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Old 01-17-2014, 09:48 AM   #1 (permalink)
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Default Panda Silver 1 OZ Coins

Hey guys, I'm very new to the silver coin game and want to make sure I'm not getting burned. There is a seller in China auctioning some of these from several years and they seem to be lower in price than most auctions. Is there a catch?

An example is Ebay # 171219304290.

Someone please let me know. Thanks!
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Old 01-17-2014, 10:06 AM   #2 (permalink)
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This coin sale makes me real nervous. There are fake Pandas in the market. I think you should contact a reputable seller, even if they cost a few more bucks.

This guy's feedback is 98.6% and that may just be because he is shipping from China, but I wouldn't buy it, not even with your money.
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Old 01-17-2014, 10:14 AM   #3 (permalink)
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Some of these 1 OZ Pandas are ending around $23 shipped, there's no way it can be legit right? If it's too good to be true....?
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Old 01-17-2014, 11:00 AM   #4 (permalink)
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Reputable places are pushing $30 for 2014s and APMEX is at $32.35 for 2013s.
Personally I would stay far away from that auction and that seller.
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Old 01-17-2014, 01:19 PM   #5 (permalink)
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China is the biggest manufacturer of fakes. I never buy from China sellers.
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Old 01-17-2014, 01:38 PM   #6 (permalink)
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DONT BUY PM'S ON EBAY!!!!! if you have to ask if they are legit, then you need to buy from someplace like Apmex. Also if a seller is from China, they would not be selling real Panda's. These are the most revered coins in China, they do not sell them, once they own them.
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Old 01-17-2014, 01:44 PM   #7 (permalink)
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Also that seller has negatives for fake silver. And a 2010 panda would sell for double the price that one did. Pm's are not like sportscards you won't find any steals on ebay (well unless you like buying tungsten)
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Old 01-17-2014, 03:23 PM   #8 (permalink)
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OK guys, thanks for heads up, you saved me big time! I made several low 20's bids on several of these and unfortunately won them all. Unfortunately I'll probably have to take a NPB strike for the first time, but I'm not getting stuck with fake silver!
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Old 01-17-2014, 04:56 PM   #9 (permalink)
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NO EBAY!!!!!!
I did get 2 more pandas for my set today
1990 and the 1991
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