15 Yuan 25th Anniversary of Panda Coinage

The Chinese Panda series launched in 1982 as one of the first bullion programs issued by the People's Republic, partly designed to generate hard currency during a period when China was aggressively opening its economy to foreign investment. This 2007 piece marks the 25th year of that program. The series is notable for changing its reverse design annually — a deliberate policy that transformed what might have been a straightforward bullion product into an actively collected series, sustaining premium demand well above melt value.

At 1.24 g, this is the smallest denomination in the 2007 anniversary release, struck in five-nines gold to the same fineness standard maintained throughout the series.