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Author Topic: Recommended modern Chinese coin investments - 2010-Dec-17  (Read 2018 times)
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badon
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« on: 2010 Dec 17, 03:31:07 pm »



I've blown all the cash I have left to buy coins for myself, so I'm not holding anything back on this posting. This is every awesome, investment-grade coin I could find that's available right now. You'll notice that there's higher-priced items here than usual, and that's because those are the best coins I normally buy for myself. Now that I've gotten as many as I can, I'm publishing them for everyone else to own. What an amazing post this is. These coins, in this one posting, could make a single individual a wealthy person during the next 10 years, if they were all bought by one person. Enjoy!

1998 1 oz gold large date panda NGC MS 69

The seller of this coin has a reputation for occasionally overpricing coins to ridiculous values. This coin was one of those coins. WAS! The value of this coin is rising so fast, $10,000+ is becoming a fair price to pay. It's investment grade, individual, and most importantly, it's available. The 1998 large date coins also happen to be the rarest of all BU pandas. I know who has these coins, and I know they're not selling until the sets reach $30,000+. That will probably happen within 18 months or less, and although people will tell you this coin is ridiculously overpriced now, in a few months it will seem like a bargain. Pay the price you have to pay, it's worth it. A complete set of 1/20 oz to 1 oz coins will someday cost you $100,000 or more. $10k for the largest piece in the set (but not the rarest) is no big deal. Buy them when you find them, pay what you have to pay, and hold them tightly.

1999 1 oz gold small date panda

1998 and 1999 pandas are very rare, and much sought-after. The 1999 coins are second to the 1998 coins, and people like to have them all together in four sets of 1999 and 1998, in both large date and small date varieties. The sets cost significantly more than individual coins, because the collectors of these don't want to bother assembling sets themselves. It is rare to see these coins offered individually, in a high 69 grade like this one. This one is currently bid up to $1898, which is very close to what everyone thinks the fair market value is. I think you have a shot at owning this coin for under $2000, but this is another coin where I think you should pay what you have to pay. Any price under $2500 is a worthy investment. If you manage to build a set of 1999 gold small date coins in all sizes from 1 oz to 1/20 oz, you'll be able to make a quick profit because of the premium that complete sets earn.

1989 1 oz gold snake NGC PF 69 UC

1989 8 g gold snake NGC PF 69 UC

1988 8 g gold dragon NGC PF 69 UC

These are a gorgeous, rarely seen lunar coins. These early lunar coins rarely grade in 69, and they're very difficult to find in any grade. This seller's prices are reasonable, but everyone thinks they're too high. The 1988 dragon is being offered for about double what everyone thinks it's worth. The 8 g snake is priced about right, and the 1 oz snake is underpriced by about $1000. Trust me, these prices are not too high. Be willing to pay 50% more than the asking prices for these coins, and they will probably be yours. I would not pay double the asking prices. Each one is an excellent investment, no doubt. Buy them when you find them, and pay the price you have to pay. Ignore everyone who tells you it's too expensive, overpriced, blah, blah, blah. They're all wrong, and you'll be the one with the good investment in your hands.

1988 1 oz silver dragon NGC PF 69 UC

These are very difficult to find. There haven't been any recent sales of this coin, graded. I estimate it will sell for $250 to $400. It's low mintage, and a great buy. It's yet another $10,000 coin.

2010 1 oz silver pandas in MS 69

A bunch of 2010 1 oz silver pandas in MS 69 have been listed in auctions. They normally sell for $45, but you have a chance at getting them for less than that. They have sold recently for as much as $60, but for investment or making some quick cash, I wouldn't bother with these unless you can get them for $45 or less.

2006 1 oz silver panda NGC MS 69

This coin's starting price of $20 is less than the coin's silver value, even after shipping is added. I don't think this seller knows silver is closer to $30 now, and even ungraded common pandas sell for $5 to $10 above silver value. Graded ones sell for around $20 above silver value. This coin is worth at least $45 just for being a silver panda, but winning it for $65 or less will be a fair price for a graded older date panda.

2010 1 oz silver panda PCGS MS 70

2010 1 oz silver panda PCGS MS 70

2010 1 oz silver panda PCGS MS 70

2010 1 oz silver panda PCGS MS 70

2010 1 oz silver panda PCGS MS 70

2010 1 oz silver panda NGC MS 70

2010 1 oz silver panda PCGS MS 70

2010 1 oz silver panda PCGS MS 70

2010 1 oz silver panda PCGS MS 70

I found some newly listed investment-quality 2010 silver pandas that are listed in the wrong categories, or with unusual titles, so they may sell for cheap prices. Today is Friday, so there will be less people trying to find these, and since there's so many of them listed today, I think you will be able to get better prices than usual. Any price under $160 is a fair price, but I think you should be able to get one for around $145. If you get it for less than $145, then you have an instantly profitable bargain.

2010 1 oz silver pandas with a 70 grade have doubled in value in the last several weeks. They may be getting bought up as high-end gifts for the 2010 Christmas season, but more likely they're being bought up as investments now that mint supply has dwindled to nothing, and next year's 2011 panda mintage has been announced to be much larger.

The number of coins receiving that grade has dramatically dropped. Early in the year, most of the coins submitted for grading were receiving a 70 grade. Now, most are receiving a 69 grade. I don't know if that's because of a change in grading standards, or a reduction in quality at the mint.

I suspect it's due to a reduction in quality at the mint because after they completed their planned mintage of 600,00 or 800,000 coins (sources differ), they decided to increase the mintage to 1.5 million coins to meet unexpectedly large demand. I'm guessing that the first batch of up to 800,000 coins received the most care and attention by mint employees. When the unexpected order came to increase production, I think the mint employees were unprepared to produce more coins at the same level of perfect quality, and so coins produced late in the year have tiny flaws that prevent them from earning a 70 grade.

1979 1/2 oz silver matte year of the child NGC MS 69

This is a great coin being offered at a fair price. Cheapskates keep offering low-ball prices, but this coin is worth every penny of the $15,000 asking price. The last coins sold for increasingly high values of $7000 to almost $10,000 recently, and none of them were graded. This coin has a high 69 grade, a low mintage, and is extremely popular. Don't be a cheapskate, pay the full asking price and grab it before someone else does. It is worth it.

1983 1 g gold marco polo NGC PF 69 UC

This coin isn't very popular, and it doesn't seem to be very rare either because it has a mintage of 50,000 coins. This coin was so inexpensive when it was released that people gave them away as gifts. They ended up being forgotten, and lost to the market. Certainly, many were melted just like all the other early modern Chinese coins. Since these little coins get no respect even now, you might have a shot at getting a bargain price on this coin at auction. Even though it's not a popular coin, the potential to get it for an unusually cheap price makes it worth mentioning here. You might be able to take a profit quickly, or you can sit on it until it's popularity increases. Even though the mintage was high compared to other coins of this era, these coins are seen much less frequently today than the mintage suggests. I'm not sure what it will sell for, but I'd pay no more than $200 for it. You will probably be able to get it for $90 to $150. It contains about $44 worth of gold.

2001-D 1 oz silver panda PCGS MS 69

2001-D 1 oz silver panda PCGS MS 69

There were two varieties of silver panda made in 2001, the international version, and the domestic version with a "D" mark on it. A total of 500,000 coins total were planned to be minted of both varieties together. The coins with the "D" mark are rarely seen outside of China, and were probably minted in much smaller quantities. This one is graded by PCGS, which adds to the appeal of it for Western buyers. The $145 to $160 Buy-It-Now price is reasonable. Sometimes, when getting advice about rare coins, the coins that none of the experts talk about are the ones they are hunting for themselves. This coin rarely gets mentioned by panda coin experts, and all the mystery leads me to believe it is a good investment. You should have no trouble selling this coin and taking a profit on it in the Western market. The coin has sold recently at auction for $154, but is rarely offered for sale.

1995 1 oz silver pig NGC PF 69 UC

Prices are rising fast on this one. Ungraded, they're selling for about $300, when all the normal pricing information says they should be selling for around half that much. I think this coin should sell for about $400, but you might have to pay up to $600. It's popular, rare, and a great investment. This is one to grab, the mintage is only 8000! You'll probably be seeing this sell for $1000+ within 18 months, and maybe as much as $3000. It's another $10,000 coin.

1990 1 oz silver proof panda PCGS PR 69 DCAM

This coin should sell for $200 to $350. They're getting harder and harder to find, and even though they're constantly going up in value, they're still very underpriced.

1995 1 oz silver proof panda NGC PF 69 UC

This is one of the rarest of silver pandas. It should sell for between $450 and $750, but I think it'll go for about $550. This is terribly underpriced because the official mintage figures say it has a mintage of 10,000 which is only the SECOND lowest, after the official mintage of 8,000 for the 1996. In fact, the actual mintage for this coin is much lower.

1991 1 oz silver proof panda NGC PF 69 UC

This coin should sell for $200 to $250.

1985 27 g silver proof panda NGC PF 69 UC

Competition for early pandas is fierce. Ungraded examples of this coin sell for over $1200, and a 68 specimen has recently sold for a bargain price of $1325. Coins with a 69 grade are rarely seen, so this coin should sell for between $1300 and $2000, but could go higher. It has a clearly visible mark on the panda's forehead that is common for coins that have been sliding around in their original capsules too long, which will probably keep this coin from selling for some crazy price, but any early date coin from 1983 to 1985 that achieves a 69 grade will require aggressive bidding to obtain. Another two coins are being offered from a well-respected seller right now for almost $5000, so I won't be shocked if this coin exceeds my estimates. If you want to make a lower, more reasonable offer on them, here's a link to it: 1985 27 g silver proof panda NGC PF 69 UC

2002 1 oz gold panda

I've been hesitant to recommend ungraded and unauthenticated coins, but this one deserves a mention, so long as you're aware that buying ungraded coins could be problematic. I don't see these too often graded, since it seems people don't bother because the coin's investment potential is unrecognized. This coin was recently advertised for sale by the foremost panda coin expert in the world for $1610, and it sold unusually quickly. He describes it as a "sleeper" coin, which means its investment potential has gone unnoticed - and that is the definition of a good investment. The $1610 price was a very good price in the last sale, and this coin is being offered for $1700 "or best offer". I recommend you at least throw out an offer of $1600, and see if you get the coin. I feel $1700 is a fair price too, if you want to just grab it before someone else does. UPDATE: It appears this seller realized the coin is underpriced, and he increased the price to $1900. I feel that price is more in line with its current value.

1998 1/2 oz gold large date panda NGC MS 69

This the rarest BU (non-proof) panda, according to official mintages. The official mintage says only 4168 coins were minted, but that's not the whole story. There were two varieties for this coin, large date and small date. This is the small date variety, which is the more common of the two. The large date coins are probably worth close to $8000 to $9000 now, if you can find one. This small date variety is about 1/4th as rare, so seems to be overpriced at the current $3000+ price level, but it's not. It's easily a $10,000 coin, and thus a good investment. Don't be afraid to "overpay" when rare coins like this show up. I would bid no more than $6000 for this coin, but it will probably sell for around $4000.

2008 1 oz silver panda NGC MS 70

2008 1 oz silver panda NGC MS 70

This coin is a bargain that's been selling at around $159 to $160. Why so narrow a range? Because one seller has been relisting several coins (I keep listing them here), and he's been pricing them cheap. The 2008 has a mintage of only 600,000 coins, which is less than HALF the mintage of the 2010 coins. So, if the 2010 coins are a bargain at $130, then perhaps this coin ought to be selling for something closer to $250. Roughly 1 in 4 coins earns a 70 grade for both the 2008 and 2010 coins, and there are almost exactly twice as many 2010 coins with a 70 grade than the 2008 coins. In other words, the 2010 and te 2008 are pretty much identical in every way, except the 2008 is twice as rare, and a bit cheaper! This is a coin with good profit potential. Don't be stingy by trying to bid for a bargain. Just pay the Buy-it-now price and grab this coin.

Sold recommendations

Ten 2009 1 oz silver 30th anniversary pandas NGC MS 69 for $510.95

1986 5 yuan soccer NGC PF 69 matte KM-140A for $3950

2000 1/2 oz gold scallop lunar dragon PCGS PF 69 DCAM for $5895

1987 5 oz silver panda NGC PF 69 UC for $800

1989 5 oz silver panda NGC PF 69 UC for $960

2010 1 oz silver panda PCGS MS 70 for $105

2010 1 oz silver panda PCGS MS 70 for $125

2010 1 oz silver panda PCGS MS 70 for $125
« Last Edit: 2010 Dec 17, 04:03:17 pm by badon » Logged

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« Reply #1 on: 2010 Dec 17, 05:46:40 pm »

I need to mention that the PCGS graded silver coins will likely tone over time, so store them in a sealed container like a ziplock plastic bag, and don't sit on them forever. Take profits when you get the opportunity. The NGC holders are much better for silver coins.
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« Reply #2 on: 2010 Dec 18, 04:32:49 am »

thanks for the store advice
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« Reply #3 on: 2010 Dec 18, 12:46:51 pm »



I've blown all the cash I have left to buy coins for myself, so I'm not holding anything back on this posting. T

if thats the case, i hope we can see some more high rare first class investment coins from you soon.
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« Reply #4 on: 2010 Dec 18, 12:54:53 pm »

I had always posted at least one in each post, but I wasn't sure if people could even afford them. I've been told that people are buying expensive coins based on my recommendations, so I will continue to post them from now on. There has always been more available than I could afford for myself anyway.
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« Reply #5 on: 2010 Dec 18, 12:57:07 pm »

im 100% sure that most of the coins and prices that are pushing now are from ur recommend posts.
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« Reply #6 on: 2010 Dec 18, 01:00:33 pm »

Yeah, it took a while for people to notice these, but some of the coins have gained higher prices than they I thought they would, and the bargain priced coins are selling faster than normal too. I suspect sellers have started reading my posts, and they're increasing the prices of coins that I list here.

The 2008 pandas were listed for $130, and the sellers increased the prices to $150 and $198 each. The 2002 gold panda was $1700, but it got marked up to $1900 after I published.
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« Reply #7 on: 2010 Dec 18, 01:02:32 pm »

hm yh kinder a bad thing for us
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« Reply #8 on: 2010 Dec 18, 01:05:40 pm »

but anyway i still hope u will keep posting the top high coins now too
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« Reply #9 on: 2010 Dec 18, 01:15:03 pm »

No, it's actually a good thing. As long as prices keep rising, the coins will be easier to buy and sell. It doesn't really matter what the price used to be, what matters is what the price WILL be. You just have to read this article before the sellers do, and grab the coin before they increase their prices. Not all of them are reading this though. In fact, out of all the coins listed here, only 3 had their prices increased by the seller after this article was posted.

The more people that read this, the more aggressive you have to be in buying the recommended coins before someone else does. If you put a bid on a coin FAST, the seller can't increase the price. On the 3 coins that had the price increased, no one had bid on them yet. Once an item receives a bid, the price can't be adjusted, except through more bids.

Ten 2009 1 oz silver 30th anniversary pandas NGC MS 69 sold for $510.95, because the buyer acted fast. That lot of ten coins might cost $1000 to $2000 in 18 months or less. There's still many good bargains listed here, so as long as you own the coins listed in the articles I write, you will earn more money faster, if I cause the prices to rise.

People that miss the coins listed here will be hunting for them later. People hate to lose, so having YOUR coins being one that has been listed as a good investment, will make it easier for you to sell. Just put in your description that it was listed as a recommended investment on some date, and make a link to the article where it was listed. That will help you sell your coins for the best prices.

Chances are good, it'll end up in one of my articles AGAIN too, if I find it being offered for sale at a good price (or even a high price, if it's a special coin).
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If families are a problem for the system, then we must reject the system, not the families.
Founder of the Coin Compendium (forum, blogs, calendar, images, donate, contribute).
LBC makes you rich, with a free ebay gift certificate awarded every month!
The Coin Compendium and the china-mint.info forum, censure, disclosure.
Do not PM questions. Answers should be publicly available.
Backup is not enough. Protect your data with MultiPar.
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About me: User:Badon - MediaWiki.org
Badon effect: type 1 to 8, type 9.
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Use my work. Give credit.
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