QUOTE(GoldChan @ Jun 2 2011, 10:53 AM)
in the early days, the mint will not be able to earn $ if the mintage is high as demand is not there. Thus, purposely mint very little to jack up the premium so that sufficient profit can be made. That how item become rare.
rare + slabbed (proven original) + long holding time (5-10yrs) = enormous price.
price will be 50% off if it is not slabbed.
Thus, there is incentive to get your coin slabbed especially if U have tons of panda 1 oz in 2007 and below.
GoldC
In the early days, actually premiums are pretty similar.
However, the low mintage pop is because silver was not so hot items then..........
Manyatimes you see mintage 10,000 bit actually sold only 5,000......the rest of unsold may have been
melted later for future minting
Added on June 2, 2011, 11:11 amCase in point
1 oz silver panda 1983 - pop - 10,000
1oz silver panda 2011- pop- 800,000
This post has been edited by prophetjul: Jun 2 2011, 11:11 AM