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Watch Out! Panda's are Loose

p3skykingp3skyking Member Posts: 23,916 ✭✭✭
edited May 2006 in General Discussion
Fake ones that is. Had a fellow come in today with three gold Panda's. They were in the paper coin holder, properly marked 100 Yuan and dated 1988. Also the standard 1 OZ AU was there. Guess what? Only 26 grams!

They LOOK okay, but unless you know what you're doing or you have a scale, I would be real leery of messing with anything from China now, including the silver stuff.
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Comments

  • jc_crazyhorsejc_crazyhorse Member Posts: 1,083 ✭✭✭✭✭
    edited November -1
    Do you have a pawn shop?
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  • zipperzapzipperzap Member Posts: 25,057
    edited November -1
    Yeah - I've heard the Chinese are going gold hoard
    nuts! The Chinese are the top savers (wealth) in the
    world. I would imagine the world's supply of gold
    will be pretty much deleted just as soon as China's
    emerging 'middle class' emerges! We've already gotten
    a taste of what they've done to the oil market!

    We've underestimated them for too long - time to sit
    up and take note![8D]
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  • jc_crazyhorsejc_crazyhorse Member Posts: 1,083 ✭✭✭✭✭
    edited November -1
    Before gas it was lumber and concrete they were buying up.
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  • p3skykingp3skyking Member Posts: 23,916 ✭✭✭
    edited November -1
    quote:Originally posted by jc_crazyhorse
    Do you have a pawn shop?



    Yeah, been doing it since '92
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  • MosinNagantDiscipleMosinNagantDisciple Member Posts: 2,612
    edited November -1
    quote:Originally posted by zipperzap
    Yeah - I've heard the Chinese are going gold hoard
    nuts! The Chinese are the top savers (wealth) in the
    world. I would imagine the world's supply of gold
    will be pretty much deleted just as soon as China's
    emerging 'middle class' emerges! We've already gotten
    a taste of what they've done to the oil market!

    We've underestimated them for too long - time to sit
    up and take note![8D]


    Time to drop the bomb, in other words.
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  • zipperzapzipperzap Member Posts: 25,057
    edited November -1
    Yep - as many as we can spare[:D]
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  • kristovkristov Member Posts: 6,633
    edited November -1
    For those who believe that the Metric System is a tool of the devil and is being forced on the United States by the United Nations or NAFTA, there should be slightly over 31 grams to a Troy ounce (typical weight for presious metals). 26 grams is actually 2 grams below the equivalent number of grams in an Avoirdupois once (16 to the pound).
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