The Lure of Platinum – Part 3:
In this final article featuring platinum, we take a further look at the attractions of platinum as a choice for investors and collectors in the Chinese precious metal coins market.
Fourthly and finally, the mintage figures for platinum coins are very low. As discussed in Part 2, not only are there just a mere handful of different platinum coin types issued by the People’s Bank of China, but the mintage of these coin types is also highly restricted. It is the combination of these two factors which make Chinese platinum coins particularly rare, giving them great numismatic value.
At the same time, the vast majority of platinum coins were issued during the ’90s, when – in a similar fashion to many gold and silver coin types of that period – the actual mintage was significantly less than planned. Platinum coins often have mintages which are a mere fraction of the mintages of gold and silver coins with the same specifications and subject matter, with platinum coins in some cases having a mintage of just 1/10 of their gold counterparts.
All these factors give platinum coins a deservedly revered status among modern Chinese precious metal coins. Even those that do not collect them like to keep an eye out for market developments, purely out of curiosity and intrigue for these scarce and exquisite rarities. Platinum coins are some of the most challenging and yet most rewarding sets to collect – a set of all the 1/10 oz and 1/20 oz platinum Pandas being a prime example. Yes – they are rare, and yes – they do demand a healthy budget, but the satisfaction to be had in acquiring what is ultimately a beautiful work of art as well as a nugget of history is hard to put into words.
More information can be found in Part 1 and 2 of this article series. Alternatively, whether you are a complete platinum convert, or are just now thinking of dipping a toe in the platinum coins market, our coin store is the next place to go to.