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 Replies: 10 / Views: 6,123 |
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Pillar of the Community
United States
589 Posts |
Has anyone noticed that the 2015 Chinese Panda does not have the silver purity stamped on its coin this year. What is the reason for this and should I hesitate buying some?
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Pillar of the Community
United States
2543 Posts |
That is because the Chinese mint is transitioning over to the metric system. They no longer will be designated in troy ounces. Next year they will be marked 31.1 (?) grams .999 Ag. Supposedly this will be the only year they will be unmarked. 2014, last year of troy ounces, 2015, only year unmarked, 2016, first year of metric designation. Who knows, these three coins could be a very collectible sub-set. Plus without the burden of weight and purity, it will be easier for the mint to make 8 mil genuine Pandas and the counterfieters to make 8 mil fake Pandas. Benefits both China's major industries.  |
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New Member
United States
6 Posts |
>>>>Plus without the burden of weight and purity, it will be easier for the mint to make 8 mil genuine Pandas and the counterfieters to make 8 mil fake Pandas. Benefits both China's major industries.
That's not true at all, they still have the yuan value on them and that what Chinese are scared of putting on counterfeits.
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Pillar of the Community
United States
5830 Posts |
Quote:
That's not true at all, they still have the yuan value on them and that what Chinese are scared of putting on counterfeits. Majority of the fake ones has the Yuan on it. Buy from reputable dealers, and with knowledge most can spot fakes. |
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Pillar of the Community
United States
2543 Posts |
Quote:
That's not true at all, they still have the yuan value on them and that what Chinese are scared of putting on counterfeits. Panda counterfeits are detected by counterfeit markers, just like any other fakes. The shape and spacing of the script, the coarseness of the Panda fur, the shape of the Panda's eyes, the roofline of the Temple of Heaven, the shape of the steps, among other things. Obviously, the less script on the coin, the less of a chance the inconsistencies in the script and numbers can be used as a counterfeit marker. The counterfeiters are hardly afraid of putting a yuan value on them, they all have the yuan value on them. Wouldn't be much of a counterfeit if it was missing the yuan designation. It would just be an easily spottable Panda silver round. |
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New Member
United States
6 Posts |
The fakes coming out of China don't have a face value. If they have a face value chances are they weren't made in China.
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Pillar of the Community
United States
2543 Posts |
Firstly, I was remiss before,  to the forum. Secondly, Quote:
The fakes coming out of China don't have a face value. If they have a face value chances are they weren't made in China. Source ? .......... Examples ? HERE is one, of many recent articles, by Heritage Coin Galleries on the in flux of counterfeit Pandas. Edited by denco7
01/28/2015 5:10 pm
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New Member
United States
6 Posts |
That link is a joke, using that logic if I sold one of my fake pandas on ebay that would be proof people in my country are making fakes...lol....He also goes on how he thinks the mint is behind the fakes. Why would people in China risk so much counterfeiting the Yuan when there are so many other coins they could counterfeit with way less risk to their freedom? They have caught people faking old Morgan's in China but I have yet to see any real proof that Panda's with a face value are being made in China. |
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Pillar of the Community
United States
2543 Posts |
Again, give me links, give something other than your insistence. I can point out at least five fakes that are currently being sold on ebay, all say coin is located in China, all have 10 yuan marked on them. Ok, the link is a joke, what are you basing that on ? The owner of the gallery said he bought the counterfeits directly from China, he is a liar, ok, what are you basing that on ? I can post 5 more articles on fake Pandas coming from China, ok the internet is " a joke " and everyone on it is "a liar". What are you basing that on ? Show me the article that says the fake Pandas are being made in Taiwan and Hong Kong, imported to China and then sold on alibaba and ebay in the U.S. Look, I hate the way that most in this forum use fake and chinese as interchangable words. And I am the first to call people out when everything and anything that doesn't look right is automatically "a Chinese Fake" Every country has counterfeiters and produces fakes. My initial comment was meant to be facetious, hence the emoticon. But this is an educational and informative forum, a depository of coin knowledge. If your total contribution is going to be an unsubstantiated " that article is a joke " and "that guy doesn't know what he is talking about ", "my country doesn't make fakes" well that is neither educational nor informative. Give me a source, give me an article that outlines what the Chinese gov't is doing to make sure that absolutely no fake Pandas are being made in China. Even if it is in Chinese, I will google translate  |
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New Member
United States
6 Posts |
Why would the burden of proof be on me? I'm not the one parroting something that isn't proven....My only claim is for legal reasons it would be very stupid to put the yuan value on the coin if counterfeiting it in China.....What we can also go by is what coins have been caught being made in China.
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Pillar of the Community
 United States
589 Posts |
My only reserve for purchasing this coin is if it doesn't say .999 silver or AU on it then what we will hear one day someone say "Of course its not .999,silver purity, does it say that on the coin".
I maybe stretching this a bit far but I am making a point here.
Also why does it take a whole year for China to prepare their mints to change over their printing to say grams instead of troy ounce.?
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Replies: 10 / Views: 6,123 |
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Posted 01/28/2015 01:35 am
