Chinese Panda 1g Gold Bullion – Secondary Market
Assorted 1g gold Chinese Panda coins from 2016 onwards from the secondary market. Secondary market product may be chosen from a pool of new products or buy backs that have been verified. At minimum, the Chinese Panda coins on offer will be 1g of gold and of 99.9% purity.
Starting in 2016, the weight system of troy ounces was replaced by the metric system of grams, the standard system of weights used in the People’s Republic of China which lead to the Panda’s produced being measured at 30g instead of 1 troy ounce – and 1g instead of 1/20oz.
Why Secondary Market Bullion Might Be The Right Choice?
Secondary bullion refers to precious metal products, like gold, silver and platinum bars or coins, that have been previously owned and are back on the market for resale. Unlike primary bullion, which is sold directly from mints or authorised dealers in brand-new condition, secondary bullion may show signs of wear or handling. However, the intrinsic value of secondary bullion is primarily based on its precious metal content rather than its condition or appearance.
Some key points of buying of secondary market bullion include:
Previously Owned: These items have been owned by at least one investor or collector before being resold.
Varied Condition: The condition can range from like-new to used, but this doesn't impact the value, as it is still based on the metal content.
Cost-Effectiveness: Secondary bullion is often priced lower than new items, making it a more affordable option for investors focusing on the value of the metal rather than the item's collectible or aesthetic qualities.
Market Availability: The availability of secondary bullion can fluctuate based on market conditions, as it depends on individuals deciding to sell their holdings.
In summary, secondary bullion offers a cost-effective way for investors to acquire precious metals, focusing more on the intrinsic metal value than on the condition or collectibility of the items.
Secondary market bullion provided may be scratched, tarnished, milk spotted or dented. What you receive will be at random (our choice) and the picture provided is not indicative of what is on offer, due to the high turnover of these products we are unable to confirm what these products are. We only guarantee the fineness and weight of the product. We do not take requests for specific product and cannot guarantee you a specific product.
Note: Due to customs requirements, we no longer ship this product internationally.