Author Topic: WOW of the day  (Read 676764 times)

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Offline Panda Halves

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Re: WOW of the day
« Reply #105 on: May 10, 2011, 11:26:36 PM »
Yes. Thank you one again Peter! Quite an ordeal... But with a happy end.

Offline Straitssettlementshop

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Re: WOW of the day
« Reply #106 on: May 11, 2011, 12:20:51 AM »
Panda Collector,
The price and the rartity of 1994 espically the 1/2oz. gold BU is so much cheaper and rarer compared with the 1998 1/2oz. gold BU version. Why is the disparity so wide in term of price ?

Offline PandaCollector

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Re: WOW of the day
« Reply #107 on: May 11, 2011, 12:44:35 AM »
The madness of crowds. Actually, those exact coins are one of the subjects of my commentary on undervalued Pandas in the current Panda Pricepedia. Just the fact you have raised the topic is important.

Best wishes,
Peter Anthony
http://www.pandacollector.com


Offline Panda Halves

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Re: WOW of the day
« Reply #108 on: May 11, 2011, 12:46:36 AM »
The price and the rartity of 1994 espically the 1/2oz. gold BU is so much cheaper and rarer

Shhhhh

Offline poconopenn

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Re: WOW of the day
« Reply #109 on: May 11, 2011, 01:05:19 AM »
I just bought a 1993 proof set two days ago on Ebay for $ 5,700.00.  I was the only bidder.

Here is another 1993 set sold for $5,267.44 on May 6.

http://cgi.ebay.com/1993-Panda-Proof-Set-1-Coin-Bimetal-4-Coins-Gold-/320692251050?pt=LH_DefaultDomain_0&hash=item4aaabf69aa

IMO, all proof gold pandas are undervalued either in US or China. It does not make any sense that 1991 proof set is valued at 50% of 1998 BU set.

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Re: WOW of the day
« Reply #110 on: May 11, 2011, 01:55:02 AM »
Agreed.  100%.  The only counterpoint is that the BUs were sold individually, and not cared for, and abused, so their numbers of top quality coins is low in survivorship.  All the Proof Sets were cared for and encapsulated, so all survive well. But I agree with you, in the end, the numbers are likely comparable, so why are the rarer proof sets so undervalued comparatively?  I snatched up as many as I could afford a few years ago with this in mind.  I missed a few too.  :mad:

Offline PandaCollector

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Re: WOW of the day
« Reply #111 on: May 11, 2011, 02:00:48 AM »
Agreed.  100%.  The only counterpoint is that the BUs were sold individually, and not cared for, and abused, so their numbers of top quality coins is low in survivorship.  All the Proof Sets were cared for and encapsulated, so all survive well. But I agree with you, in the end, the numbers are likely comparable, so why are the rarer proof sets so undervalued comparatively?  I snatched up as many as I could afford a few years ago with this in mind.  I missed a few too.  :mad:

Just to add to that thought, there was significant melting of the BU coins during the '90s. I believe this affected the proofs to a lesser degree, although no doubt some of those were made into pins and rings, too.

Best wishes,
Peter Anthony
http://www.pandacollector.com

Offline Straitssettlementshop

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Re: WOW of the day
« Reply #112 on: May 11, 2011, 09:36:07 AM »
I have a few of the 1994 1/2oz. gold Panda gold MS69. Mintage less than 2000.

Happy Viewing !
Andrew





Offline Panda Halves

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Re: WOW of the day
« Reply #113 on: May 11, 2011, 12:16:46 PM »
 :drool:
Awesome spread. Those are some fantastic coins.

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Re: WOW of the day
« Reply #114 on: May 11, 2011, 12:39:08 PM »
Very nice, I like these and have some myself... But I think the correct phrase should be " BU survivorship Estimated to be under 2,000" ,  while Mintage was over 16,000.  Still, scarce and a beautiful coin in those MS69 grades.

Offline Straitssettlementshop

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Re: WOW of the day
« Reply #115 on: May 11, 2011, 12:41:23 PM »
Very nice, I like these and have some myself... But I think the correct phrase should be " BU survivorship Estimated to be under 2,000" ,  while Mintage was over 16,000.  Still, scarce and a beautiful coin in those MS69 grades.

Wisely said !  :thumbup1:

Offline mrslick32

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Re: WOW of the day
« Reply #116 on: May 11, 2011, 09:55:03 PM »
Apmex is currently offering a 1999 1 oz. Silver Large Date with Serif for sale. Their asking price is $3,495. I know that it's a very rare coin, but the asking price is unbelievable. Double wow if I find out that they sold that coin for that price.

KonaJim

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Re: WOW of the day
« Reply #117 on: May 11, 2011, 09:56:45 PM »
In that case the MS68 I have listed on Ebay is a steal at $ 800.00.

Offline Pandora

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Re: WOW of the day
« Reply #118 on: May 11, 2011, 10:17:55 PM »
In that case the MS68 I have listed on Ebay is a steal at $ 800.00.

Anybody who buys this coin will have a paper profit of $2,695. Who says economy is doing bad!  :biggrin:

Offline Panda Halves

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Re: WOW of the day
« Reply #119 on: May 12, 2011, 08:56:20 AM »
KonaJim,
I wouldn't say your 68 1999 is a steal.... at least not as much as a 1994 PF68 1/4 gold panda for sub $900.
 :blush: