2020 Silver Pandas
ilmcoins
Posts: 525 ✭✭✭✭
Did these just come out? The premiums are outrageous!
1
ilmcoins
Posts: 525 ✭✭✭✭
Comments
And they are only 30g.
Wait a year or 3, premium will be gone plus you should be safe from milk spots.
The whole worlds off its rocker, buy Gold™.
These pandas seem to be not as available this year as the past.
Premiums on pandas only seem to go up after a couple of year.
Good luck with that. Please find me a link with older Pandas selling at spot.
It’s that panda premium. Agree with @OPA hard to find unless it’s been messed-up (prints, scratches, etc.).
the premium goes up for sure but the move to 30 grams hurt that I think
I suspect the tariff on Chinese coins hasn't been lifted yet.
What tariff? No tariff on currency or bullion from China that I'm aware of now or in previous years.
wait until the hype is done then go for it, fwiw
@OPA
There was a 15% tariff surcharge applied to Chinese coins in the last HA Hong Kong auction since they're products of China.
https://forums.collectors.com/discussion/1027059/new-us-china-tariffs-hit-the-coin-market-now
Thanks for the info. I did not know that.
As a precious metal investment, I can not justify purchasing them. In a liquidation scenario, I am not confident on the premium holding. I am confident on the premium for ASE's. I think from a collecting aspect, the market dictates the price, and they do look nice. I also think a lot of generic bars and rounds from trustworthy producers look good so I stick to the investment aspect of precious metals.
As a precious metal investment, I can not justify purchasing them. In a liquidation scenario, I am not confident on the premium holding. I am confident on the premium for ASE's. I think from a collecting aspect, the market dictates the price, and they do look nice. I also think a lot of generic bars and rounds from trustworthy producers look good so I stick to the investment aspect of precious metals.
Welcome! I hope that you stick around.
I knew it would happen.