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The Official Mint of the People's Republic of China introduced the panda gold bullion coins in 1982. [1] The panda design changes every year (with a single exception) and the Gold Panda coins come in different sizes and denominations, ranging from 1 ⁄ 20 to 1 troy ounce (1.6 to 31.1 grams) (and larger ones as well). [2] [3] [4] [5]
This information returned in 2016 when the 1 troy ounce coin was replaced by the 30-gram coin (one troy ounce is approximately 31.1 grams). [1] The official distributor in China for the Silver and Gold Panda coins is the China Gold Coin Incorporation (CGCI). As of 2020, the highest-priced coin is a perfect 1983 proof panda worth $16,430. The ...
Chinese Panda coins are bullion coins issued by the People's Bank of China. Issued first in 1982, [1] Chinese panda coins have become the gold standard of the precious metal coins produced by the People's Republic of China. Produced in various sizes to satisfy demands from investors and collectors, the series continues to this day where the ...
[1] Under United Kingdom law, a coin is considered to be an investment coin, and hence transactions in it are not subject to value-added tax (VAT), if it is minted after 1800, and at least 900 thousandths fine, and has been legal tender in its country of origin; or if it is on a list of coins deemed to be investment coins. [2]
(1) both the 5 oz. silver lunar coin and the 5 oz. silver panda coin were debuted, (2) the 5 oz. silver lunar coin was the first of the series to be over 99% pure silver, and (3) the 5 oz. silver coin had a face value of 50 yuan, even though it contained over 10 times as much silver as the 15 g silver coin, which had a face value of 10 yuan.
This huge success of the Krugerrand encouraged other gold-producing countries to mint and issue gold bullion coins of their own, including the Canadian Gold Maple Leaf in 1979, [15] the Australian Nugget in 1987, [15] [16] the Chinese Gold Panda in 1982, [17] [18] the American Gold Eagle in 1986, [15] [17] and the British Britannia coin in 1987 ...
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