Chinese Gold Panda
The Chinese Gold Panda () is a series of gold bullion coins issued by the People's Republic of China. The Official Mint of the People's Republic of China introduced the panda gold bullion coins in 1982. The panda design changes every year (with a single exception) and the Gold Panda coins come in different sizes and denominations, ranging from (and larger ones as well). There is also a Silver Panda series issued with the same designs as the Gold Panda coins. History China issued its first gold coins picturing a panda design in 1982, in sizes of of 99.9 fine gold. Beginning in 1983 another size was added – . Larger panda coins were issued in some years, weighing . These popular coins are issued in prooflike brilliant uncirculated quality with a different design each year. A freeze of the design was announced with the 2001 issues—and thus the 2002 pandas were identical to 2001. But collectors spoke up in behalf of annual changes, and China reverted to their original policy. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gold
Gold is a chemical element; it has chemical symbol Au (from Latin ) and atomic number 79. In its pure form, it is a brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal, a group 11 element, and one of the noble metals. It is one of the least reactivity (chemistry), reactive chemical elements, being the second-lowest in the reactivity series. It is solid under standard temperature and pressure, standard conditions. Gold often occurs in free elemental (native state (metallurgy), native state), as gold nugget, nuggets or grains, in rock (geology), rocks, vein (geology), veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as in electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Face Value
The face value, sometimes called nominal value, is the value of a coin, bond, stamp or paper money as printed on the coin, stamp or bill itself by the issuing authority. The face value of coins, stamps, or bill is usually its legal value. However, their market value need not bear any relationship to the face value. For example, some rare coins or stamps may be traded at prices considerably above their face value. Coins may also have a salvage value due to more or less valuable metals that they contain. Overview The face value of bonds usually represents the principal or redemption value. Interest payments are expressed as a percentage of face value. Before maturity, the actual value of a bond may be greater or less than face value, depending on the interest rate payable and the perceived risk of default. As bonds approach maturity, actual value approaches face value. In the case of stock certificates, face value is the par value of the stock. In the case of common stoc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Giant Pandas
The giant panda (''Ailuropoda melanoleuca''), also known as the panda bear or simply panda, is a bear species endemic to China. It is characterised by its white coat with black patches around the eyes, ears, legs and shoulders. Its body is rotund; adult individuals weigh and are typically long. It is sexually dimorphic, with males being typically 10 to 20% larger than females. A thumb is visible on its forepaw, which helps in holding bamboo in place for feeding. It has large molar teeth and expanded temporal fossa to meet its dietary requirements. It can digest starch and is mostly herbivorous with a diet consisting almost entirely of bamboo and bamboo shoots. The giant panda lives exclusively in six montane regions in a few Chinese provinces at elevations of up to . It is solitary and gathers only in mating seasons. It relies on olfactory communication to communicate and uses scent marks as chemical cues and on landmarks like rocks or trees. Females rear cubs for an a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Silver As An Investment
Silver may be used as an investment like other precious metals. It has been regarded as a form of money and store of value for more than 4,000 years, although it lost its role as legal tender in developed country, developed countries when the use of the silver standard came to an end in 1935. Some countries mint bullion and collector coins, however, such as the American Silver Eagle with nominal face values. In 2009, the main demand for silver was for: industrial applications (40%), jewellery, bullion coins and silver exchange-traded product, exchange-traded products. In 2011, the global silver reserves amounted to 530,000 tonnes. Millions of Canadian Silver Maple Leaf coins and American Silver Eagle coins are purchased as investments each year. While these bullion coins are legal tender, they are rarely used at shops. However, "junk silver" coins, which were originally minted for circulation, can still be found in circulation, albeit rarely, and are common targets in the practice ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Platinum As An Investment
Investment in platinum is often compared in financial history to gold and silver, which were both known to be used as money in ancient civilizations. Experts posit that platinum is about 15–20 times scarcer than gold and approximately 60–100 times scarcer than silver, on the basis of annual mine production. Since 2014, platinum prices have traded at a discount to gold. A significant portion of global platinum is mined in South Africa. Overview Platinum is extremely Scarcity, scarce even when compared to other precious metals. New Mining, mine production totals approximately less than each year. In contrast, gold mine production runs approximately annually, and silver mine production is approximately annually. Platinum is traded on the New York Mercantile Exchange (NYMEX) and the London Platinum and Palladium Market. To be saleable on most international markets, platinum ingots must be metallurgical assay, assayed and hallmarked. Platinum is traded in the spot market wi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Inflation Hedge
An inflation hedge is an investment intended to protect the investor against— hedge—a decrease in the purchasing power of money—inflation. There is no investment known to be a successful hedge in all inflationary environments, just as there is no asset class guaranteed to increase in value in non-inflationary times. Conventional strategies for protecting wealth from inflation normally involve diversification into traditional assets like common stocks, gold, fixed-income securities, and real estate, but new strategies have value-generating assets like solar photovoltaics. Overview Inflation can impact investment decisions by making it difficult to predict future prices. This makes it risky to invest in certain assets, such as commodities, that may be impacted by inflation. Inflation can erode the value of investments over time. This is why it is important for investors to consider inflation when making investment decisions. ''Barron's Finance & Investment Handbook'' state ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gold As An Investment
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has been the most effective safe haven across a number of countries. Gold price Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries, until recent times. Many European countries implemented gold standards in the latter part of the 19th century until these were temporarily suspended in the financial crises involving World War I. After World War II, the Bretton Woods system pegged the United States dollar to gold at a rate of US$35 per troy ounce. The system existed until the 1971 Nixon shock, when the US unilaterally suspended the direct convertib ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bullion Coin
A bullion coin (also known as a specie) is a coin struck from highly refined precious metal (bullion) and kept as a store of value or an investment rather than used in day-to-day commerce, or collectable, with numismatic value beyond that of its metal content. A bullion coin is distinguished by its weight (or mass) and fineness on the coin. Unlike rounds, bullion coins are minted by government mints and have a legal tender face value. Bullion coins can have fineness ranging from 91.9% (22 karat) to 99.99% purity (24 karat). In the United Kingdom coins deemed to be investment coins are exempt from value-added tax (VAT) on transactions. A coin is considered to be an investment coin if it was minted after 1800, and at least 900 thousandths fine, and has been legal tender in its country of origin, and not normally sold at more than 180% of the value of its precious metal content; or if it is on a long list of coins deemed to be investment coins. This Web page links to the current list ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bullion
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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American Gold Eagle
The American Gold Eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Because the term "eagle" also is the official United States designation for the pre-1933 ten dollar gold coin, the weight of the bullion coin is typically used when describing American Gold Eagles (e.g., "1/2-ounce American Gold Eagle") to avoid confusion with the pre-1933 coins. This is particularly true with the 1/4-oz American Gold Eagle, which has a marked face value of ten dollars, the same as that of its predecessor. Details Offered in 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz denominations, these coins are guaranteed by the U.S. government to contain the stated amount of actual gold weight in troy ounces. By law, the gold must come from sources in the United States, alloyed with silver and copper to produce a more wear-resistant coin. In addition, sales of these and other specie coins fro ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Metric System
The metric system is a system of measurement that standardization, standardizes a set of base units and a nomenclature for describing relatively large and small quantities via decimal-based multiplicative unit prefixes. Though the rules governing the metric system have changed over time, the modern definition, the International System of Units (SI), defines the metric prefixes and seven base units: metre (m), kilogram (kg), second (s), ampere (A), kelvin (K), Mole (unit), mole (mol), and candela (cd). An SI derived unit is a named combination of base units such as hertz (cycles per second), Newton (unit), newton (kg⋅m/s2), and tesla (unit), tesla (1 kg⋅s−2⋅A−1) and in the case of Celsius a shifted scale from Kelvin. Certain units have been Non-SI units mentioned in the SI#Units officially accepted for use with the SI, officially accepted for use with the SI. Some of these are decimalised, like the litre and electronvolt, and are considered "metric". Others, like ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Yuan (currency)
The yuan ( ; currency sign, sign: ¥; ; ) is the base unit of a number of former and present-day currency, currencies throughout Greater China, China. A ''yuan'' () is also known colloquially as a ''kuai'' (; originally a lump of silver). One ''yuan'' is divided into 10 ''jiao'' () or colloquially ''mao'' (). One ''jiao'' is divided into 10 ''fen'' (). Modern usage The term "yuan" usually refers to the primary unit of account of the renminbi (RMB), the currency of the People's Republic of China. RMB banknotes start at one Yuan and go up to 100 Yuan. It is also used as a synonym of that currency, especially in international contexts – the ISO 4217 standard code for renminbi is CNY, an abbreviation of "Chinese yuan". (A similar case is the use of the terms pound sterling, ''sterling'' to designate British currency and ''pound'' for the unit of account.) The symbol for the yuan (元) is also used in Chinese to refer to the currency units of Japan ''(Japanese yen, yen)'' and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |