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20 Yuan Panda

Issuer People's Bank of China
Year 2011
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Value 20 Yuan (20元, 贰拾圆)
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Obverse description Central device depicts the Temple of Heaven (Tiāntán) in Beijing, rendered in fine detail with its characteristic triple-tiered circular hall and surrounding balustrade wall, set against a frosted field. The Chinese legend 中华人民共和国 (People's Republic of China) arcs along the upper periphery within a raised border. The date 2011 appears in the lower field beneath the central motif.
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Edge Reeded
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Additional information

The Panda series, launched in 1982, was China's first bullion coin program aimed squarely at the international collector and investor market. Each year carries a new design — a deliberate policy decision made to drive annual demand and prevent secondary-market saturation of any single issue. The 2011 series falls within the period when the People's Bank was aggressively expanding Panda distribution into European and North American dealer networks.

The 1/20 oz size was introduced specifically to lower the entry price point for collectors priced out of the larger denominations.

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