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50 Yuan Year of the Dragon

Issuer People's Bank of China
Year 2000
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Reference(s) KM#1323
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Reverse description The reverse presents an elaborate high-relief composition depicting two sinuous Imperial dragons (双龙戏珠, 'Two Dragons Playing with a Pearl') facing each other across the central field, their scaled bodies rendered in exceptional detail with claws, manes, and whiskers finely engraved against a deeply mirrored proof background. A flaming pearl is suspended at the apex between the two dragon heads, with stylised auspicious clouds dispersed throughout the field. The denomination 50元 appears in the lower left field, while the cyclical year designation 庚辰 is inscribed vertically at the right. The descriptive legend 双龙戏珠 is positioned along the lower right, completing the composition.
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Reverse lettering 50元
庚辰
双龙戏珠
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Additional information

China's Year of the Dragon issues have historically drawn the strongest collector premiums in the lunar series, and the 2000 edition — struck at the turn of the millennium — benefited from compounded demand. The People's Bank allocated these five-ounce pieces across both domestic and international distribution channels, but export demand from overseas Chinese communities consistently outpaced supply in the secondary market.

KM#1323 is the colorized variant of this issue. China's mint introduced applied color to its lunar program in the late 1990s, making this one of the earlier examples of that technique in the series.

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