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Wednesday, 22 January 2014

Chinese Gold Coins Are Great Investing Opportunity

By Judy Sullivan


Widely recognizable and appreciated, Chinese gold coins became very popular recently. The most popular are certainly the beautiful Pandas, made from 999 pure gold, thanks to their lovely design and collecting value. Each year has its unique design, except 2002, that has the same design used the previous year. On the other side of each coin you will find the lovely Temple of heaven. Modern series are produced since 1982.

Except for gold, they use other precious metals for making them, for example silver, palladium and platinum. Buying and collecting coins is a tradition in China, and recently became highly popular in all other countries as well. Thanks to the fact this actually is a very profitable investment, people are more and more interested in these lovely pieces. Buying bullion is always a very good decision.

The smallest coin has a value of one Yuan, and the most valuable one has a value of ten thousand Yuan. One Yuan coin can be bought for maybe ten dollars, if it isn't rare, and some can worth more than one million dollars. Considering the fact these large ones weight ten kilos, it's not so high price. Rare pieces are especially valuable, and not so easy to find.

Other themes are also quite popular, for example, Zodiac signs. Chinese Zodiac has twelve animal signs, and these coins are especially attractive, thanks to their lovely design. People often buy them as a gift for their loved ones, but there are also many collectors interested in buying them, especially rare and hard to find series. Of course, this type of investment is also highly profitable. If you are interested in buying gold, this might be a very good choice.

Pandas are especially appreciated among collectors. Some rare, limited series have very high prices. All Pandas are made in limited editions, and that's why their prices stay high. Some were damaged in trade, or used in jewelry, and they aren't interesting for collecting. They have to be in really perfect condition for this. Nevertheless, they are made of precious metals, and won't lose their real value in any case.

Unfortunately, there are all kinds of counterfeits out there. You have to be an expert to recognize some of them. If not, make sure to buy from reliable dealers only. There are some tiny differences that can be seen on most counterfeits, for example, the letters might be slightly different or positioned differently. In any case, you have to pay your attention to all details, and be very careful about this.

Another problem is the fact that Chinese mints don't use a mint mark. It means it is not so easy to determine the origin of the particular coin. There are numerous specialized sites offering valuable advices about buying and selling Pandas, including tips about recognizing flaws and differences. Make sure to be well informed before investing in Pandas, although this certainly is a very good investment to make.

Some dealers offer ancient Chinese gold coins as well. In China, the tradition of making coins is very old, maybe even five thousands years. Some pieces still can be found, although they are rare, and highly valuable. Reliable dealer is a must here, but if you are interested in collecting, you should learn more about the whole thing before investing in it. This really is very interesting hobby, and a great investment.




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