Comments on July Transactions

2009 Silver Panda, as expected, had the highest number of transaction of 111. This is excluding some that were sold in lots and also some dodgy ones. There are a few ebay sellers from China and Hong Kong selling fake 2009 Silver Panda. Some are really well made especially the Temple on the obverse. I could only tell from the more frosty fur of the pandas. However, it is also sellers from China who gives the best deals in terms of shipping.

2007 has a 10th Anniversary Xi'An City Commercial Bank Commemorative coin of mintage 20,000 sold for $790. 2006 has 3 commemorative coins but all of which were sold for less than $100. 2004 and 2005 ICBC Commemorative were sold for more than $200. 2003 had the lowest volume for post 2000 Silver Panda.

There were 3 NGC MS69 2000 'Mirrored' Silver Panda sold for an average price of $380, which is nearly $100 more than the double sealed, whereas the 'Frosted' NGC MS69 is sold for only $10 more than double sealed. Another interesting point to note is that the difference between NGC and PCGS graded MS69 is less than 3%.

Pre 2000 Silver Panda did not have more than 10 transactions for each version. Double sealed were sold up to $20 more for the common years while the difference (more than $70) was greater for 1991-94.

The 1996 Proof version was sold at about the same price of slight above $300 for the double sealed and NGC PF69 Ultra Cameo and it is still hard for me to understand why 1996 having the lowest mintage of the Proof versions is selling at such low price. 1995 Proof version PCGS PR68 and PR69 DCAM were sold for more than $500 and $600 respectively while the ungraded one was sold for nearly $400. The selling price ($375) of 1994 PCGS PR67 DCAM somewhat supports the opinions of certain collectors who believe that a double seal could fetch more than a coin graded less than 69. Transaction for 1993 PCGS MS69 Large Date ($358) compared with NGC PF69 UC ($234) seem to show that BU Silver Panda coins are in greater demand than Proof. Transactions of 1991 and 1992 further reinforce the opinions of better to leave it double sealed than to be graded - (Price;Shipped)

1991 PCGS MS67 Large Date ($88;$107),

1991 Double Sealed Large Date ($126;$151);

1992 PCGS MS68 Small Date ($127;$147),

1992 Double Sealed Small Date ($138;$162).