2015 Pandas

[Cointreau]

Maybe I should HAVE posted this in the conspiracy thread.

The new pandas to be denoted in grams and not in ounces.

That's different!

It will please Fluttershy who works in metric rather than imperial.

Myself,I don't care for it. But I will go with it anyhow.

[Shamatti]

Can't wait to get my hands on some.

 

Interesting but when I think of it not surprising. China are doing all they can to distance themselves from the ways of the west whilst at the same time trying to profit as much as they can from us. Wonder how they will sell?

[Cointreau]

'Wonder how they will sell?'

I think you know the answer to that already. Extremely well.

I will be looking to buy the 25 gram gold panda.

[Shamatti]

'Wonder how they will sell?'

I think you know the answer to that already. Extremely well.

I will be looking to buy the 25 gram gold panda.

 

 

Well you see it could go the other way. Coins that do not have their weight stamped on them could scare people off. Not the hard core collector, who know what is what and has a reputable source I doubt. But many buyers might just be concerned about buying them with no weight on.

 

They have not announced of the will be making the coins in metric grams (25, 50 etc) or if they will continue with the 31.1 grams and up. I guess you are betting on the former? Not sure how I feel about that to be honest. 25 grams is going to feel a little light to be honest, after the 1 ounce coins.

 

Will be interesting any way - and I will certainly be grabbing a handful when they are released.

 

I wonder if it will have an effect on the price of the 2014 coin, being the last one minted in the old weight and with the weight on it?

[Cointreau]

I see your point. Always nice to have the weight displayed on the coin.

[silversword]

If they are moving away from troy ounces then a 30g coin would be the most sensible metric weight, it would be almost the same size and is a nice round number.

[HelpingHands]

This is going to mess with some people's spreadsheets.

[BaldyBob]

New to this, and I am yet to see the appeal of the Panda, or why I should pay a premium for it.

No indication of weight or fineness will not help convince me.

[Shamatti]

This is going to mess with some people's spreadsheets.

 

And some peoples OCD! lol

[silversword]

This is going to mess with some people's spreadsheets.

I cannot believe anyone serious enough to have a spreadsheet doesn't already have a grams>oz conversion in it already

[Paul]

i wonder if the Australian Royal Perth Mint, plan to follow suit with time in a big way?  

Given their geographical nature to the far eastern markets, i would assume a good % of their gold ends up in Chinese hands

 

Just this year they have issued the roo koala and kook in 0.5g increments  

 

A move by china to a more transparent display of weight/quantity could be a big step for years to come 

Easier to work out prices in 1g 5g 10g 20g 50g or 100g increments (as per current values of bank notes, than proportionally breaking down a troy oz or smaller units 1/2 1/4 1/10 1/20 1/25 and now where we are seeing 1/40

 

Big picture, fast forward If the yuan ended being backed by gold.... who knows what those in the far east plan to do especially if they choose to release big style the billions of USD ($) treasuries they have