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100 Yuan Panda

Issuer People's Republic of China
Year 1987
Type Non-circulating coin
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Obverse description Central view of the Hall of Prayer for Good Harvests at the Temple of Heaven, Beijing, rendered in finely detailed relief showing the triple-tiered circular structure, its distinctive conical roof, broad marble terrace, and ceremonial stairway leading to the entrance. The curved upper legend reads 中华人民共和国 (People's Republic of China) in Chinese characters arranged around the upper field, while the date 1987 appears in the lower exergue beneath the architectural motif. The design captures the building's surrounding balustrades and expansive platform in precise architectural detail.
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Reverse script Chinese/Latin
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Additional information

China's Panda gold series launched in 1982 as a deliberate play for the international bullion collector market, modeled partly on the South African Krugerrand's commercial success but positioned as an annual collectible rather than a pure bullion instrument. The 1987 issue is notable within the series because it was the last year before the People's Bank of China began adding mintage figures directly to the coin — a change introduced in 1988 that fundamentally altered how collectors valued individual dates.

Struck at the Shenzhen, Shanghai, and Shenyang mints simultaneously, the 1987 one-ounce issue carries no mint mark to distinguish its origin facility.

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