In 1982, the People's Republic of China introduced the Chinese Gold Panda bullion coins, they minted the coins in proof quality, which gave them a mirror-like finish.
The Chinese Gold Panda bullion coin has had some changes since its first year of production.
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Changes to the Reverse Inscriptions - Weight & Purity
Design / Photos / Coin Information
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The Chinese Gold Panda bullion coin is a series of gold bullion coins introduced, in 1982, by the People's Republic of China.
The Gold Panda bullion coins were introduced in the following sizes:
The coins are produced with a purity of .999 gold. (ozt. = troy ounce)
In 1983, the 1/20th oz. Chinese Gold bullion coin was added to the series.
The gold panda bullion coins are issued in Proof-like quality with a different panda design each year.
In 2001, the Chinese government decided to stop changing the design every year and thus the 2001 and 2002 Gold Pandas are identical. (see photos in mintage section below)
However, after opposition to the change was voiced by bullion investors and collectors, China quickly changed their policy in 2003 and reverted back to their original policy of a new panda image every year.
Since the Chinese started producing the Gold Panda Bullion coin they had always inscribed, on its reverse side, the coin's weight in troy ounces - 1/2oz, metal content - Au, and purity - .999.
In 2015, the inscriptions of the weight, content and purity of the coin was completely removed, on the reverse side, on all the gold and silver panda bullion coins. (See photo)
The removal of the inscribed information about the coin made some bullion dealers and investors uneasy because it made it easier for counterfeiters to reproduce the coin.
Of all the bullion coins produced in the world, the Gold and Silver Chinese panda bullion coins are the most counterfeited.
To learn more about how to spot a counterfeit Silver or Gold panda bullion coin, click here.
However, in late 2014, it was rumored that in 2015 the Chinese were going to change the coins weight from ounces to grams and that the removal of the coin's inscriptions was in preparation for this change.
The coin's weight did not change in 2015, but it was believed that the Chinese would make the change in 2016.
As expected, in 2016, the Chinese
Gold Coin Corporation changed the weight of the all their bullion coins
from troy ounces to grams.
The 1/2 oz. Gold Panda bullion coin changed to the '15gram' Gold Panda.
Half of a troy ounce is equal to 15.55 grams and as you will read in the short excerpt, below, the change from ounces to grams makes it easier for those who commonly use the metric system to buy and or trade the bullion coins.
The following excerpt, taken from a CHNGC article, is about the change from troy ounces to grams...(a translator will be needed if you click the "a CHNGC article" link)
"This version of Panda coins weighing unit all from "ounce" to "G", can be described as a very bold attempt, after all, "ounces" is the common international gold unit of measurement for broader, better integration the global market, "g" changes to foreign investment Jicang's recognition of the fact there are unknown risks"
"But for Chinese people, especially for the non-specialist collection of Chinese people, the order "g" instead of "ounce" is undoubtedly applaud favor."
"Ounce" in the eyes of the Chinese people is a very obscure word, such as 1/3 oz, 1/10 oz 1/20 ounce gold coin actually has multiple, if the value of the market price of gold and silver to calculate what is How much, these people seem very vague, even if the final figure out the relationship between ounces and grams, must have been some complex conversion and calculations in order to obtain results."
It is often said that the Chinese Gold Coin Corporation, the Chinese Government entity that produces all the country's bullion coins, likes to fulfill the requests of its purchasers, the weight change for the Panda Bullion Coins is an example of this.
The Chinese characters across the top of the coin "中 華 人 民 共 和 國" translates into the "People's Republic of China."
The obverse side of the Chinese Gold Panda half oz. coin displays the Temple of Heaven, located in Beijing, China.
The Temple of Heaven was constructed in the early 15th century, during the reign of the Yongle Emperor, who was also known for building the Forbidden City in Beijing.
Located at the bottom of the gold bullion coin is its "Year of Issue."
To learn more about the Temple of Heaven, click here.
The reverse side of the Chinese Gold Panda bullion coin changes each year with an image of one or more of the beloved Chinese Pandas.
Located at the top of the Chinese Gold Panda half oz. bullion coin's reverse side is its face value of "200 Yuan."
On the pre-2015 1/2 oz. Chinese Gold Panda bullion coins, the coin's weight, content (Au) and purity (.999) were inscribed along the bottom of the coin.
The edge on the 1/2oz. Gold Panda coin is Reeded.
Face Value:........200 Yuan
Gold Content:.....1/2 Troy oz.
Total Weight:......15.55 grams
Purity:.............99.90% / .9990
End of this Design:..2015
Although, in 2015, the inscription of the coin's size and weight were removed, the bullion coin was minted in the same weight and size as the 2014 gold panda bullion coin.
The only change made to the obverse side of the 15 gram Chinese Gold Panda is the Year of Issue.
Displayed in the center of the gold bullion coin is the Temple of Heaven, located in Beijing, China.
The Chinese characters across the top of the bullion coin say "Zhonghua Renmin Gongheguo" meaning "People's Republic of China."
The year of issue is inscribed along the bottom of the gold bullion coin.
The edge of the bullion coin is Reeded.
The reverse side of the 15 gram Chinese Gold bullion coin shows a Giant Chinese Panda holding on to a large tree branch.
The face value of the 15 gram gold bullion coin of "200 Yuan" is located under the panda.
Inscribed along the bottom of the bullion coin is the coin's weight of "15g" (15gram) , content "Au" (gold) and purity of ".999".
Gold Content:.......15 grams (.4822 troy oz)
Face Value:........200 Yuan
Purity:............99.90% / .9990
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