PandaAmerica
makes market in certified Panda Coins
Martin
Weiss, President of PandaAmerica, considers the establishment
of a certified Panda market as the most important development
in Panda Gold Coins since their introduction in 1982.
As
the first distributor of Panda gold coins in the United States,
PandaAmerica has probably seen more gold panda coins than almost
anyone else. For more than two decades, PandaAmerica has offered
beautiful brilliant uncirculated coins, just as they received
them directly from the China Mint.
It is now
possible for collectors to assemble matched quality date sets
of certified gold Pandas. Out of the first group of 200 Panda
gold coins submitted (of various years) to one of the leading
certification services, 10% did not meet the minimum certified
grade requirement of MS-67
and only about 3% reached the
heights of perfection (MS-70). The other 85% were divided between
MS-67, 68 and 69.
A web page
www.pandaamerica.com/certifiedpandas
is now under construction, where collectors will be able to get
up-to-the-minute quotes, and place orders using credit cards.
PandaAmerica will also actively be seeking to buy certified Panda
gold coins. For now, prices and availability of different years
and certified grades can be obtained by calling (800) 4-PANDAS
or (310) 373-9647, or e-mailing info@pandaamerica.com.
The company's address is PandaAmerica, 3460 Torrance Blvd. Suite
100, Torrance, CA 90503.
Note
on Grading Terms
Perfect Mint
State (MS-70) is theoretical perfection. To achieve such a grade,
the planchet must have been perfectly formed, and have flawless,
lint-free surfaces. The dies must have been in new condition and
raised from unworn masters, and the dies must have had no lint,
dust, oil or other contaminants on their surfaces. The coining
press must have been perfectly adjusted to give a full strike
to the coin, which must have received no marks upon being ejected
from the press.
Superb Mint
State (MS-67, 68 and 69) coins will immediately catch the experienced
eye and will appear as perfect coins to many. They are distinguished
by their full (or very nearly full) strike, superb, virtually
flawless surfaces and superb luster. If there are any shortcomings
or detractions, they are not initially obvious, but will be discovered
only after extensive study under magnification. These are exceptional
pieces, rarely seen.
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Prepared by Mel Wacks