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China Panda precious-metal coins

Gold PandaProgram origin

1982–Present

The Gold Panda opened China's Panda program in 1982. Its history joins a changing annual reverse to an evolving bullion architecture—from ounce denominations to today's metric family.

Begin with 1982
1982 China one-ounce Gold Panda reverse
1982The first Gold Panda
First issue1982Four ounce-format weights
IssuerPBOCPeople's Bank of China
Design traditionAnnual reverseA changing Panda composition
Modern bullionFive weights30g · 15g · 8g · 3g · 1g
First 1982 Gold Panda reverse

The first Panda

An origin without a face-value inscription.

The 1982 Gold Panda established the program with four ounce-format weights. The first pieces carry the seated panda and bamboo reverse but no face-value inscription.

1983

The twentieth-ounce size and a face-value structure joined the gold family in 1983.

Gold weight architecture

A family of sizes,
recast in grams.

The Gold Panda is not one fixed format. Its bullion structure began in ounces and was reorganized as a metric family in 2016.

1982 foundation

Original ounce family

1 oz½ oz¼ oz¹⁄₁₀ oz

Four sizes introduced the program. The twentieth-ounce size joined the structure in 1983.

2016 metric structure

Modern gram family

30g15g8g3g1g

Five bullion weights now provide the clearest modern Gold Panda lens.

A technical turning point

From ounces
to grams

The change is best understood as a three-part technical sequence, not a single abrupt reinvention.

Before

Ounce-era bullion

Gold weights followed the familiar troy-ounce family for decades.

2015

Inscription transition

The usual weight and fineness inscriptions were omitted, marking a distinct transitional issue.

2016

Metric Panda

30g, 15g, 8g, 3g and 1g became the standard bullion structure.

Selected annual designs

Five points in a changing gold canvas.

Representative reverses show the program's visual movement without turning the page into an exhaustive year wall.

Issued chapters

A Decade
of Love

Gold participates in the same annual narrative that began in 2019. These three reverses mark its opening, the sixth chapter and the current eighth chapter.

Gold Panda 2019 · Chapter 1
2019 · Chapter 1
Gold Panda 2024 · Chapter 6
2024 · Chapter 6
Gold Panda 2026 · Chapter 8
2026 · Chapter 8

Selected milestones

The program changes structure without losing its identity.

1982

Gold Panda begins

Four ounce-format weights and the first annual reverse.

1983

Denominations expand

A face-value structure and twentieth-ounce size join the gold family.

2015

Inscription transition

A distinct issue before the metric change.

2016

Metric bullion arrives

Five standard gram weights replace the ounce architecture.

2019

Annual narrative begins

A mother and newborn cub open the modern story.

2022

Fortieth-anniversary context

The long-running gold program reaches four decades.

Design and minting context

National issue,
multiple production units.

The People's Bank of China is the issuer. Recent set announcements name three minting institutions together; they are production context, not separate Gold Panda families.

01Shanghai Mint
02Shenyang Mint
03Shenzhen Guobao Mint