China’s Gold Bullion Coin, the Panda Coin, made its debut in 1982. China’s Panda Coin program is a pioneer in the bullion coin market on two counts; they are the first to offer annual design changes and the first to make gold bullion coins in 1/20 oz. and 1 gram sizes. The Panda Coin comes in several sizes, including a 1 oz., 1/2 oz., 1/4 oz., 1/10 oz., 1/20 oz., and a 1-gram version. Over the years, the design detail of the Panda coin has increased, showing a variety of panda scenes. China has also issued additional Panda Coins as an offshoot to the standard issue sizes. For instance, large Proof Panda pieces with different designs from the standard issue coins have come out several times. The program extension gold issue coins include a 1984 12 oz. coin, a 1987 5 oz. coin, and a 1997 kilogram coin.

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