Slabbed One Ounce Gold Panda 1992 (MS68)
Description Slabbed One Ounce Gold Panda (MS68) dated 1992. There was a grading system from the 1940s that ascribed a number between 1 and 70 to each coin (70 being mint condition). Dr William Sheldon’s scale worked on the basis that a coin graded at 70 would be valued at 70 times more than the value of a coin graded at 1. This scale forms the basis of the grading system today. **MS** stands for Mint State, a term used to indicate that the coins are the same issue as circulated coins, but in good enough condition to fall between 60 and 70 on the Sheldon scale. The coins are slabbed to maintain the condition in a protective case. One Ounce Gold Panda coins were first made in 1982 by the Chinese Mint (China Gold Coin Incorporation). Up until 2000 the coin had a face value of 100 yuan, but now has a face value of 500 yuan. The last one ounce gold Panda was minted in 2015, after which the coin changed to a 30g coin in 2016, to accommodate the metric system. The obverse of the slabbed Panda coin depicts the Temple of Heaven in Beijing, one of China’s most iconic landmarks. The reverse has an annually changing design of the panda, an iconic symbol of China, with the exception of 2001 and 2002. All of our slabbed and graded coins are verified for authenticity by our experienced team. Any coins that fall short of our quality standards are not re-sold. As members of the [BNTA](http://www.bnta.net/) we ensure that our reputation as a reputable dealer of gold and silver coins and bars is upheld, whether a purchase is for our “best price” or brand new coins. Our guide to slabbed and graded coins can be found [here](https://www.atsbullion.com/guides/coin-grading-and-slabbing/).