2012 1 Kilo Gold Panda Commemorative Coins
China is one of the largest contributors of mined gold through out the world. In 2021, they produced almost 370 metric tons of gold, and added it to the gold market in multiple ways. This production, their numerous minting facilities across China, and their collaborated efforts to consistently reimagine the artwork in a flawless manner is second to none. As a result, they even release proofed gold coins that weigh up to 1 kilo every few years. This 2012 1 Kilo Gold Panda Commemorative Coin is a limited edition and a proof bullion coin.
Historical Significance:
In 1982, The People’s Republic of China released the first issue of the Chinese Gold Panda bullion coin. This started to honor their beloved Panda, whose population decreased significantly due to mass poaching in the 1980s. Even though the poaching was halted, their population continued to decline, placing them on the endangered species list in the 1990s. Although their habitat is protected, and has expanded immensely, they continue to remain listed as an endangered species to this day.
Features of the Coin:
- Its Design: The obverse/front of the bullion coin features the Hall of Prayer for Good Harvests, which is part of The Temple of Heaven. The reverse/rear side of the coin depicts a mother panda tending to her baby panda.
- Fineness and Purity: This 2012 1 kilo gold bullion coin, is made of 99.99% pure gold (24 karat gold).
- Legal Tender Status: This can be used and circulated, but its face value is only 10,000 yuan, and can only be used as legal tender in China.
- Limited Edition Proof Coins: This 2012 1 Kilo Gold Panda Commemorative Coin is #0282 out of 500 1 kilo bullion proofed coins released that year.
These bullion gold coins are all made of 99.99% pure gold, and come in various sizes. 1/20 troy ounce, 1/10 troy ounce, 1/4 troy ounce, 1/2 troy ounce, 1 troy ounce, 5 troy ounce, 12 troy ounce and 1 kilo gram of 24 karat gold.
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