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Author Topic: Modern Chinese coin investments LIST #104 - Contrarian silver strategy 2012, P&D  (Read 4709 times)
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badon
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« Reply #260 on: 2011 Nov 15, 02:44:23 pm »

I just noticed China's mintage is still only 60,000! That's going to sell out fast, just like the others have. It's not even 2012 yet and dragons are already sold out.
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« Reply #261 on: 2011 Nov 15, 02:45:52 pm »

I think the design is growing on me. It's just the colored ones that really throw me off.

In any case, it'll be a few weeks before we can possibly expect to see graded specimens.
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« Reply #262 on: 2011 Nov 15, 02:55:37 pm »

I think NGC has done some on site grading recently in China. I don't remember the details, but I suppose it's possible there were dragons in there.
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« Reply #263 on: 2011 Nov 15, 03:00:55 pm »

I just noticed China's mintage is still only 60,000! That's going to sell out fast, just like the others have. It's not even 2012 yet and dragons are already sold out.

I believe the 60k mintage is on the 1 ounce flower Dragon.

The regular 1 ounce Dragon I believe is going to have a mintage of 200k.
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« Reply #264 on: 2011 Nov 15, 03:07:46 pm »

And the mintage on fan shaped dragon is 80,000. I think they will sell fast....These are the first dragon issues after the chinese population has been free to buy silver/gold.
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« Reply #265 on: 2011 Nov 15, 03:13:08 pm »

It is very much possible that these coins listed by Xu Hong are among first from the mint and probably among best struck!
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« Reply #266 on: 2011 Nov 15, 03:16:43 pm »

Every last one of the rarer scallop/flower dragons are gone!

http://china-mint.info/forum/index.php?topic=4495.0
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« Reply #267 on: 2011 Nov 15, 03:20:42 pm »

From a forum member:

Quote
I've recently bought a 1986 Historical Figure Set all PF69 for US$700. Do you think it's a good, fair or overpaid price? Seller claimed that 2 months ago, he sold a similar set for US$1,000.

Yep, a similar set sold on list #79 for $999. Good buy.

Quote
Also, I'm looking at a 1997 3-Kingdom set that you linked. What was the highest price you've seen for this set and would it be practical to buy a set like this where it is all PF69 but 1 is PF68? Haven't done a check but I'm quite sure Sun Quan would have some PF69 or even PF70 elsewhere.

I haven't seen the 1997 Three Kingdom coins sell recently. Buying a set with 1 68 is OK if you have a plan to upgrade it to a 69 (the sooner the better). I'm constantly surprised at few dealers are willing to go through the effort to do this.

Quote
I bought a set of 1984 Historical Figure in capsule a few years back. It still looks good without any tarnish. Do you think it's wise to get them graded? I'm just concerned that if it comes back PF68, it would be worth less than capsuled.

That's the risk you take when you are playing that game. It's also why we only recommend buying graded coins.

What you are doing is trying to be a dealer without a dealer's volume. You might win, you might lose.
« Last Edit: 2011 Nov 15, 03:51:37 pm by tamo42 » Logged

Neal McSpadden
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« Reply #268 on: 2011 Nov 15, 03:38:22 pm »

More info:

http://china-mint.info/forum/index.php?topic=4292.msg24540#msg24540
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« Reply #269 on: 2011 Nov 15, 03:57:07 pm »

NEW! 1990 1/2 oz gold 1/5 oz silver bimetallic Hong Kong expo panda NGC PF 69 UC

Sale Terms: $3188 Buy-It-Now.
Mintage: 2000
Grade Stats: 68% earn this grade or better (48 out of 70 graded in total)
Recent Sales:
Comments: Rare!

NEW! 1994 1/20 oz gold proof unicorn NGC PF 69 UC

Sale Terms: $399 Buy-It-Now, or offer.
Mintage: 31100
Grade Stats: 69% earn this grade or better (53 out of 76 graded in total)
Recent Sales: $219-$220
Comments:

NEW! 1988 5 oz silver proof panda NGC PF 69 UC

Sale Terms: $1199 Buy-It-Now, or offer.
Mintage: 11000
Grade Stats: 36% earn this grade or better (28 out of 76 graded in total)
Recent Sales: $999
Comments: Rare in investment grade.

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