Chinese 1 oz and 30 gram Gold Panda Coins
Chinese Gold Pandas are one of the world’s few bullion coins to change designs each year adding to their collectibility.
Gold Pandas CollectibilityThe Gold Pandas enjoy enormous popularity across the globe because of their unique designs and their ability to appreciate. In 2016, the People's Bank of China decided to switch to the metric system, so the coins are labeled as 30 gram Gold coins instead of 1 oz Gold bullion. This does not change their value or collectibility, but since this was the first year of the change, the 2016 Gold Pandas could prove more valuable than other iterations.
China 1 oz Gold PandasGold Pandas enjoy a fantastic reputation in numismatics circles. However, the 1 oz Gold coins carry a face value of 500 yuan instead of just 10 yuan, and they are made with .999 fine Gold. Investors can buy these coins as an investment tool, while collectors can scoop up these coins as they become available, tracing the lineage all the way to the first minting in 1982. In 2016, the mint changed the weight system from ounces to grams, meaning the older Chinese coins will likely prove more valuable as the weight system is no longer used for Gold Pandas.
While not an exact conversion, the new gram sizes provide the closest metric equivalent to the similarly sized ounce counterparts: