2. Like other countries, China also minted Chinese gold
coins over the years, in fact centuries in order to reveal
how wealthy and powerful the nation the Chinese
nation is. Nowadays, most of them are just issued as
bullion but previously, people were fascinated by them
and often felt proud to reveal their gold treasures. It was
quite a common phenomena to have sacred treasures
like these.
3. It all started from trade of gold in Mediterranean many
years back, at that time these coins were not considered
as money but in fact they were regarded as a part of
someone's treasure. Chinese also started minting them
to increase their wealth and it was in the beginning of
6th century when China was self sufficient in its coin
treasure.
4. All around European and Asian countries, Chinese were
considered to be the most circulated ones. It was a fact
that all type of gold that was discovered during 6th
century up till beginning of 19th century was minted
into coins. As the First World War began, the process of
minting was totally seized by many nations.
5. Different countries named their coin differently, for
instance, Americans used to call them eagles, Britain
minted gold sovereigns whereas China call their's Yuan
Ying. Yuan means money and Ying is the captial city of
Chu State where the first ever coin was issued.
Therefore, even the name of the coin holds some
historical value.
6. After the First World War such valuable metal was no
more utilized as a form of cash. Till this day, coins are
issued yet they are viewed as bullion not cash like in the
earlier times. Some of them hold a lot of worth while
others are recognized as just conventional. Everything
hinges upon what kind of metal is utilized to make them
and if the valuable metal is in its unadulterated
structure or not.
7. One of the most popular varieties of Chinese coin is
known as Panda coin which was introduced in the year
1982 and since then every year a new design is issued by
the authorities. Although the design changes every year
but one particular thing remains the same and that is
the picture of panda on the coin. Only in 1997 a special
edition coin was issued with a different image and it was
called the Good Fortune Coin.
8. The history behind the issuance of them is just
fascinating because each variety has its own value and
story behind its issuance. You should remain careful
whilst purchasing them because there are bullion as well
as old varieties available out there to purchase, but
some of the old ones do not have any monetary value so
its not worth spending huge amount of money for them
unless you are a collector.
9. When it comes to Chinese gold coins there is a huge
amount of risk involved while purchasing them
especially if you have no idea about their real value. If
you have decided to purchase them you should always
go to an authentic dealer who could guide you in the
right direction and help you make the correct decision in
this regards.