The Chinese Panda coin program from the Chinese Mint is one of the more desirable coins among numismatists today. Not only is the Chinese Panda available gold and silver, it features a new design every year that attracts collectors to the coin as well. The 2016 30 Gram Silver Chines Panda coin is currently available on Silver.com in perfect condition.
- New weight marks in Grams for 2016.
- Arrives in a protective plastic slab.
- Consists of 30 grams, or .9645 troy ounces, of .999 fine silver.
- Bears a face value of ¥10 (Yuan) backed by the Chinese government.
- Issued a grade of Mint State 70 by the Numismatic Guaranty Corporation.
- Features the latest Giant Panda design from the Chinese Mint.
Silver Chinese Panda coins have a big change this year courtesy of the Chinese Mint. Struck every year with weights measured in Troy ounces, the Chinese Mint has opted to forego using the standard system in favor of listing its coin weights in grams. The Silver Chinese Panda is the first major bullion coin program in the world to use grams instead of Troy ounces for weight markings.
All 2016 Silver Chinese Panda coins in this listing are considered perfect specimens by the NGC. Coins with an MS70 grade have full, original luster from the mint and lack blemishes, breaks in the luster, contact marks, or other detracting flaws.
On the obverse face of the coin is the image if a panda as it relaxes on a fallen tree trunk. A wall of bamboo is visible in the background, while the coin’s face value, weight, metal content, and purity are engraved below the design set.
The reverse features the Temple of Heaven. This design feature has been used on the Silver Chinese Panda, without change, since 1982. Engravings read “People’s Republic of China” above (in Mandarin) and the coin’s year of issue below.
The Chinese Mint is operated by a private company under the oversight and authority of the People’s Bank of China. Silver Panda coins are minted at various facilities, but lack mint marks to identify their specific origin.
If you have any questions, please don’t hesitate to ask. Silver.com associates are available at 888-989-7223, online using our live chat, and via email.