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<p>[QUOTE="Gam3rBlake, post: 5218692, member: 115909"]I think most people buy them because they think pandas are cute.</p><p><br /></p><p>I also understand as “collectibles” they’ll sell for more than 1 troy oz of bullion silver.</p><p><br /></p><p>That’s not what I have a problem with though. I have a problem with the Chinese Mint (and Chinese government by definition) is advertising them as 1 full troy oz when they are not.</p><p><br /></p><p>My guess is only the very best struck pandas minted under ideal conditions ends up containing 1 full troy oz. But unlike every other nation they don’t add a tiny bit extra to ensure that what the government is saying is no less than 1 full troy oz is not a grain less.</p><p><br /></p><p>Yes it costs all these governments extra money to buy the extra silver to make that guarantee but if all the other nations are doing it so should China. </p><p><br /></p><p>That’s just what is required when authenticating precious metals as a national mint. This isn’t some small time unknown bullion dealer.</p><p><br /></p><p>But as I said I think this is deliberate due to how much money it saves them on silver.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 5218692, member: 115909"]I think most people buy them because they think pandas are cute. I also understand as “collectibles” they’ll sell for more than 1 troy oz of bullion silver. That’s not what I have a problem with though. I have a problem with the Chinese Mint (and Chinese government by definition) is advertising them as 1 full troy oz when they are not. My guess is only the very best struck pandas minted under ideal conditions ends up containing 1 full troy oz. But unlike every other nation they don’t add a tiny bit extra to ensure that what the government is saying is no less than 1 full troy oz is not a grain less. Yes it costs all these governments extra money to buy the extra silver to make that guarantee but if all the other nations are doing it so should China. That’s just what is required when authenticating precious metals as a national mint. This isn’t some small time unknown bullion dealer. But as I said I think this is deliberate due to how much money it saves them on silver.[/QUOTE]
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