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How to Find Fake Chinese Silver Panda Coins on eBay

If you buy Chinese silver panda coins on eBay, you may be buying counterfeit coins. Many of the panda coins on eBay are fake. Almost half look suspicious.

Fake rare American coins are rarely encountered on eBay, but fake pandas are common.

I bought a counterfeit panda directly from China a few years ago and now I know what to look for in a counterfeit. If you know what to look for, it’s easy to find.

The counterfeit is so well made that China Mint vows to have a night shift and specially produce a counterfeit version of their own highly regarded silver coins. My coin was in a capsule, even a mint plastic envelope. They searched the world like the real thing.

I don’t know what caused it to be genuine, but I got wild hair, took the capsule out of the plastic pouch, and then took out the coin from the capsule.

The first thing I did was give it a ring test. Now balance the coins at your fingertips and tap the edge with the PaperMate pen. It should produce a high-pitched, persistent sound. I didn’t do this. I was thrilled.

I took out another panda coin that I knew was genuine and did a ring test. It rang comfortably. Then, when comparing the two coins, I noticed that the suspicious coin was probably 20% thicker than the actual version.

The final conviction test was to cut it in half with a hacksaw. The metal inside was dark gray with silver plating on it. I tried to contact a Chinese distributor but ignored the refund request.

Do you think China Mint produces not only genuine versions of panda coins, but also fake ones? Fake resembles real fake in every detail, except for one capsule that protects them.

Remember, did I say the fake panda is thicker than the real panda? In order for them to weigh the same amount and have the same outer box dimensions, there must be some extra space in the mint capsule for thicker coins. There!

You see, the real Chinese panda case has three small nibs on the capsule to support the thin coins. Fake coins don’t have these three little nibs. Want to know how many fakes are on eBay? Look for the three small nibs on the capsule.

If you are interested in silver panda coins with invisible nibs, contact the seller and ask them to check the coins with a ring test. Most of the time I get a response like “I know the coin is real. I’m not going to test it for you.” Or there is no answer at all.

I would like to buy coins, test them myself, and report to eBay if they turn out to be fake. Suddenly reality struck me. It’s a defeat. That is my word against the seller.

The seller can always claim that I have exchanged real coins for fake. That’s because they accuse eBay of selling counterfeit coins. Selling counterfeit coins on eBay is a strict violation of eBay’s policies and will again ban the sale on eBay.

You can’t stop selling counterfeit coins on eBay with one hand, but you can educate potential buyers to listen instead of bidding on counterfeit coins. You’ll rarely encounter counterfeit Morgans or Peace Dollars on eBay, but there are plenty of fake pandas on sale.

While taking out fake panda coins to take pictures, I also noticed that fake pandas do not age as well as those real pandas. For pictures of these coins that graphically show the difference between genuine and fake, please visit the following URL: http://heritagecoingallery.com/2014/07/20/are-you-aware-of-the-profusion-of-fake-1-oz-chinese-silver-panda-coins-on-ebay/

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