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10 Yuan Panda
| Issuer | People's Bank of China |
|---|---|
| Year | 2019 |
| Type | Non-circulating coin |
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| Composition | Log in to see details |
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|---|---|
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| Reverse description | A large adult giant panda occupies the right and upper field, depicted in high-relief with finely engraved fur detail, gazing downward toward a playful panda cub reclining in the lower centre of the field. A stylised mountain landscape is visible in the upper left background. The denomination 10 元 is inscribed to the left in the field, and the fineness and weight legend 30g Ag.999 curves along the upper portion of the design area. The composition masterfully contrasts frosted relief against a brilliant mirror field to enhance the naturalistic depiction. |
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| Edge | Reeded slanted left |
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| Additional information |
China's Panda bullion series, launched in 1982, is one of the few major sovereign silver programs that changes its design annually — a deliberate policy decision that effectively makes each year's issue a discrete collectible rather than a fungible bullion product. The 2019 issue was struck at multiple Chinese mints, identifiable by small mintmark differences that the People's Bank has never fully standardized in its public documentation.
That same year, the U.S. Treasury's Section 232 tariffs and escalating trade tensions with Beijing had measurable effects on precious metals premiums globally — Chinese-issued silver briefly carried higher dealer spreads in Western markets than in previous years.