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5 Yuan Ship Building, Silver Bullion

Issuer People's Bank of China
Year 1992
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Currency Second Rénmínbì (1955-date)
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Obverse description A detailed high-relief depiction of a section of the Great Wall of China occupies the central field, rendered with fine architectural detail including crenellated battlements, watchtowers, and rocky mountain terrain with foliage in the foreground. The Chinese legend 中华人民共和国 (People's Republic of China) arcs around the upper periphery in Chinese characters. The date 1992 appears in the lower exergue in Arabic numerals. The design showcases the characteristic proof finish with frosted devices contrasting against a mirror-polished field.
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Edge Reeded
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Additional information

China's silver bullion program in the early 1990s included a handful of thematic issues tied to state industrial achievements, of which shipbuilding was among the more commercially targeted — aimed squarely at export and collector markets in Japan and Southeast Asia rather than domestic circulation. The People's Bank issued these through the China Gold Coin Corporation, which controlled all foreign distribution.

The .900 fineness is notably lower than the .999 standard China adopted for most of its Panda bullion series, placing this issue in an intermediate category that satisfies neither pure bullion investors nor type collectors without reservation.

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