Chinese Gold Panda 1 oz
Investment potential, popularity and charm combine to make the Brilliant Uncirculated Chinese Gold Panda 1 oz coins a top choice for buyers. The series began in 1982 and they portray a seated Panda holding a bamboo stalk.
It’s important to note that the Chinese Gold Panda 1 oz has been struck in each year since 1982 (1983, 1984 and so forth up to and including 2015). In each of these subsequent years the gold weight of the Chinese Gold Panda has been 1 troy oz (31.1 grams) of pure gold.
In 2016 the China Mint decided to change this international standard and created a new gold panda which contains 30 grams of pure gold (.9645 oz). So now you have essentially two groups of Chinese Gold Pandas – those struck between 1982 and 2015 which contain one pure ounce of gold and those struck in 2016 which contain slightly less than one ounce of pure gold.
For this reason there are now two “buy” and “sell” spreads (See 2016 Chinese Gold Panda 30 grams). This generic page offers our live “buy” and “sell” prices for the most common 1 oz mint state coins in original holders minted from 1982 through 2015. Some years are “better” meaning they are worth more money and for these you can call for current prices.
The new coins quickly became a favorite of collectors and prices for many of the early year’s production rose dramatically. The China Mint also surprised everyone by changing the coins’ design. This practice continues to the present day and helps keep interest in the series high.
Each year collectors eagerly await the latest coins. Many buyers wish to own at least one example of each year’s design and seek out both new and older coins to form sets. By many measures Chinese Pandas are the world’s most popular animal. They are used as symbols for everything from cars to kitchenware. Part of their charm is their tranquil nature and distinctive coloring. In keeping with this Chinese tradition coins often feature images of pandas peacefully munching on their preferred diet of bamboo leaves.
Indeed, according to the artists who design the coins the Panda is meant to be a symbol of peace and friendship between China and the rest of the world. Chinese Gold Panda 1 oz coins were originally export items intended to only be sold outside of China.
The largest markets were the USA, Japan and Germany. However, over the last 15 years China itself has become the biggest market for gold Pandas. Today Chinese Gold Panda 1 oz coins are sold not only in coin shops, but also on Chinese TV and in Chinese banks. This coincides with the country becoming one of the world’s largest consumers of gold.
The ever-expanding Chinese market holds the promise of greater demand for Chinese Gold Panda 1 oz coins in the years to come. It also supports prices and provides depth to the market. All in all Chinese Gold Panda 1 oz coins offer one of the best and most interesting ways to invest in gold and silver bullion. They offer guaranteed purity, international recognition, a liquid market and the added bonus of strong interest from coin collectors.
Visit our Audio Gold News Page for information on the precious metals market. Updated daily by Ken Edwards.