Author Topic: 1998 1/10 OZ Gold Panda  (Read 4313 times)

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Offline BChung

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1998 1/10 OZ Gold Panda
« on: December 09, 2010, 08:53:41 PM »
Hi,

Can anyone please advise what this coin is worth?
http://cgi.ebay.com/CHINA-1998-Gold-1-10th-oz-Panda-Large-Date-CHINESE-/190478291891?pt=LH_DefaultDomain_0&hash=item2c596413b3

I look at the pics and the coin seems to be in good shape still.

Thanks.....

Offline badon

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Re: 1998 1/10 OZ Gold Panda
« Reply #1 on: December 09, 2010, 09:10:49 PM »
I'd guess it's worth between $1500 and $3000, given that a 69 specimen would be worth double or triple that.

Offline BChung

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Re: 1998 1/10 OZ Gold Panda
« Reply #2 on: December 09, 2010, 09:13:55 PM »
but the NGC slab only mentions that its removed from Jewelery.... I suppose does that mean that NGC removed it by them selves?  Will they grade the coin again if I request for grading (like giving me a grade in terms of levels)?

 

Offline badon

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Re: 1998 1/10 OZ Gold Panda
« Reply #3 on: December 09, 2010, 09:24:32 PM »
The marks on a coin from being mounted in jewelry are pretty distinctive. They can probably tell that it has been mounted in jewelry. Just looking at it myself, I can see enough damage that it probably won't get a high grade, even if they overlook the fact that it's been mounted in jewelry. They still probably would give it a details grade because coins mounted in jewelry usually look like they've been cleaned.

Offline BChung

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Re: 1998 1/10 OZ Gold Panda
« Reply #4 on: December 09, 2010, 10:10:49 PM »
I see... so I suppose your estimate of the coin pricing is based on its Low Mintage and because its a Large Date, which makes it even more rare right?

I am purchasing this as a collection, but for investment, but I just want to make sure I don't get over charge for this one. Thanks for the advices.



Offline badon

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Re: 1998 1/10 OZ Gold Panda
« Reply #5 on: December 09, 2010, 11:02:45 PM »
If it's not for investment, I think it is a good-looking coin that can be had cheaply for your collection.

Offline badon

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Re: 1998 1/10 OZ Gold Panda
« Reply #6 on: December 09, 2010, 11:07:26 PM »
This coin just sold sold for $1500, so I would guess that the coin you're looking at would be worth no more than $1500: 1998 1/10 oz gold large date panda NGC MS 64

Offline BChung

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Re: 1998 1/10 OZ Gold Panda
« Reply #7 on: December 09, 2010, 11:20:50 PM »
I can only hope that no one will be bidding but me........

Offline wyldkatt

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Re: 1998 1/10 OZ Gold Panda
« Reply #8 on: December 11, 2010, 09:51:46 PM »
Hi-
I don't want to sound out of line here,
but I believe this is offered by 'konajim',
who is also a forum member.
Wouldn't it be to your advantage, to seek him out directly, for these inquiries?

I'm just sayin'...

~wyld~

Offline BChung

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Re: 1998 1/10 OZ Gold Panda
« Reply #9 on: December 12, 2010, 08:53:31 AM »
ooo really? Dammit I didn't know that...

Offline wyldkatt

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Re: 1998 1/10 OZ Gold Panda
« Reply #10 on: December 12, 2010, 06:21:33 PM »
Hello all-

So, this went for a final bid of $787.

So out of 8,502 of these, from both mints combined, both large,& small dates,
what kind of speculative numbers, are there out there,
on how many actual coins are really available to come to the collector market?

And what would be a good purchasing price range for both this, and the 5 Yuan, as well?
At least for these two, would there be a min./max., for former bezeled coins,
and a different min./max., for slabbed coins?

I mean, what is the 10 Yuan worth to that 8,503rd collector?
Surely they shouldn't think their coin would grade, should they?
Those coins would have been accquired by deep pockets long ago, IMHO.
At that point, everything becomes a 'hole-filler', and '98 set completor.
What say you folks?

~wyldkatt~

Offline BChung

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Re: 1998 1/10 OZ Gold Panda
« Reply #11 on: December 12, 2010, 07:25:53 PM »
ouch.....

I lost the bid.... gotta say the 1998 Gold Panda are in such high demand, average or newbie collectors like me will just have to ignore it.... just simply out of reach....

Offline Devlin

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Re: 1998 1/10 OZ Gold Panda
« Reply #12 on: December 14, 2010, 06:41:55 PM »
Back in May, I sold two 1/10 1998's. They were both ungraded, the one in the original package sold for $511 and the other sold for $480 on Ebay.   


Offline PandaOrLunar

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Re: 1998 1/10 OZ Gold Panda
« Reply #14 on: December 26, 2010, 12:11:00 AM »
Besides the date, is there any other indicator(s) of the difference between the Large and Small Date 1998 gold panda?