Chinese Gold Panda 1g
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Chinese Gold Panda 1g History
The 1 gram gold Panda coin is the smallest gold bullion coin produced for the People's Bank of China by the China Gold Coin Incorporation. The 1 gram gold panda coin is popular with investors on a budget, and those looking to give a gift. The coin features the same charming designs and high quality gold, but at a much lower price to the larger coins in the series.
This Chinese 1 gram Panda coin has a purity of 999 fineness and a face value of 10 yuan. This was previously higher at 20 yuan, as was the weight - formerly a twentieth of an ounce (1/20oz) before China changed their coins to the metric system. Both versions of the coin can be found in this category.
Chinese Gold Panda 1g Price
An important factor affecting the price of a Chinese gold Panda 1g coin is the value of the gold it contains. The weight of a 1g gold Panda coin is 1g with a fineness of 999.9. This means that a 1g gold Panda coin has a pure gold content of 1g. The price of a Chinese gold Panda 1g coin is directly linked to the global price of gold.
Chinese Gold Panda 1g prices can vary thanks to the coin's history and numismatic appeal, with certain years or designs being particularly desirable with collectors. The price of a new 1g gold Panda coin will be based on today's gold price, with a small premium to cover the cost of manufacture and supply. Older or rare Chinese gold Panda 1g coins can cost considerably more than the gold price.
Our website is constantly updated to display the price of Chinese gold Panda 1g coins in real time. These Chinese gold Panda 1g coins have a diameter of 10mm and are a great investment or collector's item.
Chinese Gold Panda 1g Value
Investors often ask what is the value of a Chinese gold Panda 1g? Chinese Gold Panda 1g coins have a face value of 10 Yuan. It is important to note that the face value has no bearing on the actual value of the coin. As mentioned, the Chinese gold Panda 1g coins main value can usually be worked out based on the current gold price. It is this simplicity that makes gold bullion coins appealing. They are bought and sold based on their intrinsic metal value without having to worry about any numismatic value and more complicated selling process.
You can always find an intrinsic value for a 1g gold Panda thanks to the public spot price. The value of a Chinese gold Panda 1g is therefore generally the same regardless of the year and is just based on the metal content. Some years of 1g gold Panda coins might command a further premium. A lower mintage, or special design could see their value increase beyond their metal content.
The easiest way to work out a Chinese Gold Panda 1g value is to use its gold weight of 1g and multiply that by the current gold spot price in grams.How Much are Chinese Gold Panda 1g Coins Worth?
If you are wondering how much are Chinese gold Panda 1g coins worth, a simple rule of thumb is that a Chinese gold Panda 1g has 1g of pure gold. If you see the gold price in grams/ounces you can therefore work out how much a Chinese gold Panda 1g is worth quite quickly.