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20 Yuan Panda

Issuer People's Bank of China
Year 2001-2002
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Reference(s) KM#1366
Obverse description Central view of the Hall of Prayer for Good Harvests at the Temple of Heaven, Beijing, rendered in fine relief with its distinctive triple-tiered circular roof and ceremonial stairway flanked by balustrades. The building occupies the central field, set against a frosted background. The legend 中华人民共和国 arcs along the upper rim in Chinese characters, with the date 2001 inscribed in the lower exergue.
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Edge Reeded
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Additional information

The Panda gold series, launched in 1982, was among the first Chinese bullion programs designed explicitly for the international collector market rather than domestic circulation. By 2001, the People's Bank had established an annual design-change policy — breaking from the practice of most world bullion programs — which created immediate secondary market pressure on each year's issue the moment the following year's design appeared.

The 1/20 oz denomination targets the entry-level bullion collector. At this size, the .999 fineness was already pushing the practical limits of die detail reproduction on so small a planchet.

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