Chinese Silver Panda Coins
The Chinese Silver Panda Coin is one of the most beloved silver bullion coins worldwide.
First introduced in 1983, these coins are prized in the numismatic market for their annually changing designs featuring the Giant Panda, a beloved Chinese animal.
Its unique artwork makes the Silver Panda a standout choice for anyone seeking beauty and value in their silver collection.
Highlights
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Made of .999 fine silver;
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Bears an engraved face value in Yuan and legal tender status in China;
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Produced by the Chinese Mint since 1983;
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Unique reverse designs starring Giant Pandas annually;
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The obverse features the Temple of Heaven in Beijing;
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Changed metric sizing in 2016;
The Chinese Panda Silver Series
The Chinese Mint released the first Silver Panda in 1983, following the success of the Gold Panda Coins introduced in the previous year. Early Silver Panda coins were released only as proof editions, with limited annual mintages of around 10,000 units.
From 1983 to 1989, the Silver Panda series saw irregular minting. Some years had no production at all, while others featured varying levels of purity. Additionally, multiple mints were involved during this early phase, resulting in subtle design and strike variations that are now highly valued according to their scarcity.
It wasn’t until 1989 that the Chinese Mint began producing them as bullion coins, marking the beginning of more consistent and widespread issuance.
In 2016, the series transitioned from troy ounces to the metric gram system, setting a new standard for coin weights.
The Panda
The Giant Panda, motif of the series, is native to the central highlands of China. It is a beloved national symbol, easily recognizable for its distinctive black-and-white fur, including striking black patches around the eyes and ears that stand out against a white face.
Beyond its visual charm, the Giant Panda carries a deeper meaning. It represents peace, harmony, and conservation. As an endangered species, the panda serves as a poignant reminder of the importance of environmental protection.
Design Features
As a defining feature, the series offers unique reverse designs at each edition, along with a standard obverse illustration.
Reverse Design – Ever-Changing Pandas
Every year, the reverse showcases different portrayals of the Giant Panda in its natural habitat, thereby adding to the series’ collectible value.
The reverse includes the coin’s weight, metal purity, and face value in Chinese yuan. An exception occurred in 2015, when some releases did not display the weight or fineness, making those editions a rarity.

Obverse Side – The Temple of Heaven
The obverse displays the Temple of Heaven, a historic structure located in Beijing. Built in 1420, this imperial complex was used by emperors of the Ming and Qing dynasties as a divine hall for prayer to ensure good harvests. The image is accompanied by the inscription of the People’s Republic of China in Chinese characters and the year of issue.
The Temple of Heaven remains unchanged year to year, offering a consistent visual anchor for the series. Since 1998, it has been designated as a UNESCO World Heritage Site, lending historical and cultural significance to the series.

Chinese Silver Panda Coin Specifications
The Chinese Silver Panda Series is available in a variety of sizes and variations. While the 1 oz silver coin has long been the most popular choice, the series comprises multiple denominations, some with limited mintages, making them even more desirable.
The first strikes were proof-quality silver coins issued in small batches of 10,000 units per year, but the series lacked consistent minting. Between 1983 and 1989, coins were not issued every year, and when they were, their silver contents varied between .900 and .925.
Several mints were involved in early production, resulting in subtle differences between coins, which collectors value today.
The Transition to Metric Sizing
Until 2015, Chinese Panda Coins followed the standard troy-ounce weight system used in most international bullion markets. However, in 2016, it was replaced by the metric system, aligning with national measurement standards.
The transition resulted in new, gram-based weights while maintaining .999 fine silver purity and exceptional design quality. The updated sizes are:
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1 oz → 30 grams
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1/2 oz → 15 grams
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1/4 oz → 8 grams
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1/10 oz → 3 grams
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1/20 oz → 1 gram
Despite this transition, the annual design variation remained, ensuring numismatic diversity.

The Chinese Mint and Coin Variations
Unlike coins from the U.S. Mint, Chinese Silver Panda Coins do not feature mint marks to indicate from which branch they were produced. As a result, collectors must rely on subtle design differences, such as variations in date size, font, or reverse layout, to identify a coin’s mint of origin.
Over the years, several Chinese mints have been involved in the production of Silver Pandas:
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1983–1989: Only the Shanghai Mint
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1990–1998: Shanghai and Shenyang Mints
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1999–2018: Shanghai, Shenyang, and Shenzhen-Guobao Mints
The lack of official mint marks makes coins from specific mints more challenging to verify, but also more collectible for enthusiasts who enjoy spotting nuanced differences. For example, the 1999 Silver Panda coins are particularly famous for having distinct variations in the reverse design and date sizing, depending on which mint produced them.
Enhance your silver collection today at SD Bullion
Browse our selection of Chinese Silver Panda Coins and secure a piece of one of the world’s most collectible silver bullion series. All coins are authenticated and shipped securely from our fully insured vaults.
FAQs
What are Chinese Silver Panda coins and who issues them?
Chinese Silver Panda coins are government-issued bullion coins minted by the China Mint on behalf of the People’s Republic of China. First released in 1983, these coins are renowned for their purity, beauty, and the annually changing panda designs. Each coin is backed by the Chinese government and carries a face value in yuan, thereby granting it legal tender status and making it a trusted collectible worldwide.
Do Chinese Silver Panda coins change design every year?
The Chinese Silver Panda Series offers a unique reverse design every year. It stands out among other silver coins worldwide for its lovely portrayals of the Giant Panda, making each edition an exclusive addition. Each year showcases a different image of the panda in various poses or natural settings. This unique characteristic adds to the series' popularity and demand among numismatists and investors.
What sizes and purities are available for Silver Panda coins?
Chinese Silver Panda coins are struck in .999 fine silver. Before 2016, the series used standard troy-ounce sizes, such as 1 oz, 1/2 oz, and 1/10 oz. In 2016, the series transitioned to the metric gram system, introducing sizes like 30 grams, 15 grams, and 3 grams. This change aligned the coins with China’s national standards but preserved their high purity and artistic appeal.
What makes Silver Panda coins popular among collectors and investors?
Silver Pandas are highly sought-after silver coins among collectors and investors because they combine artistic beauty, high silver purity, and limited annual mintage. The changing designs increase collectibility, while their .999 fine silver content and government backing appeal to investors. With strong global recognition and an active secondary market, Silver Pandas offer aesthetic enjoyment and long-term value potential.
How can I tell which mint produced my Chinese Silver Panda coin?
Unlike many world mints, the Chinese Mint does not use visible mint marks on its Silver Pandas. However, some coins, especially those from 1999 onward, may feature subtle design differences depending on the mint. Changes in font size, spacing, or placement of design elements can indicate whether a coin came from Shanghai, Shenyang, or Shenzhen. These variations are of special interest to seasoned collectors.
Are Chinese Silver Panda coins a good investment?
Chinese Silver Panda coins appeal to collectors and investors thanks to their .999 fine silver content, legal tender status, and annual design changes. Limited mintage and growing global demand often increase their resale value. While prices can fluctuate with the silver market, the collectible nature of the coins and their government backing help support their long-term investment potential, mainly when sourced from trusted dealers like SD Bullion.
Can I include Chinese Silver Pandas in a Precious Metals IRA?
Yes, many Chinese Silver Panda coins are eligible for inclusion in a Precious Metals IRA, as long as they meet the IRS’s .999 purity requirement. Coins must be in uncirculated or proof condition and stored in an approved depository, and it is worth checking their acceptance. SD Bullion offers IRA-eligible silver products and can assist in facilitating the process of adding physical silver to your retirement portfolio.
How should I store and protect Chinese Silver Panda coins?
To maintain their condition and value, Chinese Silver Panda coins should be stored in protective capsules or their original Mint packaging. Avoid handling them directly to prevent fingerprints or scratches. For high-value or long-term storage, consider using a climate-controlled safe or a professional vault service, such as SD Bullion’s Depository, which offers secure, insured storage options for precious metals.
Does SD Bullion buy back Chinese Silver Panda coins?
SD Bullion offers a buyback service with three easy-to-follow steps. Our team is constantly buying bullion to update our inventory. You can reach out to our representatives at 1-800-294-8732.