First minted in 1982, the Gold Panda bullion coin is The People’s Republic of China’s official gold bullion coin. The stunning 2012 1/10 oz Gold Chinese Panda coin contains 1/10 ounce of 99.9% fine gold. Commonly referred to by collectors and investors as "Pandas," these coins are renowned for their design and classic beauty. This unique coin differs from other bullion coins in two distinct ways – first, the reverse design featuring the endangered Panda bear changes annually, and second, each coin is minted as a limited edition. Since 2001, annual mintages have been limited to a maximum amount declared at the time of issuance; historically that mintage range or 1/10 oz Gold Chinese Panda coins has been approximately 50,000 - 120,000 units per year.
The 2012 1/10 oz Gold Chinese Panda coin, because of its high gold content and unique design, is perfect for investors seeking an entry point into investing into gold.
Whether its bullion or collectible coins you will always find the best value at Gainesville Coins, contact us today for the 1/10 oz size Gold Panda Coin pricing, the latest on new arrivals and information on our in-house segregated storage service.
Specifications
| IRA Eligible: |
Yes |
| Gold Content: |
1/10 troy oz (3.1103 g) |
| Composition: |
24 karat (99.9% fine) |
| Weight: |
1/10 troy oz (3.1103 g) |
| Diameter: |
18 mm |
| Thickness: |
1.05 mm |
| Grade: |
Brilliant Uncirculated |
| Year: |
2012 |
| Denomination: |
50 Yuan |
| Mint: |
People’s Bank of China / China Gold Coin Incorporation |
Obverse/Front Design
The obverse side has largely remained unchanged between 1982 and 1991; however, the design illustrating the Temple of Heaven in Beijing has been enclosed within an inner circle since 1992. The inscription references “People’s Republic of China” (in Chinese) and the year in which the coin was minted below the Temple.
The Temple of Heaven (“TianTan”) is in a large park in Beijing which measures approximately 273 hectares. The most important building is the Hall of Prayer for Good Harvests (which can be seen on the coin), which dates back to 1420 during the Ming dynasty. Chinese Emperors were accustomed to come to TianTan each year in early spring to pray for abundant harvests and national prosperity.
Reverse/Back Design
The reverse side of the Chinese Panda gold coin is unique in that aside from always featuring a giant panda bear(s), the portrait of the panda changes every year. This was an exception in 2001 & 2002 when it was the same for both years. Between 1982 and 1986, Gold Panda obverse and reverse designs were developed by CBPM (China Mint Company). Since 1987, China Gold Coin Incorporation has been responsible for all designs. Displayed nears the pandas head is the face value of the coin. Below the panda is the coins gold weight and gold content.
The People’s Bank of China
The People’s Bank of China (PBC) was established in 1948. China Gold Coin Incorporation (CGCI) is a wholly owned subsidiary of the PBC. CGCI is responsible for designing China’s precious metal coins, as well as for their sale and marketing worldwide including the Gold Panda bullion coins. Since 2005, Gold Panda bullion coins have all been manufactured at the Shenzhen Guobao Mint, which is owned by CGCI and located about 1,800 km south of Beijing.
The 2012 1/10 oz Gold Chinese Panda Coin is IRA Eligible
For more information on Precious Metal IRAs, please visit our IRA Page: Precious Metal IRA
Fun Facts
In contrast to many other gold coins, the Chinese Gold Panda does not feature any mint-marks. Mint-marks are often displayed on legal tender gold coins. In most cases the mint-mark is of a very small size. In some cases, a certain mint is indicated. The mint-mark often consists of a symbol, a digit or a letter.
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