Gold Investment Coin Panda 15g 2016
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Detailed description
Chinese Panda
China began issuing its first gold coins with the Great Panda motif in 1982 in five sizes weighing 1 ounce (500 Yuan denomination), 1/2 ounce (200 Yuan), 1/4 ounce (100 Yuan), 1/10 ounce (50 Yuan) and 1/20 ounce (20 Yuan). In 1987-88, 5 Oz coins were also minted, and in 1986-1990, even 12 Oz coins were minted.
"Chinese Pandas" have become one of the main investment coins in the world coin market. They are minted from the purest 99.9% pure 24 karat gold and despite their higher price, they are popular among investors and are a very common collector's item, mainly because of the annual reverse side change. The only exceptions were the 2000 and 2001 vintages, where the reverse motif is identical. In 2015, the coins were struck for the first time without weight and fineness markings.
In 2016, China switched to the metric system instead of the previously used Anglo-American system of imperial weight units in troy ounces. The coins are issued in five sizes for the first time in history, weighing 30 g (500 Yuan), 15 g (200 Yuan), 8 g (100 Yuan), 3 g (50 Yuan) and 1 g (10 Yuan), and are again stamped with weight and fineness (.999).
The reverse side of the coin shows a slightly different panda motif each year. The motif is complemented by the denomination, weight and purity (except in 2015).
As every year, the obverse of the coins traditionally shows a depiction of the Temple of Heaven in Beijing and the year of issue.
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