Eliminate coin fraud by buying “Certified” Panda Coins
Hello and Welcome to my Guide on eliminating the risk of buying Chinese Panda Coins online.
Reason I’m writing this guide is to educate our clients and the eBay community on how to protect from counterfeit Chinese Panda Coin Scams mainly from Chinese vendors, and also make people aware the benefits of buying certified graded coins.
No offence to my chinese counterparts, but there’s been a rash of “fake” Chinese Pandas hitting the US and European marketplace like never before.
Counterfeit coins in general hurts the hobby,dealers and investors alike including myself.
By writing this guide I’m hoping it will eliminate 99.9% of all Chinese Panda fraud here on eBay.
I’ve been dealing in coins full time since 1977; I’ve also sold tens of thousands of Chinese Pandas since 1982.
To give you an idea, a gem quality PCGS silver panda sells for about $80-100 and the NGC sells for $60-80 dollars.
What does that mean for you?
Your coin will not only be guaranteed authentic, but it will have a numismatic grade which in turns gives you great liquidity potential when it comes time to sell.
In a nutshell, it’s wise investment to either have your coins submitted or buy them already “certified as authentic by either NGC or PCGS.
Your other option is…. continue to buy “fake” coin not only you’ll lose your money, you’ll also lose that very coin you’ve worked very hard to save up for your collection.
My only question here is… Would you rather pay $1300 for a counterfeit Gold 1983 or buy one that’s been “certified” to be genuine for a couple hundred more?
After all it is your money isn’t it?
By buying “certified” you are guaranteed by the grading company that your coin authentic for both the metal content and condition of the coin, which is very important if you’re doing this for investment purposes.
Both services use a tamper proof sonically sealed plastic holder commonly referred as a”slab” to insure that the coin and grade are not tampered with.
I hope this helps eliminate this problem here on eBay, and helps all who read this.
written by eBay member: coinauctioneer
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[...] Hello and Welcome to my Guide on eliminating the risk of buying Chinese Panda Coins online. Reason I’m writing this guide is to educate our clients and the eBay community on how to protect from counterfeit Chinese Panda Coin Scams mainly from Chinese vendors, and also make people aware the benefits of buying certified graded coins. No offence to my chinese counterparts, but there’s been a rash of “fake” Chinese Pandas hitting the US and European marketplace like never before. Counterfeit coins in general hurts the hobby,dealers and investors alike including myself. By writing this guide I’m hoping it will eliminate 99.9% of all Chinese Panda fraud here on eBay. I’ve been dealing in coins full time since 1977; I’ve also sold tens of thousands of Chinese Pandas since 1982. To give you an idea, a gem quality PCGS silver panda sells for about $80-100 and the NGC sells for $60-80 dollars. What does that mean for you? Your coin will not only be guaranteed authentic, but it will have a numismatic grade which in turns… Read the Full Story [...]