Afternoon everyone….
Obviously from the title you know that I’m going to show off a gold panda coin. But I’d like to explain.
When I first got back into stacking these were the coins that caught my eye. Well I had amassed a beautiful collection of graded MS70 one ounce silver pandas. I had the entire series which began in 1983.
They weren’t as popular as they are currently, but they were very hard to find in MS70 grade. A few of them I paid as much a some semi key date Morgan’s.
Well roughly four years ago or maybe five. I was adding the newly released panda MS70 to my collection. While I was there I looked at each coin.
That’s when I lost it….
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Nearly half of the coin had developed milk spots on them. This is now a commonly known fact. Silver panda coins are notorious for getting milk spots.
Well that was it for me. I lost so much money on them because of the milk spots. I sold every single one of them.
I no longer buy any silver pandas. But I do have a few gold pandas still. I even have a few graded gold pandas.
Here is one for you today…..
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The coin is beautiful! But the premiums are so high. I'll stick to US coins and gold Krugerrands, Maples, and Britannia.
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Well, I don't know much about coins. I only remember a time when I had a lot of silver coins that were given to me as souvenirs, and I sold them when I was in need. It happened many years ago... Which I regret today; they would have a good value now. Your coin is very pretty; what makes it special is the panda on it. I love pandas; I think that's why I got one tattooed on my back. The coin is beautiful; you're right to collect them.
Its a pretty coin!