Chinese Silver Panda (1983-Date)
Among investors and coin collectors, Chinese Silver Pandas, which show the charming bear indigenous to the area, are a favorite. The Silver Panda’s origins were rocky, but it has now established itself as one of the world’s most popular silver bullion coins.
Every year, the reverse of the Silver Panda coin is altered to display a different panda bear design. With a forest full of bamboo shoots, the panda is often pictured. The Chinese panda is indeed available as a gold coin, which is something to be aware of.
The back of the Silver Panda shows Beijing’s Taoist Temple of Heaven. The Ming Dynasty constructed this temple in 1420. Its primary function was to serve as a place of worship for Chinese kings and other nobility. While the panda’s reverse design has undergone several revisions, the temple’s design has stayed virtually unchanged.
Chinese Silver Panda Size & Specs
| Mint Date | 1983-Date |
| Face Value | 10 Yuan |
| Weight | 1 Troy Oz |
| Purity | .999 |
| Diameter | 40 mm |
| Thickness | 2.98 mm |
Chinese Silver Panda Value
How To Invest In Chinese Silver Panda Coins
Since 1989, six distinct weights of Chinese Silver Panda coins have indeed been struck in both bullion and proof varieties. In addition, there are 1/4 ounce as well as 1/2 ounce, one ounce, five ounces, 12 ounces, and a kilogram of the substance. The most popular one-ounce Chinese Silver Pandas have the following specifications:
- It weighs 31.11 grams.
- 40 mm in diameter.
- 40 mm in diameter.
- The silver content is 99.9%.
The face value of each Chinese Silver Panda is clearly visible on each one. The 1-kilogram coin costs 300 Yuan, whereas the 3 Yuan 1/4 ounce coin is the smallest denomination. The 10 Yuan face value of the most common one-ounce currency is quite popular. Coins with these face values are legal tender in the People’s Republic of China and may be exchanged for cash. These silver coins are really worthless since no one actually uses them for what they are worth. Coins have a far larger market worth than their nominal face value would imply.
History of Chinese Silver Panda
In 1983, after the popularity of the Chinese Gold Panda, the first Silver Panda was launched with a proof finish. During the period from 1983 through 1985, Silver Pandas contained less silver than most ordinary bullion coins, weighing less than an oz and having only.900 pure silver. In 1986, there were no Silver Pandas made.
In 1987, the weight & purity of Silver Pandas were changed to fulfill the needs of customers. The first Panda coin was issued in 1987, weighed one troy ounce, and was made of.999 pure silver for its entire existence. In 1988, there were no Silver Pandas made. The mint’s decision to prioritize other goods in 1986 & 1988 is most likely to blame for the two years in which no coins were produced.
BU-finished Silver Pandas first appeared in 1989. The “P” was also added on the obverse of proof Silver Pandas this year.
The Design of Coins
The face that is facing forward on a coin is known as the obverse. On the obverse of Chinese Silver Panda coins is a depiction of the “Temple of Heaven,” which is located in southern Beijing. In addition to it, the Chinese characters for the inscription “The People’s Republic of China” are included on them. There is no longer any indication of weight or purity on any of them, beginning with the coins for the year 2015 and continuing forward. This includes the term “ounce” and any other note. There is no indication on the coins themselves that this change has taken place; nonetheless, all of the coins are now being weighed using the metric system.
On the reverse sides of the coins, also known as the back sides, there is always a picture of the Panda Bear. From one year to the next, this particular photo will look different. The artwork from that year featured a panda that was grasping a big section of bamboo. The face value was shown in the space underneath the picture. The design of the Chinese Silver Panda was updated in 2015 to include a single panda bear munching on a sliver of bamboo. On the design for that year’s issue, the face value was printed above the picture.
Popularity of Chinese Silver Panda
Silver Pandas started receiving a new panda design each year in the mid-1990s. Many bullion collectors were delighted by this, as they wanted to have each adorable bear in their collection. The Chinese Mint, on the other hand, continued to use the same panda design in 2001 and 2002. Consumers’ complaints led to a 2003 restart of new yearly panda designs, which has continued to this day.
Since the metric system is more widely used, troy ounces of Silver Pandas were replaced with grams in 2016. The one troy ounce Panda was replaced with the 30-gram Panda, which is not precisely the same weight.
Sell Chinese Silver Panda Coins
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