2016 is the first year of proof panda that change 5 oz to 50 gram, 100 gram and 150 gram.
However it actual minted are too high and gold spot at Low level so the demand is exceptional Low.
This the auction of 50 g 2016 NGC pf69 which fall below spot sold at 2985. This means the fiat legal tender gold panda coin is selling at 1857 per oz that spot at 1950. It is 5 % below spot. After minus the auction fee and grading fee the seller get below spot value and loss more money.
Recently there was a non fiat ( not legal tender) gold panda coin 50 g Omp sold at 4070. This is 1085 higher than legal tender gold panda coin.
A coins can be legal tender and non legal tender issue by China official means own by China government instead of private companies. They use coin technology not like private mint. They have advance counterfeit measurement technology than private mint. They are back by government with strong and research and technology in minting vs private mint. So there are no different between legal and non legal tender mint by government mint. But it is a big differences between government and Private mint.
This example of sold transactions showing you that non legal tender selling price at almost same period get better deal than legal tender. There are many factors like mintage , demand and supply, high relief vs Low relief, customer population , target customer , economic , personal preferences and many other factors affect the selling price of a coins regardless it is legal tender or not legal tender. Not misleading by one sources only.
Another gold panda coin 30 g baby panda sold at 2547 which is much more than spot as non legal tender coin by government mint of china but the legal tender 50 g 2016 sold Below 5 % of spot.
Those example tell you much and proven some self declared expert is not telling you all informations and facts.

