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China first introduced the Silver Panda coin series in 1983. Each year since, a new design variation of the Panda has been released. This 2016 is a beautiful example of the unique designs, which have made the series very popular among collectors and investors alike.
Beyond the design changes for 2016, the previous system of Troy ounces has been replaced by the metric system of grams. The 1 oz Silver Panda has been replaced with this brand new, 30 gram coin, still containing .999 fine Silver.
The Silver Pandas were first minted in 1983. The first 3 years of mintage were in proof quality condition, and had a limited mintage of 10,000 pieces for each year. No Silver Pandas were struck in 1986, but they have been minted every year since. Each year, the design of the panda changes, making them highly collectible. The only year they didn't change design was 2002, which used the same design as 2001. Beginning with the 2016 release, all the mint's bullion coins will be in metric weight.
The popularity of the China Panda series has grown exponentially over the years. The panda in Chinese culture is recognized as a symbol of peace and friendship. The Silver Panda's relatively low mintage has not kept pace with the worldwide demand, which is of great interest to collectors. What's not to love about a bullion series dedicated to one of the most adored animals in the world?