Gold panda coin price trend to increasing spot

[Administrator]

2016 is the first year of proof panda that change 5 oz to 50 gram, 100 gram and 150 gram.

However it actual minted are too high and gold spot at Low level so the demand is exceptional Low.

This the auction of 50 g 2016 NGC pf69 which fall below spot sold at 2985. This means the fiat legal tender gold panda coin is selling at 1857 per oz that spot at 1950. It is 5 % below spot. After minus the auction fee and grading fee the seller get below spot value and loss more money.

Recently there was a non fiat ( not legal tender) gold panda coin 50 g Omp sold at 4070. This is 1085 higher than legal tender gold panda coin.

A coins can be legal tender and non legal tender issue by China official means own by China government instead of private companies. They use coin technology not like private mint. They have advance counterfeit measurement technology than private mint. They are back by government with strong and research and technology in minting vs private mint. So there are no different between legal and non legal tender mint by government mint. But it is a big differences between government and Private mint.

This example of sold transactions showing you that non legal tender selling price at almost same period get better deal than legal tender. There are many factors like mintage , demand and supply, high relief vs Low relief, customer population , target customer , economic , personal preferences and many other factors affect the selling price of a coins regardless it is legal tender or not legal tender. Not misleading by one sources only.

Another gold panda coin 30 g baby panda sold at 2547 which is much more than spot as non legal tender coin by government mint of china but the legal tender 50 g 2016 sold Below 5 % of spot.

Those example tell you much and proven some self declared expert is not telling you all informations and facts.

[Administrator]

Another 5 oz 3 % above spot of 1950 per oz  NGC graded. The 3 % not enough to pay auction house fee and grading fee. 2006 is a good year of gold panda.

[Administrator]

This another cases of big gold panda need the mentioned factor to sell at good margin else you will get spot only.

2012 5 oz panda sold yesterday. Price Rmb65,625 @ usd9,913 inclusive commission excluding shipping fee. Yesterday good spot at average usd1,980. This means 1980 x 5 oz is at 9,900. Buyer loss money to pay auction house commission by not even get at gold spot price not even mention cost of shipping to auction house, waiting time and opportunity cost of gold spot lower, grading fee and others if he choose to sell to Jewelry shop who buy at spot minus max 1 %. Unfortunately plenty of collectors have no network of selling big gold coin so those common and lack of demand big gold coins are bad investment as my personal view.

Big gold coin which you must select those high demand and buy at release price instead of peak price which might a good investment and good bet as my experience. Show panda which 100 gram and above with Super high premium with even super Low mintage are risky except you are good in selling big price items like coin dealers. USA very successful in getting collectors and dealers buy those big coin show panda with 3.5 to 8 Times of metal value but end up they get no secondary market. Some flippers think of getting chance to flip but if they jam the cashflow like hell fail to sell.

[Administrator]

This the auction price just ended on 25 August 2020. The NGC pf70 2020 proof 50 g gold panda coin sell almost at spot. It is 2020 proof gold panda instead of bullion. As told not everyone is nick brown can who have the network and able to sell at good price.


Rmb22866 including auction house fee@ usd3316 for 50 g gold panda coin. Why the f !!!! Gold spot for 50 g on that day was 3099. It is just 7 % @ 217 of spot. Can this $217 cover the NGC grading fee and auction fee ? Obviously NO !!!!!!!

[Administrator]

Gold spot has keep increasing for past few week to historical high at usd2000. 2,000 is one of the barrier point according to some expert.

I can see more activities of ETF paper & physical (bullion coins and numic coins) globally.

The ebay transactions of 1 oz gold coins still not super high Premium against spot. This is same happening in china.

Bigger size gold Panda coin more than 1 oz Auctions in China end with less than 10 % premium including auction house commission. Generally the  issue price always at spot plus 3x to 6x % premium or higher. What this tell us ? Big gold proof coins need more money to purchase due to proof on finishing in quality and high value in $ due to size. Thus, the target customer group and collectors afford to buy it is much lesser than 1 oz and smaller bullion panda coin. You need to know the market and customer in order to profit like nick brown. Not everyone can success in making good margin of big size gold coins like him. More big gold panda coins like 100 g, 150 g , 1 kilo and 5 oz showed up in china market recently. They sell almost near spot plus max 10 % in last few weeks. They have recoup the cash since bought at Low spot. Less transaction and listing in ebay since the ebay fee at 6 % for USA register user and 10 % for overseas register user with no ebay store subscriber plus 4 % PayPal fee which has eaten up all margin. In additional, high shipping risk and scam of signed package but no coin received can lodge a buyer protection in ebay. Seller likely and might loss this cases to buyers if you are not high value coin seller in ebay.

I will continue this thread for smaller panda and related matter later.