What Is The Panda Gold Coin? |
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| By Jack Wogan. |
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| It is common knowledge that gold has always been everybody's
favorite when it comes to precious metals. Throughout their
history, people have been truly fascinated by it and used it
for various purposes. The yellow metal has always been seen
by many as a great investment opportunity, either in the
form of bullion or jewelry. When gold coins made their first
appearance, things got even better. According to its definition, a gold coin is a coin made mostly or entirely of gold. Times have changed though and now gold coins don't have the same functions they had in the past. They are intended either for the passionate collectors' or for their use as bullion coins. This last type of coins does not have a relevant nominal value and are seen mainly as a method of investing in gold. 'Investment coins' is another term employed to designate them. Today, many nations worldwide mint bullion coins. An example of such a bullion coin is the Panda Gold Coin which has been issued by the People's Republic of China. First introduced in 1982, the coin pictures a Panda design as token of appreciation for China's endangered Giant Panda Bears. The obverse of the coin is designed in the following way: in the center, there is a depiction of the Temple of Heaven, while on the top there are some Chinese characters meaning 'Zhonghua Renmin Gongheguo' (translated as 'People's Republic of China') and at the bottom it is mentioned the year of issue. When the coins form part of a commemorative issue, the theme is marked here also. The reverse depicts different images of panda bears. The design changes every year, but there was one single exception though and the gold Panda coins issued in 2001 and 2002 were same. Panda gold coins also have various sizes and denominations, from 1/20 troy oz. for the smallest pieces up to 1 troy oz. or even higher for the biggest ones. Throughout China, there are several mints where gold Panda coins are produced, including those from Beijing, Shenzhen, Shanghai and Shenyang. Unlike with the coins issued by mints in the USA, whose origin is distinguished by the mint-marks they carry, the Chinese mints do not usually mark their coins. However, based on some specific details in the coin design, in certain years it is possible for the manufacturing mint to be identified. Small changes in the size of the date, style of the temple etc are just a few examples of such identifying details. The uniqueness of Panda Gold Coins is most certainly one the reasons why both collectors and investors love them. Either as gifts or investments, there is no doubt that buying gold coins can be a fulfilling and beautiful experience, provided that things are done in a professional manner and the buyer seeks an expert's valuable advice. |
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| Article Source: http://interpret.zar.vg | ||||
| About The Author To buy gold bullion in times of recession can be learnt from professionals. |
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