Author Topic: Trend of Private Mints produce panda medal with no coa so fishy on it  (Read 182 times)

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All the above panda has been graded by NGC. How to grade without coa? Yes, it can be as long as the medal sponsor create a fake electronic coa and chop the company stamp on it which NGC grade it. That so call NGC standard.
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Trend of Private Mints produce panda medal with no coa so fishy on it
« Reply #1 on: June 12, 2019, 09:38:36 PM »
There are a significant no. of panda medal with sloppy jobs produce by private mints without certificate of authentic and box. As wrote in some forums whiles ago which one of the difference of private mints products and official mint is private mints tend to fulfill sponsors request and requirement regardless ethical or not ethical as long as you pay for it.

Private mint use non coining approach which differ from official mints. On top of it official mint did have assurance on the purity and weight of the metal which private mint did not.

Some of you do not read mandarin which some sponsor are tricky by playing the "mandarin" words in coa for the purity of the metal which mint by private mint.

I did sell private mint items BUT always warn customer buy at own risks and careful in selecting sponsor items. Some are mainly cheat , hyping and for flippers and so do not. Better flip fast if you bought from the former type of sponsor.

As in peak market most of the items will up regardless the medal is bad or good. Many buy blindly and follow the wind.

It is soft market so selective buy is important now. There are many good deal in market but too little money in spending so choose wisely is crucial. many flippers and bump & dump person has hide themselves up in softmarket. Those active hyper of MCC has shut their mouth out and hide. This is the same case for cryptocurrency which many have hide themselves up and much lesser of any news in forum. Those person are in consistent all times high. You are able to spot them easily if you consisting in reading forums actively over few years. They always hide in soft market and pretend naive than show up as expert as when marker pick up and hype again. Many did not read forums over years and years so forgot and unaware their mask and cheating tactics. Where there is money there is thief.

Those are the medal by private mints without coa and box. No coa so no information and none will know the real mintage at all. Some worst which they will make a electronic coa and get NGC to garde it. In fact no physical coa been print at all and given to customer. This is the current trick and trend in china for private mint stuff which is so scary. There always a bad horse in the industry which you cannot avoid so beware of the trick by some fake person and hyper.

The 35th anniv panda by private has also minted a 40 mm without coa too and same for the HK show panda.

Print a coa cost you 0.1USD per pieces or even lesser so what stop the private mint and sponsor to print coa? This is fishy. I know a fiat coin dealer and China NGC appointed agent in china who start sponsor some medal via private mint because he has no relationship to mint with official mint at all. I did question him the "no coa" matter which he claim it is expenses to print and NGC do not need original coa to grade as long as with electronic coa and company seal will do.

Noone in MCC forum tell you about this news. They do tell you half baked information for their advantages only.









 



www.numicconnection.com Here our webpage for all numic & other collectible items.

I am not affiliated to chinessemedals.com and Barsenault since May 2017. You will notice a soap opera and drama are happening.

email andrewlee10@hotmail.com for forum member application. Non-member unable view photo

 

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