Chinese Panda Gold Coins
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Purity | Weight (g) | Fineness | Min. Gold Content (g) | Price £ |
One Once Panda | 31.1036 | .999 | 31.103 | £2,000.69 |
Half | 15.5517 | .999 | 15.55 | £1,000.38 |
Quarter | 7.7758 | .999 | 7.776 | £500.19 |
Tenth | 3.1103 | .999 | 3.11 | £200.05 |
Twentieth | 1.5552 | .999 | 1.55 | £99.70 |
Full Chinese Panda Set | £3,801.02 |
Starting in 1982, the Shenzhen Guobao Mint of China has produced a limited edition collection of 99.9% pure gold bullion coins called the Chinese Pandas. Portraying the image of their namesake, the Giant Panda, on the obverse face of the coin, these coins are a popular collectors item. The reverse side of the coin features the Beijing Temple of Heaven.
The Giant Panda is only found in one place in the world, central China, making it an internationally recognized symbol of the country. Like the Kangaroo featured on the Australian Nugget, the animal was chosen for the line of coins because collectors easily associated the animal with the coins country of origin. In addition, the whimsical coloring of these black and white bears, coupled with their playful nature, makes them a favorite animal among thousands of people around the world, thus encouraging the purchase and use of these coins as jewelry components or gifts. Over the years, the various Chinese Panda coins have been incorporated into the design of pendants, watches, rings, bracelets and other jewelry items. They have also been a favorite souvenir item for individuals visiting the country of China.
To maintain the public interest in these Chinese Panda coins, the Shenzhen Guobao Mint has decided to change the obverse design every year to portray a different scene featuring the Panda bears. The 2010 Chinese gold Panda features a pair of Panda bears playing in a bamboo thicket. As in previous years, the Chinese Panda coins are shipped from the Shenzhen Guobao Mint protected by a plastic capsule and the coins are offered in sizes of 1-ounce, half-ounce, quarter-ounce, tenth-ounce, and the twentieth-ounce.
Due to their value to coin collectors, the Chinese Panda coins often command prices far in excess of the value of the precious metal they are made from or even their face values. During the year 1987, at the peak of the Chinese Panda coin collectors frenzy, several one ounce 1982 Chinese Panda coins were sold in excess of $3,000 each. The face value of the coin, 500 Yuan, would have made it worth $73.94 (U.S.). The gold content, at today's gold spot price of $1,024. per troy ounce, sold for more than double its value.
In today's market, the Chinese Panda coins from the earliest editions, including the year 1982, are still highly sought after but their value is no where near their value in the late 1980's. Today's collectors seem to be more interested in the dated Chinese Panda coins from the early 1990's as these coins are increasingly rare due to low mint numbers.
Interesting Chinese Panda Coin Fact
In the year 1987, the Chinese government issued Chinese Pandas in several different varieties. These variations were regular issues Pandas with two distinct mint marks, a elegantly boxed Proof Set with a third mint mark packaged in a lacquered box with silk lining, and the 5 and 12 Ounce giant Panda coins, which were the approximate size and shape of a hockey puck, thus earning them the nickname among collectors. The 1987 collector of Chinese Panda coins would have invested an amazing $20,000 just to purchase one of each of these coins for that year.
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