Author Topic: General state of silver panda market  (Read 3774 times)

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Offline canadian

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General state of silver panda market
« on: November 26, 2016, 12:30:37 PM »
There has been a lot of discussion about the gold panda market ie. demand for key dates for inclusion in master sets etc., What about silver pandas? Is there such a thing as silver panda master sets? What is the demand for them? Who is building them?
I have a medium sized collection of silver pandas 1989 - 2010. A dealer has offered to buy the whole collection at what I believe to be a fair wholesale price 60 - 65% of pricepedia. I am tempted to sell but feel that I should be a bit better informed. Any comments that would help me with my decision would be greatly appreciated.


Offline jc888888888

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Re: General state of silver panda market
« Reply #1 on: November 26, 2016, 04:19:47 PM »
graded or ungraded?? omp ?? or just raw coins?

Offline canadian

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Re: General state of silver panda market
« Reply #2 on: November 26, 2016, 05:12:49 PM »
OMP mostly, and mostly one of each 1989 to 2000 ..... multiples from 2001 to 2010..... only 1 OZ, no proofs 

Offline jc888888888

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Re: General state of silver panda market
« Reply #3 on: November 26, 2016, 05:28:29 PM »
It really depends on the quality of the coins ....ie if coins are white spot free that probably is not a horrible offer for the whole lot

Offline pandamonium

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Re: General state of silver panda market
« Reply #4 on: November 26, 2016, 07:00:00 PM »
Articles say Islam gold demand begins 2nd week of December and is suppose to be huge.    Why not wait a bit?     The silver panda set i wish i had would be the 1984 to 89 Hong Kong Expo silver pandas.   Not a master set but should get some attention in the future.......Ebay seller and forum member pandamoneya had a silver panda set like yours so maybe you could contact him?.......

Offline canadian

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Re: General state of silver panda market
« Reply #5 on: November 26, 2016, 07:03:17 PM »
Thanks for the advice jc, The coins are nice but I am not really in a position to try to retail them. Ebay is so expensive and corrupt plus I am located in Canada which presents a bit of a barrier for most intested parties.

Offline twong

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Re: General state of silver panda market
« Reply #6 on: November 26, 2016, 07:10:19 PM »
Not being in US or China definitely has its challenges when you try to sell the coins. Can you post some pics of your coins?

Offline canadian

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Re: General state of silver panda market
« Reply #7 on: November 26, 2016, 07:13:57 PM »
Thanks pandamonium, I had a look around to see if I could find "pandamoneya" but I cant find him on the forum or Ebay, could use another name?

Offline jc888888888

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Re: General state of silver panda market
« Reply #8 on: November 26, 2016, 07:19:40 PM »
Post some pics of the coins. Lots of buyers here

Offline KeepOnTrying!

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Re: General state of silver panda market
« Reply #9 on: November 26, 2016, 07:27:19 PM »
It may be easier to sell the whole lot to the dealer. Retail sales could take a long time to complete and you may never sell all the coins in the set.
KeepOnTrying and Never Give Up!
That lion is also after you!

Offline canadian

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Re: General state of silver panda market
« Reply #10 on: November 26, 2016, 07:27:42 PM »
 Hi twong/jc Here are a few random pictures....I pulled them from an old insurance file and I am not exactly sure what they are They probably will give an idea of what I have without presenting much detail or a complete picture

Offline pandamonium

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Re: General state of silver panda market
« Reply #11 on: November 26, 2016, 09:21:24 PM »
Nice collection!         pandamoneya email is   miked4421@yahoo.com     Hopefully the photos you posted will get some interested and close to retail price...

Offline CS

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Re: General state of silver panda market
« Reply #12 on: November 27, 2016, 11:37:27 AM »
The silver market is very weak. Depending on your financial needs, it is usually better to sell a few at a time, space out over time w different dealers offers as they may or may not have an active market for your silver. You can even try selling some in this forum, consign some, or even ebay which should be less than 35% commission. Human nature, needs or perceptions tend to run thru extremes, that is why we tend to sell at the bottom or buy at the top. Selling parts over time will help avoid it.

Offline tater

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Re: General state of silver panda market
« Reply #13 on: November 27, 2016, 12:01:24 PM »
There are a lot of people here that might be interested.  I have a small sized panda collection in silver and have bought from forum members here and had good experience.

Offline twong

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Re: General state of silver panda market
« Reply #14 on: November 28, 2016, 10:40:52 AM »
Try posting in buy sell section with your asking price.

Offline canadian

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Re: General state of silver panda market
« Reply #15 on: November 28, 2016, 12:47:32 PM »
Thank you all for your advice......I will post a complete list with a price.