1991 Proof Coin Set
The Chinese Panda Gold Coin, which features an lovable image of a Panda bear, has turn out to be one of the most common premium-bullion coins. Here are twenty-one details about this unique gold bullion coin.
1. The Chinese language Panda coin was first issued in 1982, as a restricted-version gold bullion coin.
2. Each coin contains a cute Panda bear on the top side of the coin.
3. The 2008 Panda coin is the 26th totally different design within the sequence, featuring an adult Panda and a cub munching on a few cane stalks.
4. The gold Panda design was changed every year by way of 2000.
5. The Chinese authorities invoked a freeze on the design in 2001.
6. Only the 2001 and 2002 issues function the same design, however.
The gold panda coin forms a part of a set of gold bullion cash issued by the Folks’s Republic of China (PRC). The Chinese mint launched the Panda gold bullion coin in 1982 and what makes this collection so standard with collectors, is that design changes almost every year. Like other widespread gold bullion cash (gold eagle, gold maple leaf, Britannia and so on), the gold panda coin comes in completely different sizes (weights) beginning at 1/20 of a troy oz. ranging up to 1 troy oz.- though some special bigger ones are often also produced.
Again, in keeping with this type of bullion coin, it’s also denominated as authorized tender in the house nation.
Here are the present sizes/weights versus the face worth of the coins:
500 Yuan 1 Troy ounce
200 Yuan 1/2 Troy ounce
100 Yuan 1/4 Troy ounce
50 Yuan 1/10 Troy ounce
25 Yuan 1/20 Troy ounce
If you purchase coins dated pre- 2000 then the denominations are different and are 100, 50, 25, and 10 Yuan (with the 5 Yuan added in 1983). An fascinating & collectible variety in the sequence is 1991, when 1 gram gold pandas have been minted (worth of 3 Yuan.) If your pocket is deeper, the bigger Panda coins had been issued in some years. These weigh 5 and 12 oz. These are very talked-about cash and are issued in Brilliant Uncirculated quality. Once more, to reinforce collectability the design adjustments each year.
On the obverse of the coin there’s a illustration of the “Temple of Heaven” with the year of issue. On the reverse- and the rationale why these cash are wanted is a distinct portrait of panda each year. The 2001 & 2002 designs are identical- and on account of an interesting example of “Collector energy”, the mint returned to their unique policy of changing the design annually. Nowadays multiple mints produce these cash: e.g. Beijing, Shenzhen, Shanghai and Shenyang. However, there aren’t any mintmarks to differentiate the cash origin. For the connoisseur there are minor variations–in the measurement of the date, model of the temple, etc.–within the coin design that permits the originating mint to be recognized. All in all, if you are serious about including one other degree of curiosity to your gold bullion coin assortment- the gold panda coin is an effective starting point.
Till next time,
Happy gold coin collecting!
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San Francisco Mint’s American Eagle silver bullion
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