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2020 Silver Pandas

ilmcoinsilmcoins Posts: 525 ✭✭✭✭
in Precious Metals

Did these just come out? The premiums are outrageous!

Comments

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @ilmcoins said:
    Did these just come out? The premiums are outrageous!

    And they are only 30g.

  • blitzdudeblitzdude Posts: 5,960 ✭✭✭✭✭

    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™.
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  • TheRavenTheRaven Posts: 4,143 ✭✭✭✭

    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.

    Collection under construction: VG Barber Quarters & Halves
  • OPAOPA Posts: 17,124 ✭✭✭✭✭

    @blitzdude said:
    Wait a year or 3, premium will be gone plus you should be safe from milk spots.

    Good luck with that. Please find me a link with older Pandas selling at spot.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    It’s that panda premium. Agree with @OPA hard to find unless it’s been messed-up (prints, scratches, etc.).

  • bronco2078bronco2078 Posts: 10,244 ✭✭✭✭✭

    the premium goes up for sure but the move to 30 grams hurt that I think

  • donzmedonzme Posts: 169 ✭✭✭

    I suspect the tariff on Chinese coins hasn't been lifted yet.

  • OPAOPA Posts: 17,124 ✭✭✭✭✭

    @donzme said:
    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.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • johnny9434johnny9434 Posts: 28,418 ✭✭✭✭✭

    wait until the hype is done then go for it, fwiw

  • donzmedonzme Posts: 169 ✭✭✭

    @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

  • OPAOPA Posts: 17,124 ✭✭✭✭✭

    @donzme said:
    @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.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • isaiah58isaiah58 Posts: 385 ✭✭✭

    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.

  • jmski52jmski52 Posts: 22,899 ✭✭✭✭✭

    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.

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    I knew it would happen.
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