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Why I avoid Panda's (And all other Chinese issues)

carew4mecarew4me Posts: 3,470 ✭✭✭✭
in Precious Metals
Very good fakes!
At some point a large stash will be discovered and confidence in Chinese issues will tank.

http://cgi.ebay.com/2008-1-oz-Silver-Chinese-Panda_W0QQitemZ170391508199QQcmdZViewItemQQptZCoins_Bullion?hash=item27ac2014e7

Loves me some shiny!

Comments

  • Coll3ctorColl3ctor Posts: 3,334 ✭✭✭
    What's to say they won't start reproducing any type of coin / round they want ? Looks like the fakes are going for a good price image
  • carew4mecarew4me Posts: 3,470 ✭✭✭✭
    Good point. Who can forget the perfect Morgan fakes?

    I would think other countries would get upset quicker than the China (if you even knew about it) if they found their own being faked.

    Personal choice, I love the panda's though.

    Anyone know who is making the JM gold bar fakes?


    Loves me some shiny!
  • gecko109gecko109 Posts: 8,231 ✭


    << <i>Very good fakes!
    At some point a large stash will be discovered and confidence in Chinese issues will tank.

    http://cgi.ebay.com/2008-1-oz-Silver-Chinese-Panda_W0QQitemZ170391508199QQcmdZViewItemQQptZCoins_Bullion?hash=item27ac2014e7 >>







    How is that a "very good" fake? It doesnt even have a denomination. Dont fear counterfeits, fear your own ignorance on the series!!!
  • AgBloxAgBlox Posts: 744 ✭✭


    << <i>Good point. Who can forget the perfect Morgan fakes?

    I would think other countries would get upset quicker than the China (if you even knew about it) if they found their own being faked.

    Personal choice, I love the panda's though.

    Anyone know who is making the JM gold bar fakes? >>



    I think they're called CMC or CNC machining or something like that. They make all types of small bullion pieces and fakes. They even copied one of Dcarr's coins.
  • zeebobzeebob Posts: 2,825 ✭
    I stick with the safer US coins.

    image
  • carew4mecarew4me Posts: 3,470 ✭✭✭✭
    Awwww..Panda boy take it personal.

    Even those educated in public schools would concede that the Panda issue would
    be the most vulnerable to large scale copies from the same country that copies everything else.

    But then again, didn't you bloviate in classic Freudian message board style that $5000 is a "bad weekend in Vegas" for you on a thread
    where a guy honestly ask about his 300 ounces ....setting off everyone's major league pr*ck alert?

    While you belittle, just remember that name calling is the security blanket of an argument lost.

    Loves me some shiny!
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    I bet there are some well made fake pandas that look identical to the real ones floating around.

    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • AgBloxAgBlox Posts: 744 ✭✭


    << <i>I bet there are some well made fake pandas that look identical to the real ones floating around. >>



    Not Unless they're made of .999 gold
  • gecko109gecko109 Posts: 8,231 ✭


    << <i>Awwww..Panda boy take it personal.

    Even those educated in public schools would concede that the Panda issue would
    be the most vulnerable to large scale copies from the same country that copies everything else.

    But then again, didn't you bloviate in classic Freudian message board style that $5000 is a "bad weekend in Vegas" for you on a thread
    where a guy honestly ask about his 300 ounces ....setting off everyone's major league pr*ck alert?

    While you belittle, just remember that name calling is the security blanket of an argument lost. >>





    image When did I call you a name? I simply said that you should fear your ignorance on the series, and NOT fear counterfeits. Allow me to help you with the meaning of ignorance. It is a word used to signify that you dont know something. Such as the panda coin series for instance. Its not name calling, its just fact. Anybody who knows anything about pandas knows that all genuine coins carry a denomination. Thats "panda 101". Speaking of "blankets" , your generalization/assesment of an entire series of coins is at the very least unfair.....especially since you know nothing about them it seems. As far as my "bad weekend in Vegas", that remark was to clearly demonstrate that things, particularly money/wealth, are very relative. A forumite asked if 300 ounces of silver was "alot". Thats like asking if $100 is "alot" to spend on a coin purchase. There is no definitive answer to that because of the myriad of perspectives each person has.
  • gecko109gecko109 Posts: 8,231 ✭
    image
    image
    image
    image
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    to each his own.....pandas don't do anything for me.
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • gecko109gecko109 Posts: 8,231 ✭


    << <i>to each his own.....pandas don't do anything for me. >>





    Hell of alot more interesting than eagles, maples, or K-rands whose designs are exactly the same from year to year. Add to that mintages often 1/10th that of the other major bullion coins, and also add to that a nation thats in the midst of an economic boom with 1 billion potential new collectors and you have a recepie for the world's number #1 bullion coin!
  • JsayreJsayre Posts: 227 ✭✭
    Reagardless of the team I am rooting, for seeing all those pandas is really neat! Also as said before knowledge is certainly key to buying foreign gold, What a let down it would be to know some of your prized collection is fake.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>to each his own.....pandas don't do anything for me. >>



    Maybe that's because you're not a 5 year old girl....




    I bought a gold panda for bullion using bing cashback. Showed it to my daughter (like I do many coins) and got an immediate and unprecedented reaction. One word, "MINE!!!"

    So I told her I'd buy her a silver one to play with. "OK daddy, the same just a different color." "Yes dear, just a little bigger."

    That was this morning so now I'm shopping for a silver panda. Hopefully they have some at the local B@M tomorrow.



    --Jerry
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    study up and avoid buying a fake one.

    I'm beginning to show an interest in kookaburras.......they look amazing!
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • garsmithgarsmith Posts: 5,894 ✭✭
    I think we need to start producing counterfeit Pandas and sell them on eBay, China
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    I'm currently in China and live here 5 months a year. I prefer these "one ounzers". MJ

    image
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭


    << <i>I'm currently in China and live here 5 months a year. I prefer these "one ounzers". MJ

    image >>



    Love the Lunar Series....image
    Becky
  • Norseman88Norseman88 Posts: 962


    << <i>image
    image
    image
    image >>



    wow, that's pretty maybe I should stack up all my green monster and yellow maple boxes along with a bunch of 90% Silver and take a picture of it to show off for everyone here.image
  • AgBloxAgBlox Posts: 744 ✭✭


    << <i>

    << <i>

    wow, that's pretty maybe I should stack up all my green monster and yellow maple boxes along with a bunch of 90% Silver and take a picture of it to show off for everyone here.image >>



    Please do image
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭

    wow, that's pretty maybe I should stack up all my green monster and yellow maple boxes along with a bunch of 90% Silver and take a picture of it to show off for everyone here.image >>



    That would be cool, I doubt anyone here suffers from silvergoldenvyimage

    I personally love to see stacks/stashes.............MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • gecko109gecko109 Posts: 8,231 ✭
    wow, that's pretty maybe I should stack up all my green monster and yellow maple boxes along with a bunch of 90% Silver and take a picture of it to show off for everyone here. >>



    Chip, meet shoulder.image


    P.S.- While you have the camera out, how bout a few pics of some seated dimes.
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Gecko,
    How good are you at recognizing fakes? --Jerry
  • gecko109gecko109 Posts: 8,231 ✭


    << <i>Gecko,
    How good are you at recognizing fakes? --Jerry >>




    Im just ok. 97% or more of the fakes for sale are easy to spot. But there have been a couple good foolers out there. But just as I would never buy a rare U.S. coin raw on ebay Jerry, the same applies to a rare panda bullion coin. Just a tiny bit of common sense goes a loooooong way in this hobby!
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    I think you're by far the most experienced panda guy here. I bought this one as bullion, not a rare date at all (I assume). Any comments? thanks. Jerry
    image
    image
  • trozautrozau Posts: 3,455 ✭✭✭
    Looks good, to me. Also, check the reeding. They should be diagonal instead of the regular vertical. image
    trozau (troy ounce gold)
  • gecko109gecko109 Posts: 8,231 ✭


    << <i>Looks good, to me. Also, check the reeding. They should be diagonal instead of the regular vertical. image >>






    I agree that the coin is good (other than those unfortunate hairlines). Trozau brings up an excellent point about the diagonal reeding. That begun with the 2003 issues I believe.
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Yep. Diagonal reeding. Thanks guys. --Jerry

    PS the unfortunate hairlines come with a bullion purchase. I will admit that I pic coins that I hope may show up as gradeable but on ebay I don't pay extra for them.

    PPS Don't miss the unfortunate brown spots on the rim at 3:00. They almost look like spots from a spark test.
  • zeebobzeebob Posts: 2,825 ✭
    notwilight,

    That's a nice piece! Congrats.

    I pieced together a set of the 2005's and 2006's then had NCG slab each year in a multiholder. It was a fun project. My daughter was born in 2005 (so she's four now) and she just loves the panda designs. She hasn't popped out with a "MINE" yet, but everything she sees a Panda she asks, "Can I have with that?"

    Bob
  • gecko109gecko109 Posts: 8,231 ✭


    << <i>Yep. Diagonal reeding. Thanks guys. --Jerry

    PS the unfortunate hairlines come with a bullion purchase. I will admit that I pic coins that I hope may show up as gradeable but on ebay I don't pay extra for them.

    PPS Don't miss the unfortunate brown spots on the rim at 3:00. They almost look like spots from a spark test. >>





    Those are just copper spots and are VERY common on earlier date gold pandas. Not as much of a problem post 1996 though.
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    BTW, this piece will be sold as bullion soon to raise some money for a project I have going so if anyone wants it for spot pricing (I'm thinking $1100 or so delivered) PM me. Not spamming, I'd just rather sell it to someone that wants it than a bullion dealer. --Jerry
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Notwilight- I bought that Panda 1oz. today 10-13-09 right?
    Avid collector of GSA's.
  • FountainheadFountainhead Posts: 956
    I love my silver pandas. My latest is a 5oz proof. Gorgeous! (Sorry I can't post my own pic - no camera.)image
    Salute the automobile: The greatest anti-pollution device in human history!
    (Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)
  • carew4mecarew4me Posts: 3,470 ✭✭✭✭
    Someone received via email from China:

    hello,do you have any interesting in the real graded panda coins?and i cant understand why your US there always sell Chinese gold panda coins so high,even if some has been graded,but still very high,and our China local gold coin market price condition is not very high...whatever,here's my personal collection link:


    Collection

    i would sell gold or silver coins,just let me know,hope can make friends with you,ok?

    image

    Loves me some shiny!
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    I just bought a 1oz silver Tiger on eBay for $10. Wonder if it is same dude? I pulled trigger before looking where it was coming from~image
    Avid collector of GSA's.
  • CaptHenwayCaptHenway Posts: 32,129 ✭✭✭✭✭


    << <i>I just bought a 1oz silver Tiger on eBay for $10. Wonder if it is same dude? I pulled trigger before looking where it was coming from~image >>



    That's too bad, man! Sorry to hear about your loss.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Oh well a lot better than the $1,200 I lost to PayPal!!!
    Avid collector of GSA's.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>Notwilight- I bought that Panda 1oz. today 10-13-09 right? >>



    Didn't see your post before. Yep, you got it. Enjoy!

    --Jerry
  • BNBAnalyticsBNBAnalytics Posts: 400
    That's the same reason I avoid them! Hey look at that image
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>Someone received via email from China:

    hello,do you have any interesting in the real graded panda coins?and i cant understand why your US there always sell Chinese gold panda coins so high,even if some has been graded,but still very high,and our China local gold coin market price condition is not very high...whatever,here's my personal collection link:


    Collection

    i would sell gold or silver coins,just let me know,hope can make friends with you,ok?

    image >>


    By the coffee mug instead. Maybe those kids are fake also..........MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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