2016 China 30 gram Silver Panda BU (In Capsule)
As low as $10.49 per coin over spot!
The Silver Panda is a treasured collectible for its yearly changing design. In 2016, this series changed to match the metric system. The 1 oz Silver Panda was replaced with the 30 gram Silver Panda, still containing .999 fine Silver.
- Contains 30 grams (.9645 oz) of .999 fine Silver.
- Coins are no longer in sealed sheets of 30. They now come in plastic holders containing 15 coins. Each coin will still be in a capsule.
- Eligible for Precious Metals IRAs.
- Obverse: Depicts the Hall of Prayer for Abundant Harvests in the Temple of Heaven in Beijing encircled by the phrase "People's Republic of China" in Chinese completed with the year of issue, 2016.
- Reverse: Features a single panda resting on a tree branch.
- Sovereign coin, with a face value of 10 yuan, backed by the Chinese government.
Secure your Silver Panda by adding an attractive display box to your order.
The 2016 Silver Panda is sure to be an even greater collectible, being the first year of the new weight system for this popular series. Add the 2016 30 gram Silver Chinese Panda coin to your cart today!
The Silver Pandas were first minted in 1983. The first 3 years of mintage were in proof quality condition, and had a limited mintage of 10,000 pieces for each year. No Silver Pandas were struck in 1986, but they have been minted every year since then. Each year, the design of the panda changes making them highly collectible. The only year they didn’t change design was 2002, which used the same design as 2001.
The People’s Republic of China issues and guarantees the quality of each Silver Panda coin. Silver Panda coins are minted from several mints each year. Those mints include but are not limited to Shenzhen, Shanghai and Shenyang. Unlike the U.S. Mint, these Chinese Mints do not incorporate mintmarks to distinguish the difference between each mint. Instead, these mints are known for having minor differences in the design of the coin such as font size, bamboo length and designs of the temple in certain year’s mintages. With the annual change in design, and unique mint variations, the price of Silver Pandas has appreciated over time making them highly sought after by collectors and investors alike.
In 2016, to better appeal to international investors and collectors, the sizes of the coins were changed from troy ounces to grams. Although not exact conversions, the new sizes are the closest metric equivalent to ounces. These sizes now include: 30 grams, 150 grams and 1 kilo. Previous years also included 1/2 oz and 12 oz coins.
The Chinese Silver Panda is among the few bullion coins to change its design annually, with one exception. In 2001, a freeze of the design was announced, so coins produced in 2001 and 2002 had identical designs. However, after customer protest, China reverted back to its original policy and in 2003 the coin had a new design. The reverse of the coin always features at least one panda usually in its natural habitat. Since its issuance, the obverse of the coin has featured the iconic Temple of Heaven in Beijing.
After construction began in 1406 under the order of the Yongle Emperor, the Temple of Heaven was completed in 1420. The temple was built so the emperor could pray and make sacrifices to Heaven for a rich and fruitful harvest. Just as the temple itself is beautiful, so too is its symbolism steeped in the rich tradition of ancient Chinese Heaven worship. The Temple of Heaven is divided into two sections by two walls that enclose the temple. The northern half is circular in shape to represent Heaven, while the southern end of the temple is rectangular, symbolizing Earth. The Hall of Prayer inside the temple has four inner, twelve middle and twelve outer pillars that represent the four seasons, twelve months and twelve traditional hours respectively. There are four main dragon-shaped support beams that represent the four seasons and twelve internal pillars that symbolize the lunar months. The dark blue roof tiles of the temple represent the heavens and the Seven-Star Stone Group is symbolic of the seven peaks of Taishan Mountain, a place of worship for the classical Chinese practice of Heaven worship. In 1998, the Temple of Heaven was declared to be a World Heritage Site by UNESCO and was praised as “a masterpiece of architecture… [that] had a profound influence on architecture and planning in the Far East for many centuries.”