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150 Yuan Year of the Rat

Issuer People's Republic of China
Year 1984
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Composition Gold (.917)
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Obverse description Central motif depicting Qianmen (Front Gate), the historic Ming Dynasty watchtower gate of Beijing, rendered in fine detail with its multi-tiered pagoda superstructure atop a massive crenellated stone platform, flanked by decorative wall parapets and framed by stylized trees and rocks at the base. The Chinese characters 前門 (Qianmen) appear to the upper right of the gate, with the cyclical characters 甲子 (jiǎzǐ, denoting the Year of the Rat in the sexagenary cycle) inscribed to the left. The legend 北京 (Beijing) and the date 1984 appear in the lower field. The design is contained within a fine beaded inner border.
Obverse script Chinese
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Additional information

China's gold panda-adjacent lunar series began in earnest in the early 1980s as the People's Bank sought hard currency earnings through collector sales abroad — domestic ownership of gold remained heavily restricted for ordinary Chinese citizens at the time. The 1984 rat issue was part of that first wave of lunar gold pieces, aimed squarely at overseas Chinese communities and international numismatic markets rather than any domestic audience.

The .917 fineness follows the 22-karat standard rather than the .999 used in the contemporaneous Panda bullion series — a deliberate distinction between the collector lunar issues and the investment-grade pieces.

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