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 Replies: 19 / Views: 3,706 |
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Pillar of the Community
United States
5837 Posts |
Look at the population in China, even if .1% of people there buy a single silver Panda. Plus other world coin collectors.
It's a popular subject where the design changes every year, unlike most other silver bullion.
Somalian elephant is just as good as the Panda, but I don't know how many there can afford to buy, and what kind of demand they have? Heck! Other world collectors probably buy more Somalian elephants then people from Somalia.
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Pillar of the Community
 United States
3789 Posts |
lol... I am not talking about whats the best selling coin. I am not talking about supply and demand. What everyone is failing to grasp here are mintage numbers for this year are going to come in, I am guessing, lower for the Pandas and Libertads when its all said and done for this year. Why? because of the common staple bullion coins, these are selling for higher premiums at most major dealers and auctions on ebay. Man.... hard to believe no one is catching on,, oh well lol |
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Pillar of the Community
United States
5837 Posts |
Yup,
You're suggesting if lower mintage equal higher prices for this year Pandas and Libertads? Are you buying? Your thought?
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Valued Member
United States
276 Posts |
Quote:
I am not talking about whats the best selling coin. The title of the thread you started is "The two best selling bullion coins right now 6/20/15" |
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Pillar of the Community
United States
3789 Posts |
@macmercury Yes, exactly. I did buy a Libertad, bullion one, which I havent bought any in AGES since the slide in prices, granted I been really cutting back on all coin purchases until there is more clarity in the PM market. I plan on getting a bullion Panda as well for the collection, again I have not bought any Pandas in ages which I was buying on a regular basis. I compile and track data, month to month, based on the major dealers and ebay and in terms of prices holding and going higher, two stand outs are the Libertads and Pandas, bullion silver 1 oz versions. Why they are holding up, obviously its supply and demand. But why the demand for these two bullion coins? Are the mintage numbers going to come in less than expected... or are buyers buying these coins at a good clip that they are close to selling out? I dunno what the answer is but those two coins are selling well in this month. The best selling coins are not the ones with most mintage but rather are the coins that command a higher premium in the market place. The Somalian bullion elephants, which usually are up there, have been losing steam as of late. I am sure as time goes on we'll know more but it is very interesting. |
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Pillar of the Community
United States
4211 Posts |
Interesting post yup.... I started collecting world bullion 1 oz silver coins two to three years ago. Some coins I was able to afford to go back a few years to the start of the series, but most I was not able to do that. I have so many different pieces of world coins started I really need to figure out what sets I am going to keep current and which ones I am not and sell those off. But my favorite by far is the Panda. I only have them from 2010 forward and will never be able to go back on those. And I only buy 1 of each for my sets but over the last 2 years there have been SO MANY new additions from new countries. I would have to be able to work on this full time for several months to even make a check list of all the different series that are out there right now. I wish there was a section just for 1 oz. silver bullion / proof rounds for me to chat with others, or I may be in the extreme minority. I have no way of knowing, other than it is an active ebay category. I have a couple of Libertads. The last 3 years I think. I do like those also, just nothing as well as the Pandas. |
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Pillar of the Community
United States
2543 Posts |
Like everything else, the fads and the "latest and greatest" come and go, but the originals are always the best Pandas 1982-present; Libertads 1982-present; ASE 1986-present  . I have raw collections and TPG collections of these and assorted other world bullions that I picked up here and there. I have always avoided the new "it" coins. |
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Pillar of the Community
United States
3789 Posts |
@Debrajc
Yea I pretty much over the years kept to collecting world bullion coins. So I have early Libertads, both bullion and proof. I also was collecting bullion Pandas I even have the old school sheets when pandas where sold was it 10 at a time, I havent looked at them in ages.
I also was collecting Kooks, Britannias, silver eagles etc.
I got tired of that tho, got tired of the same design on all the coins and I guess I got tired of the Pandas even tho they change. SO then I got into the various other world bullion coins, there are many to mention. It got toooo hectic and I said "no more I want to focus, I want coins that I really can connect with or really have a theme that I appreciate."
Long story short, I narrowed down my list to collecting 1 oz silver coins that feature elephants, rhinos, hippos and turtles.
I was however, intrigued by the fact that right now Libertads and Pandas carry a market premium even as silver prices have slid. These bullion coins, despite being some of the staple common bullion silver coins, have kept above the rest. I think whenever silver prices recoup or at least get out of their downtrend, will increase first in value.
That said, there are other bullion coins that tower over them, such as the Rwanda series and the Benin Elephants from 2014 but these have much lower mintage numbers,, for now.
In any case, its important to focus on collecting world bullion coins because there is so much out there and they produce bullion silver coins without restraint.
Finally, I would say, right now would be the best time to hunt down those Libertads and Pandas that are missing in collections. While I havent tracked any sort of prices, I am sure that premiums might have pulled back a bit with the slide in silver and gold prices.
I have to say, I would have never guessed my older Panda bullion coins, even the ones in the sheets would soar so much. I simply bought sheets because they were cheaper and I was really into Pandas back in the day lol
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Pillar of the Community
Canada
2019 Posts |
Although not a coin, the 2 oz privateer high relief rounds are hot atm, don't limit your self to just bullion "coins" , from what I hear they will have a final mintage of 75k to 80k range which is low for bullion.
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Pillar of the Community
United States
3789 Posts |
@Northern
yea that a good point, I have seen some private made rounds that go for a good premium... personally I dont care for rounds but I do agree and have seen with my own eyeballs that to be true.. just not for me.
BTW, I meant to say, you know that 2014 Libertad set that commands a super premium, IF I was into that series, I would snatch it up even at those high prices, that set is going higher over time.
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Pillar of the Community
United States
4211 Posts |
Thanks for the post Yup~!! Yes, I do really just need to lay out my coins and focus on 5 or 6 sets that I really like...and Northern coins...I did buy the 2 oz. Privateer and will for sure keep that series up to date....and now they have a new 2 oz. series, Americas Landmarks with the Grand Canyon as the first in the series. See what I mean! Too much new stuff to keep up with. And yes Yup...I love the Rwanda series also, but the first 3 maybe 4? sell for $250 - $500 each. The 2008 gorilla is way up there so again, I am missing the first 4 or 5 in the series. I think the Pandas and Rwanda series will stay in my favorites and 6 or 8 others...but I am definitely going to have to let some of them go. I will look at the older Panda prices again. I haven't checked them in a couple of years. Thanks~!!  I will keep you posted! |
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Pillar of the Community
United States
1158 Posts |
Pandas sell for more but they cost more to buy. Which means as an investment, what is the difference? Libertads generally have low mintages, but still don't command any premium. A lot of Mexican silver is this way. This means low demand despite low supply. Our local silver dealer actually charges 20 cents less for 1 oz Libertads than ASE. Edited by tkbslc
06/25/2015 3:44 pm
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Pillar of the Community
United States
3789 Posts |
@debrajc Yea I know what you mean. I paid up for the elephant one couple years back as I love elephants and I am seeking a proof version and a F version as well. I also like the rhino versions as well. With all these coins, it really did help me narrow my focus and choose what I want. As an example one series I really dont buy except a select few are coins from the RCM. I might re-start collecting pandas again and I been eyeballing getting that Libertad 7 coin set from 2014 and buying it. Happy collecting, I hope you find what you are looking for! |
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Pillar of the Community
United States
4211 Posts |
And the Benin 2014 / 2015 elephants / zebra....Chap Hippo... Archangel from Ukraine....Noah's Ark....Perth Mint in general..crocodiles, spiders, lunar series etc. HELP~!! I need a second job just to buy one of each~!! I know this has been said before many times...Hello: My name is Debra and I am an addict! It's true for me for sure. Did I mention I am TRYING to work on my Dansco 7070? |
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Pillar of the Community
United States
3789 Posts |
@Debrajc
I really like those Benin elephants. I want a kilo Benin elephant but I just cant do it with silver prices as they are need more clarity.
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Replies: 19 / Views: 3,706 |
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Posted 06/20/2015 11:56 pm
