Chinese Silver Panda (China)

Chinese Silver Panda (China)

China issued its first ever Silver bullion coin, the Chinese Silver Panda, in 1983. The reverse design of these coins, which depicts a panda, the coins purity, and its date, changes every year (except for 2001 and 2002, which share the same design). The 2011 coin is designed with a mother panda and a cub in a bamboo setting.

On the front of each coin is the famous "Temple of Heaven" that is located in Beijing. Pandas are minted in different sizes and denominations, ranging from 0.5 troy oz. to 1 kilogram. The 1 troy oz coin has a face value of 10 yuan, a silver purity of 99.9%, a 40mm diameter, and a weight of 31.1 grams.

It should be noted that China Governments do not have mint marks, making it almost impossible to know which mint actually created the coin. A warning should also be noted that in 2006 there was a huge release of counterfeit Panda coins in the market. One of the telltale signs of many of the fakes is the lack of face value on the coin itself, which all authentic silver Panda coins have.

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