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200 - Pandas
| Issuer | People's Republic of China |
|---|---|
| Year | 2019 |
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| Composition | Log in to see details |
| Size | 155 x 75 mm |
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| Obverse description | Multicoloured guilloche underprint with large numeral '200' denomination. Central vignette of a mother giant panda with cub. Red official seals, serial number in red, and date inscribed. Title inscription in Chinese characters above the panda vignette. |
|---|---|
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| Reverse lettering | ZHONGGUO GUOBAO XIONGMAO 中国国宝熊猫 200 (Translation: China's National Treasure: Giant Panda 200) |
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| Comments |
China's panda-themed commemorative notes occupy a peculiar niche — they are issued as collector pieces rather than circulating currency, and the 2019 edition continues that pattern. The People's Bank of China has released panda commemoratives periodically since the 1990s, typically in limited quantities with controlled distribution through state banking channels, which keeps secondary market premiums stubbornly high relative to face value.
Paper composition is notable here — by 2019 most PBC commemoratives had shifted toward polymer substrates, making a paper issue within this series worth flagging for collectors tracking production variants.