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100 Yuan Lion Dance

Issuer People's Bank of China
Year 1995
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Currency Second Rénmínbì (1955-date)
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Obverse description The obverse depicts a detailed high-relief view of the Great Wall of China winding dramatically across a mountainous landscape, rendered in fine proof finish against a polished field. The structure is shown with characteristic crenellated battlements and watchtowers receding into the distance. The circular legend 中华人民共和国, meaning 'People's Republic of China', is inscribed along the upper periphery in Chinese characters. The date 1995 appears in the lower exergue in Western numerals.
Obverse script Chinese
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Additional information

The Lion Dance gold series from this period occupied an unusual position in Chinese numismatic production — issued not for domestic circulation but almost entirely for foreign exchange and collector export, a deliberate hard-currency strategy the People's Bank pursued aggressively through the 1990s. The 1995 issue falls within a run that attracted particular attention from Hong Kong and Southeast Asian collectors ahead of the 1997 handover, driving premiums well above melt on the secondary market almost immediately after release.

KM#836 is sometimes conflated with the contemporaneous Unicorn and Panda issues from the same mint year, but the Lion Dance pieces were struck in notably smaller quantities.

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