Chinese Gold Panda Coins
Chinese Gold PandasOne of the most beautiful gold coins in the world today is the Chinese Gold Panda. These extremely collectible gold coins are always in high demand amongst investors and collectors because each mintage offers something different. The panda design, with only one exception, has changed every year since the coin was first introduced in 1982.
Minted officially by the Chinese government at several mint locations, 2016 marks a transitory year for the Chinese Gold Panda. Most gold coins, if they are marked with the weight of the gold, have that weight shown in ounces. These Chinese gold coins are marked in grams instead. This means collectors and investors have the option to purchase 3 gram, 8 gram, 15 gram, or 30 gram gold coins with a .999 millesimal fineness.
Why Are Chinese Gold Pandas So Popular?Hobbies are supposed to be relaxing and fun. Collecting gold coins also gives everyone the chance to make an investment at the same time. For the Chinese Gold Panda, the design offers a certain fascination to collectors because most people love pandas, which are an animal which is unlike any other animal in the world today.
Why do we like pandas so much? It's because the panda reminds each of us of ourselves in some way. Pandas sit up to eat, using their hands to chew on bamboo in a way that looks like humans sitting on the floor doing the same thing. Because these images are depicted on many of the designs of the Chinese Gold Panda, the love for these animals is then transferred over to the coin itself.
Pandas are also highly popular because of their distinctive eyes in adulthood. The dark eye patches make their eyes look bigger, which reminds parents of their children. This changes a person's natural response to the animal, wanting to protect and care for it, and that may be why collectors also wish to protect and care for these beautiful gold coins.
What Is the History of the Chinese Gold Panda?The 1 ounce Chinese Gold Panda was first produced in 1982, along with fractional sizes of 0.5 ounce, 0.25 ounce, and 1/10 ounce. Every coin is .999 fine gold. In 1983, the Chinese Mints introduced the 1/20 Chinese Gold Panda. Every mintage since has included all of these standard sizes, but some mintage years have offered some gold coins as large as 12 ounces.
The only year when the panda design didn't change for these gold coins was 2001. China had made the decision to freeze the design changes so that it would become a constant coin much like Austrian Gold Philharmonic, but many collectors and investors became upset over this decision. Because of this feedback, the decision was eventually reversed and design variations have been available ever since.
Like gold coins from the US Mint, there are several mints in China which produce the Gold Pandas every year. These coins do not bear a mintage mark, however, so it can be difficult to know what specific mint created every particular gold coin. Certain mints produce better details with their strikes, while others produce better finishes, but all of these gold coins have one thing in common: they are visually attractive and provide collectors with a glimpse of authentic Chinese culture.
The Design of the Chinese Gold PandaThe reverse of the coin is the changing panda design. Most designs show a panda spending time in its natural environment. The weight of the coin is included on the coin, as is the face value of the coin, which is offered in Chinese yuan. The only exception to this happened in 2015, when the reverse coin design did not always contain the weight or millesimal fineness of the coin.
The obverse of the Chinese Gold Pandas remains consistent from year to year. It features the Temple of Heaven, which was first built in the year 1420. The temple is located in Beijing and was often visited by emperors in previous dynasties for ceremonial prayers that were intended to bring about a good harvest. It took nearly 500 years for the temple to be open to the public, and in 1998, it was given UNESCO World Heritage Status.
The fractional sizes of the Chinese Gold Panda make for wonderful gifts. The 30g gold coins are a potential investment opportunity. This attractive gold coin may be difficult to find if you want a specific year, but in general, they are usually readily available. Discover your love for gold coins and pandas today and if you have questions, please feel free to ask them at your convenience.