China issued its first gold coins picturing a Panda design in 1982, in sizes of 1, 1/2, 1/4, and 1/10 troy oz. of 999 fine gold. Beginning in 1983 another size was added - 1/20 oz. Larger Panda coins were issued in some years, weighing 5 and 12 oz. These popular coins are issued in Prooflike Brilliant Uncirculated quality with a different design each year. A freeze of the design was announced with the 2001 issuesâ€”and thus the 2002 Pandas were identical to 2001. But collectors spoke up in behalf of annual changes, and China reverted to their original policy. There are several mints that produce these coins, including but not limited to: Beijing, Shenzhen, Shanghai and Shenyang. Unlike coins made by US mints that carry mintmarks to distinguish their origin, Chinese mints usually do not employ mintmarks. In certain years there are minor variationsâ€”in the size of the date, style of the temple, etc.--in the coin design that allow the originating mint to be determined. Limited edition proof sets comprising all five sizes were also issued in 1986, 1987, 1988 and 1989.
The gold pandas are legal tender in the People's Republic of China, and are currently issued in face value denominations of 500, 200, 100, 50 and 25 Yuan; from 1982 through 2000 they were issued in denominations of 100, 50, 25, and 10 Yuan with the 5 Yuan added in 1983. These correspond with 1, 1/2, 1/4, 1/10 and 1/20 Troy ounces of gold, respectively. An exception is 1991, when 1 gram gold pandas were minted, issued in the denomination of 3 yuan.
||.9999 (24 karats)
|Fine Content (grams)
||See above for details.
||1982 - Present
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