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10 Yuan Panda

Issuer People's Republic of China
Year 2003
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Technique Milled
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Obverse script Chinese
Obverse lettering 中华人民共和国 2003
(Translation: People's Republic of China 2003)
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Additional information

China's Panda silver bullion program, launched in 1983, carries an unusual distinction among major government bullion series: the reverse design changes every year, a deliberate policy that transforms each annual issue into a discrete collectible rather than a fungible bullion unit. The 2003 issue was struck during a period when the series was gaining serious traction among Western collectors, driving mintages well above earlier years while simultaneously inflating aftermarket premiums on pre-2000 dates.

KM#1466 specifically distinguishes the standard bullion strike from the small-date variety also produced that year — a detail that matters to registry set collectors tracking die variants across the series.

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