Author Topic: Current Pecking Order for 1/2 oz Gold Panda coins  (Read 14133 times)

0 Members and 1 Guest are viewing this topic.

Offline Panda Halves

  • Supporter
  • Global Moderator
  • Trade Count: (+9)
  • Hero Member
  • *****
  • Posts: 1273
  • Karma: 45
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #15 on: August 01, 2011, 06:50:04 PM »
I honestly don't know on 2001-D. Wild-card. It seems to be more common than previously thought though. No baseline and not comfortable putting it anywhere in the list for now. I can say that they don't generally grade well and typically have unresolvable issues. Raw ones keep popping up here and there but from the photos they aren't the sort I would personally chance it on. I'd feel very comfortable putting it on the latter list of coins worth owning as an already graded MS69 though.

Offline Grip

  • Supporter
  • Trade Count: (+4)
  • Sr. Member
  • ****
  • Posts: 576
  • Karma: 6
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #16 on: August 01, 2011, 07:18:22 PM »
Current total number of 69 graded coins by NGC:


1990   22
1991   63
1992   44
1993   82
1994   86
1995   91
1996   44
1997   49
1998   83
1999   91

These listed 50Y gold Pandas have extremely rare numbers for all dates that have been graded.  As a total number of graded coins these are all rare! The 94 1/2 oz unicorn  had an advertised mintage of 1100, and NGC has a total 43 graded (look at the 96 Panda 69's-very close). The 95 Yellow River had 2500 minted with 39 NGC graded coins (look at the 92 Panda 69's-very close). The 95 Unicorn had 2000 minted- with 54 NGC graded  coins (look at the 91 Panda 69's-very close). You cant go by total graded coins as this is a wild card as to who is holding raw coins that may never be graded. If you look at the numbers though, all these 1/2 Panda dates should be bought. Kudos to PH for discovering this early on...
« Last Edit: August 01, 2011, 07:26:16 PM by Grip »

Online pandaguy212

  • Supporter
  • Trade Count: (+20)
  • Full Member
  • ***
  • Posts: 373
  • Karma: 7
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #17 on: August 01, 2011, 07:18:55 PM »
I think this is a great topic - we should further diversify this list and start the pecking order for 1oz, 1/4oz, 1/10oz and 1/20oz sizes

Long way to go  :001_smile:

Offline Obsidian

  • Supporter
  • Trade Count: (+7)
  • Sr. Member
  • ****
  • Posts: 587
  • Karma: 32
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #18 on: August 01, 2011, 07:51:57 PM »
One other thing to think about.  The Panda coins were widely sold and distributed throughout the world and not as much in China.  A large portion ended up in the US where grading has become MUCH more popular than in China.  One MIGHT could make the assumption that population data for pandas could be closer to their final population numbers then say Lunars or even unicorns that have stayed more in mainland china.  Clearly there are still more coins out there to be graded both from China and elsewhere but there might be something to what I'm saying.

I'm certainly no expert though!

Seth

Offline Pandora

  • Supporter
  • Trade Count: (0)
  • Sr. Member
  • ****
  • Posts: 714
  • Karma: 14
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #19 on: August 01, 2011, 07:59:00 PM »
We would all love to hear PandaCollector's opinion. He is writing the second edition of his Panda book and he might have some surprises planned...

Offline KonaJim

  • Trade Count: (0)
  • Full Member
  • ***
  • Posts: 240
  • Karma: 5
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #20 on: August 01, 2011, 09:35:53 PM »
One thing I would have to bring up concerning the 2000 gold mirror 50 yuan versus the 1998 gold Large Date.  I am lucky enough to own both of these coins right now.  For the right price I could a 1998 Large Date today.  I just sold one yesterday for $ 14,000.00.  I have no way of buying a 2000, 50 yuan gold mirror.  Therefore I would rank the 2000 mirror first and the 1998 Large Date second.

Underbidder

  • Guest
  • Trade Count: (0)
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #21 on: August 01, 2011, 09:42:35 PM »
Thank you for selling that 98 at that price!  Bless you, KJ!   :thumbup1:  you just raised my net worth, and for that, thanks!

Underbidder

  • Guest
  • Trade Count: (0)
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #22 on: August 01, 2011, 10:17:01 PM »
Current total number of 69 graded coins by NGC:


1990   22
1991   63
1992   44
1993   82
1994   86
1995   91
1996   44
1997   49
1998   83
1999   91


Whoa, sticking out in those numbers is the overlooked 1990. Those numbers are comparably LOW at just 22?  Vs 83 and 91 of the much lower Mintage 1998 and 1999?  Is this an undervalued opportunity or...?

Offline Panda Halves

  • Supporter
  • Global Moderator
  • Trade Count: (+9)
  • Hero Member
  • *****
  • Posts: 1273
  • Karma: 45
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #23 on: August 01, 2011, 10:47:32 PM »
Konajim, thank you for chiming in.
Could you please also share actual prices realized for the 1999 SD and 1994 halves that were on eBay but didn't run their course?

I think 1990 is absolutely undervalued but also less are graded because until recently it wasn't recognized as being worthy of grading. It also grades fairly well so less people are chasing a 69 the way you need to do with a date like 1987Y. As it becomes comparatively more valuable more will be graded. As Konajim pointed out 1990 is one of those "fine wine" years to pay attention to.

Offline Obsidian

  • Supporter
  • Trade Count: (+7)
  • Sr. Member
  • ****
  • Posts: 587
  • Karma: 32
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #24 on: August 01, 2011, 11:00:05 PM »
One thing I would have to bring up concerning the 2000 gold mirror 50 yuan versus the 1998 gold Large Date.  I am lucky enough to own both of these coins right now.  For the right price I could a 1998 Large Date today.  I just sold one yesterday for $ 14,000.00.  I have no way of buying a 2000, 50 yuan gold mirror.  Therefore I would rank the 2000 mirror first and the 1998 Large Date second.

With that in mind....that makes the 1998 LD raw that sold for under 5k on ebay today a sweet deal!  Wish I had grabbed that I guess.  Great buy to whoever did if it grades well at all.

Offline Pandora

  • Supporter
  • Trade Count: (0)
  • Sr. Member
  • ****
  • Posts: 714
  • Karma: 14
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #25 on: August 01, 2011, 11:01:12 PM »
Thank you for selling that 98 at that price!  Bless you, KJ!   :thumbup1:  you just raised my net worth, and for that, thanks!

Underbidder, you certainly deserve your bragging rights  :thumbup:

Underbidder

  • Guest
  • Trade Count: (0)
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #26 on: August 01, 2011, 11:02:10 PM »
So, Halves, watcha think the chances are that folks got loads of those 1990 halves in mint wrap, just laying' around sliding around in drawers after all these years, that might grade 69 if sent in?

Underbidder

  • Guest
  • Trade Count: (0)
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #27 on: August 01, 2011, 11:04:16 PM »
Underbidder, you certainly deserve your bragging rights  :thumbup:

Yeah, I was stoked to pick one up a few weeks ago at a steal price, underbid and got it  :blush: , and now it's doubled thanks to KJ if the price holds. :thumbup1:  We all owe a debt of gratitude not only to our trusted suppliers, but also the tuned-in top sellers who help us by raising the category to new heights.

Offline KonaJim

  • Trade Count: (0)
  • Full Member
  • ***
  • Posts: 240
  • Karma: 5
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #28 on: August 02, 2011, 02:50:37 AM »
The 1999 Small Date sold for $ 2,500.00.  I have sold several 1994 50 yuan pandas at prices ranging from $ 1,800 to $ 2,500.00.  I just sold the 1998 50 yuan small date PCGS MS68 gold panda for $ 3,500.00.  Hope this helps the 50 yuan Panda collectors.

Underbidder

  • Guest
  • Trade Count: (0)
Re: Current Pecking Order for 1/2 oz Gold Panda coins
« Reply #29 on: August 02, 2011, 02:55:22 AM »
It does, thanks!