Description: Peter Anthony: The 1987 “S” 50 Yuan 1/4 oz. gold Panda was released during the height of the first wave of popularity for the coin series. Compared to earlier years like 1982 and 1983 the quantity minted was prodigious 97,000 The elegant design of the coins is the handiwork of Mr. Chen Jian of the Shanghai Mint who also created the art for the 1982 Pandas. There is a wrinkle to the 1987 gold Pandas; they have mintmarks on them. Several of the official Panda distributors, notably Martin Weiss of Panda America, had strongly urged the China Mint to add mintmarks. The distributors believed that mintmarks would increase sales to collectors who would buy both versions. So in 1987 the China Mint placed an “S” on coins struck in Shanghai and a “Y” on coins from Shenyang. Indeed to this day collectors often buy the versions for their sets. The “S” coins from Shanghai were released months sooner than their “Y” counterparts. Shenyang’s coins did not hit the market until October of 1987. As a result the Shanghai versions achieved wider sales and distribution. Coin “As Is” per photos, has small mark on bottom right corner. All metals are verified with Sigma Precious Metals Verifier. You may ask for verification on any of my coins for sale at anytime.
Price: 825 USD
Location: Big Sandy, Texas
End Time: 2025-01-02T22:20:56.000Z
Shipping Cost: N/A USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Coin: Chinese Panda
Composition: Gold
Year: 1987-S
Strike Type: Business
Fineness: 0.999
Grade: Ungraded
Precious Metal Content per Unit: 1/4 oz
Country/Region of Manufacture: China
Unit Quantity: 1
Total Precious Metal Content: 1/4
Brand/Mint: Chinese Mint
Certification: Uncertified