Types of Gold Coins: The Chinese Gold Bullion Panda
Among the various types gold coins minted in China, there is one the popularity of which never diminishes. This is the Chinese Gold Bullion Panda Coins.
Types of Gold Coins: Chinese Panda
China made a mark for the first time in the gold market in 1982 when it minted the Panda series of gold bullion coins. Two remarkable things about the Chinese Panda Gold Coin are:
• Its reverse side which features the panda bear changes ever year.
• It is a limited edition minted coin.
Features of the Chinese Panda Gold Coin
Gold Content
The actual content of gold in this coin minted by China is 1 troy ounce, which is 31.103 grams.
Purity
Its fineness is calculated to be .999, 24 karat gold.
Face Value
They are currently minted under face values under denominations of 25, 50, 100, 200 and 500 Yuan. It is minted in different ounce sizes which can be 1/2, 1/4, 1/10 and 1/20.
Design
The edges of this 99.9% fine gold coin are reeded. On the obverse side it reflects the ‘Temple of Heaven’ which was designed in 1982. On the reverse side, its design includes different illustrations of giant pandas which change every year.
Years of Minting
The first Chinese Panda gold bullion coin was minted in 1982 and every year henceforth new limited edition coins are minted.
Minted by
They are official legal tender coins which are issued by the Peoples’ Bank of China. They are minted in Shenyang and Shanghai.
Largest Mintage
In 2010, 300,000 one ounce Chinese panda gold coins were minted.
Smallest Mintage
In the first year of issuing, that is in 1982, the smallest number of 13,352 Chinese panda gold coins was minted.
2011 Chinese Panda
The latest Chinese Panda gold bullion was minted in 2011. This is the 29th design of this ever-so famous series of 0.999 gold coin minted in China. The design on the obverse size is the same with the image of the Temple of Heaven. However, on the reverse side, the illustration for 2011 is that of a parent panda with a baby panda.
This coin is one of the most popular coins minted across the globe. This limited edition minted gold coin with its design, gold content and purity has appeal to many collectors that find they desire the Chinese gold bullion Panda.
