Chinese Silver Panda Explained

Denomination:Silver Panda
Country:China
Value:10
Unit:Yuan (face value)
Mass G:30
Mass Troy Oz:.965
Diameter Mm:40
Thickness Mm:<=3
Diameter Inch:1.52
Thickness Inch:0.118
Edge:Reeded slanted left
Years Of Minting:1983-present
Obverse:China silver panda coin 2018 reverse.png
Obverse Design:The Hall of Prayer for Good Harvests located in the Temple of Heaven complex
Reverse:China silver panda coin 2018 obverse.png
Reverse Design Date:2017

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).[1]

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[2]
WeightFace valueDiameterThickness
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.[3]

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.[4]

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 "Chinese: 中华人民共和国", 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:

  1. Bulk Uncirculated
  2. Proof
  3. Gilding (either side, or both)
  4. Colored (only obverse side known)
  5. Privy marked for a commemorative issue
  6. 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.
YearTypeDescription[5] [6] Mintage
1983ProofBoth proof and frosted proof10,000
1984
1985
19860
198730,000
19880
1989Proof8,000
Bulk255,000
1990Proof20,000
BulkBoth large and small dates200,000
1991Proof20,000
BulkBoth large and small dates100,000
1992Proof20,000
BulkBoth large and small dates100,000
1993Proof20,000
BulkBoth large and small dates120,000
1994Proof20,000
BulkBoth large and small dates120,000
1995Proof10,000
BulkBoth large and small dates200,000
1996ProofBoth narrow and wide bottom16,000
BulkLarge, small and micro dates120,000
Beijing Stamp and Coin Expo25,000
1997ProofColorized100,000
Bulk50,000
Large and small dates
Year of Tourism
Chongqing Municipality
Beijing Stamp and Coin Expo30,000
1998ProofColorized100,000
BulkLarge, small and micro dates250,000
China Aviation Expo50,000
Beijing Coin Expo30,000
1999ProofColorized100,000
Bulk70,000
Beijing Stamp and Coin Expo40,000
2000Both frosted and mirrored finishes70,000
Guangzhou Stamp and Coin Expo40,000
2001250,000
Large and small "D". Domestic only sales
2002500,000
2003Both frosted and satin finishes600,000
2004
170,000
120,000
Beijing Stamp and Coin Expo 30,000
2005600,000
Foundation of Industrial and Commercial Bank of China100,000
50,000
Beijing Stamp and Coin Expo 30,000
2006600,000
70,000
50,000
Shenyang Horticulture Expo 30,000
10th Anniversary Jinan City Bank 20,000
Beijing Stamp and Coin Expo 30,000
2007600,000
Xi'an City Bank 100,000
20th Anniversary of China CITIC Bank
2008600,000
100th Anniversary of Beijing Banknote 100,000
2009600,000
30th Anniversary of Chinese modern precious metal coins300,000
Founding of Agricultural Bank of China100,000
ChiNext Inauguration30,000
2010800,000
Anniversary of listing of Agricultural Bank of China70,000
20th Anniversary of opening China's capital markets40,000
90th Anniversary Shanghai Mint20,000
20116,000,000
Running of Beijing-Shanghai High Speed Railway30,000
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 Zone20,000
60th Anniversary of the Rural Credit Cooperatives
60th Anniversary of the Aviation Industry
World Horticultural Expo 2011 in Xian
20128,000,000
100th Anniversary of Bank of China260,000
20th Anniversary of the founding of Huaxia Bank50,000
10th Anniversary of Listing of China Merchants Bank30,000
20138,000,000
25th Anniversary of Shanghai Pudong Development Bank80,000
30th Anniversary of China Everbright Bank
10th Anniversary of China-Asean Expo
20148,000,000
60th Anniversary of China Construction Bank420,000
20th Anniv. of the Agricultural Development Bank of China85,000
Qingdao World Horticulture Expo40,000
Singapur International Coin Fair2,014
20158,000,000
20th Anniversary of Bank of Shanghai60,000
The Year of China in South Africa10,000
20168,000,000
20th Anniversary of Bank of Beijing50,000
120th Anniversary of Shenyang Mint30,000
60th Anniversary of All-China Federation of Returned Overseas Chinese20,000
201710,000,000
China International Collection Expo50,000
201810,000,000
30th Anniversary of China Ping An Insurance Group50,000
30th Anniversary of Industrial Bank30,000
201910,000,000
China International Import Expo20,000
World Stamp Exhibition
40th Anniversary of State Administration of Foreign Exchange10,000

See also

References

General
Specific

External links

Notes and References

  1. Web site: 37-year History in Two-half Pages . Coin Week . 19 February 2019 . 17 February 2020.
  2. Web site: Chinese Silver Panda Coin Prices. ngccoin.com. 30 June 2019.
  3. Web site: 熊猫币如何鉴别真伪 熊猫币的鉴定方法要点有哪些 . 2019-04-16. Sohu.
  4. Book: Anthony, Peter . Gold & Silver Panda Coin Buyer's Guide . 5th . 2016 . Peter Anthony . 138 . January 1, 2016.
  5. Web site: 10 Yuan Price Guide . PCGS . 18 February 2020.
  6. Web site: China silver panda - Special editions . Buillionweb.de . 18 February 2020.