Chinese Gold Panda 5 Coin Proof Set 1987 With Box

The Chinese Gold Panda 5 Coin Proof Set 1987 is a prestigious and highly collectible issue from the People’s Republic of China, struck to exquisite proof quality and presented in its original box with a certificate of authenticity. The Gold Panda series, introduced in 1982, quickly gained international acclaim for its annually changing panda designs, superb artistry, and high gold purity. By 1987, the series was firmly established as one of the premier modern bullion and collector programs, rivaling the American Gold Eagle and the Canadian Gold Maple Leaf. This five-coin proof set represents the pinnacle of the series for that year, showcasing the panda design in a complete range of fractional sizes and the full one-ounce coin, each meticulously crafted for the collector market.

One of the defining features of the Gold Panda program is its use of annually changing panda imagery on the reverse, a decision that has made the series particularly appealing to collectors. The 1987 design depicts a charming panda sitting on a rock, grasping a bamboo branch, with additional bamboo foliage in the background. The scene captures both the playfulness and gentle nature of the panda, China’s national treasure. The proof finish heightens the artistic impact, with deeply mirrored fields surrounding frosted devices to create a stunning visual contrast that is far more pronounced than on standard bullion issues.

The obverse of each coin in the 1987 proof set features the iconic image of the Hall of Prayer for Good Harvests, located within the Temple of Heaven complex in Beijing. This revered Ming Dynasty structure is intricately engraved, with its tiered roof, ornate details, and stone steps rendered in sharp relief. Encircling the design are Chinese characters that translate to “People’s Republic of China,” along with the year of issue, “1987.” The obverse’s combination of historical architecture and precise engraving serves as a dignified counterbalance to the more whimsical panda motif on the reverse.

The 1987 five-coin proof set contains all standard Gold Panda denominations for that year: the 1 oz (100 Yuan), 1/2 oz (50 Yuan), 1/4 oz (25 Yuan), 1/10 oz (10 Yuan), and 1/20 oz (5 Yuan) coins. Each is struck in .999 fine gold to exacting weight standards, making the set a total of 1.9 troy ounces of pure gold. The fractional sizes offer variety and appeal to collectors who appreciate the ability to enjoy the design across different diameters, with each size offering slightly different visual emphasis on the panda scene.

Proof Gold Pandas are struck multiple times using specially prepared dies to achieve razor-sharp details and mirrored surfaces. The frosted panda, rock, and bamboo elements appear to float above the glossy fields, and the reflection effect on proof gold creates an added layer of elegance. The minting quality from the China Mint in 1987 was already at a world-class level, and the precision seen on these coins rivals the best from any other national mint of the time.

The mintage of the 1987 Gold Panda proof coins was significantly lower than that of the bullion issues, and the complete five-coin proof sets were produced in limited quantities to serve the collector market. Low mintage numbers, combined with the fact that many sets were broken up over the years for individual coin sales, make complete sets in their original packaging increasingly rare. Collectors value these intact sets both for their scarcity and for their numismatic cohesion as a matched group from a single year.

The set comes housed in an elegant original presentation box, often made of polished wood or leatherette-covered material, with a fitted interior to cradle each coin in a protective capsule. A certificate of authenticity issued by the China Mint accompanies the set, providing details on the weight, purity, denomination, and proof quality of each coin. This original packaging not only protects the coins but also enhances the set’s collectibility and resale value, as collectors prize complete sets with all original components intact.

Condition is paramount for proof coins, and the 1987 Gold Panda proof set in its original box is typically expected to be in pristine condition, with coins remaining untouched in their capsules. Proof coins are highly susceptible to fingerprints, hairlines, or other surface marks, so the preservation of the mirrored fields and frosted devices is essential to maintaining full value. Sets that have remained sealed and properly stored since purchase are the most desirable, especially when the presentation box and certificate show minimal wear.

From a market perspective, the 1987 Gold Panda five-coin proof set appeals to two primary buyer groups: bullion investors seeking the security of .999 fine gold and numismatic collectors drawn to the artistry, limited mintage, and prestige of the Panda series. Over the decades, the Gold Panda program has built a loyal global following, and early proof sets like this one have seen consistent demand in both Asian and Western markets. The combination of gold content, exceptional minting, and collectible scarcity often results in premiums above the intrinsic metal value.

In summary, the Chinese Gold Panda 5 Coin Proof Set 1987 with Box represents a remarkable blend of precious metal investment and numismatic artistry. Containing 1.9 ounces of pure gold across five denominations, each coin displays the beloved 1987 panda design in proof perfection. The low mintage, original presentation packaging, and the prestige of owning a complete early-year set all contribute to its desirability. Whether acquired as part of a long-term gold investment strategy, as a centerpiece for a Panda coin collection, or as a cherished heirloom, this set is a shining example of why the Chinese Gold Panda series continues to captivate collectors worldwide.

• Denomination: N/A
• Year: 1987
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• Grade: N/A