1989 1oz Silver China Hong Kong Panda NGC PF69

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1989 1oz Silver China (Chinese) Hong Kong Show Panda NGC PF69 Planned Estimated NGC Population (05/09) Mintage Mintage PF68 PF69 PF70 1,500 1,500 6 10 0 Very rare for silver Hong Kong Show panda coin. The coin has been authenticated and graded by Numismatic Guaranty Corporation (NGC), which is the preferred grading service (based on populations reports) for Chinese panda coins. The coin is graded PF69 and is beautiful with reflective fields and has no visually apparent scratches, dings, toning 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 households in 2005 to 200 million households by 2015. 3) The real (inflation adjusted) annual 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. 4) The availability of panda coins is extremely limited due to low mintage produced, many coins were melted during late 1990 as precious metal 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. SPECIAL TO "BUY IT NOW" CUSTOMERS: eBay, Paypal and Microsoft Live Search are teaming up to offer eBay buyers cash back on their purchases. To earn cashback on this item, click . Type "Wii" without the quotes in the search box and hit Enter. Click the ebay link within the "Sponsored sites" shaded box and you will be taken to eBay. Search on eBay and look for this particular listing by using keywords or item number. To receive cash back, you must see the Microsoft cashback logo after you have clicked "Buy It Now >” buttom, but before you commit to the purchase. In addition, once you commit to buy, the The seller is neither offering nor guaranteeing cash back. The cash back deal is between the you and Microsoft and will be credited to your paypal account roughly 60 days after the completion of the purchase. Microsoft has been cycling the Live Search cashback percentage between 8% and 30% ($200 Max); your actual cash back will depend on the cashback percentage in effect at the time of your search and will be clearly specificed before you commit to make the purchase. Please note that "Make Offer >" is NOT eligible for cashback. Please review the terms and conditions of this offer using the links below, if you have any questions feel free to contact me at or . See conditions: /help/buy/cashback.html /cashbackoffer/terms.html /cashback/howToUse /cashback/faq I accept Payp... read more

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