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1000 Yuan Panda
| Issuer | People's Bank of China |
|---|---|
| Year | 1988 |
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| Currency | Second Rénmínbì (1955-date) |
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| Obverse description | Central device depicts a finely detailed view of the Temple of Heaven (Tiantan) in Beijing, rendered in high relief against a mirror-polished field, with its distinctive triple-tiered circular hall set upon a broad marble terrace with balustrades and ceremonial stairways. The Chinese legend 中华人民共和国 (People's Republic of China) arcs around the upper portion of the field in bold characters. The date 1988 appears in the lower exergue in Arabic numerals. |
|---|---|
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| Obverse lettering | 中华人民共和国 1988 |
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| Additional information |
The 1988 1000 Yuan Panda is the largest denomination in that year's Panda bullion series, striking at one troy kilogram — China's answer to the push by sovereign mints worldwide to capture the ultra-high-net-worth bullion market then being developed by the Canadian Maple Leaf and South African Krugerrand programs. The People's Bank issued the kilo Panda in strictly limited quantities, and 1988 production figures were among the lowest in the early series run.
Each year's Panda series carries a different reverse design, a deliberate policy set from the program's 1982 launch to drive collector demand alongside bullion buyers — an approach that created an entirely separate numismatic market layered on top of the investment one.