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100 Yuan Kite Flying, Gold Bullion

Issuer People's Bank of China
Year 1992
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Weight 31.1 g
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Reverse lettering 蝴蝶风筝 公元前(BC)四世纪 100元
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Mintage 1992 - Proof
Additional information

China's gold Panda series launched in 1982 and quickly became one of the few bullion programs to change its reverse design annually — a deliberate policy that transformed the coins from pure bullion into a parallel collector market. The 1992 kite-flying issue was part of a special subset breaking from the Panda design altogether, produced for the international collector trade at a moment when Chinese numismatic exports were expanding rapidly through authorized dealers in Hong Kong and the United States.

KM#417 is among the more modestly distributed issues from this cultural subset. Mintage figures from the People's Bank for these specialty gold pieces were rarely disclosed with precision.

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