Catalog
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| Issuer | People's Republic of China |
|---|---|
| Year | 1993 |
| Type | Non-circulating coin |
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| Obverse description | Central device depicts a finely detailed high-relief rendering of the Temple of Heaven (Hall of Prayer for Good Harvests) in Beijing, shown in three-quarter perspective atop its characteristic triple-tiered circular marble terrace with radiating stairways. The Chinese national inscription 中华人民共和国 (People's Republic of China) arcs around the upper field in Chinese characters. The date 1993 appears in the lower exergue in Arabic numerals. The mirror-polished proof field provides deep contrast against the frosted architectural motif. |
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| Obverse lettering | 中华人民共和国 1993 |
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| Additional information |
The 1993 1-kilogram Panda is among the largest gold coins China has ever produced for the collector market, issued at a point when the People's Bank of China was still establishing the Panda series as a serious international investment vehicle. The series had launched in 1982, and by the early 1990s mintages on the largest denominations were deliberately kept low to sustain secondary-market premiums — a policy that succeeded, perhaps too well, in making these pieces effectively inaccessible to most collectors at the time of issue.
The 1993 date carries additional significance: it preceded the 1994 shift away from year-specific designs on the bullion versions, a policy change that briefly caused confusion among dealers distinguishing collector from investment issues.