The Chinese Gold Panda is one of the most highly anticipated coins released each year in the precious metals market. For those who follow this coin from year to year will notice a significant change in this year’s coin. Ditching the Troy ounce weight measurements, Chinese Gold Panda coins now feature Gram weights. The 2016 100 Gram Proof Chinese Gold Panda Coin is now available for purchase from JM Bullion.
Coin Highlights:
- The first ever 100 gram Proof Gold Panda!
- Ships to you in a commemorative case including Certificate of Authenticity.
- Contains 100 Grams (3.2 oz) of .999 pure gold.
- Issued a face value of ¥1,500 (Yuan) by the Chinese government.
- Bears the latest Panda design from the Chinese Mint.
- Temple of Heaven depicted on the reverse.
Since their introduction in 1980, Chinese Panda coins in both silver and gold have been offered with weights listed in Troy ounces. The standard measurement used for the vast majority of bullion and proof coins around the globe, the Chinese government has opted to shift focus and adopt the metric system.
In keeping with the nation’s use of the metric system for weights and measures, all Chinese Panda coins from the 2016 release year (and forward) will be weighed and marked in Grams instead.
On the obverse of the coin is the all-new panda design from the Chinese Mint. A new image of the cuddly creatures features on the coin each year, and this year depicts a panda as it climbs along a tree trunk. Engravings on this face include a Chinese symbol for panda and the coin’s weight, metal content, and purity.
The reverse shows you an image of the external facade of the Temple of Heaven, which is located in south-central Beijing. This image has appeared, unaltered, on the reverse of Chinese Panda coins since their first year of issue.
The Chinese Mint is overseen by the government and controlled by the People’s Bank of China. It not only produces bullion and proof coins such as the 2016 100 Gram Chinese Gold Panda, but also circulation coins and banknotes.
If you have any questions, we encourage you to reach out to JM Bullion. Our associates are available on the phone at 800-276-6508, online using our live web chat, or by sending us an email.