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100 Yuan Panda, Platinum
| Issuer | People's Bank of China |
|---|---|
| Year | 1989 |
| Type | Non-circulating coin |
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| Obverse description | Central device depicts a finely detailed view of the Hall of Prayer for Good Harvests (Qiniandian) at the Temple of Heaven in Beijing, rendered in frosted relief against a mirror-polished field. The triple-tiered circular structure is shown in three-quarter perspective atop its marble terrace platform with balustrades and stairways. The Chinese legend 中华人民共和国 (People's Republic of China) arcs along the upper periphery in Chinese characters, and the date 1989 appears in Arabic numerals at the base of the design. |
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| Reverse script | Chinese, Latin |
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| Additional information |
China's platinum Panda series had an extraordinarily short run — issued from 1987 through 1990 before the People's Bank discontinued the denomination entirely. The 1989 issue falls in the middle of that window, a period when the Chinese government was aggressively expanding its bullion programs to attract foreign hard currency. Platinum Pandas from this era were produced in comparatively small numbers and sold primarily through international dealers rather than domestic channels.
The Tiananmen Square crackdown in June 1989 disrupted distribution networks and dampened Western collector interest that year, almost certainly suppressing sales figures below projections.