1 oz Chinese Panda Gold Coin | 2002

1 oz Chinese Panda Gold Coin 2002 - year of "Frosted Variety" controversy

The 1 oz Chinese Panda Gold Coin 2002 is one of the most famous vintages - the year when Shenyang Mint struck coins in unusual "frosted finish" instead of standard "mirror finish". 1 oz pure .9999 gold (31.1035 g), face value 100 Yuan.

At GoldInvest24 in protective capsule.

2002 Frosted Variety - legendary minting controversy

Tradition: Mirror Finish (shiny background, matte panda). 2002 Shenyang Mint: Frosted Variety - matte background, shiny panda. Other mints (Shanghai, Shenzhen) standard.

Frosted Variety = 5-15% of emission, harder to find. Premium 20-50% over Standard. "Lottery" element in purchase.

Key features

• Issuer: China Gold Coin Incorporation
• Vintage: 2002 (Frosted Variety year)
• Metal: Gold
• Fineness: .9999/1000
• Weight: 1 oz (31.1035 g)
• Diameter: 32.00 mm
• Face value: 100 Yuan
• Obverse: Temple of Heaven
• Reverse: Giant Panda 2002
• Variants: Standard (Mirror) or Frosted Variety
• Mintage: ~85K (both)
• Frosted share: 5-15%
• Standard premium: 30-80% over spot
• Frosted premium: 60-130% over spot
• VAT: 0%

Market analysis

Only Panda vintage with two distinguishable variants. "Lottery prize" - 5-15% chance of Frosted Variety. Mandatory part of "early millennium trio" collection (2000+2001+2002).

Obverse and Reverse

Obverse: Temple of Heaven. Inscriptions: 中華人民共和國 · 2002.

Reverse: 2002 vintage-specific panda composition. Standard mirror finish vs Frosted Variety reversed. Inscriptions: 100 ¥ · 1 oz Au · .9999 · 2002.

Technical specifications

FAQ

What is Frosted Variety 2002?

Variant with reversed strike style. Shenyang Mint only 2002. 5-15% of emission.

Subject to VAT?

No. Investment gold VAT-exempt.

Why Frosted Variety?

Officially unknown. Technical experimentation or quality control error. 2002 only year with two variants.