[Panda Mandarin] - Learn how to buy bears in their original language

Discussion in 'Modern Chinese Coins & Medallions' started by yennus, Jan 2, 2012.

  1. yennus

    yennus Well-Known Member Silver Stacker

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    This is a personal post about buying Pandas in China. It is an opinion piece, so please don't consider it as the final word on anything. I also hope it helps solidify my Mandarin learning.

    As an Aussie from Queensland, does it help to speak Mandarin when buying bears in China?
    Sure does! I fall into category 2 below.

    1. If purchasing in English, expect to pay a lot more than if you spoke Mandarin...
    2. If purchasing in broken Mandarin, expect to pay more than if you spoke fluent Mandarin...
    3. If purchasing in fluent Mandarin, expect to get a good deal...
    4. If purchasing in fluent Shanghainese, expect to get the best rate!

    Here's my contribution towards cross cultural experiences. This is by no means meant to be considered gospel, but rather the experiences that I have encountered in China (everyone will have a different experience).

    The vast majority of Panda purchasing transactions I have done in China are made on a personal basis. It is very different from visiting professional bullion dealers in Sydney, where you might have purchased bullion for years from them, but never really got to know the guy (because business transactions are often made on an impersonal basis). In China, business is personal, and it helps to build a relationship with the person you're dealing with.

    The keyword is "relationship" "" (Gunx).

    Here is a classic example of the difference Gunx can make.

    A close friend of mine who speaks fluent Mandarin goes to dealer X, talks for 10minutes about life, then comes back and says that the 2000 Panda Mirror I want is available for about $1200USD (it's OMP, but not in good condition).

    I then go and approach dealer X with my broken Mandarin, and ask directly, "do you have a 2000 Panda Mirror?" I get told the price is $1500USD. After trying to bargain the price down to $1200USD, I get told to nick off. I then tell him his Ebay price is cheaper than $1500USD, and then get told to go somewhere not nice.

    What was the difference between me and my friend (besides language profiency)? Gunx... If you are on good terms with your dealer, you are likely to get a better rate... because business is personal (in China).

    So here are some tips to building Gunx with a bullion dealer in China.

    Greet and take an interest in the person before going directly for the answer you seek.

    You: (Nn ho) - Hello
    Them: (Nn ho) - Hello

    You: (jin do n hn go xng ) - It is a pleasure to meet you
    Them: (Xi xi) - Thank you

    You: (N sh bn d rn ma?) - Are you from around here?
    Them: (Sh) - Yes. or (bu Sh) - No.

    You: (N Xinzi mng ma?) - Are you busy now?
    Them: (Sh) - Yes. or (bu Sh) - No.

    After a few more minutes of small talk.

    You: (N yu xingmo yngb ma?) - Do you have Panda coins?
    Them: (Sh) - Yes.

    Then hopefully he flips out an original 10x (10x 1oz) unbroken lot of OMP Pandas for show and tell :)

    [imgz=http://forums.silverstackers.com/uploads/675_pandas.jpg][​IMG][/imgz]
    An original 100 pack of 2005 1oz Pandas, plus a Mirrored Panda on the display.
     
  2. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    :lol: as an aussie from qld - love your questions yennus.
     
  3. yennus

    yennus Well-Known Member Silver Stacker

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    Hhehe... thanks mmm....shiney!
     
  4. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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  5. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    I'd be really keen to learn Pandarin
     
  6. yennus

    yennus Well-Known Member Silver Stacker

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    Hahaha... that puts you in the same category as me... eheh :)

    Pandas and Mandarin... very useful and profitable to be knowledgeable on both :)
     
  7. fishball

    fishball New Member Silver Stacker

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    lol...

    How about...

    ? (N de xingmo qin b sh fu zhn de <- Googled that, I have forgotten all the Phonetics)

    Are your Pandas real or fake? :lol:

    Get you kicked out of the store faster than you can say PANDA? :D
     
  8. yennus

    yennus Well-Known Member Silver Stacker

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    Hhaha... when I first started out in China, I often use to ask that question... but then realized it made me look incredibly silly. :)

    No one in these places want to be associated with fake Pandas... cos that may = death.

    Hence the majority of fake Pandas get sold on Ebay.
     
  9. kingzac

    kingzac New Member

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    Thanks Yennus, that will come in handy for my trip in Feb
     
  10. Ag

    Ag Well-Known Member Silver Stacker

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    Not all Panda's get to master Pandarin...some are failures like this one

    [​IMG]
     
  11. shano73

    shano73 Member

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    Ouch , you got burnt by a fake?
     
  12. Ag

    Ag Well-Known Member Silver Stacker

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    True got burnt for about 70c each :lol:
     
  13. shano73

    shano73 Member

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    Well thank god for that? was there chocolate inside? :)
     
  14. Ag

    Ag Well-Known Member Silver Stacker

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    Not so far but have all the remaining minted years yet to test :D
     

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