Pandas are issued by China at a higher portion over the real gold rate than basic bullion coins, and originated the idea of a contemporary collectible/bullion coin. For the collector, Special Proof Sets were issued of the gold Pandas, presented in lacquered boxes with silk linings, and marketed for more than twice the gold worth. The Panda Gold Coin is an extension of that forecast of peace and goodwill, and this provides the coin a specific feeling of marvelous benevolence, much like the worthy creatures themselves.
At an insecure time when gold seems like a steady investment, Chinese gold sounds even much better and all the more steady.
Gold Pandas likewise motivated precious jewelry usage, as the 1-ounce coins were set in locket mountings, and the smaller sizes were sold in bracelets, pendants, and earrings. Pandas are issued by China at a greater portion over the real gold rate than basic bullion coins, and originated the concept of a modern-day collectible/bullion coin.
Lastly, it should be mentioned that throughout history, pandas have been a symbol of peace and humbleness due to their usually docile behavior. This was also the image that the Chinese government wanted to project to other nations, a diplomatic method called “Panda Diplomacy.” Hence, the Panda Gold Coin is an extension of that forecast of peace and goodwill, and this gives the coin a particular sensation of magnificent altruism, much like the worthy creatures themselves.
For the collector, Special Proof Sets were provided of the gold Pandas, presented in lacquered boxes with silk linings, and marketed for more than twice the gold worth. Additional celebratory issues of Panda gold coins seemed to appear at the drop of a hat.
The obverse of the coin representation of the Temple of Heaven, a Taoist complex in southeastern Beijing with a rich history spanning numerous emperors. Chinese characters grace the top saying “Zhonghua Renmin Gongheguo” meaning Peoples Republic of China and the bottom the year of problem. The reverse features various portraits of the panda, an animal native to China. Talk about a coin thats unique on both sides! Like Australian Kangaroos, the style of the panda has actually changed ever year with one exception. In 2001, the Chinese Mint announced they would be terminating this custom and froze the current style. The protest from collectors was so unfavorable that the altering design was reinstated, beginning in 2003. Each style is diligently crafted and is thus popular for its artistic benefit as well as financial value.
Another gold bullion coin, the Chinese Panda, was revealed in 1982. At.999 fine gold, the Pandas are provided as legal tender in the Peoples Republic of China, and exist in 1-ounce, 1/2-ounce, 1/4-ounce, 1/10-ounce, and 1/20-ounce denominations.
At an insecure time when gold appears like a stable investment, Chinese gold sounds even much better and all the more stable.