1000 Patacas Year of the Horse

Issued as part of Macao's ongoing Chinese lunar series, this coin marks the first Horse year struck entirely under Chinese administration following the 1999 handover from Portugal. The Monetary Authority of Macao had by this point replaced the Issuing Institute of Macao as the territory's sole monetary authority, a structural change that accompanied the political transition.

Mintages for Macao's higher-denomination lunar gold pieces from this period were tightly controlled, with most production absorbed immediately by regional collectors in Hong Kong and mainland China.