Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 10,000+ forum members. 

Chinese Panda Coins - Are these illegal?

Recommended Posts

Hi all,

Peter Francis Auctioneers LTD offering this lot with the misleading description (IMHO):



"A collection of Chinese panda coins in fitted case, together with another cased set of panda coins, 1 Kg coin and a Westminster cupronickel Queen's Golden Jubilee coins in case. (3)

Coins are not sliver and they do come with certificates."


I contacted them to advise the coins are fake (which took me some time digging  to figure out by looking up info on real Pandas).  Because a buyer could end up bidding a lot of money for this lot - it doesn't seem right to me.  Especially the wording - it says they are Chinese panda coins - which as we all know are supposed to be silver or gold.  It's also misleading because the last part says they are not silver - but that sounds like it applies to the cupronickel coins which are also in the lot.

Question is - is this legal? Surely not - because 1) they are countefeit and 2) the descrtiption doesn't say they are conterfeit. 

I'm surprised if this is legal and disapointed because if I was the unlucky newbie winning the lot, I'd be straight down the police station to file a report...

Or am I wrong?

BTW, the 1kg fake is apparently from US$0.50 to US$0.80 each on Alibaba depending how many are ordered and the lot's estimate is for £hundreds!


2020-09-16 09_16_01-A collection of Chinese panda coins in fitted case, together with another cased .png

Link to post
Share on other sites

I don't know if it is illegal, but it is a terrible business practice. Perpetuating the sale of replicas/counterfeits should be a blow to their reputation, and unfortunately things like this deter people from panda collecting. At the very least they should specific these as medals instead of coins since they aren't the actual government-minted editions. 

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use