As one of the most highly visible Chinese coin series in the world, the Chinese palladium Panda Coin is the flagship theme of the country’s modern metal coins. The first coin was issued in 1982 and more been issued annually since then, with refreshing designs each year. Collectors are left awestruck with the limited editions making them some of the rarest precious metals in the world. Introduced to the market 1989 and backed by the People’s Bank of China, they were issued as legal tender but with a limited mintage. The panda coins became much rarer than their silver or gold counterparts.
Featuring extensively detailed designs, the Chinese palladium panda coins gave the panda (indigenous bear native to central China) an allure that to this day attracts people around the world. The coin possesses an aesthetic nature that evokes a sense of pride and tranquillity. The obverse design depicts an image of the Chinese Hall of Prayer for Good Harvest in the Temple of Heaven in Beijing. Although the reverse design of the Palladium Panda changes each year, it always depicts the rare Chinese animal loved worldwide for its distinctive natural appearance.
Most palladium panda coin issues are defensive investments. In other words, their values correlate closely with the world’s precious metal prices. Released in 5 sizes, the premium over gold spot price is set at 6-20 percent. In 2016, the Chinese National Mint changed to metric weights but preferred coins in grams instead of troy ounces. The 30-gram coins have the lowest premium while the high costs to mint coins mean that the smallest fractional coins weighing a mere 3 grams have the highest premium. All the five sizes are distributed in sheets of 10, in a 5 x 2 formation.
The Chinese Palladium Panda Coins have always been some of the top five investment coins in the world. Only the uncirculated BU coins are the bullion coins and are the most suitable for gold investment purposes. Regardless of your budget and taste, there is something for everyone. Panda coins are both affordable and elegant whilst rare coins remain desirable and have a reputation of beating almost all other asset classes in price appreciation.