Week 4.4 Silver Panda Coin
One of the highest premium silver coin is silver panda. For big order, a monster box comes in 600 oz/box containing 20 x 30 coins pad. When it is minted, major reseller in USA will sells them at around USD6-7 above the silver spot price. Price for old silver panda goes up like mad over these past few years.
Selling Strategy
The strategy is buy a bit and hold for 2-3 years before reselling it higher price. Your customer will be new collector coming into the coin market.
ROI calculated base on nominal interest rate (ROI) is probably around 15% to 30%/ year compounded. If you have few grains in FD, you may want to consider getting silver panda as investment. You should get them while there are still minted, otherwise it will be a bit too late and your return may not be that high. In 2009, you can get a 2009 panda for USD23.00. You can check the prices in ebay today.
There are two appreciations in price. The first is the appreciation of silver value in the coin. The second is the appreciation in the numismatic value of the coin.
The following silver panda coin which has the highest appreciation from year 2000
a) Panda 2000
b) Panda 2003
c) Panda 2004
You can check out the price yourself.
Real Panda Identification
1. For silver panda 2002 and above, the coin reeling should be ///// slanted. This makes the counterfeiting process more difficult.
2. Weight should be 31.1 + 0.2 grams. Some real coin only weight 30.9 grams. Thus you must have a weighting scale before becoming a collector.
3. Has a face value of 10 yuan.
These 3 mains things enable you to distinguish most real panda from fake panda starting from year 2002. Off course you can see lot of fake panda article on the web, I find these few points very straight forward and are served as a good guide. The rest are just too technical for me.
Fake Panda coin. Picture below.
You can see that the weight is not 31.1 gram plus minus 0.2 gram. this coin has a close weight with the real coin. However you can see the reeling is straight and not slanted.
Real Panda coin. Picture below.
You can see the weight is 31.1 gram and the coin reeling is slanted.
For year 2001 and below, I don’t know how to differentiate them other than
1. Weight should be 31.1 + 0.2. Some authentic coin only weight 30.9. Most of the time, the coin is underweight.
2. Has a face value of 10 yuan.
I was also told that if you use light to shine the coin in darkness. You can actually see the panda in black and white. Certain portion of the coin has a different angle of reflection to light to cause this effect. Thus it is a high tech coin. I guess.
Seal Panda coin
Personally, I think the sealing is done by the seller. I don’t think it’s done by the mint. I could be wrong. FYI, coins from the monster box is not sealed.
The best coin I ever bought from silvermalaysia is the 2010 PANDA coins. The 2nd best coin after PANDA will be the LUNAR series (LUNAR RABBIT, OX, TIGER, RAT) from PERTH MINT. I am anxiously waiting for LUNAR DRAGON !
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ReplyDeleteJust to share an intereating interview on silver market. Jim Papuavla brings along silver gurus in 1 hr radio interview. Those invited are all renown gurus... David Morgan, Mike Maloney, Jeffrey Christian, and Franklin. Do check it out: on http://goldbasics.blogspot.com/ (go to 5th March 2011 blog postings). Highly informative!
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