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300 Yuan Panda

Issuer People's Republic of China
Year 2006
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Shape Round
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Reverse description Two giant pandas depicted in a naturalistic setting, seated among bamboo stalks and foliage rendered in high relief against a mirror-polished field. The left panda faces forward holding bamboo shoots, while the right panda is turned slightly inward, also feeding on bamboo. The denomination 300元 is inscribed in the upper right field, with the weight and fineness specification 1Kg Ag .999 incused in the lower left portion of the field.
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Reverse lettering 300元 1 Kg Ag .999
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Additional information

China's kilogram Panda series occupies an unusual position in modern bullion: these pieces were never intended to circulate and exist purely as prestige collector items, issued in strictly limited quantities through the People's Bank of China. The 2006 issue arrived during a period when the Chinese mint was aggressively expanding its high-denomination proof program, partly in response to surging domestic collector demand ahead of the 2008 Beijing Olympics.

KM#1662 is among the larger kilogram formats the series produced in the mid-2000s, struck at the Shanghai or Shenyang mint — attribution between the two facilities for specific years remains a point of ongoing collector debate.

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