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10 Yuan Panda

Issuer People's Republic of China
Year 1997
Type Non-circulating coin
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Obverse description Central depiction of the Temple of Heaven (Hall of Prayer for Good Harvests) in Beijing, rendered in fine detail with its distinctive circular, tiered roofline and marble terrace stairway. The Chinese legend 中华人民共和国 (People's Republic of China) arcs along the upper periphery in raised characters. The date 1997 appears in the lower exergue. The design is executed in a finely milled field with a polished finish.
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Reverse lettering 1/10 oz Au .999 10元
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Additional information

The 1997 Panda gold series was struck during the handover year of Hong Kong, though the coins themselves carry no reference to that event — the Panda program had by then become a reliable annual bullion issue with a collector following built since its 1982 introduction. Each year's design change was a deliberate policy of the People's Bank of China, kept in place specifically to drive annual collector demand rather than generic bullion accumulation.

KM#987 corresponds to the 1/10 oz denomination struck at the Shenzhen Guobao Mint, one of several facilities authorized to strike Pandas in this period, identifiable by a small "SZ" mint mark.

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