Opinions Of Chinese Panda Coins

Like any other bullion coins. Spot +/- a %age. Buy if you like it, sell if you need the cash.

If you want an investment just as silver, there are cheaper ways to do it. But you mention 'numismatic investment' which implies that you'd expect a premium over the silver value.

I'd be very hesitant to invest in Chinese pandas for a few reasons. The biggest is that there are numerous counterfeits available. Considering it is a coin you are not familiar with, in a language (I presume) you do not understand, you will be more likely to be fooled.

But mostly I'd say don't invest/speculate in anything you don't understand. And I don't understand the finer details of the panda market. There's a lot of people trying to make money with pandas, and to me that means a lot of people will lose money.

There's a statement I can get behind. I don't understand a lot of the modern bullion issues like Pandas that were minted in limited quantities that sell for many times their issue price and/or PM value. Prices wouldn't be so high if there wasn't a demand but I strongly suspect that demand is based on speculation & that could collapse at any time. Too scary for me.

I buy a couple of silver 1 oz'ers every year from reputable PM dealers that are originally sealed as issued by the Chinese mint. As mentioned previously the mintages are extremely limited, and there is extensive counterfeiting of these coins in China itself. This is one modern coin type that I would definitely buy graded and authenticated by a reputable TPG, particularly the gold coins. Not worth taking a chance as the fakes are very, very convincing with the correct weights and finenesses. This is one series a collector needs to know as much s/he can before buying and selling. Not for the faint of heart or the casual collector looking in the secondary market.