China 1988 1 oz Gold Panda
100 Yuan Brilliant Uncirculated Coin
About the China 1988 1 oz Gold Panda 100 Yuan Brilliant Uncirculated Coin
The coin pictured above is one of fifteen 1988 panda coins. Of the fifteen coins produced in this year, twelve are gold, two are silver, and one is platinum. 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 imposing and iconic set of stairs leading up to it, below which is the year of production, 1988.
The Temple of Heaven was the place where the emperors of the Ming (1368-1644) and Qing (1644-1912) dynasties would go at the winter solstice to worship Heaven and pray for a good harvest. This was of particular significance for them since not only did the wealth of China depend on good agricultural output, but it was also believed that Heaven gave the Emperor his mandate to rule, and a poor harvest might indicate to the people that the Emperor had lost this mandate. So the political stability of the country depended on a good harvest as well.
This is the 100 yuan, 1 oz gold coin of the series produced in 1988. It is a brilliant uncirculated (BU) coin of 99.9% purity and has a mintage of 289,055. The reverse of the coin shows an image of a solitary panda sitting on a rock plucking a bamboo shoot growing in the foreground. The denomination is inscribed below the image around the bottom edge of the face. Around the rest 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 make a collectable series with coins of this specification issued annually since 1982. Of all the coins in this collectable series, those dating from the late 1980s, such as the above coin, are particularly common.