About the China Panda 1 oz Gold Coin
By StoneX Bullion
China Panda 1oz Gold Coin Characteristics
The success of the China Panda 1oz gold coin started from the beginning of its minting, in 1982. The Chinese government issued other denominations as well, except the 1oz that has a face value of 500 Yuan. These denominations are 1/20oz, 1/10oz, 1/4oz, and 1/2oz.
The China Panda 1oz gold coin displayed on our website was minted in 2012. It weighs 1 troy ounce or 31.10 grams out of which 99.9% is pure gold. It therefore has 24 carats fineness.
The China Panda 1oz gold coin is so desirable and this reality does not stop only to collectors and investors, it also spreads to the jewelry industry. This industry uses this denomination to make necklaces.
China Panda 1oz Gold Coin Changing Design
The design, more exactly the reverse of this Chinese gold coin, changes every year. It was an only exception in 2001 which had the same design as the 2002 edition. Since the changing design is the big attraction for this coin, since then the situation did not repeat itself. We are now going to present the engravers found on the China Panda 1oz gold coin issued in 2012.
The obverse of the China Panda 1oz gold coin illustrates the Temple of Heaven. At the top of the coin in Chinese characters (Zhonghua Renmin Gongheguo) is inscribed the issuing country People's Republic of China. At the bottom is the minting year 2012.
The reverse of the China Panda 1oz gold issued in 2012 depicts the figures of a small and a big panda in the natural habitat. The denomination 500 Yuan is inscribed and at the bottom the weight and the purity 1oz AU .999.
China Panda 1oz Gold Coin Investment
The China Panda 1oz gold coin with it changing design every year is a bullion coin that is desired by investors and collectors at any time. Its price fluctuates in function of the gold spot price. However, regardless of the level at which the gold price is situated, this Chinese coin minted in 2012 is still sought after by everyone.
As presented above, those investors that for the moment are in the difficulty of acquiring the China Panda 1oz gold coin due to its slightly higher price because it weighs 1 troy ounce, they can choose lower denominations which are also available on our website.
People all over the world are just in love with the China Panda 1oz gold coin that depicts every year different portraits of pandas. This high demand can considerably increase the value of these Chinese coins. An example would be that a Panda 1oz gold coin that was minted in 1982 was sold in 1987 for more than 3,000 dollars. And do not forget that at that time the price gold was situated at a level of US $400.
The Chinese people are encouraged by their government to invest in bullion gold because it will always be in demand and it is a safe investment. The China Panda 1oz gold coin is a perfect choice because its mintage is quite limited and there are not so many coins left in circulation since there are also used in the jewelry industry so the scarcity plus its bullion characteristics transform this coin into a great investment.