Thursday, November 19, 2009

2010 Chinese Panda Coin

The 2010 Chinese Panda coins would be issued by November 2009. There would be 7 gold and 3 silver panda coins for 2010.
The planned maximum mintage is as follows, previous year mintage in ( ):


GOLD
1 kilo: 200
5oz: 1,000
1oz: 300,000 (160,000)
1/2oz: 120,000 (60,000)
1/4oz: 120,000 (60,000)
1/10oz: 120,000 (100,000)
1/20oz: 120,000 (100,000)
SILVER
2010 Chinese Silver Panda Obverse

2010 Chinese Silver Panda Reverse

1 kilo: 4,000
5oz: 10,000
1oz: 800,000 (600,000)

The Chinese government is definitely encouraging more of their common People to hold physical precious metals by greatly increasing the mintage for the smaller denomination.

Within 1 month of issue, collectors began to spot the differences between the 2010 Silver Panda coins. It began with 2 varieties differentiated by their capsules - Shenzhen Guobao Mint uses capsules that has 3 hitches inside to keep the coin in position. It was observed that the Shenzhen produced coin had a frosty background of the bamboo.

Later on, other collectors also observed that from each mint, there are actually 2 varieties making it total of 4 varieties for the 2010 version of Silver Panda coins. The differences between the 4 varieties can be observed from the 'black' fur at the neck of the left panda and right hind leg of the right panda.


Total NGC graded: 16,959
MS70 (1,805); MS69 (11,705); MS68 (3,271); MS67 (117); MS66 (47); MS65 (7); MS64 (7)

2 comments:

  1. Can you buy small gold panda coins in China if you are not a Chinese citizen? I plan to return there in 2010.

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  2. I'm not sure if you want to buy from mainland China as there could be tax involved. HK SAR remains my choice for these coins.

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