are you based in china?

I'm also a collector of 1/10 and 1/4's but had to stop witht he 1/4's because they are creeping up in price. I'm not really buying or selling at the moment, its kinda frustrating!

The good thing is the portfolio is up... I really do hope the increase hits the 1/10ths with the type of demand for the 1/2's but realistically, there are many more 1/10ths than any other. The 1/4 is nice, but is already moving up. I'm also curious if China catches on and starts to build sets of 1/4's. Then of course, would it make sense if paying 4 digits for 1/4's, does it make sense to go for the full ounce 1oz...

Offline wittu

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Re: Gold Panda recent prices
« Reply #8 on: June 02, 2016, 02:21:50 PM »
Hi,

no... i live in Germany.

The most important thing for me... is:

In China, collectors seem to begin to get interested in pandas.

The most important point --> from now on the "China Story" can begin or go further...  N38
I am not able to predict what sizes and so on... but i don´t care too much about that question. If enough new collectors come to the market, all sizes will profit.
But of Course i hope the 1/10th come next...  :w00t:

I am not doing anything right now either. There is nothing affordable coming up to the market anyways and i didn´t get used to new Prices yet... I am just watching and enjoying. It is nice, to see rising prices after some harder years, isn´t it?

And like Arif said: if it is hard, to get the sold coins back...he rather takes them out.
The same for me as a collector. I want to keep them for now, and in this market, i wouldn´t get them back easily...

wittu  N48

Offline silverpv

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Re: Gold Panda recent prices
« Reply #9 on: June 02, 2016, 02:31:02 PM »
Hi,

no... i live in Germany.

The most important thing for me... is:

In China, collectors seem to begin to get interested in pandas.

THAT`s the most important point --> from now on the "China Story" can begin or go further...  N38

I am not doing anything right now either. There is nothing affordable coming up to the market and i didn´t get used to new prices... I am just watching and enyoing. It is nice, to see rising prices after some harder years, isn´t it?

wittu  N48


I just started collecting Pandas in November 2015 so prices have only been going up for me.   N25  . I don't know how the prices compare to the past, I did buy up as much as I could afford without getting into trouble. I'm glad I made the move to 1/4's when I did, but only have a small collection. 2002-2007

Offline Wafdawg

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Re: Gold Panda recent prices
« Reply #10 on: June 02, 2016, 04:17:53 PM »
My speculation is that coins that have run up will consolidate gains establishing new floors while others which haven't moved up yet will begin to catch up in price. 

Offline KeepOnTrying!

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Re: Gold Panda recent prices
« Reply #11 on: June 02, 2016, 08:39:22 PM »
How much would a 02 1/4 be?

There is currently no such coin for sale I can see on eBay USA. However, a 2002 MS69 1/4oz gold panda coin sold on eBay (#291701792332) for $1250 in March 2016.
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Offline moosician

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Re: Gold Panda recent prices
« Reply #12 on: June 02, 2016, 09:19:34 PM »
For 1/10s, seems 94 and 95 have run up fast, could this be due to 94 and 95 1/4s and 1/2s run up? year set demand? if so, based on this logic, would 93,96,97,00,03  be next rising? they seem to be in supply and not too expensive (yet?) though.

Offline Obsidian

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Re: Gold Panda recent prices
« Reply #13 on: June 02, 2016, 10:17:48 PM »
In the short term, I can't say what exactly will happen but I think in the long run collectors and investors alike will be unable to collect full date sets of all sizes and years..  Just like in the US gold coin market very few collectors have the means to collect all years of $21/2, $5, $10, $20 eagles let alone the Liberty head and other types of older gold coins with very low populations.  Most collectors try to complete a certain size or even just certain years, etc.

Assuming nothing drastic changes to negatively affect things, I believe collectors will start to specialize into 1/20th, 1/10th, 1/4s, etc.  Maybe the banks will even start doing programs for a particular size rather than a whole set.

Affordability will demand this happens.  At that point you will likely see increases in values of smaller sizes.

How quickly this will happen and how dramatically, I certainly don't know.

Offline poconopenn

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Re: Gold Panda recent prices
« Reply #14 on: June 02, 2016, 10:29:37 PM »
Article from Coin World (June 1st issue)

WHAT MAKES THE 1995 PANDA HALF-OUNCE GOLD BULLION COIN SO VALUABLE?

https://www.coinworld.com/news/precious-metals/2016/06/what-makes-the-1995-half-ounce-gold-panda-so-valuable.html

IMO, when coin magazine writes a special article about the valuation of a special coin, it suggests the peak price has reached for that coin in the current circle.