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100 Yuan Panda

Issuer People's Republic of China
Year 2023
Type Non-circulating coin
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Reverse description Two giant pandas (Ailuropoda melanoleuca) are depicted in a naturalistic scene occupying the majority of the reverse field: a juvenile panda is shown in the lower left foreground facing right with one paw raised, while a larger adult panda descends from the upper right amid a profusion of leafy bamboo branches rendered in fine detail. The denomination 100元 appears in raised numerals and characters in the lower right field, and the inscription 8g Au.999 is incused along the left border, denoting the coin's weight and gold fineness. The composition conveys a sense of playful interaction between the two animals against a polished mirror background.
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Mint China Gold Coin Inc. (CGCI)
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Additional information

China's Panda gold series, launched in 1982, was the first major government-issued bullion program to change its reverse design annually — a deliberate policy by the People's Bank of China to drive collector demand alongside investment buying. That decision proved commercially shrewd; it created a secondary market for date-specific pieces that purely bullion-focused programs like the Krugerrand never generated.

The 2023 issue is denominated at 100 Yuan but trades entirely on gold content and collector premium. No one has ever spent one.

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