The use of bullion as a trading item in China can be traces for back to over 3000 years although the first gold panda coin was in 1982 and production has continued each year since then. They are released on different sizes which correspond to the denomination. The most commonly minted Chinese gold coins are 25 Yuan represented by 1/20 oz, 100 Yuan represented by 1/10 oz, 200 Yuan corresponding with 1/4 oz and 500 Yuan of 1/2 oz. Other sizes like from 1 to 12 ounce are also minted but in very small quantities and are in rare supply.
Chinese gold coins are much sought after item by investors, coin collectors and even jewelry dealers. It is not surprising they are always in an appreciation path. This is largely attributed to the fact that the spot price is always higher than the bullion melt value even at the time of production. They are also minted in limited quantities keeping demand high above supply.
On the obverse, the famous Temple of Heaven is the main depiction with minimal changes since the first minting. The ones minting as a commemorative events have the event being commemorated in addition to the main depiction on the obverse. This is accompanied by the year on which the coin is released. Zhonghua Renmin Gongheguo which is Chinese word for the Peoples Republic of China is also encrypted on the face of the coin.
The design of the coin features the renown Temple of Heaven on the face. When minted as a commemorative coin, the event being commemorated is also depicted on the obverse with the best example shown by those minted in 2007 to commemorate 25th Anniversary since their first minting. Other than this, the name (Zhonghua Renmin Gongheguo) for Peoples Republic of China and the year of production also appear on the face.
A bullion symbol, bullion fineness, the denomination and the size are also encrypted on the reverse. This makes it the most attractive and series of currencies particularly due to universally appealing subjects featured.
This leaves investors a laughing lot as they always face a large market for the currency. It gains value so rapidly. The spot price has always been way above the melt value, outshining other international bullion currencies. The idea of minimal minting has ensured that each of the series maintains high demand level in the market. This is further enforced by tight control by CGCI.
For the collectors who use dates as the preferred item of reference, it is worthy noticing the similarity of 2001 series to those of 2002. This is explained by the decision in 2001 to have all subsequent productions with the similar depiction of pandas. The policy was however reverted in 2003 following outcry from collectors who wanted the tradition maintained.
Chinese gold coins are still the most sought after bullion currency driving interest from all investors globally. With bright future largely by the fact that Chinese government are preparing to use bullion as a reserve currency, the demand is set to sky rocket, and speculators are already taking advantage of the situation. As an investor, it will be unimaginable to miss out of this opportunity.
Chinese gold coins are much sought after item by investors, coin collectors and even jewelry dealers. It is not surprising they are always in an appreciation path. This is largely attributed to the fact that the spot price is always higher than the bullion melt value even at the time of production. They are also minted in limited quantities keeping demand high above supply.
On the obverse, the famous Temple of Heaven is the main depiction with minimal changes since the first minting. The ones minting as a commemorative events have the event being commemorated in addition to the main depiction on the obverse. This is accompanied by the year on which the coin is released. Zhonghua Renmin Gongheguo which is Chinese word for the Peoples Republic of China is also encrypted on the face of the coin.
The design of the coin features the renown Temple of Heaven on the face. When minted as a commemorative coin, the event being commemorated is also depicted on the obverse with the best example shown by those minted in 2007 to commemorate 25th Anniversary since their first minting. Other than this, the name (Zhonghua Renmin Gongheguo) for Peoples Republic of China and the year of production also appear on the face.
A bullion symbol, bullion fineness, the denomination and the size are also encrypted on the reverse. This makes it the most attractive and series of currencies particularly due to universally appealing subjects featured.
This leaves investors a laughing lot as they always face a large market for the currency. It gains value so rapidly. The spot price has always been way above the melt value, outshining other international bullion currencies. The idea of minimal minting has ensured that each of the series maintains high demand level in the market. This is further enforced by tight control by CGCI.
For the collectors who use dates as the preferred item of reference, it is worthy noticing the similarity of 2001 series to those of 2002. This is explained by the decision in 2001 to have all subsequent productions with the similar depiction of pandas. The policy was however reverted in 2003 following outcry from collectors who wanted the tradition maintained.
Chinese gold coins are still the most sought after bullion currency driving interest from all investors globally. With bright future largely by the fact that Chinese government are preparing to use bullion as a reserve currency, the demand is set to sky rocket, and speculators are already taking advantage of the situation. As an investor, it will be unimaginable to miss out of this opportunity.
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