1987-Y (1/4 oz) Gold Chinese Pandas NGC MS68

I hope I am not violating any rules by linking a vendor's product but I think these are a real deal. I bought one!

http://www.apmex.com/Product/64019/1987_Y_1_4_oz_Gold_Chinese_Pandas___MS_68_NGC.aspx

 

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Being you have to pay with a credit card it would be around 460 after shipping. I love fractional Pandas but would like it more if it was in the original mint packaging.

 

I pay with personal check.

I'm curious why the original mint packaging would be more desirable than a slabbed and graded franctional panda.

 

Because its not a 70, so I would want it unopened, an unopened coin can always be graded but a graded coin can never go back in its original packaging.

 

To me a graded coin, even if it's not an MS70, is better than an ungraded one. A slabbed MS68 is a known quantity. You know a slabbed coin is not counterfit. These days the Chinese are counterfitting everything.

 

Everything you say, Jim. Even slabs. That's right. They counterfeit slabs.

 

What you say is true.

But a slabbed coin has a serial number. NGC and PCGS will show a photo of that slabbed coin by serial number. Even that is not 100% fool proof but it is an extra measure of reassurance.

 

I wouldn't be paying $400 plus if I couldn't tell a real from a fake, if it's made from real gold would be the only way to get that coin past me and I'm pretty sure that coin isn't worth faking with real gold. I would guess the numismatic value would have to be worth twice as much as melt to be worth faking and counterfeiting Chines money in China would be pretty stupid, there's a much better chance of getting a counterfeited AGE or ML out of china.

 

APMEX are not selling fake coins- it just does not happen

 

please delete

 

I agree. APMEX is as solid and honest as there is. I feel 100% safe with APMEX.

At some point I may re-sell. When re-selling, I feel a slabbed coin has more appeal and easier to sell. That was my point.

 

I wouldn't trust a coin to be real just because it's in an NGC slab.
And for bullion coins, unless they're MS70, there's no point in leaving them in the slab. It's actually a hindrance because you cannot weigh the coin.

 

Surely someone has broken coins out of the slab and weighed the slab? Although, I guess counterfeiters could hide extra weight in the slab to make the weight balance.

 

I think you are worrying about the wrong thing. There are many things to concern yourself with when dealing with coins but fake coins in NGC slabs is not on e of them. Can you link me one example of a fake in an NGC slab?

 

^^^You can look at the NGC website about fakes. They're out there. I'll link you if you really can't find it yourself.

 

link me up on that

 

http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=954

http://coins.about.com/od/coingrading/ig/Fake-PCGS-Slab-Diagnostics/

http://www.pcgs.com/Articles/Detail/5286

 

nope- we were talking about legit holders with fake coins

 

still no fake coins in real slabs. Here is what I said "Can you link me one example of a fake in an NGC slab" nothing about fake slabs

 

We were talking about slabs too.

The 1884 S Morgan Superfake has fooled all grading company's.