Author Topic: 1986 proof 5 coin gold set panda  (Read 2525 times)

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Offline harleyu

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1986 proof 5 coin gold set panda
« on: August 18, 2008, 01:10:24 PM »
I dont understand why the 5 coin gold proof1986  panda set hasent gon through the roof in price , it was the first year they made the proof set and there are only 10,000 sets made .Harley

Offline BobW

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Re: 1986 proof 5 coin gold set panda
« Reply #1 on: August 18, 2008, 02:34:37 PM »
It could be that not that many collectors are interested in the panda proofs. The later years, 1988 to 1994, have even lower mintages and they do realize all that much above melt given their scarcity. The non-proof gold pandas seem to be much more popular.

The non-proof gold pandas also are much easier to find and I think collectors prefer to collect series that can be easier to complete. Also the proof pandas is a closed set, while the non-proof gold pandas set is open-ended with a new design each year.

I think the same is true for the silver pandas. Given the comparative scarcity of the proofs vs the non-proofs, the proofs are generally unappreciated price-wise especially the early proofs which are very difficult coins to find at the PR69 level.