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Am I Missing Something Here?

Is this a counterfeit coin? I don't know why someone would sell an ounce of gold for such a low figure...
http://cgi.ebay.com/1986-Chinese-1-oz-GOLD-PANDA-COIN-/110653865457?pt=LH_DefaultDomain_0&hash=item19c37bfdf1#ht_500wt_1156
http://cgi.ebay.com/1986-Chinese-1-oz-GOLD-PANDA-COIN-/110653865457?pt=LH_DefaultDomain_0&hash=item19c37bfdf1#ht_500wt_1156
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DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
same seller has sold many different years
this 1997 for only $61