China 1988 Gold Coin 5 Yuan Panda Temple of Heaven NGC PF69 Ultra Cameo
Denomination: 5 YUAN
Coin in nearly perfect condition certified PF 69 Ultra Cameo by Numismatic Guaranty Corporation
Category: Gold Panda Coins
Mintage: only 10,000 coins
Obverse: Temple of Heaven, date below
Reverse: Panda pawing bamboo
The 1988 gold 5 Yuan 1/20 oz. Panda Proof is the third five-piece proof set in the Panda series. It was struck at the Shenyang Mint. Each of the 10,000 sets minted contained the five 1/20 through 1 oz. gold Pandas. The proof versions can be distinguished from the B.U. coins by a small P located between the bamboo leaves on the right side of the coin. There is no contrast because the P is frosted just like the background so it is easy to overlook. An updated Temple of Heaven design was introduced in 1988.
Some sets were even melted for their gold content.
The 1988 5 Yuan gold Panda is part of the "Gold 1/20 Ounce Panda, 1983-Date, Mint State and Proof." NGC Registry set.