Happypanda88

What are we bidding for ?  Asking for a friend.

What are we bidding for ?  Asking for a friend.

What are we bidding for ?  Asking for a friend.

As opposed to the Western Free market.

These 1976 Olympics commemorative sets are very nice but were so unloved by collectors even though they are .925 silver.  I started noticing them in 2016 and have picked them a few sets and individual Coins in proof and BU for around spot.  From my spreadsheet, I picked up 23 coins or 26.6 oz (ASW) over a two year period for a princely sum of £331 or £12.44/oz. So unless they are more sought-after on the current market, my guess is that they will still sell for around spot price.

I collect Pandas. Are you looking to offload them ? 
If you're willing to sell them for a little over the spot price then I can take them off you  😬

Forget about paper gold, take advice from Olivia.

petal_20240414_201136.mp4    

Forget about paper gold, take advice from Olivia.

petal_20240414_201136.mp4    

Forget about paper gold, take advice from Olivia.

petal_20240414_201136.mp4    

Forget about paper gold, take advice from Olivia.

petal_20240414_201136.mp4    

Now that’s a nice collection of Kiwi Silver Proofs…  
 

Who collects pandas 🐼 here on the forum? Tag them into this. Not milked, perfect. 😍 
But with only 6.25ozs I bought it cos’ I love the box! Bling 🤑 

Some background information for those who still believe that there is gold in Fort Knox.

  1.   No audit has been performed at Fort Knox since 1950s. Some in the bullion industry have highlighted this and are highly sceptical that there is real stuff in the vault

  2.   Gold (400oz bars) shipped to Hong Kong, believed to have originated from the US were filled with tungsten. It was uncovered when assaying was performed and it broke the drill
 
Rob Kirby, one of my favourite market analyst who sadly passed away wrote about item #2 some years ago.
http://www.marketoracle.co.uk/Article14996.html
........ reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report. When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”. 
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].  This was apparently all highly orchestrated by an extremely well financed criminal operation. Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes].  Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.  I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.

Some background information for those who still believe that there is gold in Fort Knox.

  1.   No audit has been performed at Fort Knox since 1950s. Some in the bullion industry have highlighted this and are highly sceptical that there is real stuff in the vault

  2.   Gold (400oz bars) shipped to Hong Kong, believed to have originated from the US were filled with tungsten. It was uncovered when assaying was performed and it broke the drill
 
Rob Kirby, one of my favourite market analyst who sadly passed away wrote about item #2 some years ago.
http://www.marketoracle.co.uk/Article14996.html
........ reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report. When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”. 
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].  This was apparently all highly orchestrated by an extremely well financed criminal operation. Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes].  Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.  I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.

Some background information for those who still believe that there is gold in Fort Knox.

  1.   No audit has been performed at Fort Knox since 1950s. Some in the bullion industry have highlighted this and are highly sceptical that there is real stuff in the vault

  2.   Gold (400oz bars) shipped to Hong Kong, believed to have originated from the US were filled with tungsten. It was uncovered when assaying was performed and it broke the drill
 
Rob Kirby, one of my favourite market analyst who sadly passed away wrote about item #2 some years ago.
http://www.marketoracle.co.uk/Article14996.html
........ reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report. When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”. 
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].  This was apparently all highly orchestrated by an extremely well financed criminal operation. Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes].  Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.  I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.

Some background information for those who still believe that there is gold in Fort Knox.

  1.   No audit has been performed at Fort Knox since 1950s. Some in the bullion industry have highlighted this and are highly sceptical that there is real stuff in the vault

  2.   Gold (400oz bars) shipped to Hong Kong, believed to have originated from the US were filled with tungsten. It was uncovered when assaying was performed and it broke the drill
 
Rob Kirby, one of my favourite market analyst who sadly passed away wrote about item #2 some years ago.
http://www.marketoracle.co.uk/Article14996.html
........ reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report. When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”. 
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].  This was apparently all highly orchestrated by an extremely well financed criminal operation. Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes].  Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.  I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.

Some background information for those who still believe that there is gold in Fort Knox.

  1.   No audit has been performed at Fort Knox since 1950s. Some in the bullion industry have highlighted this and are highly sceptical that there is real stuff in the vault

  2.   Gold (400oz bars) shipped to Hong Kong, believed to have originated from the US were filled with tungsten. It was uncovered when assaying was performed and it broke the drill
 
Rob Kirby, one of my favourite market analyst who sadly passed away wrote about item #2 some years ago.
http://www.marketoracle.co.uk/Article14996.html
........ reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report. When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”. 
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].  This was apparently all highly orchestrated by an extremely well financed criminal operation. Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes].  Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.  I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.

Some background information for those who still believe that there is gold in Fort Knox.

  1.   No audit has been performed at Fort Knox since 1950s. Some in the bullion industry have highlighted this and are highly sceptical that there is real stuff in the vault

  2.   Gold (400oz bars) shipped to Hong Kong, believed to have originated from the US were filled with tungsten. It was uncovered when assaying was performed and it broke the drill
 
Rob Kirby, one of my favourite market analyst who sadly passed away wrote about item #2 some years ago.
http://www.marketoracle.co.uk/Article14996.html
........ reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report. When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”. 
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].  This was apparently all highly orchestrated by an extremely well financed criminal operation. Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes].  Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.  I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.

Some background information for those who still believe that there is gold in Fort Knox.

  1.   No audit has been performed at Fort Knox since 1950s. Some in the bullion industry have highlighted this and are highly sceptical that there is real stuff in the vault

  2.   Gold (400oz bars) shipped to Hong Kong, believed to have originated from the US were filled with tungsten. It was uncovered when assaying was performed and it broke the drill
 
Rob Kirby, one of my favourite market analyst who sadly passed away wrote about item #2 some years ago.
http://www.marketoracle.co.uk/Article14996.html
........ reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report. When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”. 
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].  This was apparently all highly orchestrated by an extremely well financed criminal operation. Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes].  Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.  I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.

Some background information for those who still believe that there is gold in Fort Knox.

  1.   No audit has been performed at Fort Knox since 1950s. Some in the bullion industry have highlighted this and are highly sceptical that there is real stuff in the vault

  2.   Gold (400oz bars) shipped to Hong Kong, believed to have originated from the US were filled with tungsten. It was uncovered when assaying was performed and it broke the drill
 
Rob Kirby, one of my favourite market analyst who sadly passed away wrote about item #2 some years ago.
http://www.marketoracle.co.uk/Article14996.html
........ reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report. When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”. 
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].  This was apparently all highly orchestrated by an extremely well financed criminal operation. Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes].  Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.  I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.

Some background information for those who still believe that there is gold in Fort Knox.

  1.   No audit has been performed at Fort Knox since 1950s. Some in the bullion industry have highlighted this and are highly sceptical that there is real stuff in the vault

  2.   Gold (400oz bars) shipped to Hong Kong, believed to have originated from the US were filled with tungsten. It was uncovered when assaying was performed and it broke the drill
 
Rob Kirby, one of my favourite market analyst who sadly passed away wrote about item #2 some years ago.
http://www.marketoracle.co.uk/Article14996.html
........ reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report. When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”. 
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].  This was apparently all highly orchestrated by an extremely well financed criminal operation. Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes].  Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.  I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.

A couple of fake 2013 1oz silver pandas came up for sale on the forum earlier in the year. To my surprise, no one had spotted them. The sale post received an couple of likes from members and it had already marked as 'Complete' (sold) by the time I saw it.
I did PM the seller and was informed he had bought them on the forum a few months earlier !! 
See if they look obvious to you.