The Gold Chinese Panda program is in a period of transition, phasing out some of its older coin denominations and introducing new sizes and values as it moves away from traditional Troy ounce weights for its coins. The latest Gold Chinese Pandas bear weights and metal contents based upon Grams, changing the dynamic of these brilliant coins. Today, 2016 50 Gram Proof Gold Chinese Panda coins are available on Silver.com for purchase.
More and more often investors are buying gold in grams to meet their needs because of its divisibility. Gold prices change frequently, but can always be divided by 31.1 grams to get price per gram.
- All new proof size and denomination for 2016!
- Ships to you in a commemorative case including Certificate of Authenticity.
- Consists of 50 Grams, or 1.607 Troy ounces, of .999 fine gold.
- Issued a face value of ¥800 (Yuan) by the Chinese government.
- Bears the all-new panda design for 2016.
- Features the Temple of Heaven on the reverse.
Starting in 2016, all Chinese Panda coins will be measured and struck in gram weights rather than Troy ounces. This change impacts both the silver and gold versions of the coin, and results in a few additions to the program and changes to denominations from previous minting years.
These 2016 50 Gram Proof Gold Chinese Panda coins are an all-new offering for the program. Previously there was no coin available in this denomination, making the new 50 Gram coin a unique product on Silver.com in the Gold Chinese Panda series.
On the obverse face of the coin you’ll find this year’s updated panda design. Common elements, such as the bamboo wall in the background and a playful panda in the foreground, remain, even though specific features have changed to reflect a new year. Engravings of the coin’s face value, weight, purity, and metal content remain.
The reverse is similar to other production years in the series. You’ll notice the continued presence of the Temple of Heaven as the dominant design feature, along with the Chinese engraving for “People’s Republic of China” above the design and year of issue blow.
Chinese Mint coins are struck without mint marks, making it impossible to determine exactly which mint produced a specific coin. The People’s Bank of China directly oversees activity at the mint, including its production of circulation coins and banknotes.
Please direct any questions you have to a Silver.com customer service team member at 888-989-7223. We’re also available online using our live web chat and email features.