Subscribe via RSS Feed Connect on Pinterest Connect on Google Plus Connect on YouTube

2016 30 Gram Chinese Silver Panda Coin (BU)

December 16, 2015 0 Comments

This year, China seems to be changing things up with it’s Silver and Gold Panda coins. In year’s past, both silver and gold Chinese Pandas were issued just like other sovereign coins – in weights of varying degrees of ounces. The standard-bearer was the 1 oz Silver Panda. The main differences from other coins such as the American Silver Eagle were that the Silver Pandas came in individual capsules and instead of being sold in tubes, they were sold in plastic sheets of 30 and Monster Boxes contained 600 coins.

2016-panda-box

This year, China is departing from the globally-accepted-norm and forging out on their own. No longer will Chinese Silver and Gold Pandas be weighed in ounces. The 1-ounce Panda is gone. It is being replaced with a coin that is weighed in grams. The standard silver and gold Panda will now weight 30 grams. This equates to 0.9645 troy ounces of silver or gold. The face value stays the same at 10 Yuan. Also changed are the sheet counts. As stated above, in previous years the Chinese Panda coin was sealed in sheets of 30. Beginning in 2016, Chinese Silver Pandas will be housed in individual capsules, and put into plastic snap-tite trays of 15. A Monster Box will no longer contain 600 coins – they will now contain 34 trays of coins (15 coins per tray) for a total of 510 coins.

2016-panda-coin-obv2016-panda-coin-rev

The design aspects of the coin will remain the same; with a new panda design being featured each year as well as the familiar Temple of Heaven on the obverse of the coin.

Share on FacebookShare on Google+Tweet about this on TwitterPin on PinterestShare on RedditEmail this to someone
Filed in: Informative

About the Author:

Leave a Reply