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Are Panda This Rare?

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biggfredd's Avatar
United States
9104 Posts
 Posted 03/03/2011  7:02 pm Show Profile   Bookmark this topic Add biggfredd to your friends list Get a Link to this Message Number of Subscribers
I mean, this is a set of current bullion coins, weighing 1.9 oz, or about $2700. Asking $6888:

http://cgi.ebay.com/ws/eBayISAPI.dl...220745244428
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Darth Anarchus's Avatar
United States
1388 Posts
 Posted 03/03/2011  8:26 pm  Show Profile   Bookmark this reply Add Darth Anarchus to your friends list Get a Link to this Reply
well I guess they want a few grand for the box
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td5173's Avatar
United States
565 Posts
 Posted 03/03/2011  8:50 pm  Show Profile   Bookmark this reply Add td5173 to your friends list Get a Link to this Reply
If he sells one he will be . The buyer will be .
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vinnycoin's Avatar
Canada
442 Posts
 Posted 03/03/2011  11:02 pm  Show Profile   Bookmark this reply Add vinnycoin to your friends list Get a Link to this Reply
That is quite the premium!

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Silverhawk74's Avatar
United States
3670 Posts
 Posted 03/04/2011  01:33 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Killz me when people put insane prices on something (just because you are asking that, does not mean it is worth it and like wise folk say, something is only worth what the person spending the most is willing to pay), and no one puts on their lists, which should be an indication for the seller to lower price. But due to a combination of greed and stupidity perhaps, they just re-list at same high price time an time again, wasting their time an money which is fitting and just at least....

I have seen the silver Pandas from just like 2000 get up over 200 bucks on a 1 oz silver coin. Why? Is that a rare year. What is this guys excuse, said they were released in 2010 (not exactly a an old rare year), and limited release of 2000, which is not that low IMO, even in a world of 6 plus billion?

Perhaps being nice complete set of diff sizes, it is worth a couple hundred over spot, but no more I would think, and I bet many of you would think it is ridculous to even spend 200 over spot, via it better be very nice an rare an sought after....
Edited by Silverhawk74
03/04/2011 01:37 am
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 03/04/2011  04:04 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
This coin here below is a 1500 dollar pure gold 1/4 of an oz, but at least it is rare, nice shape, from 1843. If I bought this personally, I would be kickin myself figuring I could have bought an 2010 1 oz gold coin, or a bunch of silver. I guess if buying this would not bother you, you fall into the hard core coin collecting category, with less concern with the metal amount an content as well as investment factor....

http://cgi.ebay.com/1843-BU-5-HALF-...em2ea7ccd324
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Australia
3831 Posts
 Posted 03/04/2011  04:18 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
It's called the China boom - they got too much money to blow. If you can find any in your local store close to bullion price, you can turn over a quick profit, assuming if they are genuine. I bought this 12 ounce silver panda coin for about 400USD just 9 months ago give take - it's now hitting closer to 1500USD or more.
My partial coin collection http://www.omnicoin.com/collection/gxseries
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 03/04/2011  07:51 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
I bought a bimetallic gold/silver 1/10 oz Panda in late 2009 from an antique mall. It looked exactly like a 1/10 oz gold Panda with a 1/8" silver ring around it. Mintage was pretty low & I sold it to a Panda collector for $600 when melt value was closer to $100. I don't know enough about that market to comment on the price of this set but I don't see it as any different from people paying mega-premiums for modern US mint products.
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vinnycoin's Avatar
Canada
442 Posts
 Posted 03/04/2011  12:05 pm  Show Profile   Bookmark this reply Add vinnycoin to your friends list Get a Link to this Reply
I have a few 1 oz 2011 pandas as well.

I guess when you look at it, the Chinese are buying silver, and there is 1 billion of them, and only 3 million ( I think?) silver pandas minted.

compare that to the population of say Canada, which is around 30 million, with a mintage of over 1 million SMLS, I guess you can technically say that they are quite rare.
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biggfredd's Avatar
United States
9104 Posts
 Posted 06/04/2011  6:12 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
This coin here below is a 1500 dollar pure gold 1/4 of an oz, but at least it is rare, nice shape, from 1843.

http://cgi.ebay.com/200383714084


One of us needs to clean their glasses. I see $500.
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biggfredd's Avatar
United States
9104 Posts
 Posted 06/04/2011  6:21 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
compare that to the population of say Canada, which is around 30 million, with a mintage of over 1 million SMLS, I guess you can technically say that they are quite rare.


Not even the svdb is "quite rare".

The Canadian ML might qualify as "relatively more scarce".
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