Peter Anthony: In 1993 the China Mint minted its first 5 Yuan 1/20 oz. platinum Panda and began a series that would continue until 1997. The mid-1990’s were a time of intense interest and speculation in platinum and the metal was popular for use in jewelry. A mintage of 2,500 was authorized. That many of the coins were indeed used in pieces of jewelry is evidenced by the many coins today that show damage from mounting. This coin is quite scarce in undamaged condition and the number suitable for numismatists must be a fraction of the total struck. The undamaged coins usually grade well. PF-69 coins make up about half of the total. The 1993 5 Yuan platinum Panda is part of the NGC Registry set, “Platinum 1/20 Ounce Panda, 1993-1997, Mint State and Proof.”