The Rise of the 30 Gram Gold Panda Coin | Chinese Mint’s Iconic Bullion

Overview

The Chinese Mint made Gold Panda coins for the first time in 1982. This was a big deal in the world of numismatics. The Panda money, which was developed by China as part of its strategy to enter the bullion market, received plaudits for its exquisite appearance and high gold purity. The inaugural coins were struck in a variety of denominations to satisfy the demand for collector gold coins that was present on a global scale. The panda, which stands for both Chinese culture and peace, was on each coin.

What Caused the Weight Change?

During the year 2016, the Chinese Mint made the transition from using 1 troy ounce to using metric weight, and they introduced the 30-gram Gold Panda as the new standard. The Chinese Mint made the transition from troy ounces to metric weights to accommodate the preferences of the Chinese people as well as the Asian market, which uses grams for commercial transactions and jewellery. The 30-gram Gold Panda is quite popular all around the world since it is both pure and beautiful.

Aspects of the Design

• • The Hall of Prayer for Good Harvests at the Temple of Heaven in Beijing, which is a well-known Chinese symbol, is shown on the obverse of the coin. "People's Republic of China" is written in Chinese characters on the outer ring, along with the year the issue was issued.
• • Every year, a new design of the giant panda, which is China's national animal, is designed to appear on the back of the coin. Because of its annual makeover, collectors like the Gold Panda because it transforms it into an investment and a piece of numismatic art. 

 What Makes It Stand Out from Other Bullion Coins

Unlike other bullion coins, the Gold Panda gets a new design every year. Due to this, the market is excited, demand is increased all over the world, and there is the possibility of appreciation that goes beyond the value of gold .

The Factor of Collection

The purity, elegance, and culture of the Gold Panda series are what make it so popular among collectors. For collectors, complete Gold Panda date runs have the potential to become costly collections because the design changes every year. The 1980s and 1990s Gold Pandas command large premiums over spot prices because they are extremely rare.