Panda

Chinese one ounce gold coin (not strictly speaking a bullion coin) of 999.9 quality made by the China Mint Company in Beijing, sold on a low premium and first launched in 1982. The design of the Panda is changed annually and all are made to half proof quality.

China's popular one-ounce Panda
coin, launched in 1982 (Credit:
World Gold Council)

The coin is also available in half, quarter and one-tenth of an ounce sizes. Originally about 300,000 were produced each year, of which two-thirds were sold in the United States where a collectors’ market for the coin has been established. However, by 2001 sales had fallen to approximately 90,000 ounces.