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Last Updated on 04/25/2026


Chinese Silver Panda 
Bullion Coin


30-gram & (1 oz.)


1983 - Present






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The Chinese Panda bullion coins are officially known in China as the "Panda Precious Metal Commemorative Coins;" the coins have undergone numerous design changes, and all are explained in-depth on this page.

panda bear

In 1983, one year after the Chinese started to mint the Gold Panda Bullion coins, they introduced the Silver Panda coin as a proof coin.

The 1983, 1984, and 1985 Silver Panda coins had a maximum mintage of 10,000; the coin contained 900 silver, had a diameter of 38.6 mm, and weighed only 27 grams.

There were no Silver Pandas minted in 1986.

In 1987, the Chinese brought back the Silver Panda, but as a way to celebrate the 5th Anniversary of the Chinese Gold Panda bullion coin.   This coin had a limited mintage of 31,000, and it was the first Silver Panda coin to contain 999 pure silver, it had a diameter of 40mm, and weigh 1 oz. (troy ounce).

There were no Silver Pandas minted in 1988.

In 1989, the bullion version of the Chinese Silver Panda bullion coin debuted; mass production began this year to meet customer demand.





Large & Small Dated
Chinese Silver Pandas



From 1989 to 2001, two Chinese mints produced the 1oz Silver Panda bullion coin; each mint had slightly different dies for minting the coin's obverse, which caused slight variations to the bullion coin's "year of issue."

The Shenyang Mint produced a 'Small Date' with skinny, short numbers with wide spacing, while the Shanghai Mint produced a 'Large Date' with taller, thicker, more compact numbers.

The size difference in the coin's "year of issue" ended in 2001.

Chinese Silver Panda Bullion Coins - Examples of Large and Small Dated Coins




Obverse Design Changes
Chinese Silver Panda
1989 - Present



The obverse design of the 1989 1oz. Silver Panda bullion coin has the same features and inscriptions as the current one; however, the coin's layout has had several changes. (click coin photos to enlarge)

The centerpiece of the Chinese Silver Panda bullion coin features the 'Hall of Prayer for Good Harvests,' the largest building in the Temple of Heaven, located in Beijing, China.

The Temple of Heaven was built in the early 15th century during the reign of the Yongle Emperor of the Ming Dynasty, who also built Beijing's Forbidden City.

Displayed above the Hall of Prayer for Good Harvests are these Chinese symbols, "中 華 人 民 共 和 國," which means "People's Republic of China." 



1989 - 1991

The initial design (1989-1991) depicts the Hall of Prayer for Good Harvests spanning the coin from rim to rim.

These coins were minted with a proof-like mirror finish.


1992 to 1999

The 1oz Silver Pandas produced from 1992 to 1999 introduced a wide border with a raised ring circling the Hall of Prayer for Good Harvests; this style lasted until 2000.

These coins were also minted with a proof-like mirror finish.


2000 

Frosted and Mirrored finishes

In 2000, the Chinese Panda bullion coin had two obverse sides made for them, each indicating the Mint that produced them.

  • Chinese Panda bullion coins made from the Shenyang Mint had a 'frosted' finish on the wide border that wrapped around the perimeter of the bullion coin.
  • Whereas, the Shanghai Mint produced Chinese Panda bullion coins with a "mirrored" finish on the broad border that encircled the bullion coin's perimeter.

2001 to Present

Since 2001, the Chinese raised the wide border that wraps around the perimeter of the 1 oz Silver Panda bullion coin and incorporated the use of incused lettering, giving the inscriptions a sunken-in or stamped look.








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Reverse Design Changes
Chinese Silver Panda
1989 to 2015



1989 - 1991

1989 is the first year of the bullion version of the Chinese Silver Panda coin.

When the Chinese Silver Panda bullion coin was introduced, its weight, metal content, purity, and face value were inscribed on the reverse side in Chinese and in English.


1989-P, Proof version

In 1989, in addition to introducing the Chinese Silver Panda bullion coin, the Chinese released a proof version of the coin.

The proof versions of the silver coin had a "Circled P" mint mark on its reverse side, indicating the coin was a Proof coin; the coin also had a limited mintage. 

(Note: The Chinese introduced the Gold Panda proof coin in 1986)


1992 - 2014

In 1992, the Chinese removed the inscriptions that were in the Chinese language for the coin's weight, metal content, purity, and face value.



2001-D

In an attempt to control imports and exports to and from China, the Chinese used the special "D" mint mark, which stood for "Domestic."

The mint mark indicated that these coins would only be sold to those living in mainland China. However, over the years, the coin has been bought and sold on the secondary market through many auction sites, including eBay. 

2001 was the only year the special "D" mint mark bullion coins were minted, the bullion coins were exclusively produced by Shenzhen National Treasure Mint Co., Ltd. and were made in only gold and silver.

Mintage figures for the Large and Small "D" silver pandas total 250,000; however, separate numbers for each version are not available.

Despite being struck by a single mint, the bullion coins featured two different versions of the special "D" mint mark: one with a Large "D" and one with a Small "D."

The photo to the right displays the two versions.

Special mint mark "D" Chinese Panda source: CHNGC article (translator needed)


2014 - 2015

The 2014 and 2015 Chinese Silver Panda bullion coins both weigh "1oz," both contain "Ag" (silver), and both have a silver purity of "999" however, the 2014 Chinese Silver Panda was the last Silver Panda bullion coin to have these inscriptions on its reverse side.

In 2015, all gold and silver panda bullion coins had their reverse inscriptions erased except for their face value. (Photo - below right)

The Chinese gave no indication they were going to remove the inscriptions before they did so, and they gave little information regarding the removal, as stated in this 2014 CoinWorld article: 2015 Panda coins lack inscriptions for weight, metal, fineness.

Removing the inscriptions for the coin's weight, metal content, and purity put many dealers and investors on edge because it made it easier for counterfeiters to reproduce the coin.

Gold and silver Chinese panda bullion coins are among the most counterfeited bullion coins in the world.

The changes to the 2015 Chinese Panda bullion coins lasted for only one year because the Chinese planned for bigger changes to come to the bullion coins in 2016.

Reverse Inscriptions,
Ounces to Grams - 2016 to Present

In 2016, the Chinese Gold Coin Co. Ltd. (CHNGC) changed the weight of all their precious metal bullion coins, including the Chinese Panda, from troy ounces to grams.

The Chinese government made the change from ounces to grams to make it easier for the average Chinese citizen to purchase the bullion coins; as stated in the excerpt below, taken from a Chinese Gold Coin Company (CHNGC) article, explains this:

"...especially for the Chinese people who are not professional collectors, replacing "ounces" with "grams" is undoubtedly applauded"

"Ounce" is a very obscure word in the eyes of the Chinese people, such as 1/3 ounce, 1/10 ounce and 1/20 ounce gold and silver coins, and if the value is calculated according to the market price of gold and silver, these are very vague in the eyes of the common people, even if the relationship between ounces and grams is finally understood, it is still necessary to go through a complex conversion and calculation to get the result."

Source: Chinese Gold Coin Co. Ltd. (CHNGC): Analysis Edition Panda gold and silver commemorative coins 2016 outlook  




Coin Information
1 oz. Silver Panda Bullion Coin
1989 - 2015


In 2015, the bullion coin was minted with the same weight and size as the 2014 silver panda bullion coin, despite the removal of the size and weight inscription.

Introduction:....1989

IRA Approved:...Yes

Grade:..............Uncirculated

Face Value:......10 Yuan

Silver Content...1 troy oz.

Total Weight:....31.10 grams

Purity:..............99.90% / 999

Diameter:.........40mm

Thickness:........2.7mm

Edge:...............reeded




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Design of the
Chinese Silver Panda
2016 to Today



Obverse

2026 30gram Chinese Silver Panda Bullion Coin - Obverse Side

Displayed in the center of the Chinese Silver Panda bullion coin is the Hall of Prayer for Good Harvests, the largest building in the Temple of Heaven, located in Beijing, China.

Inscriptions:

  • 中 華 人 民 共 和 國  (People's Republic of China)
  • Year of Issue

The edge of the bullion coin is reeded.

Coin Photo provided courtesy of the Chinese Gold Coin Company









Reverse

2026 30gram Chinese Silver Panda Bullion Coin - Reverse Side

Every year, all Chinese Panda bullion coins receive a new design of a Chinese Panda.

The reverse side of the 2026 Chinese Silver Panda bullion coin displays two pandas sitting on the ground with bamboo around them.

Inscriptions:

  • 30g
  • Ag
  • .999
  • 10 - (10 Yuan)

Coin Photo provided courtesy of the Chinese Gold Coin Company








Coin Information
30 gram Silver Panda
2016 - Present

Silver Content:.......30g (.9645 troy oz)

Introduction:....2016

IRA Approved:...Yes

Grade:..............Uncirculated

Face Value:......10 Yuan

Purity:..............99.90% / 999

Diameter:.........40mm

Thickness:........2.98mm

Edge:...............Reeded






2026 30gram Chinese Silver Panda Bullion Coin - Obverse Side
2026 30gram Chinese Silver Panda Bullion Coin - Reverse Side

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1 oz. & 30 gram
Chinese Silver Panda Bullion Coins
& Mintage Figures


1983 - Present


In 1983, one year after the Chinese started to mint the Gold Panda Bullion coins, they introduced the Silver Panda coin as a proof coin

The 1983, 1984, and 1985 Silver Panda coins had a maximum mintage of 10,000; the coin contained 900 silver, had a diameter of 38.6 mm, and weighed only 27 grams.

There were no Silver Pandas minted in 1986.

In 1987, the Chinese brought back the Silver Panda, but as a way to celebrate the 5th Anniversary of the Chinese Gold Panda bullion coin.   This coin had a limited mintage of 31,000, and it was the first Silver Panda coin to contain 999 pure silver, it had a diameter of 40mm, and weigh 1 oz. (troy ounce).

There were no Silver Pandas minted in 1988.

In 1989, the bullion version of the Chinese Silver Panda bullion coin debuted; mass production began this year to meet customer demand.

Note: These sentences are found at the top of this page.


Year      Mintage

1983 Chinese Silver Panda Coin - Reverse Side

1983....10,000 (proof)








1984 Chinese Silver Panda Coin - Reverse Side

1984....10,000 (proof)








1985 Chinese Silver Panda Coin - Reverse Side

1985....10,000 (proof)








1987 Chinese Silver Panda Bullion Coin - Reverse Side

1987....31,000 (proof)






Bullion Coin Debut



1989 Chinese Silver Panda Bullion Coin - Reverse Side

1989....255,000  (bullion coin debut)








1990 Chinese Silver Panda Bullion Coin - Reverse Side

1990....200,000








1991 Chinese Silver Panda Bullion Coin - Reverse Side

1991....100,000








1992 Chinese Silver Panda Bullion Coin - Reverse Side

1992....100,000








1993 Chinese Silver Panda Bullion Coin - Reverse Side

1993....120,000








1994 Chinese Silver Panda Bullion Coin - Reverse Side

1994....100,000








1995 Chinese Silver Panda Bullion Coin - Reverse Side

1995....168,000








1996 Chinese Silver Panda Bullion Coin - Reverse Side

1996....100,000








1997 Chinese Silver Panda Bullion Coin - Reverse Side

1997....600,000








1998 Chinese Silver Panda Bullion Coin - Reverse Side

1998....250,000








1999 Chinese Silver Panda Bullion Coin - Reverse Side

1999....unknown








2000 Chinese Silver Panda Bullion Coin - Reverse Side

2000 - 1oz Chinese Silver Panda - Obverse side, Mirrored from Shanghai MintMirrored Obverse


2000....Shanghai Mint - Mirrored Obverse.....29,000


2000 - 1oz Chinese Silver Panda - Obverse side, Frosted from Shenyang MintFrosted Obverse


2000.... Shenyang Mint - Frosted Obverse.....140,000








2001 Chinese Silver Panda Bullion Coin - Reverse Side

2001....500,000

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2002 Chinese Silver Panda Bullion Coin - Reverse Side

2002....500,000








2003 Chinese Silver Panda Bullion Coin - Reverse Side

2003....600,000








2004 Chinese Silver Panda Bullion Coin - Reverse Side

2004....600,000








2005 Chinese Silver Panda Bullion Coin - Reverse Side

2005....600,000

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2006 Chinese Silver Panda Bullion Coin - Reverse Side

2006....600,000

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2007 Chinese Silver Panda Bullion Coin - Reverse Side

2007....600,000








2008 Chinese Silver Panda Bullion Coin - Reverse Side

2008....600,000

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2009 Chinese Silver Panda Bullion Coin - Reverse Side

2009....600,000

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2010 Chinese Silver Panda Bullion Coin - Reverse Side

2010....1,500,000

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2011 Chinese Silver Panda Bullion Coin - Reverse Side

2011....6,000,000

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2012 Chinese Silver Panda Bullion Coin - Reverse Side

2012....8,000,000

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2013 Chinese Silver Panda Bullion Coin - Reverse Side

2013....8,000,000

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2014 Chinese Silver Panda Bullion Coin - Reverse Side

2014....8,000,000

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2015 Chinese Silver Panda Bullion Coin - Reverse Side

2015....8,000,000

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2016 Chinese Silver Panda Bullion Coin - Reverse Side

2016....8,000,000

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2017 Chinese Silver Panda Bullion Coin - Reverse Side

2017....10,000,000

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2018 Chinese Silver Panda Bullion Coin - Reverse Side

2018....10,000,000

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2019 Chinese Silver Panda Bullion Coin - Reverse Side

2019....10,000,000

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2020 Chinese Silver Panda Bullion Coin - Reverse Side

2020....10,000,000

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2021 Chinese Silver Panda Bullion Coin - Reverse Side

2021....10,000,000

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2022 Chinese Silver Panda Bullion Coin - Reverse Side

2022....10,000,000

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2023 Chinese Silver Panda Bullion Coin - Reverse Side

2023....10,000,000

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2024 Chinese Silver Panda Bullion Coin - Reverse Side

2024....10,000,000

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2025 30gram Chinese Silver Panda Bullion Coin - Reverse Side

2025....10,000,000






2026 30gram Chinese Silver Panda Bullion Coin - Reverse Side

2026....5,000,000


Mintage Last Updated on 04/25/2026




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