Author Topic: 2017 August Hong Kong Auction "What the hell"??  (Read 1963 times)

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Offline MrOrganic

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2017 August Hong Kong Auction "What the hell"??
« on: August 15, 2017, 07:21:43 AM »
 :confused1: :scared: :glare:

   .........from april to august the market shot up?????   wtf!?

chinese bitcoin money?

laundered money?

chinese wall st now buying????

china bored with real estate???
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Offline KeyDate1/2ozPandas

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #1 on: August 15, 2017, 09:01:26 AM »
Vintage coins have been strong all year, I don't see any supply in the US anymore.  Modern was strong early due to master set demand, but slowed down in June-July, we will see if it comes back in the fall with new orders.

Offline collectingcoins

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #2 on: August 15, 2017, 11:16:54 AM »
Sorry for the dumb question, but can you give me examples vintage coins?  Thank you.

Offline MrOrganic

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #3 on: August 15, 2017, 11:48:43 AM »
Imperial/Republic coins

junk dollars     

fat man dollars
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Offline collectingcoins

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #4 on: August 15, 2017, 11:58:07 AM »
Thank you.  Are you saying these are more popular than the panda coins, and hard to find? 

Offline KeepOnTrying!

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #5 on: August 15, 2017, 12:14:42 PM »
Thank you.  Are you saying these are more popular than the panda coins, and hard to find? 

Each group of coins and medals have collectors and enthusiasts and peaks/troughs that may coincide or occur independently of each other.
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Offline pandamonium

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #6 on: August 15, 2017, 12:22:55 PM »
Vintage coins include the Empire small silvers too?.......

Offline PandaCollector

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #7 on: August 15, 2017, 06:48:11 PM »
Imperial Dynasties' coins will only become harder to collect outside of China. A week ago I was told by some upset Chinese-American collectors/part-time dealers that China's customs branch is no longer allowing export of numismatic items older than 1911. This regulation was not strictly enforced until recently. This is the relevant regulation:

望月 20:32

Cultural relics are classified into precious ones and general ones. Rare and precious cultural relics, revolutionary cultural relics and those detrimental to national honor, undermining national unity and/or having a bad political effect are prohibited from export.

General cultural relics may be permitted for export upon special approval of the State Bureau of Cultural Relics. Artifacts and replicas produced after the founding of the People's Republic of China do not fall into cultural relics and may be managed as general articles.


As you can see, all items made after 1949 are specifically exempted from the rule. They are still subject to other regulations, such as those that control the export of gold and platinum.

Best wishes,
Peter Anthony
China Pricepedia
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com

Offline pandamonium

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #8 on: August 15, 2017, 07:02:49 PM »
Interesting post pandacollector.       The day is coming when China will only serve their domestic market and we in the West will have access to none including new issue.    Just my 2 cents.....

Offline bape

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #9 on: August 16, 2017, 06:18:02 AM »
CHINA. 50 Yuan, 1995. Panda Series. PCGS MS-69 Secure Holder.
Sold for $18,000
https://auctions.stacksbowers.com/lots/view/3-830YE

CHINA. 50 Yuan, 1995. Panda Series. PCGS MS-68 Secure Holder.
Sold for $16,800
https://auctions.stacksbowers.com/lots/view/3-830YP

Offline MrOrganic

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #10 on: August 16, 2017, 06:36:43 AM »
 Dont forget to add 20%    N17
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Offline bape

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #11 on: August 16, 2017, 07:18:19 AM »
The said prices already included 20% BP.

Offline madronya

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #12 on: August 16, 2017, 10:59:15 AM »
A nicer (no red spots) 1995 1/2 NGC 69 sold on Greatcollections Sunday night for a little over $18,000 including 10% buyers premium.

Offline KeyDate1/2ozPandas

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #13 on: August 16, 2017, 11:38:45 AM »
I am glad to see 1995 1/2 come out as that allows more master sets to be made and search for other coins raise all boats. 

Offline pandamonium

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Re: 2017 August Hong Kong Auction "What the hell"??
« Reply #14 on: August 22, 2017, 08:55:36 AM »
Imperial Dynasties' coins will only become harder to collect outside of China. A week ago I was told by some upset Chinese-American collectors/part-time dealers that China's customs branch is no longer allowing export of numismatic items older than 1911. This regulation was not strictly enforced until recently. This is the relevant regulation:

望月 20:32

Cultural relics are classified into precious ones and general ones. Rare and precious cultural relics, revolutionary cultural relics and those detrimental to national honor, undermining national unity and/or having a bad political effect are prohibited from export.

General cultural relics may be permitted for export upon special approval of the State Bureau of Cultural Relics. Artifacts and replicas produced after the founding of the People's Republic of China do not fall into cultural relics and may be managed as general articles.


As you can see, all items made after 1949 are specifically exempted from the rule. They are still subject to other regulations, such as those that control the export of gold and platinum.

Best wishes,
Peter Anthony
China Pricepedia
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com





I have no idea which coins or numismatic items older than 1911 the Chinese are targeting.   Maybe all of them?      The only ones affordable for my collectors friends are, for example, the Empire small graded silver dragon like the 1890-1908 Kwangtung silver dragons.    They seem popular now as the prices have almost tripled in the last few months but at rare times there are cheap sales on ebay too.      Not sure what the Imperial Dynasty coins are so i told my friends to buy and hold the Empire graded small silvers......The argument against them is many graded by NGC/PCGS are fakes and there were a ga-zillion of them minted.      The argument for them is i know the graders have made mistakes but i and many others trust the graders.     The amount of UNC or high grades are tiny in comparison to the amount minted.    Maybe this new rule will help those that collect them.     The highest grades are MS 66 or 65 or 64.     
Am i way off base or close to facts?.......