1986 12 oz Gold Panda Proof Coin

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SKU: 198612OZGOLDPANDAROUNDGEM1PCPF Categories: , , ,

Description

The coin pictured is one of twelve 1986 panda coins. All eight issued in this year are gold. The obverse of the coins in the series bear the inscription: “The People’s Republic of China” and an image of the Temple of Heaven with its imposing set of stairs leading up to it. Below this is the year of production, 1986.

The Temple of Heaven was built in 1420 AD during the Ming Dynasty (1368-1644). The Emperor visited the Temple of Heaven every year at the time of the winter solstice to pray to both Heaven and Earth for a good harvest. This was very important and significant for the feudal Chinese as it was believed that a mandate from Heaven legitimised the rule of the Emperor, and so a good harvest would show Heaven still supported the Emperor, thereby strengthening his rule.

This is the 1000 yuan, 12 oz gold coin of the series. It is a proof coin of 99.9% purity and has a mintage of 2550. The reverse of the coin depicts two pandas. The top of the reverse bears an inscription pertaining to the specifications of the coin. It reads: “ Contains 12 ounces of pure gold, purity .999, 12oz Au”. The denomination, 1000 yuan, is inscribed at the right of the reverse side, above which is the image of the two pandas, one cub and one adult. The adult sits clutching a bamboo shoot while the cub sits between the adult’s legs.

We are available to assist you with any questions on this or other Chinese coins. Our unique expertise and experience in Chinese numismatics covers modern, imperial, republic and circulating coins. We pride ourselves in servicing our clientele to work in building special collections or locate key date coins with help from our global network and have done so since 2004. In addition, we are frequently top bidders on coins and collections when looking to divest.

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