Chinese gold coins have been discussed and collected by collectors for many centuries now. This is a metal that is not only expensive, but also very rare especially in its pure form. When in the form of a coin, it can be used to make investments especially when creating a rainy day account. Considering that this coin has been in existent since time in memorial, an investor can never go wrong by opting to use it when making an investment.
compared to other metals, this one is unique in that it does not react in any way; this is an attribute that has contributed to its high value. It has a higher density than other precious minerals known to man. This therefore makes it easy to identify counterfeits. The difference between a pure coin and a counterfeit can be known by checking the density of each coin. It is also easily melted to ingots and then shaped in to coins.
During the ancient days, the initial pieces were manufactured in a state called Chu. They were round in shape with a square hole in the middle. The inscription name Yuan Ying was used to signify the state of Chu where the casting was done. Even though minting of this coin has stopped, it is still being used as bullion by many countries.
In present day, if one wants to buy Chinese precious metals, he can either choose old money or purchase it in the form of bullion. The old money may be very rare but the history behind it is amazing sometimes going way back in to millions of years before civilization.
The first coin in bullion was first released in the year 1982. It had a panda bear that was featured on the head side. Every year after that, there would be a new design released by the government. The 26th design in the year 2008 featured an adult panda with a cub munching on bamboo twigs. More designs have been released and government passed them as a form of currency.
When it comes to purity matters, this coin comes with a purity of . 999 which is also very small as compared to other products from countries such as the USA and Canada. The American eagle and Canadian Maple Leaf are much bigger than those minted in China. The Panda pieces are used to create bracelets, necklaces and earrings. They are extremely exquisite and most precious metal collectors are known to look for them all year round.
Buying from credible dealers is highly encouraged especially for any first time collector. Today it is easy to purchase this coin online. One should however proceed with precaution as the web is filled with all types of con men looking to fleece buyers. Those starting out in this trade need to be extra careful to avoid being misled.
Chinese gold coins are some of the most sought after by collectors all over the world. The fascination with this coin has seen collectors travel all round the world in a bid to understand the history behind it. Whether collecting is a hobby or a profession, the Chinese gold coin is a piece that each collector ought to have in his collection. A collection is not complete without this particular piece being present.
If you decide to choose the old coin, you may gain as regards the fascinating history accompanying it. The risk is that the value of the coin is depreciating in the market. The advantage is that it is rare and not everybody could have it. One could be fortunate to get a gold coin that could be more than two thousand years old.
However with the unique history of the monies, several fake coins are sprouting across different markets. One could easily differentiate the fake from the original. The price is one of the areas the differences between them could be determined. The price of the Chinese gold coins is cheaper than the original. The weight of the original is more than the fake. One could use these few factors to decide the genuine from the fake.
compared to other metals, this one is unique in that it does not react in any way; this is an attribute that has contributed to its high value. It has a higher density than other precious minerals known to man. This therefore makes it easy to identify counterfeits. The difference between a pure coin and a counterfeit can be known by checking the density of each coin. It is also easily melted to ingots and then shaped in to coins.
During the ancient days, the initial pieces were manufactured in a state called Chu. They were round in shape with a square hole in the middle. The inscription name Yuan Ying was used to signify the state of Chu where the casting was done. Even though minting of this coin has stopped, it is still being used as bullion by many countries.
In present day, if one wants to buy Chinese precious metals, he can either choose old money or purchase it in the form of bullion. The old money may be very rare but the history behind it is amazing sometimes going way back in to millions of years before civilization.
The first coin in bullion was first released in the year 1982. It had a panda bear that was featured on the head side. Every year after that, there would be a new design released by the government. The 26th design in the year 2008 featured an adult panda with a cub munching on bamboo twigs. More designs have been released and government passed them as a form of currency.
When it comes to purity matters, this coin comes with a purity of . 999 which is also very small as compared to other products from countries such as the USA and Canada. The American eagle and Canadian Maple Leaf are much bigger than those minted in China. The Panda pieces are used to create bracelets, necklaces and earrings. They are extremely exquisite and most precious metal collectors are known to look for them all year round.
Buying from credible dealers is highly encouraged especially for any first time collector. Today it is easy to purchase this coin online. One should however proceed with precaution as the web is filled with all types of con men looking to fleece buyers. Those starting out in this trade need to be extra careful to avoid being misled.
Chinese gold coins are some of the most sought after by collectors all over the world. The fascination with this coin has seen collectors travel all round the world in a bid to understand the history behind it. Whether collecting is a hobby or a profession, the Chinese gold coin is a piece that each collector ought to have in his collection. A collection is not complete without this particular piece being present.
If you decide to choose the old coin, you may gain as regards the fascinating history accompanying it. The risk is that the value of the coin is depreciating in the market. The advantage is that it is rare and not everybody could have it. One could be fortunate to get a gold coin that could be more than two thousand years old.
However with the unique history of the monies, several fake coins are sprouting across different markets. One could easily differentiate the fake from the original. The price is one of the areas the differences between them could be determined. The price of the Chinese gold coins is cheaper than the original. The weight of the original is more than the fake. One could use these few factors to decide the genuine from the fake.
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