Contact the resolution center immediately and let them know that the product you purchased was not as described and not authentic. If you do end up making the mistake of buying fake silver on eBay do not worry. This way, in the future, if you do purchase silver Pandas that turn out to be counterfeit your previous purchases and feedback will help you seem like a legitimate buyer who is familiar with authentic silver coins and bullion. Make several silver purchases from trusted, established eBay sellers and leave positive feedback, and hope that the seller leaves positive feedback as well. If it's too good to be true it usually is. Be careful of auctions ending soon that are too low in price compared to other Pandas of the same year and quality this is a red flag. This convinces the potential buyer that they are getting in on a good deal and to act fast, when in fact, the previous bids could be from alternate eBay accounts already connected to the seller. Chinese sellers who do not specialize in coins and silver on eBay, and do not have any positive feedback related to Chinese Silver Pandas require extra caution.Ĭounterfeit sellers on eBay will usually have the silver Panda in question on a 7-day auction that already has several bids, trading at just around or slightly above the current spot price of silver. These sellers typically originate from China (and to a lesser extent Hong Kong). Make sure the seller uses an authentic photo. If none of the sellers' reviews are related to selling silver Pandas be cautious. Sellers of counterfeit silver Pandas sell many inexpensive trinkets and items to receive positive feedback and reviews to build credibility and rating. Check the eBay Sellers Products & FeedbackĬheck the eBays sellers' feedback, location, and other listings. Be sure to ask for a close-up picture of the silver coin if it is included in a green People's Bank of China box.Ībove is a video of a sheet of authentic Chinese Silver Pandas. If the seller is including a green box be cautious. This is a method to convince the purchaser that the product they are purchasing is authentic. Many eBay sellers pushing counterfeit silver Pandas include a green box issued by the People's Bank of China along with a certificate of authenticity with the coin in a plastic capsule sealed in plastic wrap. When sold individually they do not come in any extra packaging, aside from the plastic capsule. While most mints sell their coins in tubes, the Chinese Mint sells silver Pandas in sheets of 15 encapsulated coins. Counterfeit Silver Pandas Often Come with a Peoples Bank of China Case & Certificate of AuthenticityĪbove: A Peoples Bank of China coin case that came with the purchase of a counterfeit Silver Panda from eBay.īelow: A certificate of authenticity that came with the purchase of a counterfeit Silver Panda from eBay. However, as it stands, the plastic capsule is a good indicator for previous year silver Pandas, as a counterfeit silver Panda is too thick to fit in an authentic plastic capsule with three nibs.Ībove: A counterfeit 2013 Chinese Silver Panda purchased from eBay with no nibs.Ībove: An authentic 2020 Chinese Silver Panda in original capsules with no nibs. It is worth noting that this may not be a valid method with recent silver Pandas, as the 2020 Chinese Silver Pandas do not come with the three nib plastic case. When buying Silver Pandas on eBay make sure the seller has an actual image of the coin you are purchasing.Īn authentic 2015 Chinese Silver Panda in original capsule with three nibs above the white markings.Ĭounterfeit silver Pandas are thicker than authentic silver Pandas and as a result are encapsulated in plastic cases that do not have these three nibs. Check the Plastic Capsule for Three NibsĪn authentic 2018 Chinese Silver Panda in original capsule with three nibs above the white markings.Īuthentic Chinese Silver Pandas come encapsulated in cases from the Chinese Mint that have three nibs on one of the sides of the plastic coin capsules to give the coin a bit of space, so the face of the coin is not tightly pressed against the plastic. However, with Chinese Silver Pandas it is important to follow the guidelines below. When purchasing anything off eBay it's good to follow simple procedures to ensure you are buying from reliable sellers. While many of the fake silver Pandas are well produced and not easy to identify, this guide will help you to spot fake Chinese Silver Pandas on eBay and also how to determine if the Chinese Silver Panda you ordered is authentic when it arrives at your door. However, eBay has a problem with counterfeit Chinese Silver Pandas. Guide: How to Spot Fake Chinese Silver Pandas on eBayįor many of us who collect Chinese silver Pandas, turning to eBay to obtain previous years coins is a viable option.
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