China 1992 1 oz Gold Panda

100 Yuan Brilliant Uncirculated Coin

About the China 1992 1 oz Gold Panda 100 Yuan Brilliant Uncirculated Coin

The coin pictured above is one of twenty 1992 panda coins.  Of the twenty coins issued in this year, fourteen are gold, five are silver, and one is bi-metallic.  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 striking set of stairs leading up to it, below which is the year of issue, 1992.

The Temple of Heaven, completed in the early Ming Dynasty (1368-1644) in 1420 AD, was visited every year by the Ming and Qing emperors at the winter solstice to pray to Heaven for a good harvest.  A good harvest would indicate to the people that Heaven was happy with the rule of the current emperor while a poor harvest would show that Heaven was displeased with the emperor's conduct.  It was therefore a very important ritual for the emperors to perform as political stability and the perceived legitimacy of their rule depended on it.

This is the 100 yuan, 1 oz gold coin of the series produced in 1992.  It is a brilliant uncirculated (BU) coin of 99.9% purity and has a mintage of 41,120.  When this coin was struck in 1992 two versions were issued - one by the Shanghai mint and one by Shenyang mint.  The two versions issued differ in that one features a small date beneath the image on the obverse, struck at the Shenyang mint, while the other features a large date, struck at the Shanghai mint.

The reverse of the coin shows an image of a single panda climbing in a tree above bamboo shoots.  The panda looks back over its right shoulder as it approaches the end of the branch.  The denomination is inscribed above and to the right of the image.  Around the top right edge of the reverse face is an inscription pertaining to the specifications of the coin.  It reads: “.999 Au 1 oz”.

At the time the mint issued these coins in sheets of ten which were then broken up into individual coins for distribution.  On the original sheets the coins were arranged in a five-by-two pattern, but very few of these original sheets remain as a consequence of them having been divided up before distribution.

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