China Panda 30g Gold Coin 2018
The China Panda 30 g Gold Coin 2018 is here! The popular China Panda gold coins are beautifully designed and have a fineness of 999/1000.
Since its introduction in 1987, the China Panda coin series has become a classic among precious metal investment products, enjoying ever-growing global popularity.
Due to the annually changing Panda motifs, the coin is popular with collectors and investors alike. The China Panda is among the coins that has developed a numismatic value and is a worthwhile investment.
Fine Weight, Fineness and Face Value
Since 2016, China Panda gold coins are no longer issued in ounces, but with the metric gram system. The 30 g China Panda 2018, the counterpart to the 1oz coin, has a fineness of 999/1000 and the denomination has remained the same at 500 yuan.
Fineness Fine Weight Diameter Nominal Value
999/1000 30 g 32 mm 500 yuan
The China Panda is issued in the following sizes:
Fineness Fine weight Diameter Nominal Value
999/1000 30 g 32 mm 500 yuan
999/1000 15g 27mm 200 yuan
999/1000 8g 22mm 100 yuan
999/1000 3 g 18 mm 50 yuan
999/1000 1 g 10 mm 10 yuan
Appearance
Value side
The value side of the China Panda gold coin remains the same with each edition, 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 year of embossing under the motif varies.
Scene side
On the back is the motif of the panda, which is a national symbol in China. Every year the image of the panda changes which make it interesting as a collector's coin. The 2018 edition depicts a large panda eating bamboo leaves.
In his right paw he holds a single bamboo branch with several leaves. Above the motif, the fine weight in grams, the element symbol for gold "Au" and the fineness "999" on a pattern of bamboo leaves can be seen. At the bottom of the coin, the denomination of the coin in the Chinese yuan denomination is shown on the same pattern.
Story
In China, the possession of gold was banned in 1949. All gold had to be sold to the Chinese People's Bank (except gold jewelry). On 1 September 1982, ownership of gold for private individuals was allowed again.
Inspired by increased demand for gold on the world market and the countries high gold reserves, China decided to release its own bullion coin. In 1982 the Chinese Mint launched the Panda Gold coin series in four different coin weights: 1oz, 1/2oz, 1/4oz, 1/10oz.
Advantages and Disadvantages
+ Relatively crisis-proof
+ Can be easily bought and sold worldwide
+ Gold coins have a history of preserving wealth over time
+ High quality gold coin with good brand name recognition
+ Is available in different weights and sizes
+ increasing value due to numismatics
Disadvantages of pure gold coins
- Fine weight of 999/1000 is very scratch sensitive
Details
Country of origin: China
Year of minting: 2018
Fineness: 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 | 2018 |
| 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 |