This 2016 Panda 30g coin is struck in 0.999 gold fineness. This is bullion coin is sold as an investment product.
The Chinese Panda coin is eagerly awaited each year by investors and coin collectors.
The gold Pandas were previously measured in troy ounces, however starting with the 2016 coins, they will now be measured in grams. This is thought to be so the Chinese mint can market the coins in grams and kilos within China - their largest market. The new sizes (in grams) are 30, 15, 8, 3 and 1 and are roughly equivalent to one, half, quarter, tenth and twentieth ounce coins respectively.
The 2016 Pandas were released in December, 2015.
If you are interesting in collecting Panda coins, you might like to read these blogs:
The obverse of the Chinese Panda coins feature the Temple of Heaven in Beijing with the year, 2016.
The reverse design on the gold Panda coin changes most years, making the coins highly collectible to collectors as well as investors. The reverse of the coins shows an adult panda on a branch. The reverse is inscribed with 30g Au .999 as well as the denomination 500 yuan.
|Gold Content||0.9645 Troy oz|
|Country||People's Republic of China|