Peter Anthony: The 2004 gold 10000 Yuan 1 kg. Panda is the seventh kilo gold in the series. Unlike the older 12 oz. gold Pandas the kilo golds share the same design as the smaller coins of their year. So this is the first kilo gold Panda to feature more than one animal. It was released at a time when gold itself was just coming out of a deep-freeze and sales of new coins were tepid. The fate of many of these coins is unknown and the actual mintage may be lower than the reported one. With such large, soft surfaces these coins seem to attract marks and a near-perfect PF69 coin is not commonplace at all. Some of the flaws were likely already on the coins by the time they were shipped from the mint.
The 2004 10000 Yuan gold Panda is part of the “Gold 1 Kilo Panda, 1997-Date, Proof” NGC Registry set.