3 piece 1987 panda set

[EJPBullion]

3 piece 1987 panda set 1/4...1/1o...1/20 Gold Coins
2000 max mintage
Very rare
Just the coins and boxes, no COA
Double sealed in capsules and original mint packaging.

How do I value this? I cant find any that have been sold or for sale for that matter.

Im also open to offers. Please dont offer me spot.

[danmc82]

I'll offer you below spot If you dont want spot

Why would you want to sell those lovely coins? How did you aquire them?

[EJPBullion]

I picked it up in the states from a seller i buy from.

[mr-dead]

mintage info here : https://www.pandaamerica.com/panda_coin.ASP

reference price info : http://www.apmex.com/search?q=1987 panda

 

 

 

[EJPBullion]

Thanks very Much MR Dead

[DavePanda]

I would argue against using APMEX to value these or indeed most coins, very expensive dealer IMHO.

[EJPBullion]

6 minutes ago, DavePanda said:

I would argue against using APMEX to value these or indeed most coins, very expensive dealer IMHO.

Agreed

[EJPBullion]

Davepanda would you like to have a go at a value?

[DavePanda]

I will, I wasnt going to, since I suspect that you wouldnt be that happy with the conclusions drawn, obviously this is my best attempt at a valuation, for clarity I have no intention of purchasing them.

 

I would value these coins about £570 give or take £30.

my reasoning is, although these in this form are limited, really what you have is 3 bullion coins, (possibly a little towards the proof quality strike admittedly) in a plastic seal with a presentation box, these coins are from a year that had very high mintages of these sizes and dont command much of a premium, there would be a very little collector base from my experience. 

Hence the bullion valuation, plus a little extra for the nice box and a little extra for the slightly higher quality strike, leads me to that valuation.

They remind me of what the Perth mint do, pop a coin in a box, make it all fancy, call it very limited in this form and expect a large premium.

I know this is probably not what you wanted to hear, it is only my opinion and I fully reserve the right to be completely wrong!

 

Cheers

Dave

 

 

[EJPBullion]

18 minutes ago, DavePanda said:

I will, I wasnt going to, since I suspect that you wouldnt be that happy with the conclusions drawn, obviously this is my best attempt at a valuation, for clarity I have no intention of purchasing them.

 

I would value these coins about £570 give or take £30.

my reasoning is, although these in this form are limited, really what you have is 3 bullion coins, (possibly a little towards the proof quality strike admittedly) in a plastic seal with a presentation box, these coins are from a year that had very high mintages of these sizes and dont command much of a premium, there would be a very little collector base from my experience. 

Hence the bullion valuation, plus a little extra for the nice box and a little extra for the slightly higher quality strike, leads me to that valuation.

They remind me of what the Perth mint do, pop a coin in a box, make it all fancy, call it very limited in this form and expect a large premium.

I know this is probably not what you wanted to hear, it is only my opinion and I fully reserve the right to be completely wrong!

 

Cheers

Dave

 

 

Thanks very much for your valuation Dave. I may float them on ebay see how things go  I was hoping for around £700 for them. Always the optimist  

[DavePanda]

My pleasure, I sincerely hope that you get your price.

Cheers

Dave