Introduction of the Chinese Gold Panda coin

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As panda is a very significant and national symbol of China, China used this symbol to represent them in their gold bullion coins. It is also due to the fact that the animal is endangered that panda is being featured in the Chinese Gold coins.

The Chinese Gold Panda coins series has become very popular in the gold market and its demands are continually rising despite the fluctuations in gold prices. What distinguishes the gold panda coins from the rest of the gold coins is the fact that the design of the coin showing the panda changes every year and that the coins are minted individually as limited edition. The first gold Panda coins were produced at the Shanghai Mint in 1982 in 1oz, 1/2oz, 1/4oz and 1/10oz sizes. Since then, the Shenyang and Shenzhen mints began producing the coins with new denominations added and the coins also minted in silver, platinum and palladium.

Chinese Pandas, for instance, are the most counterfeited bullion.

I want my gold to be unquestionably 100% authentic and trusted. Guaranteed. Nothing is more important. I own gold to counterbalance fiat currency and paper investment risk, making physical gold the opposite of risk. Why would I risk buying gold in a form I don’t trust, especially when many buyers also lack trust in it? With hundreds of trusted options available, there’s no reason to take that chance.

However, Gold Pandas from the 80s often fail this test and frequently develop copper spots, so I avoid them. Chinese Pandas aren’t typically favored by stackers and are more for collectors. They are available at local coin stores around spot price, but their association with the CCP and counterfeiting risks make them less popular.

They were one Troy ounce of gold until 2015, after which they switched to 30 grams.

Buying gold and silver in 1-ounce coins, bars, or rounds is the easiest way to ensure authenticity using a sigma precious metals verifier.

Personally, I would pay a premium to collect one of each year and metal type due to their collectability. I’ve managed to collect a few gold and platinum variations, which are definitely not bad coins. However, it’s a pity they short you a few grams per Troy ounce.

Regarding the popularity of Chinese Pandas, it appears that their premium has been declining over the past few years, both for gold and silver versions. Contemporary Pandas are now widely produced and easily marketable, resulting in less substantial premiums compared to coins like American Eagles, Canadian Maples, or Austrian Philharmonics. However, vintage Pandas, especially those from the 1980s, can still command significant premiums in the collector’s market.

80′ Chinese Panda coins typically command a premium in the market, typically ranging between 100 to 200 usd over the spot price for the 1-ounce variant. It is advisable to verify the specific release dates of these coins, as certain editions with lower mintages tend to fetch higher prices. However, it’s worth noting that your local coin shop (LCS) may offer to buy them at or slightly below the spot price. Alternatively, you might consider selling them in the range of $2,000 to $2,100 per ounce on platforms like facebook

For reference, you can check the NGC Coin Price Guide for more detailed information on Chinese Panda coin values:

The mintage of 25,000 for these coins can be considered relatively normal for their era.

However, compared to most gold coins with mintages in the millions, it still falls on the lower side. It would be insightful to learn what offers you receive for these coins from your LCS, as their buy prices can vary depending on the coin and the specific LCS. In my previous inquiries, I found that LCSs often offered prices slightly below the spot price for gold.

The question of whether the decline in popularity is solely political in nature is subjective. While older Panda coins, such as the one you have, contain a full ounce of gold, newer releases are standardized at 30 grams. Personal preferences and ethical considerations play a role in individuals’ purchasing decisions, with some choosing not to buy coins from countries they have political objections to. Ultimately, gold remains a universally recognized and valuable asset, but individual preferences often lead collectors to favor coins from specific countries, such as U.S. coins, old Mexican coins (20 and 50 pesos), or pre-1933 gold coins, based on personal and historical affinities.

Facts about the Chinese Gold Panda coin.

  • Those coins are very common after 2008. There are just way too many. The older ones do seem worth collecting at a decent price though. But premiums are high.
  • Mintage thought to be less than 7500 for the small date. There’s an auction in Monte Carlo each spring. Last year was centered around old Pandas coins.
  • Pandas from the 1980s are rising in value fast.
  • pre 2016 gold pandas weighed 31.1036 g, from 2016 they weigh 30 gr.

The face value of a one-ounce Chinese Gold Panda coin is 100 yuan and its fineness is .999, 24 karats. The actual gold content of the coin is 1.0 troy ounce, which is 31.103 grams but it is also minted in many other sizes such as one-half ounce, one-quarter ounce, one-tenth ounce, one-twentieth ounce sizes. In 1982, it was the first year the Chinese Gold Panda coin was released and it is known that the original and revised mintages of the smallest one-ounce Chinese Gold Panda coin are 15,815 and 13,352 respectively. The coins are created and done by many cities such as Shenyang, Shenzhen, Shanghai and Beijing.

Usage of the Chinese Gold Panda coin.

Since there are variations in the design of the Chinese Gold Panda coin with each passing year, this will create diversity in the coins and thus, consumers are willing to pay the extra amount for the change in designs. The gold pandas have also been used for jewelry, which has been quite a hit in worldwide, especially in the U.S. For example, the one-ounce coins are able to be used for necklace mountings. Another example is that accessories such as bracelets, pendants and earrings are made with the Chinese Gold Pandas coin that is smaller than 1 ounce.

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