Need Help with China Coins

jts123

I am new and would appreciate any assistance this forum may have to offer. I have recently inherited a large collection, which includes numerous unicorns and pandas. It is difficult for me to find a resource which provides market price these coins. I have been in touch with panda usa and panda america, both of whom have been helpful and are interested purchasers. My research indicates that my aunt greatly overpaid for these coins back in the mid '90's, but it is my hope that the passage of time, increase in buillon prices, and limited distribution numbers will at least help the collection break even.

I am in the process of completing a general inventory list and have the paperwork / COA's for almost every coin. I want to make educated decisions on each coin.

Thanks very much for your time. I can be reached at trent.scofield@odnss.com

Trent

sumnom

This is not an area I know much about but there are people here who do. I am sure someone can help, if they have not done so already. Good luck.

laurentyvan

Please try and post as much information as possible about your coins, together with images if possible.

This forum will be glad to help you accomplish your goal.

jts123

Here is a sample of pandas, all with COA's. Sorry, I cannot post images.

1. 89 panda platinum, 1 oz proof
2. 95 pand gold, 1 oz proof
3. 90 panda "mystery" platinum, 1 oz proof
4. 88 panda platinum, 1 oz proof
5. 82 panda gold, 1/2 oz proof
6. 82 panda gold, 1 oz proof
7. 95 panda gold, bi-metal (5 oz gold and 2 oz silver), distribution of 199 coins
8. 93 panda gold, proof set: 5 small coins in box set: 1/2 oz, 1/4 oz (bi-metal), 1/4 oz, 1/10 and 1/20
9. giant panda silver set: 5 coins in box set, all 5 oz, '87 -- '91

I'm new at this, so any feedback will be appreciated. Thanks -- Trent

OnlyBuffalos

Trent,

If there is no great urgency to the sale of the coins, I recommend you take the coins to a PCGS authorized dealer to get his opinion on the likely grade the coins would realize if they were certified by PCGS. Coins that would grade MS69 or PR69 or higher are worth a premium in today's market when certified and will have a significant value over the "melt" value. The dealer should also be able to tell you if the coins are authentic. He should also be able to identify some coins which are not the typical panda coin that most panda collectors seek; for example the 1982 gold 1/2 and 1 ounce proofs (the proofs which correspond to the uncirculated gold pandas were not issued until 1986).

If the coins would not realize a "69" grade, the premium may or may not be worth the expense of having the coin cerified. But if the coin is still in its original capsule which is enclosed in the original mint holder with a COA it too is worth a premium over melt and readily saleable.

Do not take the coins out of the capsules and the holder containing the capsule.

Pandas which have problems, with some exceptions, are typically worth only the melt value.

APMEX is a reputable buyer of Panda coins and will offer you a fair value for your coins if you want to sell them ASAP or later.

With gold and platinum rising and with the trend likely to continue as the dollar weakens, you may want to sit tight for the time being.

With Pandas you sometimes do better selling the rarer Pandas directly to a Panda specialist compared to selling them on eBay.

You do have a nice holding of Panda coins and should do well if the coins are in PR69/MS69 condition. Get multiple opinions and offers before selling.