Homepage / Bullion Coins: Chinese Bullion

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Last Updated on 01/20/2025

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Chinese Gold Coin Inc.
& Chinese Bullion

Chinese Currency History

Ancient Coinage

The first traces of China's monetary system dates back to the Shang Dynasty (c. 1600  BC – c. 1046 BC), where cowrie or cowry shells served as early currency.

Cowry shells are believed to have been the earliest form of currency used in China. Diverse metal currencies, like knife and spade coins, also emerged. In 2021, archeologists in China unearthed the oldest known mint dating from 640 and 550 B.C. and found clay molds for casting spade coins.

Traditional round coins were introduced around 350 B.C., first with a round hole in the center, then later a square hole in the center. The Qin dynasty (221–206 BCE), the first dynasty to unify China, witnessed the introduction of a standardized coinage for the whole Empire.

Precious Metals Commemorative Coins

Chinese Minting & Distribution

China Gold Coin Group Co., Ltd. was established in 1987; it is the only company in China that is directly affiliated with the People's Bank of China and issues, currency, the "Panda Precious Metal Commemorative Coins."

The People's Bank of China

It is obligated with the issuance of precious metal coins, and for the assessment of national reserves of precious metals for the Central Bank.

China Gold Coin Inc., functions include; coin development, design, mintage and distribution of CGSCC (Chinese Gold and Silver Commemorative Coins).

China Gold Coin Incorporation is actively developing and expanding the Chinese bullion market and commemorative coin market, at home and abroad.

It has established large distribution centers throughout Asia, in addition to Europe and the Americas, the China Gold Coin Corporation has also established extensive cooperative relationships with major coin dealers and banks, around the world.

Chinese Gold Coin Inc.
Subsidiaries

The first of many of the Chinese Gold Coin Incorporated subsidiaries are the China Great Wall Coins & Investments Ltd., it was established in 1988 and is located in Hong Kong.

Since its inception, the China Great Wall Coins & Investments Ltd. has set up the distribution of Chinese coins through a network of international coin dealers and institutions.

This company also distributes Chinese ancient gold and silver medallions, circulated bank notes and other commemorative coins.

The following is a list of the seven China Gold Coin Incorporation branch subsidiaries:

• China Great Wall Coins & Investment Co., Ltd.
• Shenzhen China Gold Coin Distribution Center
• Beijing Kaiyuan China Gold Coin Distribution Center Co., Ltd.
• Shenzhen Guobao Mint Co., Ltd.
• Beijing Xinwen Times Gold Coin Cultural Communications Co., Ltd.
• Shanghai Gold Coin Investment Co., Ltd.
• Beijing Zhongjin Guoheng Collectible Coin Appraisal and Ration Co., Ltd.

Source: China Gold Coin Group Co., Ltd. 
Note: This site is entirely in the Chinese language, check your internet browser for a language translation option.

Chinese Bullion Coin Values

The "Face Value" of a bullion coin, does not represent the "Real Value" of the different precious metal bullion coins.

Chinese Bullion Coins are bought and sold based on the current market spot price of gold or silver, plus a premium to cover minting, handling, distribution, and marketing costs. 

Chinese Gold and Silver Bullion Coins often carry a higher premium than other bullion coins due to their low mintage and design.  

Since 2011, the China Gold Coin Incorporation has been increasing the mintage figures of their bullion coins, which may affect the bullion value of these coins. 

The best way to find Chinese Bullion Coins closest to their Precious Metals Spot Price, is to buy the Gold or Silver Panda bullion coins in their current year. 

Furthermore, Chinese Bullion Coins have been coming under the increasing scrutiny, in recent years, due to forgeries. To minimize this risk, it is best to buy these bullion coins from a reputable bullion dealer.

Silver Panda
Chinese Bullion Coins

1989 - Present

30 gram & 1 oz. - Chinese Silver Panda Bullion Coin

Gold Panda
Chinese Bullion Coins

1982 - Present

30 gram & 1 oz.  - Chinese Gold Panda

15 gram & 1/2 oz. - Chinese Gold Panda

8 gram & 1/4 oz.  - Chinese Gold Panda

3 gram & 1/10th oz.  - Chinese Gold Panda

1 gram & 1/20th oz.  - Chinese Gold Panda

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Chinese Bullion

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