Bigger is better right! Well what about “larger”. Introducing, the large date 1996 1oz Gold Chinese Panda bullion coin sealed in the original mint plastic. Coin collectors and investors are very aware that small variations can make big differences in coin values and the 1996 large date gold Panda is no exception. Between about 1987 and 2000, Panda coins were made at two different mints in China, namely the Shanghai and Shenyang located mints. The two mints produced the same coins but the typeface varied between the mints. This difference in the typeface has affectionately become known as the “large” and “small” dated Panda coins.
The 1996 1oz gold Chinese Panda coin with the large date typeface was produced by the Shenyang mint. Mintages are estimated to be between 20,000 – 24,000 units. This coin is composed of 24-karat, 99.9% fine gold.
Whether its bullion or collectible coins you will always find the best value at Gainesville Coins, contact us today for the 1 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 troy oz (31.103 g) |
| Composition: |
24 karat (99.9% fine) |
| Weight: |
1 troy oz (31.103 g) |
| Diameter: |
32 mm |
| Thickness: |
2.7 mm |
| Grade: |
Brilliant Uncirculated |
| Year: |
1996 |
| Denomination: |
100 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. The 1996 1oz gold Chinese Panda coin features the nimble Panda playfully scaling a tree.
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 1oz Gold Chinese Panda Coin is IRA Eligible
For more information on Precious Metal IRAs, please visit our IRA Page: Precious Metal IRA
Fun Facts
Pandas eat bamboo, and they eat a lot! An average person usually eats about 5 pounds of food every day. An adult giant panda eats between 20 and 40 a day! That’s so much bamboo that pandas spend up to 16 hours eating!