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10 Yuan Year of the Ox

Issuer People's Republic of China
Year 1997
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Diameter 40 mm
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Reverse description A finely detailed water buffalo is depicted in the center of the field, lowering its head to graze or drink from a stylized body of water rendered by undulating wave lines in the lower field. The animal is shown in left profile with prominent curved horns and naturalistic surface modeling. The upper arc of the field bears the Chinese inscription 含纯银1盎司 成色.999 alongside the notation 1oz Ag, confirming the coin's silver content and fineness. The denomination 10元 is inscribed in the lower central field, with two small cartouche-style artist's seals visible at the lower left and lower right of the design.
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Mintage 1997 - Proof - 50,000
Additional information

China's lunar silver series shifted to .999 fineness in the mid-1990s, a deliberate move by the People's Bank of China to compete more aggressively in the international bullion collector market. The 1997 Ox issue appeared during Hong Kong's handover year, which drove unusually strong demand from regional buyers treating the piece as a commemorative of the transition.

KM#1013.2 is the frosted-relief variant; KM#1013.1 carries a different background treatment. The distinction matters to type collectors far more than the casual buyer typically expects.

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