1. The Chinese Panda coin was first issued in 1982, as a limited-edition gold bullion coin.
2. Each coin features a cute Panda bear on the obtuse side of the coin.
3. The 2008 Panda coin is the 26th different design in the series, featuring an adult Panda and a cub munching on some bamboo stalks.
4. The gold Panda design was changed every year through 2000.
5. The Chinese government invoked a freeze on the design in 2001.
6. Only the 2001 and 2002 issues feature the same design, however.
7. The freeze was lifted in 1983 in response to demand by collectors of the coin.
8. Four different sizes of coins were issued the first year - 1/10 ounce, ¼ ounce, ½ ounce and 1 full troy ounce size.
9. The Chinese mint added a 1/20th ounce size coin in 1983.
10. The larger sized 5 troy ounce and 10 troy ounce coins were added in 1986.
11. The Chinese gold panda coin is only one of few gold coins issued worldwide in this size.
12. The coins have a purity of .999 gold.
13. The coins are not technically proof but a 'proof-like' brilliant uncirculated condition.
14. Proof sets were issued in 1986 through 1995. These sets command a higher premium due to their scarcity and limited issue.
15. The Panda coins have a much smaller mintage, compared to other gold bullion coins such as the American Eagle, and Canadian Maple Leaf.
16. The earlier dated Pandas, in particular, have a very small mintage. The mintage of the 1982 one troy ounce Panda coin had a mintage of under 14,000.
17. 289,000 is largest mintage of any one troy ounce Panda coin.
18. In 1987, China issued the gold Pandas with two different mint marks - Y and S. The boxed proof set featured a third mint mark.
19. Additional commemorative issues of Panda gold coins were issued and distributed at coin conventions.
20. Ownership of the gold Panda coin was prohibited in China until 2004.
21. Panda coin jewelry is very popular. Necklace mountings commonly feature the one troy ounce coins. The smaller sized Pandas are used to create earrings, bracelets and pendants.
As you can see, the Chinese Panda gold coin is truly an exquisite, rare, fine bullion coin that every gold collector would be proud to own!
Buy Gold Bullion Coins
In the first few years of the 21st century, gold was pushed aside in favor of more profitable investments. Why buy gold bullion coins when you could get rich buying real estate or technology stocks? But, in these days of economic, political, and geopolitical uncertainty, gold is once again being recognized for what it is - real, true, honest money. Although the price of gold bullion has more than tripled in price since 1999, gold is still a worthy investment. Here are nine vital reasons why now is the best time for every investor to buy gold bullion coins.
Gold Bullion Is A Safe-Haven Investment
Demand for gold by individuals and institutions increases during times of economic uncertainty and geopolitical risk. Gold has long been perceived as being a superior store of value. With Iran vowing to continue its uranium enrichment program, geopolitical concerns will remain high.
Gold Bullion Is Indestructible and Imperishable
Gold doesn't rust, corrode, or tarnish. It doesn't mildew, rot, or dissolve. You can't shatter it, crack it, crumble it, or break it.
Gold Bullion Is A Good Hedge Against Inflation
Record food and oil prices are fueling global inflation. Investors will begin to seek out assets which are perceived to be anti-inflationary. And gold bullion has historically been perceived to be a good hedge against inflation.
Gold Bullion Provides Insurance Against Portfolio Risk
Investors who are concerned about the downside risk to their portfolios will naturally look to invest in gold. The returns on gold have very little correlation to assets such as bonds and equities. Thus, gold can be expected to perform well during unusual market conditions.
Gold Bullion Offers Protection Against Currency Risk
When the U.S. dollar falls, gold is often purchased as an alternative investment vehicle. A lower dollar also makes a dollar-priced commodity such as gold cheaper for investors holding other currencies. Therefore, as the fall in the dollar continues, investor demand for gold bullion will rise.
Gold Bullion Preserves Wealth
Currently, interest rates stand at 2%, half of the official inflation rate. The Federal Reserve's top priority at the moment is supporting the financial sector. Interest rates must remain low until the housing sector and credit markets stabilize. Negative interest rates destroy the value of money kept in bank accounts and other non-speculative investments.
Gold Bullion Is Cheap Compared To Oil
The historical gold to oil ratio is one ounce of gold to fifteen barrels of oil. Gold bullion is currently trading at a ratio of 6.48, (based on the current price of gold at $920 divided by the current price of oil at $142) close to an all time record low. For the gold to oil ratio to return to its historical mean, gold would have to trade at over $2100 an ounce.
Gold Bullion Is A Highly Liquid Asset
Gold is universally accepted around the world and can easily be bought and sold. As an investor in gold, you therefore have the alternative to trade gold bullion for different currencies if the need should arise.
Gold Bullion Demand Will Remain Strong
Higher inflation, rising oil prices, a declining dollar, a weakening U.S. economy, geopolitical tension abroad, and a slowdown in world economies will all play a part in the continued increase in the price of gold.
Christina Goldman has sinced written about articles on various topics from Finances, Investments and Finances. The best way to protect your hard-earned money from the falling dollar and the ravages of high inflation is with pure gold bullion coins. You can find a huge selection of. Christina Goldman's top article generates over 22200 views. to your Favourites.
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