Author Topic: Signs of a Fake 2000 Frosted Panda  (Read 1741 times)

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Offline PandaNoob

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Signs of a Fake 2000 Frosted Panda
« on: September 20, 2015, 12:44:32 PM »
Hello,

I'm in the market for a 2000 Silver Panda BU, Frosted ring in OMP. There are a few out there on Ebay for example and I'm a little concerned at how good the counterfeits are and that I won't be able to spot something very subtle. Can anyone assist by listing the major points to look for in a counterfeit 2000?

I know there have been a lot of threads on this topic, but I was hoping for a quick summary by a forum regular.

Thanks

Offline Birdman

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Re: Signs of a Fake 2000 Frosted Panda
« Reply #1 on: September 20, 2015, 01:17:36 PM »
Hello,

I'm in the market for a 2000 Silver Panda BU, Frosted ring in OMP. There are a few out there on Ebay for example and I'm a little concerned at how good the counterfeits are and that I won't be able to spot something very subtle. Can anyone assist by listing the major points to look for in a counterfeit 2000?

I know there have been a lot of threads on this topic, but I was hoping for a quick summary by a forum regular.

Thanks

I would recommend buying an NGC certified coin from a reputable dealer.  Type the certification number into this website http://www.ngccoin.com/certlookup/ and click on the photos to enlarge them.  Look for any incipient white spots on the coin.  Then, click on the photo provided by the dealer and look at the surfaces in detail for any problems.

If you really want OMP, you need to be careful.  There are some really good fakes out there, especially for that year, and trying to save a few bucks and get a "deal" might only get you a good fake.  I would spend a few extra bucks and purchase from a reputable dealer.  Look for some of the tell-tale signs of the fakes (scroll down at http://www.pandacollector.com/rogue.html#2000 ).  When I was just starting out, I bought a convincing fake from a reputable dealer (admittedly, not a China coin specialist).  The dealer gave me a prompt refund.  The next coin show, however, that dealer was no longer carrying silver China pandas.  I asked why not and they said, "I am no longer confident telling the fakes from the genuine."  It is comments like that that make me recommend that you buy a certified coin if you are not experienced.  Or, buy from a specialist in Chinese coins who guarantees authenticity.

Good luck  :001_smile:

Offline Birdman

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Re: Signs of a Fake 2000 Frosted Panda
« Reply #2 on: September 20, 2015, 01:21:54 PM »
Sorry, better to scroll down from this link.  http://www.pandacollector.com/rogue.html#

Read about the black spots that indicate a fake.  The fake I had had these black spots where the plating was thin.

Offline PandaNoob

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Re: Signs of a Fake 2000 Frosted Panda
« Reply #3 on: September 20, 2015, 01:23:46 PM »
Thanks, I appreciate the advice. I really do want OMP and realize that I "deals" might not be possible in the more sought-after years. Personally, I have a bias against graded Pandas purely because of the chance for white spots to appear down the road and ruin the investment. From what I've head, most coins in OMP don't see the onset of white-spot issues. I'm not sure if that's entirely true, but I'm having fun collecting OMP and hoping for the best through proper storage.  

Offline Birdman

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Re: Signs of a Fake 2000 Frosted Panda
« Reply #4 on: September 20, 2015, 01:49:45 PM »
Thanks, I appreciate the advice. I really do want OMP and realize that I "deals" might not be possible in the more sought-after years. Personally, I have a bias against graded Pandas purely because of the chance for white spots to appear down the road and ruin the investment. From what I've head, most coins in OMP don't see the onset of white-spot issues. I'm not sure if that's entirely true, but I'm having fun collecting OMP and hoping for the best through proper storage. 

There are lots of opinions on white spots, and I'm not sure anyone knows for sure why and when they appear, although some individuals state very confidently that they know.  That uncertainty, in part, is what steered me towards getting into gold pandas.  They can sometimes have some hideous copper spots, but NCS treatment seems to easily handle that, unlike the white spots of death.  I have never had copper spots reform on an omp gold panda that I had conserved with NCS.  Of course, my oldest conserved gold coin is only about 4 years old, and I have been careful with my storage conditions (archival bags, desiccant, uniform temperature, etc.); who knows what might show up in the distant future.

I used to have some high value MS70 silver pandas (that I had sent in for grading myself), but I sold all of them and all of the silver panda MS69s.  One reason I did so (there were others, too), was because I didn't sleep well at night fearing that my $1500 silver panda might wake up the next day with white spots of death.  Perhaps others have methods for dealing with these issues effectively, or comforting themselves, but I've been sleeping better since I made the switch that fits my personality.  To each his own.  Collecting pleasure can come via many routes.

Offline PandaNoob

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Re: Signs of a Fake 2000 Frosted Panda
« Reply #5 on: September 20, 2015, 04:22:54 PM »
There are lots of opinions on white spots, and I'm not sure anyone knows for sure why and when they appear, although some individuals state very confidently that they know.  That uncertainty, in part, is what steered me towards getting into gold pandas.  They can sometimes have some hideous copper spots, but NCS treatment seems to easily handle that, unlike the white spots of death.  I have never had copper spots reform on an omp gold panda that I had conserved with NCS.  Of course, my oldest conserved gold coin is only about 4 years old, and I have been careful with my storage conditions (archival bags, desiccant, uniform temperature, etc.); who knows what might show up in the distant future.

I used to have some high value MS70 silver pandas (that I had sent in for grading myself), but I sold all of them and all of the silver panda MS69s.  One reason I did so (there were others, too), was because I didn't sleep well at night fearing that my $1500 silver panda might wake up the next day with white spots of death.  Perhaps others have methods for dealing with these issues effectively, or comforting themselves, but I've been sleeping better since I made the switch that fits my personality.  To each his own.  Collecting pleasure can come via many routes.

I agree with your sentiment and have personally been getting to gold pandas myself. My first one is in the mail this week. It's only a 1/10 Oz, but it's where I can get started at my budget! Thanks for the advice.

Cheers,
Tony