2016 Chinese Pandas
Panda coins are one of the most popular Chinese modern coin issues and they have a different Panda design each year! 2016 coin is important for a major change with the series; the 2016 Chinese Silver Panda no longer weighs in at 1 Troy Ounce - it is now following the metric system and weighs in at 30 grams which is slightly less than a Troy ounce, being exactly .9645 troy ounces. The Chinese government first introduced the Gold Panda coins in 1982, with the Silver Pandas coming along the following year. Both the gold and silver versions have been released every year, with just a few exceptions, since then. The bullion coins are struck by the mint of the People’s Bank of China (the central bank of the People’s Republic of China), which is responsible for the currency and coin production of the nation.
The 2016 Chinese Silver Panda design features a single panda resting on a tree branch with the inscriptions for face value (10 Yuan), silver content (30g) and purity (Ag .999) on the reverse side. The obverse side depicts the well-recognized China landmark, the Hall of Prayer for Good Harvests (The Temple of Heaven) with the inscriptions above the image, written in Chinese, meaning "People's Republic of China" along with the year-date of "2016" along the bottom. Each coin comes in a protective mint capsule.
Beloved and protected around the world, the panda bear has become a national symbol of China. With each year’s release, the design of the gold and silver panda coins changes to reflect these beautiful creatures. For this reason, along with the fact that the coins are guaranteed by the Chinese government in purity, weight, and content, the Silver Pandas are highly sought-after year-after-year.
