October Transacted Prices for Gold Panda

The prices speak for themselves as spot price hit a high on 13 Oct. Notably, the 1982 fell 22% from August price of more than $3,200 to below $2,500. It could be due to the widespread of counterfeit coins that moved buyer away from non-slabbed 1982. The PCGS MS68 had a 'Best Offer' transaction of nearly $4,400 shipped.

1982 - $2,496.14

1983 -

1984 - $1,643.12

1985 - $1,617.27

1986 - $1,692.06

1987P - $1,833.30

1987Y - $1,611.67

1988 - $1,672.50

1990 - $1,683.50

1992 - $1,692.14

1994 - $1,748.34

1996 - $1,691.74

1998 -

2000 - $1,618.60

2001 - $1,614.79

2002 - $1,614.79

2003 - $1,871.07

2005 - $1,554.74

2006 - $1,589.72

2007 -

2008 - $1,655.70

2009 - $1,622.14

Record Gold Price

3 November: New York closed at US$1,088.50 while silver continues to languish below US$18.

4 November set a new high above US$1,090 fueled by Indian Central Bank's buying of 200 tonnes of gold from IMF at around US$1,045.

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 Gold Panda

1982 - $2,511.36

1983 - $1,748.75

1984 - $1,557.30

1985 - $1,573.19

1986 - $1,535.39

1987S - $1,592.94

1990 - $1,667.97

1992 - $1,440.37

1994 - $1,718.02

1998 - $1,827.44

2000 - $1,601.89

2001 - $1,633.88

2002 - $1,707.05

2003 - $1,601.89

2006 - $1,609.42

2007 - $1,587.49

2008 - $1,559.10

2009 - $1,498.27

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 Gold Panda

Gold Panda also had general fall in price. However, it still managed to get some key dates like 1995 out in the market. 2008 was transacted below with Lot of 10.

1982 - $3,215.25

1983 - $1,843.91 vs Jun 09

1984 - $1,451.91

1986 - $1,459.31

1988 - $1,463.80

1989 - $2,029.24 (NGC MS69)

1991 - $1,487.77

1992 - $2,028.88

1994 - $1,513.57

1995 - $2,597.31 (NGC MS69)

1996 - $1,908.90 (NGC MS69)

1997 - $1,566.26

1998 - $1,695.36

2000 - $1,429.54

2004 - $1,585.80

2005 - $1,506.08

2008 - $1,187.23

2009 - $1,722.88

Transactions for 1982 is worth a mention. MS67 was transacted higher than AU58 by more than $600 at $3,051.38. Still, the slab is worth buying since it has been authenticated. For 1982, authentication is important as it does not have face value.

On the other hand, 1983 slab was transacted higher than sealed. PCGS MS69 was higher than NGC MS69 by nearly $500.

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