The 2016 Chinese Gold Panda coins mark a significant change in the production of Chinas most popular bullion coin program. Since its inception in 1982, the Chinese Gold Panda has been struck and weighed by ounces. Starting in 2016, the Peoples Bank of China will issue the popular coins with weights listed in grams. Today, the all-new 2016 1 Gram Chinese Gold Panda Coin is available from Wallace Precious Metals.
- Maximum mintage set at 600,000 for worldwide distribution!
- Ships in original mint plastic.
- Contains 1 Gram (.03215 ozt) of .999 pure gold.
- Face value of 10 (Yuan) is fully backed by Chinese government.
- Bears the latest Giant Panda design.
First struck in 1982, the Chinese Gold Panda is the official gold bullion coin of the Peoples Republic of China. The coins were originally available in weights of 1 oz, oz, oz, and 1/10 oz. One year later the Chinese Mint added a 1/20 oz coin to the program, and phased in a 5 oz and 12 oz coin over time.
For 2016, the Chinese Mint has decided to release the Chinese Gold Panda coin with weights in grams, rather than ounces, to match the nations standard system of weights. The six coins announced to date include 5 gold coins (1, 3, 8, 15, and 30 Grams) and 1 silver coin (30 Grams).
On the obverse face of the coin youll find the latest image of the panda, the unofficial symbol of the Peoples Republic of China. The coin design features a mature adult panda as it climbs along a fallen tree trunk. In the background, a wall of bamboo shoots provides a beautiful backdrop. The coins face value, weight, metal content, and purity are engraved on this side.
The reverse features the Temple of Heaven from south-central Beijing. Above it is the engraving of Peoples Republic of China in Chinese characters, while the year of minting is featured below. While the image onthe obverse changes each year, this reverse image has remained the same since 1982.
Chinese Mint coins bear no mint marks, making them one of the few bullion coins from a sovereign mint to lack these identifying marks.
If you have questions, Wallace Precious Metals associates can help. Contact us at 212-391-2211, chat with us live online, or submit your questions via email.
Condition: Brilliant Uncirculated
Weight: 1 gram/.03215 ozt
Diameter: 10 mm
Purity: 99.9% Gold
Picture is an example only. Actual item is subject to change, but will always correlate with title and description.
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