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50 Yuan Panda, Bimetallic

Issuer People's Bank of China
Year 1990
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Shape Round
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Obverse description The gold centre features a finely detailed frontal view of the Temple of Heaven (Hall of Prayer for Good Harvests) in Beijing, set upon its characteristic three-tiered marble terrace platform. The Chinese legend 中华人民共和国 (People's Republic of China) arcs along the upper portion of the gold field, while the date 1990 appears in the lower exergue. The surrounding silver ring is adorned with an elaborate continuous border of stylised ruyi cloud-scroll ornamental motifs in relief, characteristic of traditional Chinese decorative art.
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Obverse lettering 中华人民共和国 1990
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Additional information

The 1990 bimetallic Panda was among the earliest Chinese coins to combine gold and silver in a single flan, a technique that presented genuine production challenges for the Shanghai and Shenzhen mints still refining their bimetallic joining methods. China's Panda series had launched in 1982 primarily to attract foreign hard currency during the country's push to expand export revenue — collectibility was the explicit goal from the outset, not circulation.

KM#281 carries a mintage low enough that examples appear infrequently at auction outside of specialist Asian numismatic sales.

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