Demand For The Philadelphia ANA Panda Medal Exceeds Expectations
When the doors opened for the ANA World's Fair of Money on Tuesday, August 7th at 10:00am, eager collectors raced to the ANA Panda Show Medal booth to purchase the first Official ANA Panda show medal for an ANA show since 1989. Within minutes, the ANA Show Medal booth was surrounded by dealers and collectors, with the line growing to 40 people at one point. A steady stream of collectors and dealers purchased the 1-ounce and 5-ounce silver medals. Hundred of attendees signed up for the lottery for the opportunity to purchase the prized 5-ounce gold medal, of which only 19 were made available. By noon the second day of the ANA show, the allotment of medals offered at special discounted prices to attendees was sold out. 1,500 1-ounce silver and 300 5-ounce silver ANA Panda medals sold in less than a day and a half. Simultaneous sales at ANAShowMedal.com were brisk as orders from around the world were received and remained steady even a week later. The 19 5-ounce gold medals also sold out to those lucky few show attendees that participated in the lottery drawing that was held Thursday during the show. Several were traded later during the show for over $26,000 USD. The 1-ounce and 5-ounce silver medals were also trading for significant premiums at the show and online. Additionally, the entire dealer allotment for American distribution has already been sold and over subscribed. This will make for a healthy after-market for these low mintage medals. The newest ANA Panda show medal was a tremendous success and one of the highlights of the ANA's World's Fair of Money in Philadelphia.
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