China Panda 8g Gold Coin 2016
The China Gold Panda fractional coin series comes in 15g, 8g, 3g and 1g. For those investors who are new to the metric system of grams we have provided a brief explanation of the Panda’s switch from ounces to grams below. The Panda Gold coin offers investors a high level of purity along with a design that is rich in Chinese history. The reverse side of the coin shows an image of the Temple of Heaven in Beijing, which is one of China’s oldest Temples.
Key Dimensions
The key dimensions for the 8 gram China Panda gold coin is listed below.
| Purity | Fineweight | Diameter | Nominal Value |
|---|---|---|---|
| 999/1000 | 8 g | 22 mm | 100 Yuan |
History
An interesting development of the Gold Panda is that staring in 2016 the system of troy ounces is being replaced with the metric system of grams. The troy ounce system of measurement has been around since the Roman Empire.
However, measurement in troy ounces has largely been a Western based system. The switch from ounces to grams may have been due to China wanting to further differentiate the Panda from other coins in the global market as well as make the Panda more attractive to collectors.
Advantages
The China Gold Panda is a top quality bullion coin in the market. The measurement in grams should not dissuade investors from considering the Panda. Each coin in the series has a fineness of 999 pure gold.
The variety of coin sizes in the fractional series is anther benefit, as investors who are looking for smaller weight coins have four options.
- 1/2 oz has been converted to a 15 gram coin
- 1/4oz has been converted to a 8 gram coin
- 1/10 oz has been converted to a 3 gram coin
- 1/20 oz has been converted to a 1 gram coin
Current year Panda’s are sou ght after gold coins by both investors and collectors from all over the world.
Product Details
- Country of origin: China
- Embossing year: 2016
- Fineness: 999/1000
- Fine weight: 8 g
- Scratch resistance: poor
| Metal | Gold |
| Form | Gold Coin |
| Country of Origin | China |
| Issuer | China Gold Coin Incorporation |
| Manufacturer | China Mint |
| Series | China Panda |
| Purity | 999/1000 |
| Fineweight | 8 gram |
| Gross Weight | 8.00 gram |
| Year of issue | 2016 |
| Grade | Brilliant |
| Condition | Circulated |
| Face value | 100 Yuan |
| Thickness | 1.53 mm |
| Diameter | 22.00 mm |
| Mintage | 600000 |
| Packaging | sealed in original Packing |
| Packaging Unit | 10 per sheet |