1g China Panda Gold Coin | 2022
Alongside the American Eagle, the Canadian Maple Leaf, the South African Krugerrand, and the Australian Kangaroo coin, the Chinese Gold Panda is one of the five most highly respected investment coins in the world.
It differs from the other ‘big five’ collectible coins in one significant regard: the pattern of the Chinese Gold Panda, with a single notable exception, changes every year.
This is, of course, an interesting aside for clients who are looking to diversify their investment portfolio or buy gold as a ‘safe-haven investment’ in uncertain times.
But for coin collectors — those who are specifically looking for interesting and remarkable coins to enhance their private collection — this makes the Chinese Gold Panda coin a particularly appealing and popular choice.
And explains why, in 2002, the decision to produce coins with an identical design to the 2001 issue was resisted by collectors. The policy was reversed — and the annual design changes were reinstated.
The Chinese Gold Panda coin was first issued by The People’s Bank of China on September 15 1982 and, so far, 41 sets have been issued.
Legal tender in The People’s Republic of China, they are currently issued in denominations of 500, 200, 100, 50 and 10 yuan with total weights, respectively, of 30g, 15g, 8g, 3g, and 1g. Most major global mints issue coins in troy weights — however, in line with the standard system of weights used in the People’s Republic of China, the metric system of grams was introduced in 2016 to replace the more conventional troy ounces system.
The 40th Anniversary 2022 issue comprises 14 gold and silver coins. There are eight common coins and six refined coins, two of which contain 30 grams of 99.9 percent pure platinum — the first issuance of platinum commemorative coins since 2005.
This 2022 1 gram Chinese Gold Panda coin is struck from 24 carats (0.999 fine) gold and contains 1g (0.0322 troy ounces) of the precious metal with a face value of 10 yuan. The diameter of the coin is 10mm with a thickness of 0.83mm.
The design for the 40th Anniversary Issue celebrates the Beijing 2022 Olympic Winter Games.
First hosted in the French mountain town of Chamonix, the Olympic Winter Games have since been held every four years (apart from 1940 and 1944). The twenty-fourth games, due to take place between the 4th and 20th of February 2022, will be the first to be held in the People’s Republic of China.
The obverse shows The Temple of Heaven in central Beijing — a UNESCO World Heritage Site, the Temple of Heaven is recorded as ‘a masterpiece of architecture and landscape design which simply and graphically illustrates a cosmogony of great importance for the evolution of one of the world’s great civilizations.’ The Chinese inscription for the ‘People’s Republic of China’ appears at the top of the coin; the year ‘2022’ is underneath.
The reverse features two panda cubs playing in the snow — a charming reference to Beijing 2022. Also included is a special 40th Anniversary logo showing the number 40 (with a panda forming the zero) together with the 10 yuan denomination.