10 Yuan Panda

China's Panda silver bullion series has changed its design annually since 1983 — with the single, controversial exception of 2001 and 2002, when identical designs were reused and sparked significant collector backlash. The People's Bank of China has since maintained the annual-change policy without interruption. The 2021 issue was struck during a year when global silver demand spiked sharply, driven by a coordinated retail buying campaign in late January that briefly pushed spot silver to an eight-year high, tightening allocations from authorized distributors worldwide.