Monday out on a limb

Monday out on a limb

We all have our bromides we use to describe Mondays. We have a love-hate relationship with Mondays. Those who love Mondays see it as a new beginning and to start the week on a high note. Others see is as another week of more of the same and another way for things to get worse.

As for me, I make sure I get enough coffee so that I can make it through just about anything.

Rather than dwell on the fact it is Monday and that there is a lot of news even before the day begins, I would rather start with something better. Prettier. More pleasing than anything else. I give you the 2016 Panda silver bullion coin just added to my collection.

The People’s Bank of China, through its subsidiary Panda Gold Coin, have been striking bullion coins with the image of a panda since 1982. Up until 1999, the images have been almost cartoon-like in nature. Starting in 2000, they hired a new artist who turned the panda image into a fantastic work of art.

The skill of the artist and die makers combine matte and shiny images with fine details to come up with an image that not only endures but keeps these coins selling at a premium. Even with their higher mintages since 2010, I have seen sales of the silver coin up to three-times its original sale value.

Making it more of an interesting coin if you want to collect and have a nice investment is that even with the weight change in 2015. Prior to 2015, the coin was made of one troy ounce of silver or about 31.1 grams. Starting in 2015, the coin was struck using 30 grams of silver.

When the change was discovered after not being officially announced, the industry was up in arms. Why? Because some felt they were being short-changed on 1.1 grams of silver for the same price, sort of like paying for 12 ounces of coffee that comes in the same 16-ounce can (I remember back when that was a newsworthy topic). At the current price spot price of $18.41 per troy ounce, 1.1 grams of silver is only 65-cents.

Somehow, I don’t think 65-cents is going to make a difference in the beauty of the coin.

Rather than worry about 1.1 grams of silver, I just love the coins and was able to purchase one this weekend. As for Monday, I would rather look at the beauty of the panda climbing out on a limb than whatever limb I end up climbing!

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