Chinese Silver Panda Coins Good Investment
The official silver coin of the people s republic of china the chinese silver panda has been a popular investment piece for years.
Chinese silver panda coins good investment. What are your takes on collecting silver pandas from china. The chinese silver panda is not as widely known as the american silver eagle which can effect it s liquidity how easy it is to sell. Bu silver pandas are perfect beginner coins for both investors and coin collectors with low acquisition costs the relative ease and excitement from building sets and comparatively small number of types. The ngc chinese modern coin price guide is your single comprehensive resource for silver panda coin values and more.
The silver panda coins are 999 fine silver and are legal chinese tender and also boasts more limited mintages than many other bullion coins. Pandas regardless of how cute are not good investments to be bought in bulk. Read the coin facts below to learn how to use the chinese silver panda as an investment or collectible. Chinese silver pandas are the official silver coin for the people s republic of china.
Chinese silver pandas are the official silver coins of the people s republic of china and they are excellent investment pieces. Some dates are a very good return if you bought them when they came out or found a good price for one. The 1 oz coins were first issued in 1989 while the oz variety first appeared in 1993. I m not typically one to invest in such premium coinage yet am curious as to what some of the more veteran collectors or stackers would say.
Each chinese silver panda is struck in 999 pure silver and holds a 10 yuan legal tender. The panda like the silver kookaburra and koala from the perth mint of australia have reverse designs that cha. Each year the series bears a new image of the giant panda the revered icon of china. Chinese silver panda coin.
Here we take a look at some of the most frequently asked questions about the chinese silver panda. This silver bullion series is on par with other silver world coins such as the australian silver kookaburra and the canadian silver maple leaf. Pandas minted 2004 through 2008 range anywhere from a dollar more valuable than the 2009s to several dollars less valuable. The below are some of the pointers for investors to consider in panda coins.
Chinese silver panda another respectable investment option is the chinese silver panda coin. The 2009 chinese pandas are currently selling for about 18 above spot that s almost double the value of the coin s silver content. Click on a description and the coin details page will open complete with a silver panda price guide chart ngc census data variety attributions ngc registry scores and more.