Pandas or Britannias?

[arphethean]

Intrigued:

What would you pay more for, all else being equal (i.e. mint condition 2020 standard)?

[ChrisF]

If you are talking about selling in bulk and a 2020 coin, people will go with a Britannia for multiple reasons, namely CGT and Brits are lower premium that Pandas.  Its a no brainer.  If you are talking about back issues then Pandas will command more of a premium if older than about 6 or 7 years.  If you have a tube of Pandas and a tube of Brits and sold them at the same price say at spot I dare say it would be a toss up between which one would sell first.  Sell them 4 or 5 quid over spot as an example then you will have more chance of selling the Pandas as they carry a slightly higher premium but you would struggle to sell the brits.  My numbers may be off slightly but you understand my reasoning hopefully.   

[arphethean]

Okay, let's clarify:

2020 Panda - £26

2020 Britannia - £26.

You can only buy one...?

[Agpanda]

Panda will have more premium, also they comes in capsules

[ChrisF]

If they were the same price and i could not find anything cheaper and I had to have some silver.  Panda's 😃 

[Blockhead]

Pandas. A chance - maybe a slim one - that I might get a little more when I come to sell on. 

[Chronix]

pandas no doubt about it. 

[StevenDS]

Panda's should have a higher resale value, so Panda. Also note Britannia's aren't very popular on Continental Europe. On CE it's mostly Maples and Philharmonikers.

[StackerCollector]

Britannias for me. They're CGT free

[BSquared]

No difference in the US, as either one is considered bullion.  That being said, even if they were the same price, I'd opt for Brits.  I understand some like to collect pandas due to their differing design but I won't support China with any of my money if possible.  My quirk, I know.

[silverin]

Pandas

[BJM]

Interesting question and responses!

I remain fairly green to silver stacking, but I personally lean toward the British Silver Britannia coins.  From what I understand, some quality control issues may exist with the Britannias (e.g., occasional dents, blemishes, etc.), but the premiums tend to be fairly low and this product comes from a reputable mint.  And though admittedly subjective, the stunning Philip Nathan image of Britannia on the reverse side deserves mention.

The annual change in design for the Chinese Silver Pandas keeps things interesting and the market for these continues to grow, but I do not feel fully comfortable with the switch in the series from 1 ounce to 30 grams (i.e., 0.9645 ounces) to match the metric system.  And while previous contributors to this discussion have cited the prospects of a higher return in the long term, the premiums for prospective buyers presently run a bit high compared to other options.  Plus, numismatic-based investing is too unfamiliar of a venture for me.  I would like to acquire some perhaps one day, but the high premiums and weight issue give me pause.

 

[BJM]

On 08/08/2020 at 14:39, arphethean said:

Okay, let's clarify:

2020 Panda - £26

2020 Britannia - £26.

You can only buy one...?

Ah, apologies for skipping this clarification!  

Although the weight issue with the Silver Pandas mentioned in my previous post still stands, the choice has now become more difficult.  I would keep, though less confidently, to my original choice: the Silver Britannia.  

[jasonpaulwatson]

Pandas just look nicer for me

[GoldandSilverUK]

Britannias, as UK resident they are CGT free. 

[Au79]

Britannia 1oz (31.1035g)

Panda 30g

It all depends on the size of your bullion portfolio. Suppose you are able to manage up to 10 gold coins, it makes more sense to own the extra 11.035g in weight. It makes even more sense to be capital tax free if you are residing in UK. Unless you are into semi-numismatic, the premium bought - premium sold above spot, with lesser liquidity than spot, Pandas are interesting collection. Finally, calculate both by the value per gram and you would have a fairer sense which is more suitable for your portfolio construction.

My penny worth.