2016 3 g Chinese Gold Pandas
Tavex is pleased to offer the Chinese Gold Panda, the most popular gold bullion coin from the People’s Republic of China. Introduced in 1983 as legal tender by the Chinese Central Bank, it is the first gold bullion coin to vary the design of its main motif, an aspect highly appreciated by collectors.
Made with a unique engraving method, the Chinese Gold Panda coin diffracts bright and darker shades of gold, an exceptional aesthetic representation of the panda bear’s black patches and white fur. For those who are keen on acquiring Chinese Gold Pandas as an investment, Tavex, as an official distributer for Europe, is able to offer market leading quotes for any desired quantity of this significant gold bullion coin.
Chinese Gold Panda coins have considerable upside potential. Sought after by collectors because of their limited annual mintage and varying design, Chinese Gold Pandas fetch considerable premiums in the secondary market.
Chinese Gold Panda coins are money. Deemed legal tender by the Chinese Central Bank, the Gold Panda coin is exempt from Value Added Tax inside mainland China.
The Chinese Gold Panda coin is internationally recognised. Being the only legal tender gold bullion coins in the world to portray a Panda Bear, an endemic animal to China, assures investor recognition worldwide.
Gold Pandas are 99.9% pure gold. In many ways it is more exciting to hold a Gold Panda in your hands than an alloyed gold coin. Unlike alloyed gold, pure 24 karat gold has a lustrous gold colour and being of higher density it also has a better heft or “feel” to it.
Chinese Gold Pandas are the equivalent of savings. Gold Pandas are an ideal choice for any type of long-term investor who appreciates the security and stability of owning physical legal tender gold coins.
Gold Panda coins are excellent portfolio diversifiers. Gold’s low correlation with other financial assets makes the Gold Pandas serve as a portfolio hedge against market risk.
Chinese Gold Pandas marked the beginning of the country’s bullion market liberalisation
Contrary to most major western economies, China never used gold but rather silver as the primary anchor for its monetary system. The monetary system based on silver served the country for several centuries, but the onset of the Great Depression in conjunction with the rise of communism in the 1930s led the authorities to abandon it in favour of a pure paper standard. To support the new fiat system, legislation was introduced which stipulated that circulating monetary silver had to be turned over to the authorities in exchange for the new paper currency. In spite of the new harsh rules, commercial trade of silver and ownership of jewellery and antiques made out of gold was still allowed, albeit only for a short period. In the late 1930s, the outbreak of the Sino-Japanese War and the rivalry between the Communist and Chinese establishment forced the authorities to proclaim a ban on precious metals ownership in any shape or form.
This ban would be in place for five long decades before the Chinese Government made an economic and philosophical turnaround regarding its domestic bullion market with the introduction of the Chinese Gold and Silver Panda coins in 1982 and 1983 respectively. From these years onwards, the Chinese authorities would slowly begin to loosen the restrictions that had been put in place since the 1930s. Besides being a symbol of the country’s liberalisation of the precious metals market and the economy itself, the Gold Panda coin also marked the subtle beginning of a long-term plan to make gold bullion, for the first time in the country’s modern history, the foundation of China’s new monetary system.
The Chinese Panda Bear
The decision to use the iconic panda bear as the coin’s main motif has played a major part in the successful promotion of Chinese Gold Panda coins. The panda bear is an animal endemic to central China and is characterised by the black patches around its eyes and ears. In spite of its charming and peaceful nature and its status as a Chinese national symbol, panda bears are unfortunately very rare animal. Due to deforestation and commercial farming, large parts of the panda bears’ natural habitat have been destroyed and thus the population of pandas living in the wild has dwindled by some estimates to only 2000 individuals. In the past decade, extensive conservation efforts have been made by the Chinese Government to stem the declining panda bear population. Although still an endangered species, the conservation efforts are believed to be working as scientific surveys show that the population of wild pandas has started to recover.
|Nominal value||Dimensions||Fineness||Product weight in grams||Gold weight in grams||Gold weight in Troy ounces|
|50 Yuan||18.00 mm||999||3.00300 g||3.00000g||0.1|
The Chinese Gold Panda was first introduced in 1982 and has since been in continuous production. Chinese Gold Panda coins have been manufactured at three different locations:
*Shanghai Mint 1982-2004
*Shenyang Mint 1985-1999, 2003-2004
*Shenzhen Guobao Mint 1999-2002, 2005 onwards
The Shenzhen Guabao Mint is a subsidiary of the People’s Bank of China (China’s Central Bank).
Obverse: The obverse portrays the Temple of Heaven, a UNESCO world heritage site that consists of a complex of religious buildings located in the central parts of Beijing. Above the Temple of Heaven is a text in Chinese that means “People’s Republic of China” and inscribed at the bottom is the year of mintage.
Reverse: The reverse depicts a panda clutching a branch, with a bamboo forest in the background. The face value of 500 yuan is below the panda bear. The weight “3 g” and the gold content marked “Au .999” are inscribed at the bottom.
Purity: The Chinese Gold Panda coin contains 99.9% pure gold.
Packaging: Each coin is sealed in original mint plastic packaging.
When placing an order through our online shop, you can choose to have the products delivered to your local post office or to collect them in person at one of our offices in Stockholm.
Delivery by PostNord: all orders are fully insured and trackable. The package is shipped the same day after we receive your payment and will arrive to your local post office within 1-3 working days.
Self pick-up: you are welcome to come and collect your products at one of our offices in Stockholm the same day we notify you that we have received your payment.