China 1986 1 oz Gold Panda
100 Yuan Brilliant Uncirculated Coin
About the China 1986 1 oz Gold Panda 100 Yuan Brilliant Uncirculated Coin
The coin pictured above is one of twelve 1986 panda coins. Of the panda coins issued in this year, all of them are gold. The reverse of the coins in this series show different images of pandas. The obverse of the coins all bear the inscription: “The People's Republic of China”. Below this inscription on all coins in the group is an image of the Temple of Heaven with its broad and extensive set of stairs leading up to it, below which is the year of production, 1986.
The Temple of Heaven was built during the Ming Dynasty (1368-1644) between 1406 and 1420 AD under orders from Emperor Yongle who ordered the construction of the Forbidden City. From 1420 to 1911 prayers and sacrifices were offered up to Heaven by the emperor at the winter solstice, praying that Heaven would grant them a good harvest.
This is the 100 yuan, 1 oz gold coin of the series issued in 1986. It is a brilliant uncirculated (BU) coin of 99.9% purity and has a mintage of 107,132. The reverse of the coin shows an image of a single panda walking among bamboo shoots on either side. The denomination is inscribed below the image. Around the top edge of the reverse face is an inscription pertaining to the specifications of the coin. It reads: “Contains 1 oz pure gold purity .999 1 oz Au”.
These 1 oz gold BU panda coins are the official bullion coin of China and have been issued each year since 1982, together making a collectable series. They tend to sell for a small premium above the gold market price and, due to the nature of the long run gold market, these coins make a great low risk investment.