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Chinese Panda
Government issued silver bullion coins from China

Chinese Panda

The Chinese Silver Panda (Chinese: 熊猫银币; pinyin: xióngmāo yínbì) is a series of silver bullion coins issued by the People's Republic of China. The design of the panda is changed every year and minted in different sizes and denominations, ranging from 0.5 troy oz. to 1 kilogram. Starting in 2016, Pandas switched to metric sizes. The 1 troy ounce coin was reduced to 30 grams, while the 5 troy ounce coin was reduced to 150 grams. There is also a Gold Panda series issued featuring the same designs as the Silver Panda coins.

The first Silver Panda coins—issued in 1983, 1984, and 1985—were proof quality, with a precious metal content of 27 grams of 0.900 fine silver and a diameter of 38.6 mm. Mintages were only 10,000 for each year. No Silver Pandas were issued in 1986. The 1987 Silver Panda coins were minted in proof quality from 1 troy oz. of sterling (.925 fine) silver, with a diameter of 40 mm. From 1989 to 2015, the coins were minted using 1 troy Oz of .999 FS.

There are several mints that produced Silver Panda coins over the years, including: Shanghai, Shenyang, and Shenzhen. Unlike coins made by US and German mints that carry mint marks to distinguish their origin, Chinese mints generally do not carry mint marks. In certain years there are minor variations in the coin design—such as the size of the date, and temple. That allows the originating mint to be determined. An example is 1996 where different mints produced coins with minor variations in the font size of the date on the obverse side of the coins. In 2015 the Gold and Silver Panda coins were not labeled with metal fineness and weight. This information returned in 2016 when the 1 troy ounce coin was replaced by the 30-gram coin. The official distributor in China for the Silver and Gold Panda coins is the China Gold Coin Incorporation (CGCI).


Silver Bullion Mintage

Year1 OzYear1 OzYear1 OzYear1 Oz



Obverse: The center of the obverse is a depiction of The Hall of Prayer for Good Harvests located in the Temple of Heaven complex. The Hall was built between 1406 to 1420. Chinese characters on top say "中华人民共和国", meaning the People's Republic of China and the bottom the year of issue.

Reverse: The reverse shows portraits of the giant panda that changes every year (except for 2001 and 2002, which share the same design).

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