Weights for Panda Bullion Coins Altered by China

2016-02-17 Wed

After a long wait, China’s annual Panda gold and silver bullion coins have arrived in the United States of Ameri.

For the 2016 version, the Panda coins are offered in gram weights instead of being based on the troy ounce standard in other worldwide bullion coins. The Panda 10-yuan coin now weighs 30 grams, for instance. That makes the coin a little lighter than a 1-ounce coin, which weighs 31.1 grams. The move is intended to cater to demand in Asia for gram-weight investment products.

Last year’s decision to remove the weight and fineness specifications from the designs was reversed with the 2016 release, where the specifications again appear on the Panda coins.