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 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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^ ab"Coins of China. Platinum Panda". Retrieved 12 September 2009.
^"Platinum and Palladium Charts. London Platinum and Palladium Market (LPPM)". Archived from the original on 10 August 2011. Retrieved 13 September 2010.
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