Chinese Platinum Panda

The Chinese Platinum Panda is a series of platinum coins of China produced from 1987 to 2005.[a] The series is named after the image of giant panda printed on the reverse of all coins. The People's Bank of China 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.[1] 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.[2] All Platinum Pandas, except for coins of 2004–2005, are very rare and their availability can not be judged from the minted volumes.[1] This is partly because some coins had been remelted.[citation needed]

Mintages

Platinum Panda (ratings and circulation)
Year Value, Yuan Diameter,
mm 		Weight,
g 		# pcs.
1987 100 32 31.1 2,000
1988
1989 3,000
1990 1,300
50 27 15.55 2,500
25 22 7.8 3,500
10 18 3.1 4,500
1993 2,500
5 14 1.55
1994 10 18 3.1 5,000
1995
5 14 1.55 10,000
1996 10 18 3.1 2,500
5 14 1.55 5,000
1997 10 18 3.1 2,500
5 14 1.55 5,000
2002[b] 100 18 3.1 20,000
2003 50 14 1.55 50,000
2004
2005 100 18 3.1 30,000

See also

References

  1. ^ Images of these coins do not fall under a Wikipedia-compatible license, but can be found at numismatic sites.
  2. ^ The 2002 issue is dedicated to the 20th anniversary of the printing of the Chinese Panda Gold Coin.
  1. ^ a b "Coins of China. Platinum Panda". Retrieved 12 September 2009.
  2. ^ "Platinum and Palladium Charts. London Platinum and Palladium Market (LPPM)". Archived from the original on 10 August 2011. Retrieved 13 September 2010.