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200 Yuan Leopard

Issuer People's Republic of China
Year 1981
Type Non-circulating coin
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Obverse lettering 中国出土文物 青铜器 1981
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Mintage 1981 - Proof; Shanghai Mint - 1,000
Additional information

China's early gold bullion program launched in 1981 was partly a foreign exchange initiative — the coins were not intended for domestic circulation but for sale to overseas collectors and investors, generating hard currency at a moment when the PRC was aggressively courting Western capital following the post-Mao opening. The leopard issue from that inaugural year carries a low mintage relative to the panda series that would eclipse it entirely within a few years.

By 1983 the Panda had become the flagship, and the wildlife series was quietly discontinued. First-year 1981 pieces were struck at the Shanghai Mint.

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