The arrival of the 2011 Chinese Gold Panda coin marks the 29th different design in the series of this beautiful gold coin. Very first launched in 1982, this constrained edition.999 gold bullion coin quickly grew to become one of the most well-known gold cash.
I purchased my extremely first 1 oz. gold Panda in 2002 and paid out $335.00 for the coin. This particular day had a mintage of just 28,345 and is currently selling for $1,680 (BU condition) on one particular of the popular gold retail sites that I checked. Nice, huh? Some of the earlier dated, reduced mintage Pandas from the 1990’s are at the moment commanding enormous rates and are hard, if not unattainable, to find!
I enjoy this distinct gold coin for the basic fact that each and every yr and new layout is launched, featuring a various image of a adorable, fuzzy little panda bear on the reverse aspect of the coin. The gold panda is the only gold bullion coin that has this distinction.
soft toys of this coin functions the conventional Hall of Prayer for Abundant Harvests in the Temple of Heaven on the obverse aspect. The reverse side, this year, showcases a sweet graphic of a mother panda and her child.
Apart from the uniqueness aspect, here are 3 motives why I consider investing in the 2011 Chinese Gold Panda coin is a intelligent transfer, from an expense standpoint:
1. Gold pandas are well-known with collectors. Gold demand is up huge time in China and demand for this coin is large from collectors who are hunting to include to, total, or start off their selection. That bodes properly for foreseeable future appreciation!
two. Although the mintages of the silver version of this coin will be increased really drastically in 2011, the gold edition mintage will continue to be the very same at three hundred,000. Another factor that will improve the appreciation of these coins.
3. The price tag of gold expected to boost more in 2011. And I believe that the collectability element of this coin will result in it to see appreciation above and over and above that of other present day gold bullion cash.
Gold Pandas are offered in 1 oz, ½ oz, ¼ oz, 1/ten oz and the teeny 1/20th oz dimensions. The coins are sealed independently at the Shenzhen Guobao Mint in adaptable, plastic holders.