what did I just buy?

[Davids5104]

Just bought this off ebay. Paid 35 dollars for it which I feel good about if it is 5ounces of silver as it says, but why was it so cheap. best i can find in Krause is KM617 (50 Yuan)

 

http://www.ebay.com/itm/1994-Chinese-5oz-Pure-Silver-Panda-Coins-/111867261843?_trksid=p2047675.l2557&ssPageName=STRK%3AMEBIDX%3AIT&nma=true&si=UKz%252F04v2j6N1%252FSmPYyB8vkt1nYE%253D&orig_cvip=true&rt=nc

[KeyMan64]

It looks like it was relisted and the seller might not be honoring that price?

[AHFreak]

Just cause he relisted it doesn't mean he won't honor that price, he very well may just have multiples.

 

With that said, I'd be extremely wary of something like this. .. it's coming straight from China so I wouldn't be expecting much. Silver plated copper would be my guess.

[Davids5104]

says 5 ounces of 0.999. he hasnt cancelled the sale or anything, just wondering what i got. and if you search for the sales of this item it appears i paid more than the norm

[bsshog40]

I agree. First off, not a real panda coin of course. First thing I would do when I got it is cut the edge. At that price, you can't lose nothing.

[MJ]

If you receive the coin it won't be silver. That's my guess

 

Mark

[KMAG100]

Its a fake David, Sorry to tell you that, but you probably already figured that....this is what a real PF 5 OZ looks like

http://www.ebay.com/itm/like/111847195356?item=111847195356&lgeo=1&vectorid=229466&rmvSB=trueke

[AHFreak]

#1 rule for buying coins on Ebay. .... DO NOT BUY ANYTHING COIN-RELATED FROM CHINA. EVEN COINS FROM CHINA. IF SOMEONE IN ASIA IS SELLING COINS/PM's/Ipods/Nike/etc... TO BUYERS IN AMERICA. ... I GUARANTEE IT WILL BE FAKE, SO SET ANY EXPECTATIONS ACCORDINGLY.

[jerseycat10]

If you receive the coin it won't be silver. That's my guess

 

Mark

 

This.

[RWB]

The fakers removed "50 Yuan" from the junk so they could not be accused of counterfeiting a current coin....the penalty for which is sometimes death; or 20 years digging holes and filling them in if the perpetrator is lucky.

[braddick]

The jade he is offering is also fake, so I agree. You will receive a silver plated nickel medallion.

[johnny9434]

what a shame it is

[Davids5104]

i havent paid yet... i will just cancel order

[RWB]

Cancel, then call the PRC consulate nearest you and complain about fakes.

[Davids5104]

i cancelled, he accepted

[CaptHenway]

The fakers removed "50 Yuan" from the junk so they could not be accused of counterfeiting a current coin....the penalty for which is sometimes death; or 20 years digging holes and filling them in if the perpetrator is lucky.

 

This.