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200 Yuan Panda

Issuer People's Bank of China
Year 2019
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Obverse script Chinese
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Reverse description The reverse presents an intimate and naturalistically rendered scene of two giant pandas — a large adult and a smaller cub — in a nurturing pose, the adult cradling the cub in its forelegs against a subtly textured mountainous background rendered in the field to the left. The high-relief portraiture of the animals employs fine frosted detailing against a mirror-polished field, characteristic of proof-quality Chinese Panda coinage. In the upper left of the field, the Latin inscription '15g Au .999' denotes the coin's weight and fineness, while the denomination '200元' is inscribed in bold numerals and Chinese characters in the lower left field.
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Additional information

The 200 Yuan denomination sits at the midpoint of the annual Panda gold series, which the People's Bank of China switched to metric weights in 2016 — abandoning the troy ounce system it had used since the series launched in 1982. The 15-gram specification dates directly from that reform. Chinese Panda gold coins are legal tender but have never meaningfully circulated; they function as a state-managed bullion and collector product, with mintages controlled annually and the design changed every year, a deliberate policy that sustains secondary market demand.

The 2019 issue shares its obverse design with all other denominations struck that year, as is standard practice for the series since its inception.

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