1 gram Gold Coin - 2016 Gold Panda - China Mint
Pandas
The Gold Pandas were first minted in 1982 in 1 oz, 1/2 oz, 1/4 oz and 1/10 oz coins. In 1983, they introduced the 1/20 oz sized coins. Some years also include 5 oz and 12 oz Gold coins. In 2016, The People’s Republic of China began minting Gold Pandas in the metric system sizes to better suit the international appeal of the coins. Each year, the design of the panda changes making them highly collectible. The only year they did not change design was 2002, which used the same design as 2001. Collectors spoke up about this halt in the design changes, and the annual design changes resumed in 2003.
The People’s Republic of China issues and guarantees the quality of each Gold Panda coin. Gold Panda coins are minted from several mints each year. Those mints include but are not limited to Beijing, Shenzhen, Shanghai and Shenyang. Unlike the U.S. Mint, these Chinese Mints do not incorporate mint marks to distinguish the difference between each mint every year. Some years such as 1987 do feature a “Y” mint mark or “S” mint mark. The mints are also known for having minor differences in the design of the coin such as font size, small date, large date and designs of the temple in certain year’s mintages. With the annual change in design, and unique mint variations, the price of Gold Pandas has appreciated over time making them highly sought after by collectors and investors.
To add to their collectibility, the People’s Republic of China issues specialty designed Gold Panda coins for coin expositions. These designs usually feature similar panda designs with extra scrollwork or other design enhancing features along with the expositions name and variations in the Hall of Prayer for Abundant Harvests designs. These coins tend to be an exclusive purchase at the event, but can sometimes be found to purchase by the public.
- Obverse: Depicts the Hall of Prayer for Abundant Harvests in the Temple of Heaven in Beijing encircled by "People's Republic of China" in Chinese closed off by the year of issue, 2016.
- Reverse: Features a single panda resting on a tree branch.
- Guaranteed by the People's Bank of China.
Presentation & Mintage
This 1g Gold Panda Bullion Coin is presented in an individual protective clear acrylic coin capsule. Each bullion product comes with its own bullion bag.
Production will cease at the end of 2016.
Specifications
Precious Metal Content |
(Troy oz) |
0.32 |
Fineness |
(% purity) |
99.99 |
Minimum Gross Weight |
(g) |
1.00 |
Monetary Denomination |
(Yuan) |
10.00 |
Maximum Diameter |
(mm) |
10.00 |
Maximum Thickness |
(mm) |
0.83 |