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American Silver Eagles vs Silver Chinese Pandas

 
Anonymous Coward
User ID: 23654394
United States
09/16/2012 02:11 AM
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American Silver Eagles vs Silver Chinese Pandas
Which do you guys prefer to stack? Yes the pandas cost heck of a lot more but since it is now legal tender in china, do you guys think we should be stacking silver pandas since the yuan will eventually be the reserve currency backed by metals?
Anonymous Coward
User ID: 23866225
United States
09/16/2012 02:38 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
Which do you guys prefer to stack? Yes the pandas cost heck of a lot more but since it is now legal tender in china, do you guys think we should be stacking silver pandas since the yuan will eventually be the reserve currency backed by metals?
 Quoting: Anonymous Coward 23654394


No, because you cannot be sure of the fineness of the silver.
Anonymous Coward
User ID: 23859686
United States
09/16/2012 03:02 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
Saw some fakes from China at the local coin shop. They werent pandas rather the painted fancy coin although marked 99.999 the dealer had discovered they were not.

Stick with name brand bullion and trusted state coinage.

If you trust pandas go for it.
DAMadcracka

User ID: 3776212
United States
09/16/2012 03:05 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
Which do you guys prefer to stack? Yes the pandas cost heck of a lot more but since it is now legal tender in china, do you guys think we should be stacking silver pandas since the yuan will eventually be the reserve currency backed by metals?
 Quoting: Anonymous Coward 23654394


If you get them from AMPEX, they will stand behind them.
Also if China will be the future world power, maybe its best to get them. Dont want to be caught with imperial coins.siren2siren2
DAMadcracka
weasel keeper

User ID: 15395274
United States
09/16/2012 03:12 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
I think that the new GLP silver ass-hats will be worth more in the long run...ratdance
Wild Weasels? You've got to be shitting me!
Anonymous Coward
User ID: 19461620
United States
09/16/2012 03:30 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
Maples
Anonymous Coward
User ID: 16359981
United States
09/16/2012 03:44 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
As long as it's 99.9% bullion who cares. Don't buy just the pandas though. Buy an assortment.

The safest bet is American minted silver bullion that's more than ten years old. Get them at your local coin shop and make sure you know the spot price. Allow them a few percent leaway and get as much as you can. Clean them with a nickle plate. Don't scrub.

Stay away from commemorative coins. Thats for the kids stamp collection. You want pure bullion in any form.
Anonymous Coward
User ID: 23871110
Canada
09/16/2012 03:49 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
An ounce of silver is an ounce of silver regardless of what horseshit design is stamped on it or what shape it is stamped in.

You could stamp a big cock and the words, "this coin is worthless" on it and it would still be worth the same.
Anonymous Coward
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09/16/2012 03:49 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
The Pandas are probably more likely to be filled with tin.
Anonymous Coward
User ID: 23866715
Germany
09/16/2012 04:04 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
Canadian Maple leafs or Austrians are the best.
Anonymous Coward
User ID: 23682433
United States
09/16/2012 04:06 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
Ah I remembered how governments of old used to debase their coins by 98% and more. No, the honest Chinamen can't possibly do that...

bonghit
ExpertOfSound

User ID: 1779676
United States
09/16/2012 04:08 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
An ounce of silver is an ounce of silver regardless of what horseshit design is stamped on it or what shape it is stamped in.

You could stamp a big cock and the words, "this coin is worthless" on it and it would still be worth the same.
 Quoting: Anonymous Coward 23871110


I am going to do that... LOL
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Anonymous Coward
User ID: 23859686
United States
09/16/2012 04:11 AM
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Re: American Silver Eagles vs Silver Chinese Pandas
An ounce of silver is an ounce of silver regardless of what horseshit design is stamped on it or what shape it is stamped in.

You could stamp a big cock and the words, "this coin is worthless" on it and it would still be worth the same.
 Quoting: Anonymous Coward 23871110


Havent had any problems but just to be safe its best to get the acid test.

[link to www.youtube.com]

buying off Ebay is the most risky. Coin shops weed that stuff out and are more careful what they stock.