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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (196036)	2/8/2023 10:04:26 PM
From: TobagoJack	Respond to of 219047

A shop was able to assemble a complete set desired by friend, starting w/ 1982 mintage, gold only, and the total cost was slightly greater than 2X the gold content for the handful. (1) Most China Panda coins are sold overseas / outside of China and traded outside of China For example in America pandaamerica.com seems a good site, been in biz since the get-go way back (1982) The first year-issue ngccoin.com relatively inexpensive ($10-20 per coin depending of international service provider) to get the coins graded in order to extract the numismatic premium if selling onesies / twosies (1-i) is why the actual mintage (26,xxx - 260,xxx) falls short of authorised mintage (600,000 for the 1 troy oz / 30gm gold coins) eon after eon (1-ii) some Chinese on mainland only starts to 'like' the Pandas after such have accrued numismatic value overseas, and buy them when visiting HK, but by such time, only current-year-issues are available and past-year mintage long went unobtainium (1-iii) when the mainlanders buy gold, they are mostly the women folks and they buy jewellery whereas the fellows buy wafers, ingots, and bars (2) The platinum pandas are minted to be numismatic curiosities, and so has numismatic premium embedded from the get-go. I buy them to make sure my complete sets stay complete, with the requisite Au, Ag, Pt, and Pd, whenever they are minted. Au and Ag are done every year, and Pt and Pd are only occasionally minted (3) I buy the gold panda at spot + 3.5% for each year, and then HODL, not for the numismatic rise but just as habitual deep-keep of sleeping-capital (3-i) i doubt I can unload the pandas at numismatic valuation because I am not patient enough to sell in onesies and twosies over the trading sites, as opposed to sending them to the mints in HK new territories to be re-cast to good -delivery and enter the official system. The pandas are actually difficult to unload relative to the Maples, Koalas, Eagles, Krugerrand, Philharmonics, and Buffalos because the banks do not offer them and therefore the banks do not buy them back. (3-ii) i buy the bullion pandas from official subsidiary distributor of PBOC as member of the preferred client, and from officially-designated distributors for the commemorative / numismatic stuff. (3-iii) the other and lesser coins I buy from banks, keep the receipts, and should I wish to sell, I guess I would sell back to the banks or re-cast. (4) Most of my gold are pandas, due to preference, but I value them as gold and not coins. I hold perhaps 20-25% of gold in the form of other coin formats, and they might be traded away one finer day - dunno, agnostic (5) As example of numismatic valuation, thelondoncoincompany.com and bullionstar.com (6) The years when gold is not popular results in the higher premiums because pandas are minted month-to-month, and when gold unpopular, the demand is less, and the year passes with ~25,xxx minted out of authorised 600,000 forums.collectors.com lynncoins.com (7) there are fake gold coins, of all popular brands, but it is relatively easy to identify those