1987-S 1 oz Chinese Gold Panda Coin (Sealed)

$3,600.00

1987-S 1 oz Chinese Gold Panda Coin (Sealed)

Product Title 1987-S 1 oz Chinese Gold Panda Coin (Sealed)
Year 1987
Mint Mark S – Shanghai
Purity .999
Manufacturer Chinese Mint
Thickness 2.70 mm
Diameter 32.05 mm
Condition Uncirculated
Face Value 100 Yuan
Issuing Country Republic of China
Edge Design Reeded
Series Chinese Panda
CoA No
Mintage 84,000
Packaging Type Sealed
Package Dimensions 2 x 2 x 0.5
Metal Weight 1 Troy Ounce

Description

1987-S 1 oz Chinese Gold Panda Coin (Sealed)

In 1987, the Chinese Gold Panda coin series was still a relatively new product on the market. This year is one of the most memorable dates in the series as it is the only known date mark in which the Chinese Mint issued by Gold Pandas at two different branch mint locations. Now, 1987-S 1 oz Chinese Gold Panda Coins are available to you for purchase online.

Coin Highlights:

  • Coins arrive inside sealed pouches!
  • 6th year of availability in the Chinese Gold Panda Series!
  • Only known date mark with two mints issuing Gold Pandas!
  • Contains 1 Troy oz of .999 pure gold.
  • Issued a face value of 100 Yuan by the government of China.
  • Obverse features the Hall of Prayer for Abundant Harvests.
  • Reverse includes a depiction of the Giant Panda.

The 1987 release of the Chinese Gold Panda came at a time of growing diversity in the gold bullion market. The American Gold Eagle and Australian Gold Nugget/Kangaroo debuted in 1986, while the British Gold Britannia debuted in 1987. The release of three coins alone doubled the size of the gold bullion coin market.

In 1987, the Chinese Mint issued Gold Pandas at both the Shenyang and Shanghai Mints, the only known year production occurred at two separate mints. The S mint mark on these coins indicates production took place at Shanghai. The Shanghai Mint, also known as the Shanghai Minting Corporation, is one of the oldest mints in China, with a history dating back over a century. It was established in 1920 and has played a crucial role in producing coins, medals, and other numismatic items.

For the obverse design of the 1987-S 1 oz Gold Panda Coin, the mint features the image of the Hall of Prayer for Abundant Harvests. This image has featured on the obverse of the coins annually since 1982 and depicts the largest building in the Temple of Heaven Complex with an exterior view of its main staircase.

In the reverse field of 1987-S Chinese Gold Panda Coins, you will find a 1987-exclusive design of the Giant Panda. Here, the panda is standing near a small pond as it leans down to sip from the waters of the pond.

Your 1987-S 1 oz Chinese Gold Panda Coin is available individually. Each coin is sealed in a pouch.

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