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 Replies: 32 / Views: 4,881 |
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Pillar of the Community
United States
508 Posts |
Check wikipedia Silver Panda and ASE pages for mintage specifics: Population of China: 1,344,000,000 Typical Panda mintage: 100,000 - 600,000 Key Date mintage: 10,000 Population of USA: 311,000,000 Typical ASE mintage: 4,000,000 - 9,000,000 Key Date mintage: 30,000 Ratio China population vs. low-end typical mintage: 13,440 : 1 Ratio USA population vs. low-end typical mintage: 77 : 1 Ratio China population vs. key-date: 134,400 : 1 Ratio USA population vs. key-date: 10366 : 1 With 'supply and demand' in mind, does it make sense that they should be equal in value? |
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Pillar of the Community
United States
2543 Posts |
Quote:
With 'supply and demand' in mind, does it make sense that they should be equal in value? I think when you factor in " ways and means " you can knock about 1.34 billion off the chinese population total who in any way can afford or even know what a silver panda is. So I doubt the premium is tied into the fact that 1 billion farmers and peasants ( sorry, low income Chinese is more PC ) are hoarding silver Pandas.  |
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Pillar of the Community
Canada
1528 Posts |
Quote:
I think when you factor in " ways and means " you can knock about 1.34 billion off the chinese population total who in any way can afford or even know what a silver panda is. So I doubt the premium is tied into the fact that 1 billion farmers and peasants ( sorry, low income Chinese is more PC ) are hoarding silver Pandas. Thats goes for American as well. Not everyone are interest in buying Silver. |
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Pillar of the Community
United States
3670 Posts |
Infact Lostwords 99% of the world population cares or knows anything about pmz........
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Pillar of the Community
United States
919 Posts |
Americans have a love affair with products from China. Just visit any store and you will see it.
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Pillar of the Community
 United States
3789 Posts |
all this discussion has gotten me interested in picking up some pandas now lol I got some proofs but dont have any recent BU's like maybe getting a sheet or some BU pandas.
I been trying to focus just on proof silver 1 oz but one post makes me think that the demand from asia, the lower mintage and changes in diffrent pandas every year makes it a coin I should make an exception for.
plus prices are getting cheaper...
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Valued Member
United States
467 Posts |
I believe only in the last few years were the citizens of China allowed to own these. This is why IMO the price has dramatically increased.
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Pillar of the Community
United States
1200 Posts |
@tpg22---I don't know if it's so much that we're in love with things made in China, but maybe more that the big-box retailers are drowning us in a sea of low-cost Chinese products without offering us many alternatives. I think 95% of the stuff in Walmart is made in China. I actually try to buy American and specifically avoid buying Chinese, but it's a lost cause and I admit my effort is a dismal failure. Oh, well... At least my bicycle is a high end American-made piece. I paid more for it than I spend in Walmart in 2 years, so maybe my effort isn't a total failure after all. Edited by Fat Freddy
12/21/2012 11:00 am
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Pillar of the Community
United States
7840 Posts |
Snagged one over Christmas! Can you guess where?   |
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Pillar of the Community
United States
3789 Posts |
Oh wow nice coin! I like that one.
I got a sheet of 2013's coming. I am disappointed that there's no regular issue of a proof 1 oz panda based on the BU coin.
You have your medals, 5 oz, kilos,,,, but no regular proof. For me it doesn't match my collection, I don't have a 5 oz, I don't have kilos,, so for me, collecting pandas, by the sheet is the closet I can to getting something proof.. I guess its a compromise, cant get it in proof so i;ll do a sheet of them lol
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Pillar of the Community
Canada
1528 Posts |
What's the going rate for the 2012 Panda now? I got someone offering to sell 2012 panda for $44 u.s shipped
Edited by Lostwords
01/04/2013 12:29 pm
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Pillar of the Community
United States
7840 Posts |
I picked this one up (23 Dec 2012 hammer & fees) for $49 USD
90326 China 2012 S10Y Silver Panda Early Releases NGC MS-69 US$44.00 US$5.00 US$49.00
So $44 ppd (RAW) would sound pretty good to me!
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Pillar of the Community
Canada
1528 Posts |
reason for my asking is.. the spot price is around $30 Cdn... hehehe.. $14 over the spot seems a bit excessive but I understand
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Pillar of the Community
United States
3789 Posts |
Yea after being out of the hobby I was wondering why on earth do these Pandas have such price leverage over silver eagles then asking around here and research I realized why.
I just wish they did a proof coin of their BU coin. oh well. guess i;ll have to make do with a sheet of pandas :(
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New Member
United States
26 Posts |
I think the price from moderncoinmart is pretty good. it is always $10+ above melt.
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Replies: 32 / Views: 4,881 |
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Posted 12/19/2012 12:03 pm
