China Panda 30g Gold Coin 2017
The 2017 China Panda 30 g Gold Coin is available! Chinese Gold Pandas are recognized all over the world for designs that always feature panda bears. The popular China Panda gold coins were first minted in 1982 and have a fine content of 999/1000.
The Gold Panda is one of a small number of bullion coins to change its design annually. The only exception was in 2001 and 2002 when both years design was identical. The other distinctive feature is that the Panda is the only bullion coin to be minted in grams.
Fine Weight, Fineness and Nominal Value
In 2016, the Chinese Mint changed the weighting system of the panda from ounces to grams. The 30 g China Panda 2017, corresponds to .9465 ounces of pure .999 gold. The nominal value of 500 yuan has remained the same.
|
Fine content |
Fine Weight |
Diameter |
Nominal Value |
|
999/1000 |
30 g |
32 mm |
500 Yuan |
Weights since 2016
Since 2016, the China Panda has been minted in nine different sizes. The new standard weights are issued up to 30 g as mint-state investment version and also in proof.
|
Fineness: |
Fineweight |
Diameter |
Nominal Value |
|
999/1000 |
30 g |
32 mm |
500 Yuan |
|
999/1000 |
15 g |
27 mm |
200 Yuan |
|
999/1000 |
8 g |
22 mm |
100 Yuan |
|
999/1000 |
3 g |
18 mm |
50 Yuan |
|
999/1000 |
1 g |
10 mm |
10 Yuan |
The additional four weights of 50 g, 100 g, 150 g and 1 kilo are all issued in proof.
Appearance
Front:
The front of the China Panda gold coin remains unchanged, showing the Temple of Heaven (Chinese Tiantán) in Beijing. Above the temple are the words "People's Republic of China" in Chinese characters. Only the embossing year below the motif varies.
Back:
Every year, the reverse design of the panda changes, which draws more interest in the coin series. However, the back will always show the image of at least one panda as the main motif. The panda bear is an important national symbol in China and represents peace and friendship.
The motif of the China Panda 2017 shows a panda sitting in the grass, holding a bamboo tube in her hands. Bamboo plants can also be seen in the background. Inscripted on the back are the face value, weight, and fineness. Since 2015 the back of the gold pandas no longer provide a weight indication in oz.
History
In 1949 when the communists came to power in China, ownership of gold was prohibited. All gold had to be sold to the Chinese People's Bank (except gold jewelry). In 1982, the possession of gold for private individuals was allowed again.
Encouraged by increased gold demand in the world market and the high gold reserves in China, the official mint of the People’s Republic of China introduced the Gold Panda in 1982. The first Gold Panda series consisted of four different coin sizes: 1oz, 1/2oz,
1/4oz, 1/10oz.
Advantages and Disadvantages
+ High quality brand name gold coin
+ Easy to buy and sell anywhere precious metals are sold around the world
+ Gold coins can be stored in small spaces
+ Quickly convertible to any currency
+ Also available in small quantities
Disadvantages of gold coins:
- Fine weight of 999/1000 is very scratch-sensitive
Details
Country of origin: China
Year of printing: 2017
Fine content: 999/1000
Fine weight: 30 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 | 30 gram |
| Gross Weight | 30.00 gram |
| Year of issue | 2017 |
| Grade | Brilliant |
| Condition | Circulated |
| Face value | 500 Yuan |
| Thickness | 2.70 mm |
| Diameter | 32.00 mm |
| Mintage | 1000000 |
| Packaging | sealed in original Packing |
| Packaging Unit | 10 per sheet |