December Transacted Prices for Silver Panda

1989 45.85

1990L 36.58 1990S 78.79

1991L 105.60 1991S 100.58

1992L 72.43 1992S 109.79

1993L 45.03 1993S 89.94

1994L 67.87 1994S 65.42

1995L 61.08 1995S 48.59

1996L - 1996S 48.71

1997L - 1997S 45.16

1998L 65.34 1998S -

1999LP - 1999S - 1999LS -

2000F - 2000M -

2001 38.68 2001D 36.54

2002 45.67

2003 46.86

2004 42.82

2005 36.74

2006 39.56

2007 43.33

2008 40.71

2009 40.17

November Transacted Prices for Silver Panda

The 1989 version continued its climb from $40 in August to above $60. The 1992 Large Date version also leaped from $84 to $178, highest in 5 months. The 1996 Small Date version was also highest in 5 months with 50% increase from previous month. There were no 1999 version auctioned for the second successive month. Post-2000 version had fallen, notably the 2003 version continued its decline from $70 to $42 over 5 months. It is difficult to understand why 2003 and 2006 are asking higher prices given the same mintage.

However, the 2008 and 2009 version are making their way towards the $40 mark. Collectors seem to think that 2008 is the year China host the Olympics while 2009 is their 60th Anniversary. Do grab some if you able to get them cheap, especially for the 2008 as they are getting less transacted. There was a continual decline from August to November from 39 to 15, notably seller jim_teri did not have any transaction in November for the 2008 version. A similar trend is observed on 2009 version though not as scarce. The decline is from 111 to 49.

1989 62.24

1990L 51.06 1990S -

1991L 122.66 1991S 93.95

1992L 178.77 1992S -

1993L 73.34 1993S 85.66

1994L 102.61 1994S -

1995L 46.48 1995S 59.83

1996L 36.29 1996S 63.18

1997L - 1997S 50.18

1998L - 1998S 74.37

1999LP - 1999S - 1999LS -

2000F 132.82 2000M -

2001 39.99 2001D 42.71

2002 34.72

2003 42.81

2004 43.40

2005 34.14

2006 38.14

2007 34.51

2008 39.30

2009 37.46

October Transacted Prices for Silver Panda

The spike in precious metal prices last month have lured many sellers to part with their collections. With Gold hitting record high at US$1,066.00 on 13 Oct 09 as Silver struggle to pass US$18, it seems that either buyers are waiting out or sellers are out of stock. 1989 & 1990 are recovering with a 1992 Large Date that was sold extremely cheap. It would be good to grab a few post-2000 now to be released later as they rise.

But once again, Chinese fake coin makers are making collecting Chinese coins a dangerous game. Unscrupulous sellers continue to sell fake coins with real coin photographs and also the fake coins are made with such accuracy that one collector showed me photograph of a fake 2000 Mirror weighing 30.9g. I just didn't get a chance to measure the thickness of the coin. Somewhere has to give in physics.

In the coming months, I should have more time to post a fake 2003 that was so well struck that only the weight could tell the difference. Also, I would be adding some Chinese Fan Shaped Lunar Coins to this blog as well as the first of the Chinese Historical Figure Series of the Terra-cotta Armies. Stay tuned!

1989 55.35

1990L - 1990S 93.89

1991L 122.43 1991S -

1992L 83.89 1992S 120.96

1993L - 1993S -

1994L - 1994S -

1995L - 1995S 86.01

1996L - 1996S -

1997L - 1997S -

1998L - 1998S 90.44

1999LP - 1999S - 1999LS -

2000F 127.68 2000M 334.00

2001 40.82 2001D 49.04

2002 39.60

2003 56.26

2004 38.36

2005 40.27

2006 38.66

2007 39.03

2008 35.49

2009 36.87

September Transacted Prices for Silver Panda

General rise is price due to spike on gold prices. Even my supplies have raised prices to levels higher than what I sold my pandas for. But might be a good time to buy those expensive ones sold in US$ now.

1989 48.15

1990L 55.03 1990S 61.83

1991L 111.28 1991S 101.83

1992L 115.59 1992S 106.19

1993L 72.78 1993S 93.82

1994L 71.36 1994S 82.46

1995L 41.80 1995S 50.39

1996L 46.12 1996S 40.90

1997L 46.79 1997S 47.38

1998L 58.51 1998S 58.23

1999LP 72.54 1999S 83.85 1999LS 215.27

2000F 174.47 2000M 364.94

2001 43.09 2001D 48.48

2002 47.10

2003 55.43

2004 47.48

2005 39.25

2006 41.13

2007 41.71

2008 36.98

2009 38.61

August Transacted Prices for Silver Panda

August was a quiet month. Prices were seen dropping all across except for 2004 - 2009. Slabbed coins like 1999 Large Plain Date, 1999 Large Serif Date and 2000 Mirrored are in bold and their prices held up well. One reason was because a seller from China was giving fake offers. And maybe even fake coins. I was giving a second chance offer for a 2000 Frosted double sealed at US$69.69 but when I clicked to buy it, it says item is not available. I don't know what the seller is trying to do but he definitely had a hand in contributing to the fall in price though he's not the main culprit. From next month, I would exclude all transaction by sellers from China.

1989 40.12

1990L 51.45 1990S 54.54

1991L 99.63

1992L 126.98 1992S 82.44

1993L 77.92 1993S 78.99

1994L 59.76 1994S 76.41

1995L 42.53 1995S 35.33

1996L 43.40 1996S 32.84

1997L 50.21 1997S 43.26

1998L 1998S 56.80

1999LP 281.17 1999S 81.91 1999LS 338.85

2000F 117.49 2000M 359.97

2001 37.39 2001D 36.13

2002 38.07

2003 50.32

2004 39.98

2005 36.30

2006 42.99

2007 34.12

2008 34.13

2009 36.20

July Transacted Prices for Silver Proof Panda

This month saw 18 transactions for 1 oz Silver Proof Panda so I thought it would be good to put it up. Prices are in Singapore Dollars (Price done in ebay, Price inclusive of shipping)

1983 NGC PF69 Ultra Cameo ($1,364.35, $1,439.96)

1984 NGC PF69 Ultra Cameo ($636.80, $705.09)

1985 PCGS PR66 Deep Cameo ($868.12, $891.35)

1985 Encapsulated with COA and Box ($871, $907.29)

1985 Double Sealed ($1,039.74, $1,061.27)

1989 PCGS PR66 Deep Cameo ($74.03, $93.06)

1989 PCGS PR69 Deep Cameo ($106.86, $161.98)

1989 Double Sealed with Box ($125.88, $248.32)

1991 NGC PF69 Ultra Cameo ($185.89, $211.30)

1993 NGC PF69 Ultra Cameo ($208.32, $233.73)

1994 PCGS PR67 Deep Cameo ($352.98, $374.66)

1994 Encapsulated ($391.16, $398.42)

1995 Encapsulated ($384.98, unknown)

1995 PCGS PR68 Deep Cameo ($510.02, $518.73)

1995 PCGS PR69 Deep Cameo ($623.52, $646.84)

1996 NGC PF69 Ultra Cameo ($293.63, $302.37)

1996 Double Sealed with COA and Box ($258.75, $258.75)

1996 Double Sealed with COA ($290.44, $301.20)

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).

July Transacted Prices for Silver Panda

Another month has passed and this month saw a dealer/collector selling nearly 2 full sets of silver panda coins. For July, only the actual price would be posted. I did an averaging of shipping cost for the month, it came to about S$18 - 20. So here goes:

1989 44.55

1990L 53.01

1991L 125.64 1991S 163.45

1992L 139.36 1992S 137.43

1993L 105.97 1993S 96.61

1994L 113.58 1994S 101.57

1995L 61.06 1995S 51.58

1996L 53.68 1996S 37.74

1997L 56.46 1997S 51.13

1998L 81.54 1998S 71.24

1999LP 104.06 1999S 107.76

2000F 146.35 2000M 296.22

2001 38.26 2001D 50.42

2002 39.23

2003 58.54

2004 38.05

2005 36.15

2006 37.78

2007 33.38

2008 32.14

2009 33.26

Red - Price went down;

Green - Price went up.

Transacted Prices of Silver Panda

Year	Jun Ave Price	Jun Shipped Price
1989	49.99	69.90
1990L	55.97	71.96
1991S	143.99	152.99
1992L	86.06	99.19
1993	99.18	118.00
1994L	116.34	116.34
1995S	51.35	64.17
1995L	51.68	58.96
1996L	46.60	58.24
1997S	45.16	58.11
1998S	99.22	109.34
1999LP	72.06	84.07

2000	152.06	169.47
2001	37.76	69.49
2001D	56.40	58.81
2002	41.25	67.70
2003	70.64	88.04
2004	36.52	58.81
2005	34.89	60.87
2006	39.29	82.95
2007	32.46	42.12
2008	33.15	41.60
2009	34.22	46.72

The above are transacted prices worldwide during June 2009 in ebay. The prices are in Singapore Dollar (SGD) on 1 oz.t double sealed bullions except for 1992 and 1999, which are in capsule instead of double seal. L denotes Large Date, S denotes Small Date, LP - Large Plain, D - Domestic.