Chinese Silver Pandas come directly from the Orient and are presently a great way to invest in silver. The Chinese Silver Panda is a legal tender series of silver bullion coins issued by the People’s Republic of China.
The first silver Panda coins were issued in 1983, 1984 and 1985. They were Proof quality, with a precious metal content of 27 grams of .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, and were 40mm.in diameter. All these coins are now highly collectible and extremely rare.
The first Brilliant Uncirculated 1 ounce .999pure silver Panda coins were issued in1989, and investors around the world were immediately attracted by the superb design of the adorable panda that changes every year (except for 2002). Silver bullion Pandas are minted in different sizes and denominations, ranging from 0.5 troy oz. to 1 kilogram.
Most popular is the 1 ounce .999 silver Panda which weighs 31.22 g, it is 39.0 mm in diameter, and has a face value of 10 Yuan.
The obverse side of the coin depicts the image of the Hall of Prayer for Good Harvest in the Temple of Heaven in Beijing, an example of classic Chinese architecture. There are inscribed characters on top saying “中华人民共和国” , meaning People’s Republic of China and at the bottom the year of issue. If it is a commemorative issue, the theme will be marked here also.
The reverse depicts the panda, China’s rare and famous animal, as the main motif. Loved worldwide for its distinctive coloring, natural and unstrained appearance, meek temperament and innocence, the panda celebrated on the coins gives the Silver Panda bullion coin series an endearing touch. Each Panda coin has a unique style, with a portrait that changes every year (except for 2001 and 2002, which share the same design).
There are many varieties on the types of coins issued, such as Uncirculated, Proof, gold plated / gilded (either side or both), coloured (only obverse side), and privy marked for commemorative issue, which can also be gold plated.
There are several mints that have produced silver Panda coins over the years, including Shenzhen, Shanghai and Shenyang. 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 or the temple that allow 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.
The unique, aesthetic nature, as well as the extensively detailed designs of silver Chinese Pandas makes them a particular favorite among collectors and investors all over the world. Silver Pandas continue to distinguish themselves as some of the finest silver coins in the world, and a great investment option considering the market’s momentum, while coininvest.com stands out as a distinguished reputable dealer, offering unbeatable prices.