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A mace (Chinese: 錢; pinyin: qián; Hong Kong English usage: tsin; [2] Southeast Asian English usage: chee[3]) is a traditional Chinese measurement of weight in East Asia that was also used as a currency denomination. It is equal to 10 candareens and is 1⁄10 of a tael or approximately 3.78 grams. A troy mace is approximately 3.7429 grams.
Chinese units of measurement, known in Chinese as the shìzhì ("market system"), are the traditional units of measurement of the Han Chinese. Although Chinese numerals have been decimal (base-10) since the Shang, several Chinese measures use hexadecimal (base-16). [citation needed] Local applications have varied, but the Chinese dynasties ...
Tael (/ ˈteɪl /), [1] or liang, also known as the tahil and by other names, can refer to any one of several weight measures used in East and Southeast Asia. It usually refers to the Chinese tael, a part of the Chinese system of weights and currency. The Chinese tael was standardized to 50 grams in 1959.
In 2015, the Gold and Silver Panda coins were not labeled with metal fineness and weight. This information returned in 2016 when the 1 troy ounce coin was replaced by the 30-gram coin (one troy ounce is approximately 31.1 grams). [1] The official distributor in China for the Silver and Gold Panda coins is the China Gold Coin Incorporation (CGCI).
The Official Mint of the People's Republic of China introduced the panda gold bullion coins in 1982. [1] The panda design changes every year (with a single exception) and the Gold Panda coins come in different sizes and denominations, ranging from 1 ⁄ 20 to 1 troy ounce (1.6 to 31.1 grams) (and larger ones as well). [2] [3] [4] [5]
The 1 ⁄ 10, 1 ⁄ 4, and 1 ⁄ 2 troy oz coins are identical in design to the 1 troy oz coin except for the markings on the reverse side that indicate the weight and face value of the coin (for example, 1 OZ. fine gold~50 dollars). The print on the smaller coins is, therefore, finer and less legible than on larger denominations.