Wednesday, June 12th 05:58 PM IST

Jim Rogers and his love for Gold coins

# gold  # silver coins  # Jim Rogers  # China Panda Proof coins  

It is also possible that Jim Rogers could have large number of China Panda Proof coins which are in great demand due to the annual design change that captivates collectors.

SHANGHAI (Bullion Street): His love for gold is well known but perhaps not the coins. Legendary investment guru Jim Rogers who untila few years ago a strong advocate of investing in gold and subsequently a votary of agri-commodities has never lost his love for gold coins despite the strong vicittitudes the yellow metal has gone through in recent years.

Jim Rogers who was recently in Shanghai to attend a meeting is said to have bought gold coins, a habit he has maintained for years. He told Daily Economic News, a financial portal in Chian that China's currency could appreciate 300, 400 or 500% and one day dethrone the US dollar.He also said that gold prices may be bottoming out and bull market may be expected after that.

Jim Rogers has also been an active buyer of North Korean coins last and this year at fairs held in Singapore. He is reported to have bought 13 gold goins featuring century old generals and most of the silver coins. He wanted to buy more, but the companies who participated in the fair ran out of stocks, according to news reports.
Commenting on his investments in North Korean coins, Rogers said earlier that it is the only possible investment in North Korea.

It is also possible that Jim Rogers could have large number of China Panda Proof coins which are in great demand due to the annual design change that captivates collectors.

The 2013 Panda proofs are already out and New York Mint. a private distributor of coin and currency, which has secured some quantiy of these cons said that China Mint first struck the first Panda coins marking the beginning of the most popular and sought afer coin issues in the world.

The 2013 one-year-only design features a group of three pandas drinking and a bamboo background on the reverse, and the obverse of the coin features the Prayer Hall in the Temple of Heaven. These proof coins have been struck with highly polished dies in an exacting minting process which demands scrupulous attention to detail and the highest levels of craftsmanship.

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