The Chinese Silver Panda () is a series of silver bullion coins issued by the People's Republic of China. The design of the panda is changed every year and minted in different sizes and denominations, ranging from 0.5 troy oz. to 1 kilogram. Starting in 2016, Pandas switched to metric sizes. The 1 troy ounce coin was reduced to 30 grams, while the 5 troy ounce coin was reduced to 150 grams. There is also a Gold Panda series issued featuring the same designs as the Silver Panda coins.
History
The first Silver Panda coins—issued 10 yuan Panda bullion in 1983, 1984 and 1985—were proof quality, with a precious metal content of 27 grams of 0.900 fine silver and a diameter of 38.6 mm. Mintages were only 10,000 for each year. No Silver Pandas were issued in 1986. The 1987 Silver Panda coins were minted in proof quality from 1 troy oz. of sterling (.925 fine) silver, with a diameter of 40 mm. There are several mints that produced Silver Panda coins over the years, including: Shanghai, Shenyang, and Shenzhen. Unlike coins made by US and German mints that carry mintmarks to distinguish their origin, Chinese mints generally do not carry mintmarks. In certain years there are minor variations in the coin design—such as the size of the date, and temple that allows the originating mint to be determined. An example is 1996 where different mints produced coins with minor variations in the font size of the date on the obverse side of the coins. In 2015, the Gold and Silver Panda coins were not labeled with metal fineness and weight. This information returned in 2016 when the 1 troy ounce coin was replaced by the 30-gram coin (one troy ounce is approximately 31.1 grams).
The official distributor in China for the Silver and Gold Panda coins is the China Gold Coin Incorporation (CGCI).
As of 2020, the highest-priced coin is a perfect 1983 proof panda worth $16,430. The highest-priced, non-proof coin is a perfect large-date 1991 panda worth $3,100.
Specifications
Specifications Weight Face value Diameter Thickness 1 kilogram 300 yuan 100 mm 13 mm 12 troy oz 100 yuan 14 mm 5 troy oz 50 yuan 70 mm 6 mm 150 grams 1 troy ounce 10 yuan 40 mm 30 grams troy oz 5 yuan 33 mm 2.2 mm troy oz 3 yuan 25 mm
Thickness Taking the 1-ounce silver coin as an example, the authentic coin has a thickness of only about 2.6 millimeters, while the thickness of the counterfeit coin exceeds 3 millimeters. If they are of the same thickness, the counterfeit coin will not weigh 31.1 grams.
Reeding The diagonal reeding was first introduced in the 2001 D (Domestic) Gold Panda Coins. This feature was introduced to other Chinese Panda Coins in 2002.
Design
The center of the obverse is a depiction of The Hall of Prayer for Good Harvests, located in the Temple of Heaven complex in Beijing. The Hall was built between 1406 and 1420. Chinese characters on top say "", meaning the People's Republic of China and the bottom the year of issue. If the issue is a commemorative issue, the theme will be marked here also. The reverse shows portraits of the giant panda that changes every year (except for 2001 and 2002, which share the same design).
Minting history
There are many varieties of types of coins issued: Bulk Uncirculated Proof Gilding (either side, or both) Colored (only obverse side known) Privy marked for a commemorative issue Extra wording of a special event. For example, where the coins will be sold, such as a coin show or to commemorate an event or place.
Year Type Description Mintage 1983 Proof Both proof and frosted proof 10,000 1984 1985 1986 0 1987 30,000 1988 0 1989 Proof 8,000 Bulk 255,000 1990 Proof 20,000 Bulk Both large and small dates 200,000 1991 Proof 20,000 Bulk Both large and small dates 100,000 1992 Proof 20,000 Bulk Both large and small dates 100,000 1993 Proof 20,000 Bulk Both large and small dates 120,000 1994 Proof 20,000 Bulk Both large and small dates 120,000 1995 Proof 10,000 Bulk Both large and small dates 200,000 1996 Proof Both narrow and wide bottom 16,000 Bulk Large, small and micro dates 120,000 Beijing Stamp and Coin Expo 25,000 1997 Proof Colorized 100,000 Bulk 50,000 Large and small dates Year of Tourism Chongqing Municipality Beijing Stamp and Coin Expo 30,000 1998 Proof Colorized 100,000 Bulk Large, small and micro dates 250,000 China Aviation Expo 50,000 Beijing Coin Expo 30,000 1999 Proof Colorized 100,000 Bulk 70,000 Beijing Stamp and Coin Expo 40,000 2000 Both frosted and mirrored finishes 70,000 Guangzhou Stamp and Coin Expo 40,000 2001 250,000 Large and small "D". Domestic only sales 2002 500,000 2003 Both frosted and satin finishes 600,000 2004 50th Anniversary of China Construction Bank 170,000 20th Anniversary of Industrial and Commercial Bank of China 120,000 Beijing Stamp and Coin Expo 30,000 2005 600,000 Foundation of Industrial and Commercial Bank of China 100,000 10th Anniversary Bank of Shanghai 50,000 Beijing Stamp and Coin Expo 30,000 2006 600,000 10th Anniversary China Minsheng Bank 70,000 10th Anniversary Bank of Beijing 50,000 Shenyang Horticulture Expo 30,000 10th Anniversary Jinan City Bank 20,000 Beijing Stamp and Coin Expo 30,000 2007 600,000 Xi'an City Bank 100,000 20th Anniversary of China CITIC Bank 2008 600,000 100th Anniversary of Beijing Banknote 100,000 100th Anniversary of Bank of Communications 2009 600,000 30th Anniversary of Chinese modern precious metal coins 300,000 Founding of Agricultural Bank of China 100,000 ChiNext Inauguration 30,000 2010 800,000 Anniversary of listing of Agricultural Bank of China 70,000 20th Anniversary of opening China's capital markets 40,000 90th Anniversary Shanghai Mint 20,000 2011 6,000,000 Running of Beijing-Shanghai High Speed Railway 30,000 60th Anniv. of National Committee of China's Financial Union 10th Anniversary of Shanghai Gold Exchange 30th Anniv. of the Founding of Xiamen Special Economic Zone 20,000 60th Anniversary of the Rural Credit Cooperatives 60th Anniversary of the Aviation Industry World Horticultural Expo 2011 in Xian 2012 8,000,000 100th Anniversary of Bank of China 260,000 20th Anniversary of the founding of Huaxia Bank 50,000 10th Anniversary of Listing of China Merchants Bank 30,000 2013 8,000,000 25th Anniversary of Shanghai Pudong Development Bank 80,000 30th Anniversary of China Everbright Bank 10th Anniversary of China-Asean Expo 2014 8,000,000 60th Anniversary of China Construction Bank 420,000 20th Anniv. of the Agricultural Development Bank of China 85,000 Qingdao World Horticulture Expo 40,000 Singapur International Coin Fair 2,014 2015 8,000,000 20th Anniversary of Bank of Shanghai 60,000 The Year of China in South Africa 10,000 2016 8,000,000 20th Anniversary of Bank of Beijing 50,000 120th Anniversary of Shenyang Mint 30,000 60th Anniversary of All-China Federation of Returned Overseas Chinese 20,000 2017 10,000,000 China International Collection Expo 50,000 2018 10,000,000 30th Anniversary of China Ping An Insurance Group 50,000 30th Anniversary of Industrial Bank 30,000 2019 10,000,000 China International Import Expo 20,000 World Stamp Exhibition 40th Anniversary of State Administration of Foreign Exchange 10,000
See also
Bullion Bullion coin Inflation hedge Silver as an investment
References General 2020 Standard Catalog of World Coins - 1901–2000, 47th Edition, publication date 2019, Krause Publications, 2020 Standard Catalog of World Coins - 2001–Date, 14th Edition, publication date 2019, Krause Publications,
Specific
External links Website of the China Gold Coin Corporation, the official distributor of the Chinese panda coins in China.