Chinese Platinum Panda

The Chinese Platinum Panda is a series of platinum coins of China produced from 1987 to 2005.^[a] The series is named after the image of giant panda printed on the reverse of all coins. The People's Bank of China minted 8,300 one-ounce Platinum Panda coins between 1987 and 1990, with a face value of 100 yuan. Additionally, 5,450 ounces (154.5 kg) of platinum were used for coins of smaller denominations in the 1990s through the first decade of the 21st century.^[1] Minting was discontinued in 2005, mostly due to the increasing price of platinum; while in 1990 the price was about US$490/oz, it crossed the $2,000 mark in the summer of 2008.^[2] All Platinum Pandas, except for coins of 2004–2005, are very rare and their availability can not be judged from the minted volumes.^[1] This is partly because some coins had been remelted.^{[citation needed]}

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