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Author Topic: Modern Chinese coin investments Notes  (Read 1575 times)
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tamo42
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« on: 2011 Sep 21, 07:56:40 am »

This article contains all the standard reference material you may need for the Chinese coin investments LIST. You can read this article directly or as a link from any of the LISTs.

Enjoy!
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Neal McSpadden
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The Primal Prepper - my blog about preparing for the worst while living the best
tamo42
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« Reply #1 on: 2011 Sep 21, 07:56:47 am »

Opera web browser



I have found that the fastest web browser for loading these pages of coins is the Opera web browser. With other browsers, my fastest quad core computer slows down a lot on just one page. With Opera, I can load the whole thing up on my slowest computer, no problem. Get it now:

http://www.opera.com/browser/download/

There's also a handy "portable" version that does not require installation:

http://www.opera-usb.com/operausben.htm

Click on "Mainpage" to find versions in other languages besides English.
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Neal McSpadden
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The Primal Prepper - my blog about preparing for the worst while living the best
tamo42
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« Reply #2 on: 2011 Sep 21, 07:56:54 am »

Chinese coins are better





* Fidelity Overseas Fund (FOSFX)
* NASDAQ Average
* Brazilian Stock Index (BVSP)
* Crude Oil
* Gold
* Silver
* Chinese coins

This information comes from http://www.pandacollector.com/
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Neal McSpadden
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The Primal Prepper - my blog about preparing for the worst while living the best
tamo42
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« Reply #3 on: 2011 Sep 21, 07:57:00 am »

Sell your coins on LBC or CCF forums



The Chinese coin marketplace on LBC is a topic started by groovemachine for selling coins amongst LBC members. It's been around for a while now, and seems to be getting interesting, so I figured I would mention it here. Ebay is by far the best place to buy and sell coins, but sometimes it's interesting to see what's been posted over there.

There's also a similar place at the CCF
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Neal McSpadden
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The Primal Prepper - my blog about preparing for the worst while living the best
tamo42
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« Reply #4 on: 2011 Sep 21, 07:57:04 am »

Register, read replies, get NOTIFICATIONS, access drafts



Always come back to check the replies on these articles. That's where most of the good stuff is! Register on the forums and click the "NOTIFY" button on this article to receive email notifications of new replies that may make some easy money for the first person to read it. Many of the best coins only last for a few minutes or seconds before somebody grabs them. If you get notified of replies, you'll be able to see anything new that I list right when I list it. You'll also stay informed of the hot topics, and see what other people are talking about buying.

Also, once you're registered on the forums, you can access the drafts forum where I post stuff I'm working on. Having access to my drafts lets you see the good stuff before anybody else - sometimes only minutes before, and sometimes more than a week before! You'll have valuable advanced information before the rest of the market gets it! Of course, you MUST click on the "NOTIFY" button for the drafts forum if you want to receive an instant notification that a draft has been posted.

Hint: Once you see the first draft, click the "NOTIFY" button for the draft. When my draft is almost ready for publishing, I break up the post into replies that follow the first post of the draft. You'll get a notification that a reply has been posted, and that will tell you the draft is almost done. A near-finished draft with the replies will contain more, better info than the first draft notification, so that's the good info you want to see.

Finally, you'll want to stay up-to-date on my postings, so click the "NOTIFY" button on my blog forum. You may want to take a look there from time to time, especially to read my older postings that are packed with valuable money-making information. If you're wondering if I'm worth listening to, you can see a list of my articles sorted by date. Check out the older ones to see my track record at predicting the markets. It's impressive, if I do say so myself. No one on the planet as a track record like mine. You can trust my predictions, they're always right!
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Neal McSpadden
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tamo42
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« Reply #5 on: 2011 Sep 21, 07:57:09 am »

NCS and NGC need 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.
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Neal McSpadden
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tamo42
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« Reply #6 on: 2011 Sep 21, 07:57:15 am »

NCS conserved certificates?



What if NCS started selling certificates that said that a coin had been conserved? Would you want one for each of your coins, so you could prove to a buyer that your coins are professionally conserved? It's been impossible so far to persuade NCS and NGC to start labeling conserved coins. But, they may be willing to produce certificates, especially if it earns them a little extra money.

Prices earned by sellers have been significantly better for the coins they advertise as NCS conserved. When buyers have a choice between 2 coins, one that's cheaper, but not NCS conserved, and one that's significantly more expensive, but has been NCS conserved, the buyers almost always choose the NCS coins first. Once those are gone, then the unconserved coins start selling again.

Many of the sellers are able to provide paperwork to show that a coin has been conserved, and the seller's reputation leads to buyers trusting sellers when they say the coins are conserved. But what about the buyer when it comes time to sell? It would be very helpful if they had a certificate from NCS that says for certain that a coin has been conserved. It would add value to the coins when they initially sell from a dealer, and it will also make it easier for the buyer to sell later too.

Further down in this article is Craig Fiumara's contact information at NCS. It would be helpful to make this possibility a reality if you told him you'd like to buy conservation certificates for your coins.
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Neal McSpadden
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The Primal Prepper - my blog about preparing for the worst while living the best
tamo42
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« Reply #7 on: 2011 Sep 21, 07:57:25 am »

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
* For those new to the modern Chinese coin market (By Batman)
* My First Chinese Panda Coin Purchase (By Tamo42)
* Modern Chinese coin investment strategy
* Black Swans, Fake Chinese coins, badon, & ebay! (By r3globe)
* 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
* Why You Should Collect (or Invest) in Gold Panda Fractional BUs (By Batman)

Here's some handy websites for basic coin facts like mintages:

* Modern China Coins Data sorted by series
* china-mint.info Data sorted by year
* china-mint.info silver actual mintages
* china-mint.info gold actual mintages
* Chinese Coin Forum
* The Coin Compendium is coming!

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.

If you have the book, you need the updates. Peter Anthony publishes his Pricepedia giving you all the latest prices in both the US in China for pandas, lunars, and other modern Chinese coins. Essential market information. He also offers a 30 day money-back guarantee. If you don't like it, you'll get a refund and get to keep the first month free! Make sure to tell him that you found his Pricepedia here at LBC!

Get the Pricepedia here!
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Neal McSpadden
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The Primal Prepper - my blog about preparing for the worst while living the best
tamo42
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« Reply #8 on: 2011 Sep 21, 07:57:31 am »

badon's choices




* 1987 3.3 oz silver clear claw god of longevity
* 1987 3.3 oz silver ghost claw god of longevity
* 1989 3.3 oz silver god of war & wealth, all 4 known varieties
* 1990 silver gods medals
* 1984 20 g silver pagodas
* 1984 20 g silver goldfish
* 1990 18 g silver goldfish
* 1998 1 oz silver large date pandas
* 1990 dated coins
* 1990 small size 1 g gold and 2 g silver dragon & phoenix
* 1995 to 1997 Romance of the Three Kingdoms
* Chinese Historical Figures coins that feature Three Kingdoms people
* 1989 Chinese Historical Figures set.
* 2007 1/4 oz silver proof 25th anniversary pandas in a 69 or 70 grade
* Lunars, all of them, but especially the scallop flower shaped designs
* All kinds of dragons
* Pandas, all of them - yes, ALLLL of them (except the exceptionally unexciting exceptions like the high mintage 2010 and 2011 1 oz silver and gold)
* 1/2 oz silver pandas
* Coins in a 70 grade
* Very rare coins over $5000 are about to make big moves again, after being dormant lately
* All varieties that are not yet recognized by books, catalogs, and the grading services
* All expo coins, including coins that do not have pandas on them
* Painting, literature, and all other kinds of art-themed coins

tamo42's choices

* fractional gold pandas from the 80s and 90s
* gold proof pandas selling at a discount to gold BU pandas
* dragons of all types
* 5 oz silver proof pandas
* 2001 D silver pandas
* 2005 1 oz silver MS 70 pandas
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Neal McSpadden
Get Coin Investments List Updates Here
The Primal Prepper - my blog about preparing for the worst while living the best
tamo42
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« Reply #9 on: 2011 Sep 21, 07:57:36 am »

Problem sellers


I have added a section that mentions problem sellers so people using this list will know if a seller they're interested in buying from is one that is likely to leave them unhappy. I feel compelled to do this, since removing them from my list entirely is not what people want, while at the same time, I feel responsible for recommending coins from sellers that will mistreat their customers.

These sellers are ones that have a longstanding pattern of problems. They frequently have nice coins, so their coins will still be included in this list, but this warning is here to tell you that you may regret buying from them. This is my little disclaimer, so I can distance myself from them if you have problems buying one of their coins that have been included in my list.

This list is the best resource available for people who are completely new to buying modern Chinese coins, so I feel it is important to make buyers aware of where the danger zones might be, while still making the coins available to more experience buyers who are used to handling problems from sellers that don't make customer satisfaction a high priority.

* beautyhere_2008

Seller does not disclose flaws, and does not accept returns. Coins frequently have white spots of death that aren't clearly visible in photos.

* PandaAmerica

Seller has had a monopoly in the United States since 1982. Almost all the Chinese coins in America have to pass through them first. I hear frequent complaints of all types about this seller, mostly about their "culture" of inadequate customer service. The company's President is aware of their problems, and tells unhappy customers they should be grateful to be allowed to buy from their monopoly. The company is reluctant to accept returns, and they do not accept PayPal payments and buyer protections.

* rarecoincollector

Seller has been known to bait-and-switch listings, showing one photo in the auction and sending a different one. Apparently came back to eBay after alienating many of its clients on its own website. Seller also has a conflicting return policy.
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Neal McSpadden
Get Coin Investments List Updates Here
The Primal Prepper - my blog about preparing for the worst while living the best
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