Thursday, October 7, 2010

September Transacted Prices for Silver Panda

The following prices are averaged transacted prices for double-sealed Chinese Silver Panda coins. Prices are in Singapore Dollars (SGD) and includes shipping costs to Singapore.

Legend: L - Large Date; S - Small Date; F - Frosty; M - Mirrored; SR - Serif Font; LTLD: Large Twig Large Date; STLD: Small Twig Large Date; STSD - Small Twig Small Date; D - Domestic

Red indicates a decrease in price over previous month;
Green indicates an increase in price over previous month.

1989 - 62.42
1990L - 93.16; 1990S - Nil
1991L - 137.26; 1991S - 117.26
1992L - 103.68; 1992S - 99.46
1993L - Nil; 1993S - Nil
1994L - Nil; 1994S - Nil
1995LTLD - Nil; 1995STLD - Nil; 1995STSD - Nil
1996L - 52.60; 1996S - Nil
1997L - Nil; 1997S - 57.74
1998L - Nil; 1998S - Nil
1999L - Nil; 1999S - Nil; 1999SR - Nil
2000F - 191.87; 2000M - Nil
2001 - 54.06; 2001D - 101.67
2002 - 68.62
2003 - 95.93
2004 - 92.95
2005 - 62.85
2006 - 61.45
2007 - 56.31
2008 - 57.26
2009 - 60.40
2010 - 43.04

Commentary: The rise in price of silver beyond US$20 has created a price support for the 2007 to 2009 Silver Panda coins hence my forecast of these versions to fall below S$50 did not realise. However, due to the flooding of 2010 version by siriussportauctions has brought prices below S$45 mark. This seller has been selling up to 8 coins in capsules and 8 in slabs daily, causing nearly 360% jump in volume from August. (165 v.s. 36). Do note that the jump in price of the 2001D version was attributed to extremely high shipping cost of US$35 charged by eproductdistribution as his coins were the only ones sold for the month for 2001D version.
Pre-2000 version were thinly traded but should see higher volume as higher silver prices are likely to attract sellers to list them. 1995 version were seen to be listed at rather high prices as Buy It Now. Perhaps, more people are finally able to take notice of the 3 different varieties now.

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