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Coins: World
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Panda Gold 1988 Proof Set - All coins NGC PF69
Very Impressive Set - LOW Mintage
| Start Price |
USD 2,600.00 |
| Current Price |
USD 2,600.00 |
| Time Left |
- |
| Bid Count |
0 |
| Buy It Now Price |
- |
| Reserve Price |
- |
| Start Time |
Thursday, July 03, 2008 |
| End Time |
Sunday, July 13, 2008 |
| Location |
Santa Fe Springs, California |
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See more about 'Panda Gold 1988 Proof Set - All coins NGC PF69'
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Description
jdr1jdr Store Panda Gold 1988 Proof Set - All coins NGC PF69 This coin set has been authenticated and graded by Numismatic Guaranty Corporation (NGC), which is the preferred grading service (based on populations reports) for Chinese panda coins. These coins are all graded PF69 and are beautiful with reflective fields and no visually apparent scratches, dings or frost breaks. NGC holder is brand new with no scratches. Panda coins have been a solid investment during the last couple of years. The positive price performance is attributed to increase in the price of precious metals and increase in the number of collectors participating in the market as demonstrated by increased numismatic value (premiums collectors are willing to pay above melt value) for the coins. Moving forward, the current supply and demand drivers continue to present a very compelling case for further solid performance during next 5-9 years for the following reasons: 1) Historical analysis of precious metals vs stocks reveals that bull markets typically average 18 years, which puts the top sometime around 2017.* 2) Number of collectors entering the market continues to expand as the Chinese urban middle class is expected to increase from 80 million household in 2005 to 200 million household by 2015.* 3) The real (inflation adjusted) disposable income of the Chinese urban middle class is expected to increase from 0.5 trillion Yuan in 2005 to 5.9 trillion Yuan by 2015.* * See the last picture for a graphical representation of the above three demand drivers 4) The availability of panda coins is extremely limited due to low mintage produced, many coins were melted during late 1990 as gold prices sank to 20 year lows and small fractional coins (1/20, 1/10, 1/4) were incorporated into jewelry. Based on just true mintage numbers, it would take only $4 billon US dollars to buy every gold panda coin minted from 1982 to 2008 at an average cost of $1,250 per ounce. Since $4 billon is a very tiny sum of money spread out across the entire world (panda coins are collected in China, US, Germany, Canada), one is compelled to believe that $1,250 average price is bound to go higher, since the mintage is fixed. I accept Paypal, Money Orders, Cashier Checks and Personal Check. PayPal users must be verified and use their confirmed address. If paying by personal check, please allow 7 days to clear. All coins under $1000 are shipped fully insured via Priority Insured Mail or Express Insured Mail. The shipping fee including insurance is a flat fee of $20. Coins $1,001 - $4,000 are shipped fully insured via Priority Insured Mail or Express Insured Mail. The shipping fee including insurance is a flat fee of $30. All International Shipping will be quoted upon request. Free shipping and insurance for additional lots won or purchased within a 3 day period. To get the free shipping and insurance on the additional lots, please pay for all your items with a single payment. Please contact me within 3 days of an auction close with your intentions on how you will be paying for the purchase. Payment is expected within 4 days of the auction close. Satisfaction Guaranteed - I offer a 3 day no questions asked return policy on all coins. Please ensure the coin and holder is returned in the identical condition as it was received. No refund of shipping and insurance will be given. I reserve the right to end an auction or store listing early. I'm Donny, the Panda Guy. In the last few years I've been an active buyer and seller of panda coins. My "Surf City" collections are some of the top rated panda registry sets on the NGC collector society site, including the only complete NGC / PCGS collection of proof and MS gold pandas in the world. Take a look here if you are interested: http://www.collectors-society.com/registry/coins/public_sets.aspx?CategoryID=47&sets=all You can buy from me with confidence. I offer a 3 day money back guarantee. I ship quickly and have earned great feedback as an eBay member. If you wish to view my feedback, please go here: View My Feedback If you have any questions about the coin or would like to negotiate pricing on a multiple lot purchase, please contact me via email napparatus@aol.com or phone 714-325-2021 or 562-941-2255. Bid with Confidence, I have a 100% positive feedback as both a buyer and seller. I am prompt to answer emails and phone calls and ship the same day as payment clears. Please visit my ebay store for other NGC/PCGS certified Chinese coins or email me directly with your want list
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