2011 Chinese 1oz Silver Panda Coins
The People’s Bank of China (中国人民银行) has released their 2011 1oz .999 fine silver coins at a whopping issuance of 3,000,000 units, due to high demand. The coins have a face value of 10RMB (~$1) and feature enormously cute adult/child pandas on the front, and a famous Beijing temple–Tian tan, the Temple of Heaven (天坛)–on the reverse.
I bought two sheets of 30 each of them, and they are as gorgeous as the dealer’s photos. If you wonder why I’m buying a small amount of silver in coin form, I find that they are much more attractive than bullion. So even though you pay a relatively large premium over silver spot, you’re buying art. Here’s a few pictures I took with my macro lens:
Front side of the coins
Obverse side of the coins
They come in big sheets of 30
Which are vacuum sealed against the air
The People’s Bank guarantees their authenticity
If you are looking to purchase, I highly recommend buying from Gainesville Coins, currently offering 2011 China 10 Yuan, 1 oz. Silver Panda. (Brilliant Uncirculated) Condition at $36.41 / ea with bank wire payment.
| This entry was posted on Friday, February 4th, 2011 at 10:12 pm and is tagged with panda coins, 1oz silver, obverse side, silver coins, lens front, temple of heaven, silver spot, uncirculated condition, bank of china, buying art, adult child, macro lens, pandas, bullion, face value, yuan, issuance, authenticity, panda, beijing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback. |
Cool, do these coins increase in value? Or is it just really the silver that increases?