The Chinese Platinum Panda is a series of
platinum coins 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 panda, is a bear species endemic to China. It is characterised by its white animal coat, coat with black patches around the eyes, ears, legs and shoulders. ...
printed on the reverse of all coins. The
People's Bank of China
The People's Bank of China (officially PBC and unofficially PBOC) is the central bank of the People's Republic of China. It is responsible for carrying out monetary policy as determined by the ''PRC People's Bank Law'' and the ''PRC Commercia ...
minted 8,300 one-ounce Platinum Panda coins between 1987 and 1990, with a face value of 100
yuan. Additionally, 5,450 ounces (154.5 kg) 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 ...
* Chinese Silver Panda
* Platinum coin
References
{{Reflist, group=lower-alpha
Giant pandas
Bullion coins of China
Platinum bullion coins