Gold Panda Coin Values and Mintage
1987S GOLD PANDA 50 YUAN MS

1987S  G50Y Gold Panda Coin Obv1987S  G50Y Gold Panda Coin Rev

1987S GOLD PANDA 50 YUAN MS

Specifications: 50 YUAN

Category: Gold Panda Coins

Mintage: 97,076

Catalog: KM-162

Composition: Gold

Fineness: 0.999

AGW: 0.4995oz

Obverse: Temple of Heaven, date below

Reverse: Panda drinking water, denomination below

Numismatic specification data provided by Krause Publications NumisMaster.
         

VarietyPlus

There are no varieties for this coin.

Description & Analysis

Peter Anthony: The 1987 “S” 50 Yuan 1/2 oz. gold Panda was released during the height of the first wave of popularity for the coin series. Compared to earlier years like 1982 and 1983 the quantity minted was prodigious 97,000 (total from both mints). The elegant design of the coins is the handiwork of Mr. Chen Jian of the Shanghai Mint who also created the art for the 1982 Pandas.

There is a wrinkle to the 1987 gold Pandas; they have mintmarks on them. Several of the official Panda distributors, notably Martin Weiss of Panda America, had strongly urged the China Mint to add mintmarks. The distributors believed that mintmarks would increase sales to collectors who would buy both versions. So in 1987 the China Mint placed an “S” on coins struck in Shanghai and a “Y” on coins from Shenyang. Indeed to this day collectors often buy the versions for their sets.

The “S” coins from Shanghai were released months sooner than their “Y” counterparts. Shenyang’s coins did not hit the market until October of 1987. As a result the Shanghai versions achieved wider sales and distribution.

1987 Pandas were well made and nearly 50% of graded coins have received MS-69 status. The bugaboo of 1987 Pandas is the forehead of the Panda. This is the highest point of the coin’s relief and often picks up some rub. If present this rub will easily cost one grading point and possibly more.

The 1987 “S” 1/2 oz. gold Panda Panda is part of three NGC Registry sets: “Gold 1/2 Ounce Panda, 1982-Date, Mint State," "Gold 1/2 Ounce Panda, 1982-Date, Mint State (Incl. Varieties)," and "Gold 1/2 Ounce Panda, 1982-Date, Mint State and Proof"



Gold Panda Coin Price Guide

Description
 
64
65
66
67
68
69
70
1987S GOLD PANDA 50 YUAN MS $ - - - 675 700 775 -

NGC Chinese Modern Coin Price Guide Disclaimer

Gold Panda Coin Census

 

NGC GRADE SUMMARY
50 YUAN

Total Graded: 313
Low Grade: 64
Average Grade: 68
High Grade: 69
The chart showing 64 series, 65 series, 66 series, 67 series, 68 series, 69 series.

1987S GOLD PANDA 50 YUAN MS


NGC Census Detail
Year/Mint
Den
Variety
Desig
Total
60
61
62
63
64
65
66
67
68
69
70
1987S CHINA G50YPANDAMS313    1 91889196 

NGC Registry - Gold Panda Coin

NGC Registry Score
Year/MintDenVarietyDesig6061626364656667686970
1987S CHINA G50Y PANDA MS 1271 1278 1284 1296 1309 1321 1345 1369 1393 1477 2197