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May 28, 2024
Chinese Henan Province has yielded the world's oldest mint, dating back to 800–450 BC. The major money in ancient China was copper, iron, lead, gold, and silver coins that varied in shape, weight, and design. Metal coins appeared circa 770 BC–476 BC, but it wasn't until 118 BC that the emperor cast the Wuzhu coin.
The Northern Song Dynasty (960–1127 CE) used iron coins because copper was hard to come by in Sichuan. Each 1,000 big iron coin weighed 11 kg.
The Ming Dynasty took over in the middle of the 1300s, and the Qing ruled from the middle of the 1600s to the early 1900s. During these eras, a lot of silver came into China and competed with copper coins for economic power.
In the 1100s, the Song government made the first coins out of paper and silk. At first, banknotes could be exchanged for copper and silver coins. Later, they were changed into "fiat money."
Panda Series coins: The Chinese Mint released Panda coins in 1982. Collectors and investors love these coins because they depict China's national animal, the giant panda.
Denominations: Available Gold Panda Coin Sizes (1g, 3g, 8g, 15g, 30g, 150g, 1kg). Every year, collectors eagerly await the Chinese Silver Panda bullion coin. Collectors compare the series to the Australian Silver Kangaroo and American Silver Eagle.
The Gold Panda has the same design as the Silver Panda, except it carries 500 yuan instead of 10. Gold Pandas come in 30–1-gram sizes. Gold coins usually have a smaller mintage than silver coins. Low mintage and accurate striking of elaborate patterns make Chinese Panda coins, gold, or silver, awaited year after year.
Design: The Chinese Mint releases a yearly Panda series with fresh designs for each metal. The reverse of the coins bears an original panda design each year, along with the year of issuance and face value. The front always shows Beijing's Temple of Heaven. The yearly release of a new Panda series with a one-year-only design has made collecting a date set difficult and created considerable demand and price increases for these coins.
The China Mint released another distinctive design in 2019 to honour the crimson moon, with red jade on the reverse. The 2021 medallion featured the first Super Incuse Moon Festival Pandas in a magnificent blend of super incuse and high relief surfaces, giving an inspirational impression with numerous “layers” of relief. This Panda series comes in 1 oz. and 1-kilogram quantities like the original.
Lunar Series: Popular Chinese Mint coin sets include the Lunar Series. Since 1981, the series has included a new reverse design each Chinese Lunar New Year. The series celebrates all 12 Chinese zodiac animals, with a new animal each year.
The zodiac year's animal emblem is shown in stylized or realistic portraits on the reverse. The design includes the animal's Chinese character.
People like the Year of the Dragon Lunar Series coins. Dragons are sacred to China because they are strong, lucky, and powerful. Because the dragon is so important to culture, both versions of the coin have become very popular with collectors and their prices have gone up.
In the Year 2020, the design that boomed was Autumn/White Tiger of the West and Black Warrior (Xuan Wu) of Winter/North. In 2021, the Spring/East Azure Dragon and Summer Vermillion Bird of the South design became famous.
Recent releases include platinum, palladium, and coloured coins. Bullion investors and numismatists love the Lunar Series' variety of metals, sizes, and collectables.
Graded Chinese Mint Coins
Get into the world of numismatics with coins from MS60 to MS70. Each one is of the highest quality and most skillfully made. Here are the amazing MS70 coins, which are the perfect coins in every way. Beautiful coins like these are made with great care, leaving no room for mistakes. But the MS60 coins, while still beautiful, have marks on them from when they were made at the mint.
Get your coins graded by NGC or PCGS when you buy from a safe seller. Keep the world safe by keeping and handling coins the right way. Don't handle coins too much and keep them in harmless plastic cases.