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Platinum Chinese Panda

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Platinum Chinese Panda
Platinum Chinese Panda

The Platinum Panda is a series of platinum coins of China produced from 1987 to 2005. The series is named after the image of a giant panda printed on the reverse of each coin. There are four types of 1 oz platinum panda coins — one design was produced for each year between 1987 and 1990. These coins feature the same panda designs as their gold counterparts for the year in which they were released. The very first platinum panda coin was released in the year 1987. These platinum coins are particularly valuable to collectors because so few were produced compared to those of other metals.

Mintage

The People's Bank of China minted 8,300 one-ounce Platinum Panda coins between 1987 and 1990 with a face value of 100 yuan. Additionally, 5,450 ounces of platinum were used for coins of smaller denominations in the 1990s through the first decade of the 21st century. Minting was discontinued in 2005, mostly due to the increasing price of platinum.

With the possible exception of the 2004-2005 coins, all are quite scarce with very limited mintages. As with other Pandas, the mintages can be deceptive in determining availability. Some coins are much harder to find than they should be, given the official mintage. This makes the platinum set a challenge for collectors to complete.

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Coin Mintage
Year Mintage
1987 (First Year) 100 Yuan 1oz Proof Platinum Panda (mintage: 2000)
1988 100 Yuan 1oz Proof Platinum Panda (mintage: 2000)
1989 100 Yuan 1oz Proof Platinum Panda (mintage: 3000)
1990 10 Yuan 1/10oz Proof Platinum Panda (mintage: 4500)
1990 25 Yuan 1/4oz Proof Platinum Panda (mintage: 3500)
1990 25 Yuan 1/4oz Proof Platinum Panda (mintage: 3500)
1990 50 Yuan 1/2oz Proof Platinum Panda (mintage: 2500)
1990 100 Yuan 1oz Proof Platinum Panda (mintage: 1300) (actual: 778 ?)
1994 5 Yuan 1/20oz Proof Platinum Panda (mintage: 5000)
1994 10 Yuan 1/10oz Proof Platinum Panda (mintage: 2500)
1995 5 Yuan 1/20oz Proof Platinum Panda (mintage: 10000)
1995 10 Yuan 1/10oz Proof Platinum Panda (mintage: 5000)
1996 5 Yuan 1/20oz Proof Platinum Panda (mintage: 5000)
1996 10 Yuan 1/10oz Proof Platinum Panda (mintage: 2500)
1997 5 Yuan 1/20oz Proof Platinum Panda (mintage: 5000)
2002 (Panda Gold Coins Issue 20th Anniversary) 100 Yuan 1/10oz Proof Platinum Panda (mintage: 20000)
2003 50 Yuan 1/20oz Proof Platinum Panda (mintage: 50000)
2004 50 Yuan 1/20oz Proof Platinum Panda (mintage: 50000)
2005 100 Yuan 1/10oz Proof Platinum Panda (mintage: 30000)

Coin Specifications

Coin Specification
Front/Obverse The coin's obverse features a depiction of The Hall of Prayer for Good Harvests at the famed Temple of Heaven complex in Beijing. The Temple of Heaven, founded in the first half of the 15th century, is a complex of fine cult buildings set in gardens and surrounded by historic pine woods. Its layout and individual buildings symbolize the relationship between earth and heaven – the human world and God's world – and also the special role played by the emperors within that relationship.
Rear/Reverse The reverse shows different portraits of pandas that change every year (except for 2001 and 2002, which share the same design).
Miscellaneous For the longest time, the Chinese people have favored the use of the name "white gold" to "platinum". But in fact, white gold and platinum are two entirely different concepts. Written on the early platinum coins in China, such as the 1987-1990 platinum panda coins - was "white gold" to mean "platinum".

A commemorative platinum panda medal was released in 1987 featuring the World Trade Center Twin Towers as a part of the New York City skyline, along with the Great Wall of China.
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