Silver Stackers logo

Silver Stackers

Discussion forum for those
who love to stack precious metals

You are not logged in.

Announcement

Forum registration is open.

#1 2016-12-28 11:44:29

Gatito Bandito
Member
From: US
Registered: 2014-11-07
Posts: 2,378
Trades :   12 

What's up with medal mintages?

Are they overstating these things??


I find it hard to believe that something actually has a mintage of 10,000 physical medals, for example -- when I can't even find the thing!

And this would be for *recently*-issued medals, like within the past 1 to 3 years. Out of all the sellers out there, nobody ever has it, and nobody can ever find it.

Common sense would dictate that if they actually existed in these numbers, surely somebody at some point would be able to track one down, especially if they knew ahead of time that a buyer would be willing to pay up for it. I mean, who doesn't want to make a few extra easy $$??

Where is the supply?


I noticed something else: When the electronic market for this stuff came online, that's when I started noticing the mintages oftentimes jumping 10-fold.

For something that would probably usually have a mintage of "only" 3,000... Suddenly now has a mintage of *30,000*!

Do those extra 27,000 medals actually exist in a physical form? Something tells me "no."



Perhaps somebody with some concrete knowledge can tell me what's going on here with this stuff these days.

Because I'm not believing many of these mintages. Heck, it was bad enough a couple years ago when they were simply stating the max mintage -- when in reality, they probably weren't actually minting the full run of a couple thousand or whatever. But these days, it just seems like it became even way more silly.


And believe me, I'm not taking a dig at this stuff. I still love it. But I'm genuinely curious, because what's printed on the COA in terms of mintages, isn't being reflected in physical everyday reality.

Offline

The following user says thank you for this post: mmissinglink

#2 2016-12-28 12:11:45

andrewlee10
Member
From: Singapore
Registered: 2014-01-06
Posts: 1,985
Trades :   24 
Website

Re: What's up with medal mintages?

Hi you had missing in air for Long.

It is true 30,000, 60,000 or even 100,000 mintage. It had physicall minted for online platform.

You did experience getting the hand carved horses medal silver and brass which with sloppy quality. That the medal purely make for online platform.

http://m.ebay.com/itm/CHINA-2015-80-GRA … Ciid%253A8

This is another online platform item. Take a look of the coa no.

This seller selling it very expensive. In fact it cost less than 90 usd. Other eBay's sellers sell it around 100. 80 g .999 silver which suppose price at 160 to 250 minimum. However, the high mintage plus sloppy quality has pulled the price down significantly.

It is not everyone and even some able to buy the online platform item by few pieces or even 100 or 500 pieces to offer to physical market.

Sometimes you are able to see some online platform item in physical market are due to

1. The biggest buyers withdraw all his/her item from platform after losing money and cash out in physical market to recoup some cash rather keep loading money on online platform.

2. The listed or register items owner request to mint more item which 90 % for online platform listing and balance for physical market. This the reason you see more high mintage online item sell in eBay even it is newly listed on online platform. 

3. Some online items are stolen from the store and sell cheap in market.

There are more reasons. Many forums veteran do not publish and know about it at all. Some even blur and not tell the true even they aware about it. Therefore, must be more informative and beware while buying.

Buy what you like at affordable price. Low price does not means it will be good. Low mintage Low price be does not means it will appreciate sharply. Many factors lead to appreciating of value.

Filter all information of online media like forum, utube and so on. Seek second opinions rather than trusting of one sources of information. Go to wrong forums by newbies will fall into trap easily.

Take note I am a seller so my information might be bias too. Howver , I am collectors in many years which I did pay some expensive tuition fee too as when I am newbie regardless is western or china coins and medals.



You need to register an account with the platform and deposit in at least 1 Mio rmb or even more to buy and sell. No physical medal likely to withdraw.


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

The following user says thank you for this post: mmissinglink

#3 2016-12-28 12:29:13

Gatito Bandito
Member
From: US
Registered: 2014-11-07
Posts: 2,378
Trades :   12 

Re: What's up with medal mintages?

Thanks for the reply, Andrew.

I've still been here, but mostly lurking. Too lazy to log in. tongue



Simple question to clarify... big_smile


So when the COA says 30,000 mintage, for example, does that mean there are actually 30,000 physical medals out there?

Maybe most of them locked up in the exchange's vault or something?

Offline

#4 2016-12-28 13:25:20

barsenault
Member
From: South Carolina
Registered: 2013-05-26
Posts: 3,028
Trades :   13 
Website

Re: What's up with medal mintages?

I'm not a expert like Andy, but I do know the planned mintage may be 30,000, but the actual is a lot less.  Thems are the facts.  For example, the Lohan 1 has a planned mintage of 999 for the silver version.  You think there are 999 out there? No chance in H E double L.  No way!  Maybe 300 is what I've been told.  I'm sure that concept is true with these astronomical mintages of 30, 40 and 100 pieces.


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

#5 2016-12-28 13:26:08

barsenault
Member
From: South Carolina
Registered: 2013-05-26
Posts: 3,028
Trades :   13 
Website

Re: What's up with medal mintages?

What piece are you trying to hunt down.  You've piqued my curiosity. PM me. Lol.


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

#6 2016-12-28 14:20:48

mmissinglink
Member
From: Everywhere...simultaneously
Registered: 2012-09-30
Posts: 6,092
Trades :   19 

Re: What's up with medal mintages?

Maybe it's just me, but while I did appreciate some of the info Andy shared, I did not see or comprehend a direct answer to Gatito's question about the actual mintage....and it's a very good question.

Andy, if you could please say whether or not the proposed mintage numbers are the same as the actual mintage numbers in most cases? I know that at times some mints have produced COA's equaling the proposed mintage number yet the actual number of coins / medals minted doesn't match the COA / proposed mintage number. So, one could literally have a COA numbered 5,000 come with a coin of which no more than 2,500 were actually minted.

A COA number is often not a good determining factor on how many coins / medals were actually minted.

And if this is true for many Chinese medals, then is there a chart(s) which indicate actual mintage numbers of medals rather than proposed mintage numbers? If none exists, I think compiling such a list/chart/database would be a great service to the Chinese medal collecting market. There could even be money made for someone to compile such a database.....that person could charge a fee for access to that information. Now of course, anyone who compiles such a database would best be someone who can communicate fluently with the various mints in China because only they could know the actual mintages since they are the mints that produce these medals.

Andy....this could be a great opportunity for you to shine and make a little money providing such a service!  I cast a vote for Andy to compile the Chinese & Oriental Modern Medal Actual miNtage Database (a.k.a.  "COMMAND").   cool




.


In some ways, we are not that different

Offline

#7 2016-12-28 14:48:51

andrewlee10
Member
From: Singapore
Registered: 2014-01-06
Posts: 1,985
Trades :   24 
Website

Re: What's up with medal mintages?

majority of item mints for online platform are fully minted. Not to suspect the mintage 30k, 60k, 100k or even higher.

Missing, I has informed in the forum no china mint formally announce the actual mint of medal and coins. Only estimation and guessing job like peter Anthony book. The information is not fully complete from Gold panda from 1982 till 2016. This book is for panda only not even other china coins.

As medal always the sponsor has the information which many sponsors do not disclose it publicly except few of them. However, sponsor has conflict of interest in disclosures and might hide some information or even make use of disclose fake information. Thus , the trueness of the disclosure is in question and vary depend on the honesty of the sponsor. I always inform collectors trust the planned mintage in coa not other information if you are not sure of it.

Hope those information helpful.


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

The following user says thank you for this post: mmissinglink

#8 2016-12-28 14:51:37

andrewlee10
Member
From: Singapore
Registered: 2014-01-06
Posts: 1,985
Trades :   24 
Website

Re: What's up with medal mintages?

barsenault wrote:

I'm not a expert like Andy, but I do know the planned mintage may be 30,000, but the actual is a lot less.  Thems are the facts.  For example, the Lohan 1 has a planned mintage of 999 for the silver version.  You think there are 999 out there? No chance in H E double L.  No way!  Maybe 300 is what I've been told.  I'm sure that concept is true with these astronomical mintages of 30, 40 and 100 pieces.


Lohan is not online item which quoted by Gadito。

It is not fully minted but not less less than 300 as your good Friend told you.

Those 30k, 60 k and 100 k medal mint for online platform are fully minted most of time.


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

#9 2016-12-28 14:53:55

andrewlee10
Member
From: Singapore
Registered: 2014-01-06
Posts: 1,985
Trades :   24 
Website

Re: What's up with medal mintages?

Gatito Bandito wrote:

Thanks for the reply, Andrew.

I've still been here, but mostly lurking. Too lazy to log in. tongue



Simple question to clarify... big_smile


So when the COA says 30,000 mintage, for example, does that mean there are actually 30,000 physical medals out there?

Maybe most of them locked up in the exchange's vault or something?

Let me list down few online platform item which likely to fully mint tomorrow.

Majority of them look in store


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

#10 2016-12-29 00:08:03

mtforpar
Member
Registered: 2012-10-05
Posts: 299
Trades :   

Re: What's up with medal mintages?

I always liked that Lohan medal.  Very nice work IMHO.

Offline

#11 2016-12-29 01:59:36

andrewlee10
Member
From: Singapore
Registered: 2014-01-06
Posts: 1,985
Trades :   24 
Website

Re: What's up with medal mintages?

mtforpar wrote:

I always liked that Lohan medal.  Very nice work IMHO.

The sponsor will not likely to do the second of the series since he not making any money out of it.


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

#12 2016-12-29 02:46:48

Gatito Bandito
Member
From: US
Registered: 2014-11-07
Posts: 2,378
Trades :   12 

Re: What's up with medal mintages?

Maybe another sponsor could take over the series..        I know just the two guys for the job!
             \                                                                               \
14291_gordon_lohan_kirin.jpg

Offline

The following user says thank you for this post: mmissinglink

#13 2016-12-29 03:32:58

andrewlee10
Member
From: Singapore
Registered: 2014-01-06
Posts: 1,985
Trades :   24 
Website

Re: What's up with medal mintages?

Gatito Bandito wrote:

Maybe another sponsor could take over the series..        I know just the two guys for the job!
             \                                                                               \
http://forums.silverstackers.com/upload … _kirin.jpg

You can be the sponsor with my help. I am not doing it for sure.


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

#14 2016-12-29 05:28:50

perfulator
Member
Registered: 2015-11-06
Posts: 66
Trades :   

Re: What's up with medal mintages?

Gatito Bandito wrote:

Maybe another sponsor could take over the series..        I know just the two guys for the job!
             \                                                                               \
http://forums.silverstackers.com/upload … _kirin.jpg

Is this Bob and Andy? You got a good grading guys! Sure I at best would be graded Details lol

Offline

#15 2016-12-29 10:11:53

barsenault
Member
From: South Carolina
Registered: 2013-05-26
Posts: 3,028
Trades :   13 
Website

Re: What's up with medal mintages?

mtforpar wrote:

I always liked that Lohan medal.  Very nice work IMHO.

I like it too mt.  But apparently the Chinese don't like the Buddha assissin.  I guess it wasn't popular there or here.  I believe Thincat said something like 300 were sold, out of the 999, which compared to other low mintage medals, I think that is pretty good.  And I think that number would increase if they came out with the 2nd.  Maybe Gatito with deep pockets can motivate someone at the chinese mints to do number 2, which I think would be a hit (pardon the pun), if done correctly.


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

The following user says thank you for this post: mmissinglink

#16 2016-12-29 11:16:43

mmissinglink
Member
From: Everywhere...simultaneously
Registered: 2012-09-30
Posts: 6,092
Trades :   19 

Re: What's up with medal mintages?

I heard that Gatito's pockets are so deep that he can just purchase the mint outright!

If he does, he'd have all future medal designs contain nekid babies.      smile



.

Last edited by mmissinglink (2016-12-29 11:17:03)


In some ways, we are not that different

Offline

#17 2016-12-29 11:59:10

andrewlee10
Member
From: Singapore
Registered: 2014-01-06
Posts: 1,985
Trades :   24 
Website

Re: What's up with medal mintages?

mmissinglink wrote:

I heard that Gatito's pockets are so deep that he can just purchase the mint outright!

If he does, he'd have all future medal designs contain nekid babies.      smile



.

Let gadito starts the silver world heritage 4 and Lohan 2 before the buying decision.


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

#18 2016-12-29 13:29:25

barsenault
Member
From: South Carolina
Registered: 2013-05-26
Posts: 3,028
Trades :   13 
Website

Re: What's up with medal mintages?

Lol.  Right on Andy.  Gaaaaaaatito.  Yeah man, float the dollars for Lohan 2 and WH4 silver, and we are right behind you with open arms....hehehe


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

#19 2016-12-29 14:12:12

mmissinglink
Member
From: Everywhere...simultaneously
Registered: 2012-09-30
Posts: 6,092
Trades :   19 

Re: What's up with medal mintages?

Heck, before funding WH4 silver, fund the full silver mintages to WH 1-3.




.


In some ways, we are not that different

Offline

The following 2 users say thank you for this post: Gatito Bandito, andrewlee10

#20 2016-12-29 16:17:07

Gatito Bandito
Member
From: US
Registered: 2014-11-07
Posts: 2,378
Trades :   12 

Re: What's up with medal mintages?

Believe me, I'd be sponsoring a ton of awesome high-relief Chinese medals, in a heartbeat. cool


But unfortunately, I lost all my play-money on the electronic platform on all these fictitious "paper" medals. sad wink

Offline

#21 2016-12-29 17:36:37

mmissinglink
Member
From: Everywhere...simultaneously
Registered: 2012-09-30
Posts: 6,092
Trades :   19 

Re: What's up with medal mintages?

^  What?  Oy vey....tell me you didn't really play the electronic platform game.




.


In some ways, we are not that different

Offline

#22 2016-12-29 18:45:28

Gatito Bandito
Member
From: US
Registered: 2014-11-07
Posts: 2,378
Trades :   12 

Re: What's up with medal mintages?

We lost all our money, too!                     But we had way more fun doing it...
             \                                                                         \
14291_lohan_ngc.jpg



(No, mmissing... I don't actually have a million in fun-money to burn, LOL -- hence, the winky-face wink )

Offline

The following user says thank you for this post: mmissinglink

#23 2016-12-29 20:22:15

andrewlee10
Member
From: Singapore
Registered: 2014-01-06
Posts: 1,985
Trades :   24 
Website

Re: What's up with medal mintages?

Gatito Bandito wrote:

We lost all our money, too!                     But we had way more fun doing it...
             \                                                                         \
http://forums.silverstackers.com/upload … an_ngc.jpg



(No, mmissing... I don't actually have a million in fun-money to burn, LOL -- hence, the winky-face wink )

Let the Mio turn to bullion after the successful of sponsoring those items

Last edited by andrewlee10 (2016-12-29 20:24:39)


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

#24 2016-12-30 07:25:26

andrewlee10
Member
From: Singapore
Registered: 2014-01-06
Posts: 1,985
Trades :   24 
Website

Re: What's up with medal mintages?

All below are online items which is fully minted. After losing the in the online gamble tent. The owner withdraw from secure store and sell cheaply to physical market due to the unwanted and Low demand on it. They mint it by following the design of some famous Low mintage medal and change the size, quality and mintage in order to list online for gambling.

Those sell usd25 in china but some sell high price in eBay.

It is good to buy it from art perspective but not except the quality as good as those original.

12542_img_7466.jpg

12542_img_7467.jpg

12542_img_7460.jpg

12542_img_7462.jpg

Last edited by andrewlee10 (2016-12-30 07:31:25)


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

Offline

The following user says thank you for this post: mmissinglink

#25 2016-12-30 07:57:04

Stark
Silver Stacker
From: Europe
Registered: 2013-05-09
Posts: 1,810
Trades :   14 

Re: What's up with medal mintages?

@Andy, can you please provide me with some additional info about tiger medal? If I'm not wrong is part of the series that you and barsenault posted some pictures in the past?
http://forums.silverstackers.com/topic- … age-9.html
Edit: now I noticed that it doesn't have a year on it so it's probably different.

I would like to find the tiger from this series:
https://world.taobao.com/item/543678644 … 3e72b28810

@Gatito Bandito: just sponsor the 2nd in 4 Beauties (Xi-Shi) series!;)

Last edited by Stark (2016-12-30 08:05:07)


"Timid men prefer the calm of despotism to the tempestuous sea of Liberty".

Offline

Board footer

Powered by FluxBB