Chinese Gold Panda
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The Chinese Gold Panda is a series of gold bullion coins issued by the People's Republic of China. It changes its design every year and comes in different sizes, from 0.1 troy oz to 1 troy oz with different denomination reflecting the weight.
The yearly change of design creates a steady demand for these bullion pieces regardless of gold price fluctuations. Gold Pandas encourage use of coins in jewelry because the one ounce coins are set in necklace mountings, and the smaller sizes are sold in pendants, bracelets, and earrings. Panda coin jewelry has become quite an item in the U.S., and the rest of the world.
[edit] Specifications
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[edit] Background
Pandas are struck at the Shenzhen Guobao Mint in sizes of 1-ounce, half-ounce, quarter-ounce, tenth-ounce, and the tiny twentieth-ounce. Each coin is sealed at the mint individually in a flexible plastic holder. These .999 fine gold Panda series were one of the most successful bullion coins of the 1980's.
