Facts About Chinese Gold Coins

By Georgia Diaz


Chinese gold coins are exclusively made from this precious metal with no added impurities. They are mostly sold to collectors or used as bullion. Bullion is used when making investments and is considered much safer than the stock markets as its prices rarely dip below acceptable levels. It was used as a currency by many countries around the world in the old days.

Compared to other precious minerals, it has very good attributes thereby making it very expensive. It does not react easily and has a very high density making it very difficult to counterfeit. It can be melted into blocks and back into coin form without it losing its value.

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.

Any person or investor who would like to buy this type of coin, can do so by either purchasing the old money or in form of bullion. The old money can be used tell a lot about the history of this territory that dates back two millenniums. These pieces have indeed evolved over the years.

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.

This particular type of coinage whose purity is . 999 gold has a very small mintage as compared to other coins from the USA such as the American eagle or the Maple Leaf from Canada. It is however very popular and is used to make earrings, bracelets and necklaces. This therefore makes this metal very precious and a must have for any real collector looking to expand his collection.

Several websites are available that make it possible to buy this particular type of coin online. As with any purchase it is important to find out more about the store or company that is selling it. In as much as collectors are experienced in their profession, they should always take precaution when undertaking any transaction with an unknown dealer. Apprentice collectors may need to approach the gurus for advice on what to check for.

Chinese gold coins are among the most sought after by collectors from all around the world. Many people have gone to China with an aim to understand and gain knowledge on this particular product. For a collector, it is important to have an understanding on the history behind each item added to the existing collection. This is not only for the purpose of being able to explain it to enthusiasts, but to also enable a collector understand the value of each item he currently has in his collection.

Should decide to go for the old coin, you are going to gain from its historical significance. The danger is the value of that is devalued in the real economy sector. The point of interest is that it is extraordinary and very few individuals could have it. One could be lucky to get gold money that could be more than 2000 years.

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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