Introduced in 1982, this 99.999% fine gold coin has been a huge favorite among collectors. The 2012 edition Gold Panda is the 30th coin in the series!
The series is minted by the People’s Republic of China. The Chinese Mint has branches in Beijing, Shenzhen, Shanghai, and Shenyang. The Chinese government guarantees each coin’s purity, content, and weight.
|Gold Weight:||1 troy ounce / 31.103 grams|
|Face Value:||500 Yuan|
|Diameter:||32.05 mm. / 1.26 in.|
|Thickness:||2.70 mm. / 0.11 in.|
|Front Obverse Side:||The Hall of Prayer for Good Harvest, from the Temple of Heaven in Beijing. This side has been only slightly modified over the years.|
|Rear Reverse Side:||Panda. New design each year.|
|Mint:||The official mint of the People’s Republic of China|
History of the Chinese Gold Panda Coin:
This coin started the very first limited edition gold bullion coin series. It prompted premium prices in addition to the metal price. The long history of the Chinese Panda has made it popular with both collectors and investors. Also, early in the series, jewelers took a liking to the coin and mounted 1 oz pandas in necklace mountings and used the smaller coins in pendants, bracelets, and earrings. Rising demand for gold in China is attracting even more collectors to the Chinese Panda and the Chinese gold market. Chinese gold buying is certainly on the rise.
In 2001 the Chinese mint announced that the design would no longer change, but in 2003 popular demand prompted a new design.
This coin has a “Prooflike Brilliant Uncirculated” quality.
Gold in Chinese characters is 金