Author Topic: Factors Affecting Trends in Price for Key Date Pandas  (Read 8042 times)

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Offline Birdman

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Re: Factors Affecting Trends in Price for Key Date Pandas
« Reply #15 on: March 31, 2016, 04:45:24 PM »
So it is overpriced.  Picture doesn't even show all 149 coins.  It's also not very clear.  Can't make out much of the varieties but I see the 98 is a small date. I don't think he really intends to sell it on eBay.  Just advertising.

$190,751USD is for the BU
$285,000USD is for the 1982-2011 NGC MS69

You'd expect the NGC MS69 set to be more, but I'm not sure how much more would be reasonable.

Yes, he's probably just using eBay to advertise for an off-eBay negotiation

Offline KeyDate1/2ozPandas

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Re: Factors Affecting Trends in Price for Key Date Pandas
« Reply #16 on: March 31, 2016, 05:44:05 PM »
You have to understand the definition of a master set when comparing prices.  Typically a master set is 1982-2016 in ms68 quality+.  Also the prices quoted for a master set can vary depending on what price you are asking for, dealer bid price, price dealers sell price, bank sell price, etc. 

In May/June 2008 I bought 2x complete MS69 set from 1982-2008 (1 set per year) for $90K/each. That turned out to be reasonably good investment, even though a year earlier the set could have been put together for around $50K.  Demand for master sets has been around for years and it won't stop until all key 1994-1999 coins are placed in these sets, then different set configuration will be demanded, maybe 2001-2015.

Offline Deepwater

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Re: Factors Affecting Trends in Price for Key Date Pandas
« Reply #17 on: April 01, 2016, 05:11:21 PM »
Interesting comments. Not sure how long it will take for those 1994-1999 key dates to dry up.

Offline baron88

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Re: Factors Affecting Trends in Price for Key Date Pandas
« Reply #18 on: April 06, 2016, 09:34:12 AM »
KeyDate1/2ozPandas, thank you so much for the valuable information.

Offline Birdman

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Re: Factors Affecting Trends in Price for Key Date Pandas
« Reply #19 on: October 24, 2016, 08:47:25 AM »
This NGC MS69 master set (1982-2011) has been available on eBay in the US (and likely worldwide) for months.  Apparently, $285,000 is too expensive?  :001_smile:
 
http://www.ebay.com/sch/Coins-World-/256/i.html?_from=R40&_nkw=gold+panda&_sop=16


I see the listing has been updated to include four extra years 2012-2015.  That is 4 x 1.9oz x $1270 = $9652 worth of (graded) extra gold.  Current price for it all is $309,000.  An extra $24K for 2012-2015 seems a bit high, so it looks like the overall list price was inched up.  It may not mean anything since it is probably listed high just to get people to contact him for an off ebay sale, but nonetheless it is interesting to watch these things.  I gather that you could assemble a master set now for much less than when things were hot five or six months ago.


Offline Rarityhunter

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Re: Factors Affecting Trends in Price for Key Date Pandas
« Reply #20 on: October 29, 2016, 11:35:30 AM »
This NGC MS69 master set (1982-2011) has been available on eBay in the US (and likely worldwide) for months.  Apparently, $285,000 is too expensive?  :001_smile:
 
http://www.ebay.com/sch/Coins-World-/256/i.html?_from=R40&_nkw=gold+panda&_sop=16

This NGC MS69 master set (1982-2011) has been available on eBay in the US (and likely worldwide) for months.  Apparently, $285,000 is too expensive?  :001_smile:


 
http://www.ebay.com/sch/Coins-World-/256/i.html?_from=R40&_nkw=gold+panda&_sop=16

I would be curious what today's price is for the non-NGC MS69 master sets.

I would be curious what today's price is for the non-NGC MS69 master sets.


But it's just listed, not sold.

Offline pandamonium

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Re: Factors Affecting Trends in Price for Key Date Pandas
« Reply #21 on: March 21, 2019, 08:53:51 PM »
Oops, one last one.......
In the 1980's the rare US coin market had a flood of investment funds enter the small market.   Many rare US coin collectors became wealthy almost overnight.   Strong US dollar means strong prices for US rare coins.   In time China will have a strong Yuan and the USD will fall as will rare US coins.    Those collectors that profited on rare US coins are now in the MCC market.     They expect the same results but this time more money has been created since the 80's so when big money comes into MCC and other Chinese collectible money the gains will be higher......
Last yr i posted a article that the Chinese paid about $387,000? for the World's top racing pigeon.   The European bidders stopped bidding at about $80,000.    One example of many that Chinese will outbid for what they want as they are the World's wealthiest country.    MCC is a semi immature market today....
MCC collecting is a no brainer........






Google to Armando a racing pigeon sold in Europe for $1.4 million to a Chinese buyer.      $1.4 million.       The last one was in 2013? named Bart the $400,000 racing pigeon that sold to a Chinese buyer.      Actual prices w/ fees were a bit less then $400K.        When we will see racing pigeon prices for rare Chinese coins/medal?       Chinese buyers are outbidding the world for rarity as usual....

Offline honestgold

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Re: Factors Affecting Trends in Price for Key Date Pandas
« Reply #22 on: April 12, 2019, 10:37:22 PM »
The old coins with high grade are going through the roof.
But not modern coins. Don't know why.

Offline pandamonium

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Re: Factors Affecting Trends in Price for Key Date Pandas
« Reply #23 on: April 13, 2019, 07:28:58 AM »
Probably due to tax time i see more rarity on ebay that sells.        Even big gold sells.      On small 1990's gold pandas, Empire silver like the Yunnan 50C or Kwangtung dragons and a few other MCC have many watchers.    Have not seen so many watchers before so it looks like the market is ready to move up as interest increases.     Prices are mostly high asking w/ few cheap auctions that start low. 
     
The old, high grade and other rarity will see demand, prices first then it will apply to MCC and other Chinese.....

I even see demand and good selling prices for some, not all new issue, low mint NILM medals.     Makes sense as new collectors will probably target them first before moving on to early issue.   

I was told supply is dropping in China too.....

Bullion is getting worldwide attention so now it the time to jump into this market before price increases...