The Chinese Platinum Panda is a series of
platinum coin
Platinum coins are a form of currency. Platinum has an international currency symbol under ISO 4217 of XPT. The issues of legitimate platinum coins were initiated by Spain in Spanish-colonized America in the 18th century and continued by the Rus ...
s of China produced from 1987 to 2005. The series is named after the image of
giant panda
The giant panda (''Ailuropoda melanoleuca''), also known as the panda bear (or simply the panda), is a bear species endemic to China. It is characterised by its bold black-and-white coat and rotund body. The name "giant panda" is sometimes us ...
printed on the reverse of all coins. The
People's Bank of China
The People's Bank of China (officially PBC or informally PBOC; ) is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by ...
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; while in 1990 the price was about US$490/oz, it crossed the $2,000 mark in the summer of 2008.
All Platinum Pandas, except for coins of 2004–2005, are very rare and their availability can not be judged from the minted volumes.
[ This is partly because some coins had been remelted.
]
Mintages
See also
* Chinese Gold Panda
The Chinese Gold Panda () is a series of gold bullion coins issued by the People's Republic of China. The Official Mint of the People's Republic of China introduced the panda gold bullion coins in 1982. The panda design changes every year (with a ...
* Chinese Silver Panda
The Chinese Silver Panda () is a series of silver bullion coins issued by the People's Republic of China. The design of the panda is changed every year and minted in different sizes and denominations, ranging from 0.5 troy oz. to 1 kilogram. Star ...
* Platinum coin
Platinum coins are a form of currency. Platinum has an international currency symbol under ISO 4217 of XPT. The issues of legitimate platinum coins were initiated by Spain in Spanish-colonized America in the 18th century and continued by the Rus ...
References
{{Reflist, group=lower-alpha
Giant pandas
Bullion coins of China
Platinum bullion coins