The arrival of the 2011 Chinese Gold Panda coin marks the 29th distinct layout in the collection of this beautiful gold coin. 1st introduced in 1982, this limited version.999 gold bullion coin soon grew to become a single of the most well-known gold coins.
I bought my very very first one oz. gold Panda in 2002 and compensated $335.00 for the coin. This particular date had a mintage of just 28,345 and is currently promoting for $one,680 (BU condition) on a single of the well-known gold retail sites that I checked. Good, huh? Some of the earlier dated, lower mintage Pandas from the 1990’s are presently commanding massive premiums and are difficult, if not not possible, to locate!
toy panda bears like this particular gold coin for the simple fact that every single 12 months and new layout is released, that includes a diverse graphic of a cute, fuzzy minor panda bear on the reverse aspect of the coin. The gold panda is the only gold bullion coin that has this difference.
The 2011 edition of this coin attributes the traditional Hall of Prayer for Plentiful Harvests in the Temple of Heaven on the obverse aspect. The reverse facet, this 12 months, showcases a cute picture of a mom panda and her child.
Apart from the uniqueness factor, here are 3 factors why I feel investing in the 2011 Chinese Gold Panda coin is a intelligent transfer, from an investment decision standpoint:
one. Gold pandas are common with collectors. Gold desire is up massive time in China and need for this coin is substantial from collectors who are seeking to insert to, total, or commence their collection. That bodes effectively for potential appreciation!
2. Although the mintages of the silver version of this coin will be enhanced quite significantly in 2011, the gold model mintage will stay the exact same at three hundred,000. Another factor that will enhance the appreciation of these cash.
three. The price tag of gold anticipated to enhance additional in 2011. And I think that the collectability factor of this coin will cause it to see appreciation earlier mentioned and outside of that of other contemporary gold bullion coins.
Gold Pandas are obtainable in one oz, ½ oz, ¼ oz, 1/10 oz and the teeny one/20th oz sizes. The coins are sealed separately at the Shenzhen Guobao Mint in versatile, plastic holders.