Getting ready to sell some Gold Pandas

bstat1020

Hello all,

I am getting ready to sell several Chinese Gold Pandas from my grandfathers collection.

The prices for these are all over the place. I have gone to www.pandasamerica.com where a 1982 set sells for almost $5k and to ebay where I can not seem to find any of the earlier Panda Years.

It looks like the 1982, 1983, 1984 have some very low mintages compared to the rest of the Pandas. These coins were removed from their original mint packaging by my granfather and put into 2x2s for his coin binder. Can someone help me with pricing these out as the information I can find is all over the place??

Here is what I have:

1982 1oz, 1/2oz, 1/4oz, and 1/10oz

1983 1oz, 1/2oz, 1/4oz, 1/10oz, and 1/20oz

1984 1oz, 1/2oz, 1/4oz, 1/10oz, and 1/20oz

1985 1oz, 1/2oz, 1/4oz, 1/10oz, and 1/20oz

Thanks,

Bstat

theboz11

There is a thread on this topic, with all the mintages. Panda mintagesGood luck

bstat1020

I found that thread before I posted this. That thread led me to several websites, which is what got me confused.

www. pandaamerica.com has the 1982 set for just under $5k. That does not seem correct or is very high end retail pricing. Just looking for someone to help me in the right direction for a correct sell price.

Brian

theboz11

1982 always brings a premium. Original wrappers brings top dollar as would be expected. Finding complete sets of 1982 is worth an additional premium. Pandamericas price are toward the upper end also. But $5000 Is high for the set IMHO. I have some and have owned them for a long time, but have not really followed the price run up with the increase in gold value.

bstat1020

Anybody else out there care to help me out?

trozau

You get the best prices when the coins are still in their sealed original vinyl pouches. Since they have been removed, I would suggest having them slabbed (hopefully, they did not suffer any wear from the 2X2s). This way you may even get higher prices for them (specially if they grade high. Only the 82, 83 and 84 will command higher premium. 85 is pretty common.

OnlyBuffalos

trozau offers sound advice.

Before doing anything however, I would contact APMEX and discuss your situation with them. They may offer to look at the Pandas at no charge and provide free consultation especially since you have several better dates. It is important to know the grades of the Pandas.

If any of your non-1982 coins are circulated, you may net more selling them as bullion to a gold bullion dealer as the gold spreads are quite small rather then selling on eBay where the fees will be in the 6 to 10% range. There is limited demand for most circulated non-1982 dates as they typically sell for little more than their bullion value.

bstat1020

Thanks everyone. The Pandas are all proof coins. I am taking them into Chicago with me next week to a dealer who is interested. We will see how that goes.

trozau

<< <i>Thanks everyone. The Pandas are all proof coins. I am taking them into Chicago with me next week to a dealer who is interested. We will see how that goes. >>


The gold pandas are issued in what is called proof-like condition. Actual proof issues did not start until 1986 and have a "P" mint mark.