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50 Yuan Panda

Issuer People's Bank of China
Year 2011
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Weight 3.11 g
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Obverse script Chinese
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Reverse description The reverse presents a finely sculpted scene of an adult giant panda and a cub facing each other in an intimate pose, set against a background of bamboo stalks and foliage rendered in delicate relief. The two animals are depicted on a decorative ground panel bearing a leaf motif along the lower register. The denomination 50元 appears at the top of the field in bold raised numerals and characters. The purity and weight inscription 1/10 oz Au .999 is incused or raised along the lower margin beneath the ground line, attesting to the coin's gold content and fineness.
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Additional information

The Chinese Panda gold series, launched in 1982, was one of the first bullion programs to change its reverse design annually — a deliberate policy decision that transformed the coins from pure bullion instruments into collectibles, driving demand well beyond what weight-based investors alone would generate. By 2011, this had become a defining feature of the series, with the People's Bank leaning into collector demand rather than resisting it.

KM#1978 corresponds to the 1/10 oz denomination within that year's issue. The annual design rotation means dies for any given year are retired permanently, with no restrikes authorized.

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