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It is no surprise to Gold Silver Bitcoin that the Chinese Gold Panda coin has grown to be one of the most popular gold bullion coins in the world.
The Chinese Gold Panda is one of the finest gold bullion coins available to investors. The People’s Republic of China has made headlines due to its massive gold stockpiling. The Chinese Mint first introduced Panda gold bullion coins in 1982, and similar to the Australian Gold Kangaroo or the Australian Gold Nugget, the design of the Gold Panda changes annually (though there is one exception to this practice.)
The Gold Panda coins come in numerous sizes and denominations, ranging from 1/20 troy oz to 1 troy oz (as well as larger ones).
The Chinese Gold Panda is similar to the Silver Panda series issued with the same designs as the Gold Panda coins.
China issued the very first gold coin featuring a Panda in 1982, with the gold denominations of 1 ounce troy, 1/2 ounce troy, 1/4 ounce troy and 1/10 troy oz. of .999 fine gold.
In 1983, a new Gold Chinese Panda denomination was added – the 1/20 ozt. gold Panda. Larger Panda coins were of 5 troy ounces and 12 ozt. were announced in 2001. In 2002, the Chinese Mint issued gold bullion Chinese coins with the same design as the previous year, but Chinese Gold Panda investors spoke up and the Chinese mint reverted to the old policy of changing the design of the Chinese Gold Panda and Chinese Silver Panda each year.
Among the Chinese Mints which mint the coins are Beijing, Shenzhen, Shanghai and Shenyang. Unlike coins made by US mints, which carry mintmarks so as to determine their origin, Chinese mints usually employ no such mintmarks. There are in some years minor variations – size of the date, style of the temple – in the coin design allow one to decipher mint origin.
The Chinese Gold Panda obverse shows the Temple of Heaven in the center with Chinese character on top saying “Zhongua Renmin Gongheguo” which means Peoples Republic of China and the bottom features the year of issue. The Temple of Heaven can be found in central Beijing and was constructed in the early 1400s. If the coin is a commemorative Chinese Gold Panda, the theme will be marked on the obverse.
On the reverse of the Chinese Gold Panda is a new portrait except for 2001 and 2002 which features the same Gold Panda design.
The China Gold Coin Corporation (CGCC) distributes the Chinese Gold Panda coins and the Chinese Silver Panda coins. Panda America has been an official distributor since 1982.
Chinese gold pandas are legal tender in the People’s Republic of China. The Chinese Gold Panda comes in face value denominations of 500, 200, 100, 50, and 24 Yuan; from 192 to 2000, their originals denominations of 100, 50, 25 and 10 Yuan (with 5 Yuan added in 1983) were produced. These figures correspond with the 1 ounce Gold Panda, the 1/2 Gold Panda, 1/4 Gold Panda, 1/10 Gold Panda and 1/20 Gold Panda. Save for one exception: The 1991 1 gram Gold Panda, issued in the denomination of 3 yuan.
Three decades in, a look at every year of the Gold Panda Coin: