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Chinese Platinum Panda
The Chinese Platinum Panda is a series of platinum coins of China produced from 1987 to 2005. The series is named after the image of giant panda printed on the reverse of all coins. The People's Bank of China minted 8,300 one-ounce Platinum Panda coins between 1987 and 1990 with a face value of 100 yuan. Additionally, 5,450 ounces of platinum were used for coins of smaller denominations in the 1990s through the first decade of the 21st century. Minting was discontinued in 2005, mostly due to the increasing price of platinum; while in 1990 the price was about US$490/oz, it crossed the $2,000 mark in the summer of 2008. All Platinum Pandas, except for coins of 2004–2005, are very rare and their availability can not be judged from the minted volumes. This is partly because some coins had been remelted. Mintages See also * Chinese Gold Panda * Chinese Silver Panda * Platinum coin Platinum coins are a form of currency. Platinum has an international currency symbol under ISO 4217 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Platinum Coin
Platinum coins are a form of currency. Platinum has an international currency symbol under ISO 4217 of XPT. The issues of legitimate platinum coins were initiated by Spain in Spanish-colonized America in the 18th century and continued by the Russian Empire in the 19th century. As a form of currency, these coins proved to be impractical: platinum resembles many less expensive metals, and, unlike the more malleable and ductile silver and gold, it is very difficult to work. Several commemorative coin sets have been issued starting from 1978 and became popular among coin collectors. The major platinum bullion coins include the American Platinum Eagle, the Canadian Platinum Maple Leaf, the Australian Platinum Koala, the Isle of Man Noble, the Chinese Platinum Panda, the Austrian Vienna Philharmonic and several series by the Soviet Union and later by the Russian Federation. History Platinum was first used for minting coins in Spanish-colonized America. Following the discovery of plati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Giant Panda
The giant panda (''Ailuropoda melanoleuca''), also known as the panda bear (or simply the panda), is a bear species endemic to China. It is characterised by its bold black-and-white coat and rotund body. The name "giant panda" is sometimes used to distinguish it from the red panda, a neighboring musteloid. Though it belongs to the order Carnivora, the giant panda is a folivore, with bamboo shoots and leaves making up more than 99% of its diet. Giant pandas in the wild occasionally eat other grasses, wild tubers, or even meat in the form of birds, rodents, or carrion. In captivity, they may receive honey, eggs, fish, yams, shrub leaves, oranges, or bananas along with specially prepared food. The giant panda lives in a few mountain ranges in central China, mainly in Sichuan, and also in neighbouring Shaanxi and Gansu. As a result of farming, deforestation, and other development, the giant panda has been driven out of the lowland areas where it once lived, and it is a conser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Bank Of China
The People's Bank of China (officially PBC or informally PBOC; ) is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by the People's Bank Law and the Commercial Bank Law. It is a cabinet-level executive department of the State Council. History The bank was established on December 1, 1948, based on the consolidation of the Huabei Bank, the Beihai Bank and the Xibei Farmer Bank. The headquarters was first located in Shijiazhuang, Hebei, and then moved to Beijing in 1949. Between 1950 and 1978 the PBC was the only bank in the People's Republic of China and was responsible for both central banking and commercial banking operations. All other banks within Mainland China such as the Bank of China were either organized as divisions of the PBC or were non-deposit taking agencies. From 1952 to 1955 government shares were added to private banks to make state-p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Yuan
The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. The yuan ( or ) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The renminbi is issued by the People's Bank of China, the monetary authority of China. Valuation Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its pur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 stock, p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Yuan
The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. The yuan ( or ) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The renminbi is issued by the People's Bank of China, the monetary authority of China. Valuation Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its pur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 poli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Silver Panda
The Chinese Silver Panda () is a series of silver bullion coins issued by the People's Republic of China. The design of the panda is changed every year and minted in different sizes and denominations, ranging from 0.5 troy oz. to 1 kilogram. Starting in 2016, Pandas switched to metric sizes. The 1 troy ounce coin was reduced to 30 grams, while the 5 troy ounce coin was reduced to 150 grams. There is also a Gold Panda series issued featuring the same designs as the Silver Panda coins. History The first Silver Panda coins—issued 10 yuan Panda bullion in 1983, 1984, and 1985—were proof quality, with a precious metal content of 27 grams of 0.900 fine silver and a diameter of 38.6 mm. Mintages were only 10,000 for each year. No Silver Pandas were issued in 1986. The 1987 Silver Panda coins were minted in proof quality from 1 troy oz. of sterling (.925 fine) silver, with a diameter of 40 mm. There are several mints that produced Silver Panda coins over the years, incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Platinum Coin
Platinum coins are a form of currency. Platinum has an international currency symbol under ISO 4217 of XPT. The issues of legitimate platinum coins were initiated by Spain in Spanish-colonized America in the 18th century and continued by the Russian Empire in the 19th century. As a form of currency, these coins proved to be impractical: platinum resembles many less expensive metals, and, unlike the more malleable and ductile silver and gold, it is very difficult to work. Several commemorative coin sets have been issued starting from 1978 and became popular among coin collectors. The major platinum bullion coins include the American Platinum Eagle, the Canadian Platinum Maple Leaf, the Australian Platinum Koala, the Isle of Man Noble, the Chinese Platinum Panda, the Austrian Vienna Philharmonic and several series by the Soviet Union and later by the Russian Federation. History Platinum was first used for minting coins in Spanish-colonized America. Following the discovery of plati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Giant Pandas
The giant panda (''Ailuropoda melanoleuca''), also known as the panda bear (or simply the panda), is a bear species endemic to China. It is characterised by its bold black-and-white coat and rotund body. The name "giant panda" is sometimes used to distinguish it from the red panda, a neighboring musteloid. Though it belongs to the order Carnivora, the giant panda is a folivore, with bamboo shoots and leaves making up more than 99% of its diet. Giant pandas in the wild occasionally eat other grasses, wild tubers, or even meat in the form of birds, rodents, or carrion. In captivity, they may receive honey, eggs, fish, yams, shrub leaves, oranges, or bananas along with specially prepared food. The giant panda lives in a few mountain ranges in central China, mainly in Sichuan, and also in neighbouring Shaanxi and Gansu. As a result of farming, deforestation, and other development, the giant panda has been driven out of the lowland areas where it once lived, and it is a conservati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bullion Coins Of China
Bullion is non-ferrous metal that has been refined to a high standard of chemical element, 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 language, Anglo-Norman term for a melting-house where metal was refined, and earlier from French language, 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 in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
