Gold panda fraction face value?

Discussion in 'Modern Chinese Coins & Medallions' started by 1ozTrOy, Oct 21, 2013.

  1. 1ozTrOy

    1ozTrOy New Member

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    Just curious why the gold panda fractional coin doesn't seem to work out in Chinese currency.

    1 oz is 500
    1/2 oz is 200
    1/4 oz is 100
    1/10 oz is 50
    1/20 oz is 20

    Shouldn't the half oz be 250, 1/4oz 125 and the 1/20 oz be 25?

    Are there some gold fractional coins from other country that doesn't make sense?
     
    1ozTrOy, Oct 21, 2013
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  2. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    I think it's easier for the maker to round down the fractional coins :)
     
    bubblebobble2, Oct 22, 2013
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  3. neonuke

    neonuke Well-Known Member Silver Stacker

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    Another example is the Perth Mint Kilo silver coins have a face value of $30, even though the 1oz has a $1 face. (Kilos should be ~$32 face by this measure)

    Pretty standard to round off to whole / round numbers for face value I think.
     
    neonuke, Oct 22, 2013
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  4. Ghostrider80811

    Ghostrider80811 New Member

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    Yeah, I never quite understood that either.
     
    Ghostrider80811, Nov 20, 2013
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