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150 Yuan Unicorn

Issuer People's Republic of China
Year 1994
Type Non-circulating coin
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Obverse script Chinese
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Reverse description Central device portrays a prancing Western unicorn facing left, its flowing mane and tail rendered in fine high relief, surrounded by an elaborate wreath of roses and other blossoms encircling the lower and lateral fields. The denomination 150元 is inscribed to the left of the unicorn in the field. A bilingual arc legend reading 中美吉祥物麒麟(UNICORN)curves along the upper portion of the coin, combining Chinese characters and the Latin word UNICORN in parentheses.
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Additional information

China's Unicorn series launched in 1994 as a direct competitor to the Panda bullion program, targeting collectors rather than the spot-silver market. The 150 Yuan denomination placed this piece firmly outside everyday commerce from the moment of issue — a 622-gram coin was never going to circulate. Production was handled at Chinese state mints under tight mintage controls, and the series was discontinued after only a few years, making the 1994 inaugural issue the one collectors anchor the set to.

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