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Archive for August 28th, 2006

The First Gold Sovereign

The gold sovereign came into existence in 1489 under King Henry VII. The pound sterling had been a unit of account for centuries, as had the mark. Then, for the first time a coin denomination was issued with a value of one pound sterling.The obverse design deplicts the King seated facing on a throne. It […]

Panda gold coin

China issued its first gold coins picturing an adorable Panda design in 1982, in sizes of 1, 1/2, 1/4, and 1/10 troy oz. of 999 fine gold. Ever since then, these Panda coins have appreiciated in value many times over bullion price. Although Panda gold coins are issued as bullion coins, they usually command a […]