Of all traded precious metals, palladium is certainly the most underrated. Not so long ago, palladium had a higher value than platinum. In fact, both platinum and palladium are undervalued right now. The market usually corrects these imbalances over time so now would be a good time to start investing in palladium while the price is still low. The choice of different palladium bullion coins is really limited at this time though. Once the palladium spot price starts to go up substantially, more mints can be expected to issue palladium coins regularly.
Palladium bullion coins are generally 99.95% pure. Whereas other precious metal coins are usually available in a wide variety of sizes, the only palladium coins that are currently issued in some years are the 1 oz Canadian Maple Leaf coins. Smaller 1/2 oz palladium coins were minted by the China Mint in the past. The various limited issues of Chinese Palladium Pandas are rarely traded online these days. Since all Chinese Panda coins are popular with collectors, expect to pay a collectability premium if you do find Chinese Palladium Panda coins listed for sale. The Canadian Maple Leaf palladium coins on the other hand trade much closer to the spot price of the metal and are also much easier to find available for purchase online.
The two coins listed on this page are/were produced by the Royal Canadian Mint and the China Mint. Only the Canadian Palladium Maple Leafs are still regularly minted at this time. Click on the provided links to buy the coins from respected dealers online, compare current prices or just simply find out more information.
The 99.95% fine Canadian Palladium Maple Leafs were the first palladium coins ever minted by the Royal Canadian Mint and the world's first regularly issued palladium bullion coins. The coins were first minted in November 2005 and production continued uninterrupted until 2007. After that, Palladium Maple Leaf coins were again minted in 2009 and 2015. That last year also saw the introduction of two new security features, radial lines as well as a special privy mark with the laser-engraved year of mintage. These features were implemented to prevent counterfeiting. The coins are only available with a brilliant uncirculated finish in the single available denomination of 1 oz. Their official face value is CAD $ 50 and they have legal tender status in Canada.
The Canadian Palladium Maple Leaf page gives more information about the coins and allows you to compare current prices.
In 1989, the 99.9% fine Palladium Pandas made their debut as a coin (commemorative proof Palladium Panda medals had been issued in 1988). A total of 3,000 proof 1 oz Chinese Palladium Panda coins was minted that year by the China Gold Coin Incorporation. The nominal face value of each of these coins was 50 Yuan.
The next Chinese Palladium Pandas came out in 2004. A total of 8,000 proof coins of the 1/2 oz denomination (100 Yuan face value) was minted that year. The same number of proof coins of the same denomination was minted again the following year 2005.
All three issues of the Chinese Palladium Panda coins bear the same panda design that was also used on that year's gold version of the coins.