Laos issued this piece under a licensing arrangement that allowed it to carry Chinese Panda imagery — a practice the People's Bank of China has permitted selectively with neighboring states as a soft-power instrument. The coin itself has no meaningful circulation history; it was produced entirely for the collector market and exported almost immediately after striking.
Laos issued this piece under a licensing arrangement that allowed it to carry Chinese Panda imagery — a practice the People's Bank of China has permitted selectively with neighboring states as a soft-power instrument. The coin itself has no meaningful circulation history; it was produced entirely for the collector market and exported almost immediately after striking.