China 1994 1 oz Gold Panda

100 Yuan Brilliant Uncirculated Coin

About the China 1994 1 oz Gold Panda 100 Yuan Brilliant Uncirculated Coin

The coin pictured above is one of twenty-one 1994 panda coins.  Of the twenty-one coins struck in this year, eleven are gold, six are silver, two are platinum, and two are 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 extensive and striking set of stairs leading up it, below which is the year of issue, 1994.

The Temple of Heaven was finished in the 18th year of the reign of the Emperor Yongle of the Ming Dynasty (1368-1644).  At the time of the winter solstice, prayers and sacrifices were offered to Heaven by the Ming and Qing emperors in the hope of a good harvest.  A good harvest would show Heaven's continuing support for the Emperor's reign and would strengthen his rule.

This is the 100 yuan, 1 oz gold coin of the series issued in 1994.  It is a brilliant uncirculated (BU) coin of 99.9% purity and has a mintage of 24,438.  At the time when this coin was issued in 1994 two versions were struck, one in Shanghai and one in Shenyang.  The Shanghai mint issued a variety with a large date below the image of the Temple of Heaven on the obverse, while the Shenyang mint issued a coin with a small date.  At the point of distribution from the mint the coins were issued as sheets of ten coins arranged in a five-by-two grid.  To make sale and distribution easier these sheets were split into single coins making an original ten coin sheet extremely hard to come by.

The reverse of the coin shows an image of a lone panda sitting to the left of a cluster of bamboo stems.  The panda grasps hold of one stem of the plant and bends it towards itself to eat from it.  The denomination is inscribed below the image.  Around the top left edge of the reverse face is an inscription pertaining to the specifications of the coin.  It reads: “Au 1 oz .999”.

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