Sought after the world over, Chinese Gold Panda coins can be as rare as the cherished and engendered creature from which they take their name.
30-Gram Chinese Gold Panda Coin: A Collector and Investor Favorite
The 30-Gram Chinese Gold Panda coin is somewhat of an anomaly in the world of coins in that it straddles the bullion-numismatic divide. Since 1982, the People’s Republic of China has released these legal-tender coins in various weights and mintages, changing the design of the Panda on the obverse every year except for two. These factors can all contribute to the rarity and popularity of Chinese Panda gold coins, making some years much more valuable and challenging to get one’s hands on—an experience much closer to collecting a numismatic coin than a gold round. Whether collecting coins or investing in gold, Chinese Panda gold coins can be an exciting and profitable endeavor.
Chinese Gold Panda Coins Convey Abundance, Harmony, and Peace
While the design and number of Pandas on the reverse varies from year to year, the 2016 version features just one of these adorable symbols of peace and harmony resting on the limb of a tree in a forest of bamboo. The Hall of Prayer for Abundant Harvests in the Temple of Heaven, one of the oldest Taoist temples, represents wealth and abundance on the obverse. “Zhonghua Renmin Gongheguo,” or the “People’s Republic of China” is inscribed in Chinese characters above the temple and the year, 2016, below it. Thanks to the rich gold colors and backdrop of deep engravings, the images “burst” out of the coin in a brilliant display.
2016 30-Gram Chinese Gold Panda Coin Specs:
|Face value||500 yuan|
|Composition||99.9% pure gold|
Interesting Facts about the 30-Gram Chinese Gold Panda Coin
- The Chinese government attempted to stop the tradition of changing the panda artwork annually in 2001 and 2002; however, after strong public criticism, it was reinstated in 2003.
- 2016 Chinese Gold Panda coins are issued in grams instead of troy ounces: instead of 1 troy ounce, ½ ounce, ¼ ounce, 1/10 ounce, and 1/20 ounce, the coins can be now be purchased in sizes of 30 grams, 15 grams, 8 grams, 3 grams, and 1 gram, respectively. Some speculate the change was to accommodate the growing demand for gold coins in China, which uses the metric system.
- The citizens of China were prohibited from owning gold from the 1950s to 2004.
Collect or Invest in a 30-Gram Chinese Gold Panda Coin Today
Intrigued by the 30-Gram Chinese Panda gold coin and want to learn more? Have questions about collecting or investing in gold coins in general? Scottsdale Bullion & Coin can help. Call SBC at 1-888-812-9892 today.