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1 Yuan Archery, Piedfort
| Issuer | People's Bank of China |
|---|---|
| Year | 1980 |
| Type | Log in to see details |
| Value | 1 Yuan (1元, 壹圓) |
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| Composition | Log in to see details |
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|---|---|
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| Reverse description | Two kneeling archers rendered in a dynamic, sculptural style dominate the central field, each drawing a bow aimed upward toward two birds in flight at the upper right, evoking the ancient Chinese practice of aerial archery. A bare branching tree separates the two figures, adding depth and compositional balance. In the upper left, the Chinese national flag and the five interlocked Olympic rings appear together, identifying the commemorative context. A small seal-script cartouche is present at the lower right of the field. Along the lower rim, the inscription '中国奥林匹克委员会' (Chinese Olympic Committee) is engraved in bold Chinese characters, with the date '1980' below in Arabic numerals. |
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| Edge | Reeded |
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| Additional information |
China's 1980 Olympic commemorative piedfort series was produced specifically for the XIII Winter Olympics and the XXII Summer Olympics held that year in Lake Placid and Moscow — the latter famously boycotted by the United States and 65 other nations. The piedfort format, double the standard planchet thickness, was aimed squarely at overseas collectors rather than domestic circulation, part of an early push by the People's Bank to generate hard currency through numismatic exports during the post-Mao opening period.
KM#P3 is among the scarcer of the Olympic piedfort issues from this series, with mintages kept deliberately low.