Catalog
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| Issuer | People's Bank of China |
|---|---|
| Year | 2020 |
| Type | Non-circulating coin |
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| Obverse description | Central field features the national emblem of the People's Republic of China, depicting the Gate of Heavenly Peace (Tiananmen) above a decorative base, surrounded by five stars, with a wreath of grain ears encircling the emblem. The circular legend 中华人民共和国 (People's Republic of China) is inscribed around the upper portion of the coin in Chinese characters. The date 2020 appears in the lower exergue. The entire design is framed by an intricate decorative border of traditional Chinese scrollwork and floral motifs in high relief. |
|---|---|
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| Edge | Reeded |
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| Additional information |
China's annual lunar gold bullion program dates to 1981, making it one of the longest-running sovereign gold coin series in the world. The 500-gram denomination sits at the top of the 2020 Rat year issue hierarchy, which also included 8g, 15g, 30g, and 150g gold pieces — a tiered structure the People's Bank has maintained to capture both retail and institutional buyers.
The Rat holds the first position in the twelve-year lunar cycle, giving 2020 issues a mild premium in secondary markets among collectors who acquire the full zodiac set.