Chinese Gold Coins are state-of-the-art gold bullion products manufactured by the Chinese Mint. China has been producing gold coins for more than 2000 years. Yet, the modern Chinese Mint became famous for producing its remarkable commemorative coin collections, first minted in 1979, celebrating 30 years from the formation of the People’s Republic of China. However, its collection became truly popular for its Chinese Panda Gold Coin and Gold Chinese Lunar Series. The first Gold Panda coin was released in 1982 and every year since the coin’s design has changed, except for the 2002 edition which has the same design as 2001 Gold Pandas. The Chinese Gold Lunar Coin series carry the images of the Chinese Lunar Calendar’s symbols.
The impressive History of the Chinese Mint was strongly influenced by the World War II and the Chinese nation’s division. During the war, the Chinese nationalist government settled on the Island of Taiwan while the Chinese revolutionary communist force, led by Mao Tse Tung, was fighting with Japan. When the war ended, the Chinese Mint and the Bank of China became a part of a separate nation and country – Taiwan. Meanwhile, a new modern Chinese Mint of the People’s Republic of China was founded, even though its physical structure had been in place for 120 years as the Centralized Mint founded under the Qing Dynasty government in 1896. The new modern Chinese Mint was opened based on the Shangjing Mint and is called the China Banknote Printing and Minting Corporation. The mint’s current facilities are located in Nanjing, Shanghai and Shenyang.
Chinese Gold Coins are available in various sizes, designs and denominations. Their Chinese Mint produces gold coins of the most popular 1 troy ounce size, as well as fractional sizes like the 1/20 oz., 1/10 oz., ¼ oz. and ½ oz. Yet, Chinese Gold Pandas have been also issued in larger 5 ounces, 12 ounces, and 1 kilo weights. Another important change in Chinese Gold Panda coins’ size is that starting with 2016, the Chinese Mint replaced the old troy ounce system with the metric system of grams. So the sizes of 1/20, 1/10, 1/4, 1/2 and 1 oz. are substituted by 30, 15, 8, 3 and 1 gram with subsequent adjustments of the coins’ diameters. The second most popular Chinese Gold coin design, the Chinese Gold Lunar Series is issued in 8-gram gold coin options, as well as 1/10 oz., 1 oz., 5 oz., and 12 oz. weight editions. This coin series also features scalloped ½ oz. gold coins, ½ oz. and 1/3 oz. fan-shaped series, which have rounded trapezium shapes.
Chinese Gold Pandas are the most popular design of Chinese Gold Coin series. First released in 1982, these coins have been minted in 4 sizes, from 1/10 oz. to 1 troy ounce of pure .999 gold. In 1983, the 1/20 oz. coin was released and during years to follow , the coin was also produced in 5 ounce, 12 ounce, and 1 kg weights. Since the coin was first manufactured by the Chinese Mint, its design changes every year, with the exception of the 2002 Gold Panda Coin. China announced the freeze of the Chinese Gold Panda’s design in 2001, but due to a large number of complaints from collectors, the decision was reversed and the mint returned to its previous design variation policy.
Chinese Gold Pandas are legal tender gold coins backed by the People’s Republic of China. Their face values are 5, 50, 100, 200 and 500 Yuan, according to their weights, from 1/20 oz. up to 1 oz. The difference between the Chinese Gold Panda coins and other gold bullion coins is that they don’t have any engravings of their mint or facility. Yet, there are still some coin features, like the date, or the Temple of Heaven design, through which you can identify the facility where the coin was minted. The design for the reverse side of the coin changes every year (except for 2002), but always features a depiction of the beautiful panda. The yearly changing design contributes to collectors and investors eagerness to acquire the newly designed coins. The obverse side of the coin features in its center the image of the Temple of Heaven and the Chinese inscription of the country’ name (“Zhonghua Renmin Gongheguo”) on top of it. At the bottom of the obverse side is engraved the year of mintage and, on commemorative coin editions, it also contains the theme mark.
Chinese Gold Lunar Series coins are one of the most artistic coins available on the bullion market. These coins were released in several series with different sizes and designs, but always featured one of the iconic animals of the Chinese Calendar: the dragon, the snake, the horse, the goat, the monkey, the rooster, the dog, the pig, the mouse, the ox, the tiger and the rabbit. The first Gold Lunar Coin was released in 1981 and was followed by the remaining 11 8-gram gold coins. The rounded series was re released in 1988, 1997 and 2009, with 1 oz., 5 oz. and 12 oz. weight options. The most outstanding feature of the Chinese Lunar Series is the release of custom shapes: the first and second scalloped ½ oz. gold coins, the first ½ oz. and second 1/3 oz. fan-shaped series, the colored and the rectangular Chinese Gold Lunar Coins. This incredibly beautiful gold coin design is also available in 1/10 oz. fractional sizes and 1 kilo large options.
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