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Author Topic: Recommended modern Chinese coin investments #36 - Zerohedge pandas, supply down  (Read 1385 times)
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badon
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« on: 2011 Jan 18, 10:10:19 pm »



Scroll WAY down to see the recommendations and skip the commentary!

Only one new coin was added today, with many coins dropping off the list unsold. Only $399 in one coin sold from the last list. This is the single slowest day for my recommendations list since I began writing them more than 6 weeks ago. Interestingly, the list before that had almost the largest ever sales of $12,000! I haven't confirmed this, but I think ebay has stopped giving incentives to sellers, and prices have risen so high, that I know many eager buyers who simply have run out of cash, myself included. Sellers have jacked up their prices aggressively to keep up with demand, and I think they've grown tired of listing coins that keep going unsold.

The last article talked about modern Chinese coins being mentioned in the Wall Street Journal. Panda coins specifically were mentioned in an article at Zerohedge, a very popular web-only publication that focuses on the issue of inflation. The article discussed the possibility of performing arbitrage between the West and the East with panda coins, to skim profits from the price differences in each market. This possibility has been discussed in recent forum chatter, but it was ruled out as unprofitable due to the costs of doing business eating into the profits too much (shipping, insurance, customs fees, taxes, etc). Nonetheless, the entire article was dedicated to panda coins, and that means that modern Chinese coins are on even more people's radar.

The more people hear about something, the more likely they are to act on the information. I'm sure the advertising business has done studies on this, but I'm not sure exactly where the critical moment will be. However, I can tell you that one of the busiest forum discussions at Kitco, one of the largest precious metals websites in the world, is all about pandas. So, with a mention at Zerohedge, two mentions in the Wall Street Journal, and of course this LBC website's frequent articles - that makes for a fine beginning into the next bull run.

I think we're probably in the slowdown that was forecast. Prices still aren't dropping though, as predicted, it's just that sellers have stopped selling while buyers rebuild their cash reserves. Many buyers already have massive cash reserves, but they've been waiting to see if they can diversify into another type of investment. I predicted they would just end up putting their money back into coins, and last I heard, that's what some of them have already started doing. Unfortunately, they have to export coins FROM CHINA now, whereas before, most of the top investment coins were all exported to the West in the 1980's to mid 2000's.

The last panda coin of 2010 was the Shanghai Mint 90th anniversary silver coin. NONE of those coins are being exported to the West, and so far, not even photos of it have appeared yet. The mintage was only 30,000 - pumped out during the last few weeks of December 2010 - so the coin is likely to be distributed to only a few Chinese distributors, making it extremely difficult to obtain.

I've added some more commentary to some of the coins remaining on this list. I suspect that we've seen the last of the plentiful supply of coins for a while. Hopefully somebody will put some stuff up from time to time as we move into spring and summer.

NCS and NGC refuse to help buyers find conserved coins for long term investment

I've talked a lot about NCS conservation of silver coins, especially the ones with the highest grades that were graded in the past. Coins that were not conserved before grading could degrade over time as invisible residues corrode their surfaces. That could make your investments virtually worthless!

There are nuances to which coins are worrisome, and which aren't, so I've recommended coins that look good despite not knowing whether they've been conserved or not. For example, an old silver coin that still looks good after many years is probably OK, and a newer panda that came from modern PVC-free packaging is probably OK too. But, the only way to know for sure is to only buy coins that have been conserved before grading.

Sadly, NCS and NGC continue to refuse to indicate on the holders if a coin has been conserved, even if requested. I have begged them to let me buy coins that I know will not become hunks of scrap metal over time, and they won't listen to me - just one person - but they will listen to the market as a whole. That means you. Everyone needs to contact NCS and tell them you want to buy coins that you know have been conserved. Tell them that you want to buy coins that NGC marks as conserved on their holders. Here's the person to contact:

Craig Fiumara
Numismatic Conservation Services
Operations Manager
Phone 866-627-2646  Ext. 145
Fax 941-360-2559
CraigF@NCScoin.com

Once we persuade them that we want to know that our coins are safe, they will obey our demands and start marking the conserved coins. Only then can we be reasonably certain (but never 100%) that our investments will not become worthless over time.

Recommended reading

Here's some recent articles of mine that can provide some guidance for investing in the current and coming market conditions:

* LBC makes me rich
* Wealth preservation: USA vs. China (By Zerosum)
* Coins are the hot new investment
* How high will the Chinese coin market go?
* 5 criteria to determine if a coin is a good investment
* 13 coin facts to learn for beginning investors of modern Chinese coins
* My First Chinese Panda Coin Purchase (By Tamo42)
* Modern Chinese coin investment strategy
* Don't be the "whale" that pays too much for an investment coin
* Modern Chinese coin commentary and market predictions - 2010-Dec-15
* What makes people buy up all the Chinese panda coins?
* Investing in rare modern Chinese coins, some questions answered
* Cash is king for 2011 - Get ready for the coming bargain hunt
* Foresight: Gold, silver, coins, etc will weaken after January or February 2011
* Rumor: Modern Chinese coin charts coming out soon
* Why does this business site talk so much about investments?
* The chess game of rich vs. poor

Gold and Silver Panda Coin Buyer's Guide Book

This is THE panda book, written by the world's foremost expert on Chinese panda coins. Buy the book before the coin. Enough said.

Modern Chinese coin PricePedia price guide with bonus using "LBC" referral code


In addition to the book you can subscribe to the PricePedia, which gives up-to-date monthly pricing information on over 700 different coins, as well as a few pointers on what's hot or undervalued in the market. If you put in LBC for the referral code, you get a bonus list of undervalued coins, along with your subscription.

My choices

Lots of very impressive investment-grade coins are in today's list. I've decided not to pick a top pick because it just comes down to personal preference with so many excellent investments available right now.

If you have questions about investing in any of these coins, please ask. If you find a coin that seems like it should be listed here, but isn't, please tell me about it. I frequently wait to list a coin here until I've had time to do the proper research on it that's needed for me to give you the basic facts on each coin. If you'd like to see info faster on a particular coin, I can make it a higher priority for you. I've noticed people don't like asking questions, because they don't want anyone else to know they're thinking of buying a particular coin. People don't want to talk about the coins they're interested in due to "coin snatchers" grabbing them. Competition for the investment-grade coins listed in these articles is fierce!



Perfect 70 coins



Common silver 70 graded coins are very popular with "the masses" who are not serious collectors or investors, but since they're not rare, their valuations can be fickle. I recommend that once you've gained a comfortable profit, you should sell and reinvest the cash into rarer coins.

I've noticed sellers jacking up their prices on these coins once they get listed here, so I'm going to have to list them more carefully, with a mention of the price at the time they get included.

I have decided not to list the common, recent date gold 70 pandas because the rich vs poor market dynamics do not support the high prices that the common silver 70 coins can gain. In short, I've changed my mind that the gold counterparts are good places to put your investment money, even though they're significantly underpriced compared to silver coins. I don't think the comparison between gold and silver will hold up to enough of a degree to make it worthwhile to sink a good quantity of money into the common gold coins. The numismatic premiums will probably never reach the levels of the silver coins.

One of the gold coins listed in the wrong category was bid up to a level that no longer makes it an undervalued good investment, so I've removed that one too.

1993 1/2 oz gold panda PCGS MS 70

$3000 Buy-It-Now. Early date 70 coins are very rare.

2009 1 oz silver 30th anniversary panda PCGS MS 70

$169 auction starting price. Mintage 300,000. A little less than 1 in 4 of these are graded 70 by NGC, but I don't have the numbers for PCGS. Either way, I think this coin will be selling for $300+ soon. Since this coin is not rare, even in a 70 grade, its investment potential comes from its popularity. It's a good coin to take quick profits on, to reinvest in rarer coins later.



Proof pandas



All the early proof pandas are what I like to call $10,000 coins, because I firmly believe within the next decade, you will have to pay $10k+ to obtain one. coins here meet at least 4 of the 5 criteria to determine if a coin is a good investment. The only one they may not meet is the one about conservation, which is less important as long as the coin looks good despite its age, and not very important at all for gold, platinum, and palladium.

If any of the silver coins you buy have white spots when you receive them, you should probably return it for a refund. The white spots may be correctable through conservation, but that's the seller's problem, not yours.

Now that the issue of which silver proof panda coin is the rarest seems to have been settled, the 1994 and the 1996 have increased rapidly in value. However, it turns out that all three of the top coins - the 1994, 1995, and the 1996 - have similarly small actual mintages. There's no one coin that is dramatically rarer than any of the others. The information I have says that all of them have mintages of around 7000 to 8000 coins. So, buy them all up whenever you can, as your cash holdings allow.

1987 1 oz silver proof panda NGC PF 69 UC

1987 1 oz silver proof panda NGC PF 69 UC

$1050 Buy-It-Now, or best offer. Mintage 31,000.

1988 1/2 oz gold proof panda PCGS PR 69 DCAM

$1225 Buy-It-Now. Mintage 8000.

1989 1 oz silver proof panda PCGS PR 69 DCAM

$299 Buy-It-Now. Mintage 25000.

1989 1 oz silver proof panda PCGS PR 69 DCAM

$265 Buy-It-Now. Mintage 25000.

1989 1 oz silver proof panda NGC PF 69 UC

$275 Buy-It-Now.

1989 1 oz silver proof panda NGC PF 69 UC

$350 Buy-It-Now.

1990 1/2 oz gold proof panda NGC PF 69 UC

$1198 Buy-It-Now. Mintage 5000.

1990 1 oz gold proof panda NGC PF 69 UC

$2398 Buy-It-Now. Mintage 5000.

1990 1 oz silver proof panda NGC PF 69 UC

$299 Buy-It-Now.

1990 1/2 oz gold proof panda PCGS PR 69 DCAM

$1298 Buy-It-Now. Mintage 5000.

1990 1/10 oz platinum proof panda PCGS PR 69 DCAM

With only 4500 coins minted, this coin is very rare. Add to that the fact that a huge portion, if not most of them, were used in jewelry or melted down, then there are probably very few surviving specimens in high grades. With a price of only $699, and half the mintage of a silver proof panda that sells for almost twice as much, this is a highly recommended investment, even though it's platinum, which is less popular than either silver or gold, and will make it more difficult to sell.

1991 1 oz silver proof panda NGC PF 69 UC

$439 Buy-It-Now.

1991 1 oz silver proof panda NGC PF 69 UC

$399 starting auction price, $450 Buy-It-Now.

1991 5-coin proof gold panda set NGC PF 69 UC

1992 1 oz silver proof panda NGC PF 69 UC

$450 Buy-It-Now.

1992 1 oz silver proof panda PCGS PR 69 DCAM

$499 Buy-It-Now.

1992 1 oz silver proof panda NGC PF 69 UC

$459 Buy-It-Now. Price increased from $449.

The official mintage for the 1992 coins is 20,000 but is probably lower, as is often the case for early coins. Prices have been steadily increasing, and this one has sold for $278 and $399 for a 69 specimen, and up to a whopping $738 for a damaged, ungraded coin. The $738 price was ridiculous, but it's a clue as to how crazy people get sometimes. The damage on the $738 coin is a torch sloppily engraved into it by a private coin dealer in Germany when the coin was first released. 3000 of them were damaged by the torch engraving, and word hasn't quite made it to all the collectors in China that the torch isn't supposed to be there. The Chinese dealers seem to be making good money by not telling them too!

So, we know that 3000 of these coins were damaged right when they were released, and I suspect that the Chinese dealers may be getting greedy, and they could be carving their own little torches into the surviving coins to try to score a $700+ price tag on a damaged coin. That means that, in addition to probably having a lower mintage than the official figures suggest, we already know that at least 3000 coins have been damaged. That makes this coin a good investment, because it doesn't cost more than coins that weren't damaged on a large scale.

I would grab this coin before word spreads that the little torch coins are actually damaged coins, and pristine coins are much rarer than people have thought. Only 109 have been graded a 69, which is about half as many as expected - but the coin does not cost twice as much! This coin is underpriced, and a good investment. Buy them when you find them.

1993 1 oz silver proof panda NGC PF 69 UC

$599 Buy-It-Now.

1993 1 oz silver proof panda PCGS PR 69 DCAM

$988 Buy-It-Now.

1993 1/4 oz gold proof panda NGC PF 69 UC

This is one of the most expensive sellers on ebay, but they always have the best coins. The other proof gold pandas I've listed here are priced way too low, but this one is much more fairly priced at $4985. It also happens to be one of the rarest with a mintage of only 2500! This coin will easily reach $10,000 levels within the next few years, or less. It could do it tomorrow! Once you've bought up all the bargains, get this coin. Rarities like this don't turn up often, so pay what you have to pay.

1994 1 oz silver proof panda PCGS PR 69 DCAM

$900 auction starting price.

1994 1/4 oz gold proof panda PCGS PR 69 DCAM

$1598 Buy-It-Now, 2500 mintage.

1995 50 yuan bimetallic panda PCGS PR 69 DCAM

$5495 Buy-It-Now. Mintage 2000.

1995 1 oz silver proof panda NGC PF 69 UC

$1099.99 Buy-It-Now.

1995 1 oz silver proof panda NGC PF 69 UC

1996 1 oz silver proof panda NGC PF 69 UC

$749 Buy-It-Now.

1996 50 yuan bimetallic panda PCGS PR 69 DCAM

$6795 Buy-It-Now. Mintage 2500.

1996 1 oz silver proof panda PCGS PR 69 DCAM

$1100 Buy-It-Now, or best offer.

1996 1 oz silver proof panda NGC PF 69 UC

2007 1/4 oz silver 25th anniversary 1997 proof panda PCGS PR 69 DCAM

2007 1/4 oz silver 25th anniversary 2005 proof panda PCGS PR 69 DCAM

2007 1/4 oz silver 25th anniversary 2006 proof panda PCGS PR 69 DCAM

2007 1/4 oz silver proof 25th anniversary panda 25 coin set

2007 1/4 oz silver proof 25th anniversary panda 25 coin set

$895 Buy-It-Now, or best offer. Mintage 30,000.

Search for 2007 1/4 oz silver proof 25th anniversary pandas

As a policy, I don't list coins that are not graded and authenticated by NGC or PCGS. However, this deal is too good to pass up, so I'm making an exception for it. I've seen the 2007 1/4 proof pandas sell for as cheaply as around $15 lately, but they're as rare as the other pandas selling for hundreds of dollars. There are many original sets of all 25 of the 2007 proof panda coins available on ebay right now. The lowest priced ones are about $900, and the highest priced ones are about $1300. At the highest price, that translates to only about $52 per coin! Compare that to the 1989 1 oz silver proof panda that has a similar mintage, and sells for $199 in a 69 grade.

Granted, almost none of these are graded. You'll have to know what you're doing to buy these, but I think you should be able to double your money on them easily once word gets out that you can still buy proof silver pandas for about the same price as an ungraded 2010 non-proof panda. Think it over - 2010 boring panda with a mintage of 3 million for $50, or a 2007 proof panda with a mintage 30,000 for $50. Don't be a fool, buy them up before sellers realize what they've got.



Platinum and palladium pandas



1989 1 oz platinum panda NGC PF 69 UC

$6450 Buy-It-Now. Mintage 3000.

1990 1 oz platinum panda NGC PF 69 UC

$10,750 Buy-It-Now. Mintage 1300. The last one sold at auction for close to the asking price for this coin. It's been getting talked about quite a lot. Platinum is getting popular, it seems.

1996 1/10 oz platinum panda PCGS PR 69 DCAM

$1996 auction starting price, $2599 Buy-It-Now. Mintage 2500.



Rare gold BU pandas



1982 1/10 oz gold panda NGC MS 69

Only 76 of these have earned a 69 grade so far, from NGC. Many, many were destroyed or damaged, especially from use in jewelry.

1982 1 oz gold panda NGC MS 69

1982 gold panda 4 coin set NGC MS 69

$12475 Buy-It-Now.

I've been ignoring 1982 pandas for a long time, but I can't ignore them anymore. When they first came out near the end of the 1980's gold bubble, and before the numismatics boom of the late 1980's and 1990's, they were meant to be just ordinary bullion. China just wanted to make a gold bullion round to sell some of their gold production, so not much effort was put into the the design. The coins were frequently handled, dropped, scratched, dented, etc because no one thought they would end up being valuable in high grades.

It's technically only a medal, not a coin, because it has no face value. When it became more popular than expected, collectors requested that China put a face value on all the standard series pandas that followed. The Chinese government later retroactively insisted that the 1982 pandas are legal tender, though I don't know exactly what the face value is supposed to be.

The reason why a face value is so important is because legal tender anti-counterfeiting laws protect collectors by harshly punishing anyone that makes a fake. Medals have no such legal protection. However, China has had many governments during its history, and many different currencies. I have suspected that the details about whether a collectible metal disc is still legal tender or not matters comparatively little to Chinese people who have a long history of just using gold and silver in standard weights, instead of government-created things like dollars, yuan, renminbi, etc. However, medals without a face value have been slower to increase in value than the legal tender coins, so I haven't recommended them much in the past.

All that is changing. A few days ago, a medal sold for over $15,000 when it was expected to sell for $10,000. The bidding competition was unusually fierce, and coming from experienced collectors and investors with serious money to spend on coins. I have noticed the 1982 pandas have doubled in value during the last few months, and although they still don't seem to be increasing as fast as the other coins, I think that's actually an illusion. The other coins increase in spurts, as their popularity increases or decreases. The 1982 coins have always been popular, and they've been steadily increasing in value almost unnoticed.

When looking at the NGC grading populations for these "coins", it's clear they're rare in high grades. There are only 76 1/10 oz, 214 1/4 oz, 64 1/2 oz, and 79 1 oz coins graded in MS 69. Of those 4 sizes, the only one that isn't very rare is the 1/4 oz coin. The mintages for all of them are somewhat high compared to the mintages on the other coins I've been recommending, but for all but the 1/4 oz coin, they have good "grade rarity" and enormous popularity that makes them good investments. They're all extremely hard to find in a 69 grade, and complete sets are rarely seen. The 1/2 oz coin is the rarest overall, but the 1 oz coin has the most "grade rarity".

These prices are high, but where else can you find them in a 69 grade? There's just not enough of them out there. The 1 oz gold coin, for example, should have around 2500 coins on the entire planet that would grade 69 or better. That's NOT a lot of coins! I believe the 1982 pandas are a good investment. They may or may not perform as well as legal tender coins over the long term, but I think you'll have no trouble at all taking a profit and putting your money into something else if the high demand for medals does not continue. 1982 pandas are fortunately very easy to sell due to their high popularity.

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.



Large date and small date pandas



Investment grade large date and small date pandas

Pricing information is very immature for panda varieties so here's a search, not necessarily a list of recommendations, that shows you what I might have put in this article if there were more information available. Pricing is erratic, with no one quite sure what a fair price should be, not even the sellers themselves. That usually means everything is selling too cheap. Good luck, and get them while you can.



Rare lunar coins



1981 15 g silver lunar rooster NGC PF 69 UC

1999 1/2 oz gold lunar scallop plum blossom flower rabbit PCGS PR 69 DCAM

This coin is too expensive at $4300 - but it's the only one available. I posted about others that were available for half as much just a few days ago, but they're gone, so $4300 is your new price for those who weren't the lucky buyers of those other recommendations. This coin has a mintage of only 2300 coins, so I have no doubt you'll be able to sell it for $10k+ within a few years or sooner, though I do not recommend planning on selling it at that price because it could go FAR higher. You "overpay" now for a good coin just to get it, and then make your profits later. It's frustrating this price is so dramatically higher than the last coins that sold, but you won't get good coins if you don't pay what you have to pay to get them.

In short, is $4300 an unfair price to pay for a coin that was selling for around $2500 to $3000 only one week ago? No, it is not unfair at all. Expensive, yes, but if you have the cash, buy this coin. It will only cost you more later.

2000 2/3 oz silver scallop plum blossom flower lunar dragon

This coin has a tiny mintage of only 6800 coins. It's the dragon, which is by far the most popular of the 12 coins in the Chinese lunar zodiac. This is the first investment-grade dragon I have seen in a while. A tiger recently sold for a little over $770 from one of my lists. I expect this dragon to top $1000+ when the auction finally finishes. If it does not reach at least exceed the $770 level that the tiger earned, then I think it will be a sure sign of some slowing in the market. Either way, this coin is already poised to set a record price, so "slowing" does not mean dropping!

2002 2/3 oz silver scallop plum blossom flower lunar horse

This coin is the same as the dragon coin above. A buyer in China is hoarding all the horse lunar coins, so I would not be surprised if the price of this coin exceeds the price the dragoin coin achieves, if the buyer or his agent is bidding on it. All of these lunar plum blossom "scallop" coins will be selling for many thousands of dollars each within a few years at most.



Other investment grade coins



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.

1981 1 oz gold unearthed artifacts bronze age elephant NGC PF 69 UC

$12495 Buy-It-Now. Mintage 1000. Actual mintage is probably less. This is part of a very rare and difficult to obtain series of coins.

1986 24 g silver empress of china clipper ship NGC MS 69

$168 Buy-It-Now, or best offer. I think you should be able to get this for less. I'd guess $100 to $150.

1992 15 g silver marco polo NGC PF 69 UC

$199 Buy-It-Now. Mintage 30,000.

1993 1 oz silver peacock NGC PF 69 UC

$725 auction starting price. Mintage 7000.

1993 1/2 oz gold invention & discovery definition of zero NGC PF 69 UC

$6475 auction starting price.

1993 1 oz silver fu lu shu NGC MS 69

The mintage for this coin is unknown, but probably is something around the 50,000 range is my best guess. The reason why I list it here without knowing the mintage is because it's one of the most popular coins in China due to its cultural significance. Since popularity trumps rarity, I'm calling this coin a good investment without knowing the mintage.

1993 1/2 oz gold Mao Tse-Tung NGC PF 69 UC

This coin is expensive. It has an official mintage of 5000, but probably fewer pieces were actually minted. The pricing information out there says it should be priced about $1000 lower than it is. People have made many offers on this coin, trying to get it at a cheaper price. The problem is, the price information people are relying on is for ungraded coins. This coin has a high, investment-quality grade. I think that makes it worth the extra $1000. The unusually high number of offers made on this coin leads me to believe that the coin is very popular, and priced close to what people think it should sell for - but people are just being cheap. The best coins require aggressive buying, and $1000 here and there won't matter in the long run.

1996 1 oz silver proof unicorn NGC PF 69 UC

$899 auction starting price. Mintage 8000, actual mintage probably less.

1996 1 oz silver piedfort kuan yin NGC PF 69 UC

$950 Buy-It-Now, or best offer. Mintage 5000. Price has been dropped to $550.

NEW 1997 5 oz silver romance of the three kingdoms NGC PF 69 UC

$4400 Buy-It-Now, or best offer. Mintage 1500. Large size coins are difficult to find in 69 grade because their heavy weight means that they touch other objects, even a table top, with enough force to leave deep marks.



Helpful searches



These are helpful searches for coins, not necessarily a list of recommendations, like the other items in this article. If you didn't see anything you like above, you may find coins on your own here that I have ignored or overlooked. I've included an ebay search widget to show you a sample of search results, when possible (they don't always work, so I leave them out).

I'm not going to be able to keep track of when stuff in these searches sell, so you'll have to let me know if you invest in something from these automated searches, so I can include it in the list of other coins that have sold. It would also be appreciated if you posted your coins in the LBC makes me rich thread. Thank you very much!

Search for Chinese coins in 69 grade

Search for Chinese coins in 70 grade

Search for all Chinese coins

Search for proof pandas

Search for panda coins of all types



Sold recommendations



Total recommendations sold: $122361.81

Coins sold from the Recommended modern Chinese coin investments #35 article, total: $399

1996 1 oz silver unicorn NGC PF 69 UC for $399 Jan 18, 2011

Coins sold from the Recommended modern Chinese coin investments #34 article, total: $11944.01

1988 1 oz platinum lunar dragon NGC PF 69 UC for $5600.01 Jan 17, 2011
1990 1 oz platinum horse NGC PF 69 UC for $5145 Jan 17, 2011

1992 1 oz silver proof panda NGC PF 69 UC for $450 Jan 16, 2011
1996 1 oz silver proof panda NGC PF 69 UC for $749 Jan 16, 2011

Coins sold from the Recommended modern Chinese coin investments #33 article, total: $7008.02

1996 1 oz silver proof panda NGC PF 69 UC for $771.04 Jan 16, 2011
1993 1/10 oz gold proof panda PCGS PR 69 DCAM for $1098 Jan 16, 2011
2007 1/4 oz silver proof 25th anniversary panda 25 coin set NGC PF 69 UC for $1095 Jan 15, 2011
1996 1 oz silver proof panda NGC PF 69 UC for $745 Jan 15, 2011
1989 1 oz silver proof panda NGC PF 69 UC for $255 Jan 14, 2011
1990 1 oz silver proof panda NGC PF 69 UC for $299.99 Jan 14, 2011
1993 1 oz silver proof panda NGC PF 69 UC for $599.99 Jan 14, 2011
2004 1/2 oz palladium panda NGC PF 69 UC for $895 Jan 14, 2011
1992 1 oz silver proof panda NGC PF 69 UC for $450 Jan 12, 2011
1995 1 oz silver proof panda NGC PF 69 UC for $799 Jan 11, 2011

Coins sold from the Recommended modern Chinese coin investments #32 article, total: $4741.88 (passed $100k in sold recommended investments)

1996 1 oz silver proof unicorn NGC PF 69 UC for $329 Jan 11, 2011
1996 1 oz silver proof panda NGC PF 69 UC for $729 Jan 11, 2011
1996 1 oz silver proof panda NGC PF 69 UC for $741 Jan 11, 2011
1995 1 oz silver proof panda NGC PF 69 UC for $765 Jan 11, 2011
1994 1 oz silver proof panda NGC PF 69 UC for $888.88 Jan 11, 2011
1993 1 oz silver proof panda NGC PF 69 UC for $404 Jan 11, 2011
1991 1 oz silver proof panda NGC PF 69 UC for $355 Jan 11, 2011
1990 1 oz silver proof panda PCGS PR 69 DCAM for $275 Jan 11, 2011
1989 1 oz silver proof panda NGC PF 69 UC for $255 Jan 11, 2011

Coins sold from the Recommended modern Chinese coin investments #31 article, total: $3701

2004 1/4 oz palladium panda NGC PF 69 UC for $895 Jan 10, 2011
1993 5 oz silver proof panda NGC PF 69 UC for $2561 Jan 10, 2011
2008 1 oz silver panda NGC MS 70 for $150 Jan 10, 2011
1991 silver Albert Eintstein NGC PF 69 UC for $95 Jan 09, 2011

Coins sold from the Recommended modern Chinese coin investments #30 article, total: $299.99

1989 1 oz silver proof panda NGC PF 69 UC for $250 Jan 08, 2011
2007 1/4 oz silver proof 25th anniversary 2001-2002 panda PCGS PR 69 DCAM for $49.99 Jan 08, 2011

Coins sold from the Recommended modern Chinese coin investments #29 article, total: $4715.61

1992 1 oz silver proof panda NGC PF 69 UC for $450 Jan 08, 2011
1996 1 oz silver proof unicorn NGC PF 69 UC for $299 Jan 08, 2011
1999 1/4 oz gold large date serif panda NGC MS 69 for $3049.99 Jan 08, 2011
2005 1 oz silver panda NGC MS 70 for $143.60 Jan 08, 2011
2008 1 oz silver proof panda NGC MS 70 for $161.50 Jan 08, 2011
2009 1 oz silver panda NGC MS 70 for $159.51 Jan 08, 2011
2009 1 oz silver proof panda NGC MS 70 for $139.95 Jan 08, 2011
1989 1 oz silver proof panda NGC PF 69 UC for $250 Jan 07, 2011
2009 1 oz silver 30th anniversary panda NGC MS 69 for $62.06 Jan 07, 2011

Coins sold from the Recommended modern Chinese coin investments #28 article, total: $998

2007 1/4 oz silver proof 25th anniversary panda 25 coin set for $700 Jan 07, 2011
1990 1/10 oz gold proof pandas PCGS PR 69 DCAM for $298 Jan 06, 2011

Coins sold from the Recommended modern Chinese coin investments #27 article, total: $18595

1989 8 g gold lunar snake NGC PF 69 UC for $800 Jan 06, 2011
1998 1 oz gold large date panda NGC MS 69 for $5500 Jan 06, 2011
2004 1/2 oz palladium panda NGC PF 69 UC for $895 Jan 06, 2011
2008 5 oz gold panda NGC MS 70 for $11,400 Jan 06, 2011

Coins sold from the Recommended modern Chinese coin investments #26 article, total: $869.95

2007 1/4 oz silver proof 25th anniversary panda 25 coin set for $700 Jan 04, 2011
2005 1 oz silver panda NGC MS 70 for $169.95 Jan 04, 2011

Coins sold from the Recommended modern Chinese coin investments #25 article, total: $823

1998 2/3 oz silver lunar scallop plum blossom flower tiger NGC PF 69 UC for $770 Jan 03, 2011
2007 1/4 oz silver 1989 25th anniversary panda NGC PF 70 UC for $53 Jan 02, 2011

Coins sold from the Recommended modern Chinese coin investments #24 article, total: $2408.11

2008 1 oz silver olympic kite flying NGC PF 70 UC for $88.01 Jan 02, 2011
2008 1 oz silver olympic goat jumping NGC PF 70 UC for $87.10 Jan 02, 2011
2008 1 oz silver olympic shuttlecock NGC PF 70 UC for $81 Jan 02, 2011
2008 1 oz silver olympic hoop rolling NGC PF 70 UC for $82.01 Jan 02, 2011
1996 1 oz silver small date panda NGC MS 69 for $99.99 Jan 01, 2011
1986 1/10 oz gold proof panda NGC PF 69 UC for $280 Jan 01, 2011
1986 1/4 oz gold proof panda NGC PF 69 UC for $540 Jan 01, 2011
1986 1/20 oz gold proof panda NGC PF 69 UC for $150 Dec 31, 2010
1986 1/2 oz gold proof panda NGC PF 69 UC for $1000 Dec 31, 2010

Coins sold from the Recommended modern Chinese coin investments #23 article, total: $2178

1996 1 oz silver small date panda NGC MS 69 for $85 Dec 31, 2010
1996 1 oz silver large date panda NGC MS 69 for $85 Dec 31, 2010
1992 1 oz silver proof panda NGC PF 69 UC for $449 Dec 31, 2010
1990 1/20 oz gold proof panda NGC PF 69 UC for $298 Dec 31, 2010
1989 1/4 oz gold proof panda PCGS PR 69 DCAM for $598 Dec 31, 2010
2010 1 oz silver panda PCGS MS 70 for $95 Dec 31, 2010
1989 1/4 oz gold proof panda NGC PF 69 UC for $568 Dec 30, 2010

Coins sold from the Recommended modern Chinese coin investments #22 article, total: $600.11

2007 1/25 oz gold 2004 15 yuan proof panda NGC PF 70 UC for $119.99 Dec 30, 2010
2010 1 oz silver panda PCGS MS 70 for $103.38 Dec 30, 2010
2010 1 oz silver panda PCGS MS 70 for $103.76 Dec 30, 2010
2010 1 oz silver panda PCGS MS 70 for $100.88 Dec 30, 2010
2009 1 oz silver panda NGC MS 70 for $86.05 Dec 29, 2010
2009 1 oz silver 30th anniversary panda NGC MS 70 for $86.05 Dec 29, 2010

Coins sold from the Recommended modern Chinese coin investments #21 article, total: $3975.38

2010 1 oz silver panda PCGS MS 70 for $101.88 Dec 29, 2010
2010 1 oz silver panda PCGS MS 70 for $108.50 Dec 29, 2010
1987 1/4 oz gold proof panda PCGS PR 69 DCAM for $550 Dec 28, 2010
1994 1 oz silver proof panda PCGS PR 69 DCAM for $1188 Dec 28, 2010
1995 1 oz silver proof panda NGC PF 69 UC for $799 Dec 28, 2010
1996 1 oz silver proof panda NGC PF 69 UC for $888 Dec 28, 2010
2003 1 oz silver panda NGC MS 70 for $340 Dec 28, 2010

Coins sold from the Recommended modern Chinese coin investments #20 article, total: $4541.93

1990 1/2 oz gold proof panda PCGS PR 69 DCAM for $1298 Dec 28, 2010
2009 1 oz gold panda NGC MS 70 for $1850 Dec 28, 2010
2010 1 oz silver panda PCGS MS 70 for $108.38 Dec 28, 2010
2010 1 oz silver panda PCGS MS 70 for $106.50 Dec 28, 2010
2010 1 oz silver panda PCGS MS 70 for $104.05 Dec 28, 2010
2010 1 oz silver panda PCGS MS 70 X 10 for $1075 Dec 28, 2010

Coins sold from the Recommended modern Chinese coin investments #19 - Don't buy ungraded coins article, total: $2316.24

1990 1 oz silver proof panda NGC PF 69 UC for $299 Dec 27, 2010
1992 1 oz silver proof panda NGC PF 69 UC for $399.99 Dec 27, 2010
2005 1/2 oz palladium panda NGC PF 70 UC for $1295 Dec 27, 2010
2010 1 oz silver panda PCGS MS 70 for $105.60 Dec 27, 2010
2010 1 oz silver panda PCGS MS 70 for $108.05 Dec 27, 2010
2010 1 oz silver panda NGC MS 70 for $108.60 Dec 27, 2010

Coins sold from the Recommended modern Chinese coin investments #18 article, total: $1716.48

1984 27 g silver panda NGC PF 69 UC for $1613.88 Dec 26, 2010
2010 1 oz silver panda PCGS MS 70 for $102.60 Dec 26, 2010

Coins sold from the Recommended modern Chinese coin investments - 2010-Dec-24 article, total: $2089.19 (passed $50k in sold recommended investments)

2010 1 oz silver scallop plum blossom flower tiger NGC PF 69 UC for $275 Dec 24, 2010
2010 1 oz silver panda PCGS MS 70 for $105.60 Dec 25, 2010
2010 1 oz silver panda PCGS MS 70 for $108.60 Dec 25, 2010
1995 1 oz silver proof panda NGC PF 69 UC for $799.99 Dec 24, 2010
2004 1/2 oz palladium panda NGC PF 69 UC for $800 Dec 24, 2010

Coins sold from the Recommended modern Chinese coin investments and commentary - 2010-Dec-23 article, total: $1901.60

1995 1 oz silver proof panda NGC PF 69 UC for $749 Dec 23, 2010
1996 1 oz silver proof panda NGC PF 69 UC for $569 Dec 23, 2010
2010 1 oz silver scallop plum blossom flower tiger NGC PF 69 UC for $275 Dec 23, 2010
2010 1 oz silver panda PCGS MS 70 for $103.60 Dec 23, 2010
2010 1 oz silver panda PCGS MS 70 for $102.50 Dec 23, 2010
2010 1 oz silver panda PCGS MS 70 for $102.50 Dec 23, 2010

Coins sold from the Recommended modern Chinese coin investments - 2010-Dec-21 article, total: $6892.07

1985 27 g proof panda NGC PF 69 UC for $1619 Dec 22, 2010
1989 1 oz silver proof panda NGC PF 69 UC for $199.99 Dec 22, 2010
1990 1 oz silver proof panda NGC PF 69 UC for $268 Dec 22, 2010
1990 1 oz silver proof panda PCGS PR 69 DCAM for $305.02 Dec 22, 2010
1991 1 oz silver proof panda NGC PF 69 UC for $300.02 Dec 22, 2010
1995 1 oz silver pig NGC PF 69 UC for $970 Dec 22, 2010
1995 1 oz silver proof panda NGC PF 69 UC for $655 Dec 22, 2010
2006 1 oz silver panda NGC MS 69 for $61 Dec 22, 2010
2006 1 oz silver scallop plum blossom flower dog NGC PF 69 UC for $280 Dec 22, 2010
2010 1 oz silver panda PCGS MS 70 for $102.50 Dec 22, 2010
2010 1 oz silver panda PCGS MS 70 for $105.54 Dec 22, 2010
1994 1 oz silver proof panda NGC PF 69 UC for $888 Dec 21, 2010
1996 1 oz silver proof panda NGC PF 69 UC for $569 X 2 Dec 21, 2010

Coins sold from the Recommended modern Chinese coin investments - 2010-Dec-20 article, total: $8762.24

1983 1 g gold Marco Polo NGC PF 69 UC for $402 Dec 20, 2010
1996 1 oz silver proof panda NGC PF 69 UC for $569 X 2 Dec 20, 2010
1997 1/2 oz gold scallop plum blossom flower ox PCGS PR 69 DCAM for $2988 Dec 20, 2010
1998 1/2 oz gold scallop plum blossom flower tiger NGC PF 69 UC for $3551 Dec 20, 2010
2010 1 oz silver panda NGC MS 70 for $66.89 Dec 20, 2010
2010 1 oz silver panda PCGS MS 70 for $97 Dec 20, 2010
2010 1 oz silver panda PCGS MS 70 for $109.50 Dec 20, 2010
2010 1 oz silver panda NGC MS 70 for $119 Dec 20, 2010
2010 1 oz silver panda PCGS MS 70 for $123.50 Dec 20, 2010
2010 1 oz silver panda PCGS MS 70 for $126.30 Dec 20, 2010
2010 1 oz silver panda PCGS MS 69 for $41.05 Dec 20, 2010

Coins sold from the Recommended modern Chinese coin investments - 2010-Dec-19 article, total: $16,422

1986 24 g silver empress of china clipper ship NGC MS 70 for $499.95 Dec 19, 2010
1988 1 oz silver dragon NGC PF 69 UC for $565.55 Dec 19, 2010
1988 8 g gold dragon NGC PF 69 UC for $1325 Dec 19, 2010
1989 1 oz gold snake NGC PF 69 UC for $4100 Dec 19, 2010
1989 8 g gold snake NGC PF 69 UC for $965 Dec 19, 2010
1998 1/2 oz gold small date panda NGC MS 69 for $6087 Dec 19, 2010
1999 1 oz gold small date panda for $2351.99 Dec 19, 2010
2001-D 1 oz silver panda PCGS MS 69 for $160 Dec 19, 2010
2001-D 1 oz silver panda PCGS MS 69 for $144.99 X 2 Dec 19, 2010
2010 1 oz silver panda PCGS MS 70 for $125 Dec 19, 2010
2010 1 oz silver panda PCGS MS 70 for $97.50  Dec 19, 2010

Coins sold from older articles, total: $14,463

2008 1 oz silver panda NGC MS 70 for $150 Dec 18, 2010 (LBC makes me rich)
2010 1 oz silver panda NGC MS 69 for $42.05 Dec 18, 2010
2009 1 oz silver 30th anniversary pandas NGC MS 69 X 10 for $510.95 Dec 16, 2010
1986 5 yuan soccer NGC PF 69 matte KM-140A for $3950 Dec 15, 2010
1987 5 oz silver panda NGC PF 69 UC for $800 Dec 12, 2010
1989 5 oz silver panda NGC PF 69 UC for $960 Dec 12, 2010
2000 1/2 oz gold scallop lunar dragon PCGS PF 69 DCAM for $5895 Dec 12, 2010
2010 1 oz silver panda PCGS MS 70 for $105 Dec 10, 2010
2010 1 oz silver panda PCGS MS 70 for $125 Dec 08, 2010 (LBC makes me rich)
2010 1 oz silver panda PCGS MS 70 for $125 Dec 08, 2010
1983 silver proof panda for $1800 Dec 06, 2010
« Last Edit: 2011 Jan 19, 01:56:31 pm by badon » Logged

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« Reply #1 on: 2011 Jan 20, 12:06:05 pm »

"Coins sold from the Recommended modern Chinese coin investments - 2010-Dec-19 article, total: $16,422
1988 1 oz silver dragon NGC PF 69 UC for $565.55 Dec 19, 2010"

A variation of the above coin becomes available for about the same price. Will it still be a good buy? Some time ago (Dec 11, 2010) in answering another person's question, you cited $200-400 as the acceptable range for this kind of coins. Have you changed your mind since then?
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« Reply #2 on: 2011 Jan 20, 03:49:19 pm »

Prices have risen considerably. They may continue to rise at a slower pace for quite a bit more time. I made a guess of what that other coin would sell for, and I was way too low, but I do think it deserves the higher price. I overlooked the coin you're mentioning. It's in my draft for the next article here:

http://www.livebusinesschat.com/smf/index.php?topic=2979.0

Since you have access to my article drafts, if you want that coin, you'll be able to get it before I officially publish it.
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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.
Writer of LBC Chinese coin investment articles (list).
About me: User:Badon - MediaWiki.org
Badon effect: type 1 to 8, type 9.
I type faster on a TypeMatrix.
Use my work. Give credit.
Coin, medal, whatever!
Coin storage advice.
FreeArc is amazing.
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dobedo
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« Reply #3 on: 2011 Jan 20, 07:38:18 pm »

Not sure how you missed it. Good to know I actually noticed it before you did. BTW, it's gone already.
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« Reply #4 on: 2011 Jan 25, 07:38:18 pm »

I have to take a break from time to time or I go insane!
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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.
Writer of LBC Chinese coin investment articles (list).
About me: User:Badon - MediaWiki.org
Badon effect: type 1 to 8, type 9.
I type faster on a TypeMatrix.
Use my work. Give credit.
Coin, medal, whatever!
Coin storage advice.
FreeArc is amazing.
User contributions for Badon - Coin Compendium
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