The arrival of the 2011 Chinese Gold Panda coin marks the 29th various design and style in the collection of this beautiful gold coin. 1st launched in 1982, this limited edition.999 gold bullion coin before long grew to become one particular of the most well-liked gold coins.
I obtained my very very first 1 oz. gold Panda in 2002 and paid out $335.00 for the coin. This certain day had a mintage of just 28,345 and is at the moment offering for $one,680 (BU situation) on one of the well-known gold retail websites that I checked. valentines presents , huh? Some of the before dated, reduced mintage Pandas from the 1990’s are presently commanding huge premiums and are hard, if not not possible, to discover!
I really like this particular gold coin for the easy truth that every yr and new style is unveiled, that includes a diverse image of a cute, fuzzy tiny panda bear on the reverse side of the coin. The gold panda is the only gold bullion coin that has this difference.
The 2011 variation of this coin functions the conventional Hall of Prayer for Abundant Harvests in the Temple of Heaven on the obverse facet. The reverse facet, this 12 months, showcases a cute image of a mom panda and her baby.
Apart from the uniqueness factor, below are three factors why I feel investing in the 2011 Chinese Gold Panda coin is a wise shift, from an expense standpoint:
one. Gold pandas are well-liked with collectors. Gold demand is up big time in China and demand for this coin is high from collectors who are seeking to add to, total, or begin their selection. That bodes nicely for potential appreciation!
2. While the mintages of the silver variation of this coin will be increased quite significantly in 2011, the gold version mintage will stay the same at 300,000. An additional aspect that will enhance the appreciation of these coins.
3. The price of gold envisioned to increase even more in 2011. And I think that the collectability aspect of this coin will lead to it to see appreciation above and past that of other modern gold bullion cash.
Gold Pandas are offered in one oz, ½ oz, ¼ oz, one/10 oz and the teeny one/twentieth oz measurements. The coins are sealed separately at the Shenzhen Guobao Mint in flexible, plastic holders.