Chinese Gold Panda 1/4 oz
View deal at Hero Bullion| Dealer | Price | Premium | Stock | Updated | Deal |
|---|---|---|---|---|---|
MMMonument Metals | $1,240.97 | +5.1% over spot | Out of stock | 1 hour ago | |
HBHero BullionBest | $1,342.78 | +13.7% over spot | In stock | 1 hour ago |
- MMMonument MetalsBest$1,240.97+5.1% over spotOut of stock1 hour agoView Deal
- HBHero Bullion$1,342.78+13.7% over spotIn stock1 hour agoView Deal
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Specifications
- Weight
- 1/4 oz
- Purity
- .999
- Mint
- China Mint
- Country
- China
- First struck
- 1982
About the Chinese Gold Panda
The Chinese Gold Panda has been struck since 1982, making it one of the older modern bullion programs in the world. It is a product of the People's Bank of China, and the dies come out of the Shanghai Mint and a small handful of sister facilities. The reverse always shows the Temple of Heaven in Beijing. The obverse is where the personality lives, with a new panda scene almost every year of the program.
In 2016 the program made a big change. China moved the Panda from troy ounces to metric grams. The flagship size is now 30 grams, not 1 troy ounce, which works out to roughly 0.9645 troy ounces of pure gold. Fractional sizes followed the same shift, so a modern fractional Panda comes in 15g, 8g, 3g, and 1g denominations. You will still see older 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz Pandas trading on the secondary market.
The purity is .999 fine gold, which is one nine below the .9999 you get on a Canadian Maple Leaf or an Austrian Philharmonic. For practical stacking and resale that difference is essentially noise. You are still buying nearly pure gold and the spot calculation works the same way.
A Panda is sealed at the mint inside a clear plastic capsule called an OMP, or Original Mint Packaging. Dealers and graders care about that capsule. A Panda that has been cracked out of its OMP can be harder to resell at full premium, and graded Pandas in PCGS or NGC slabs sometimes carry a meaningful collector premium on top of melt. If you are buying for the metal, sealed BU is fine. If you might want collector upside later, leave the capsule alone.
Premiums on Pandas usually run higher than on Eagles or Maples. Part of that is the annual design, which gives each year its own demand curve. Part is the secondary market in China, which can pull older dates upward in ways that have nothing to do with US dealer inventory. Expect to pay more over spot than for a generic round, and expect more variance year to year and dealer to dealer.
Distribution in the United States is thinner than for the major Western sovereigns. Not every shop carries Pandas, and the dealers who do often rotate through years and sizes rather than holding deep inventory. That is why comparing live dealer prices matters more for this coin than for an Eagle or a Krugerrand.
Frequently Asked Questions
What's the current premium on Chinese Gold Panda 1/4 oz?
The lowest premium right now is +13.7% over spot at Hero Bullion ($1,342.78). The table above ranks every dealer by premium so the best deal is at the top.
Which dealer has the cheapest Chinese Gold Panda 1/4 oz?
Hero Bullion currently has the lowest total price at $1,342.78. We compare every dealer on a freshness-filtered 24-hour window so rankings reflect live market prices.
How often do prices update?
Dealer prices refresh hourly. Spot metal reference refreshes every 10 minutes. The "last seen" timestamp on each listing tells you exactly when that price was captured.