Thursday, March 4, 2010

1989 Chinese Silver Panda



1989 Chinese Silver Panda Obverse


1989 Chinese Silver Panda Reverse

The 1989 Chinese Silver Panda was issued with the following denominations:

1 oz.t 40mm 10 Yuan BU 255,000
1 oz.t 40mm 10 Yuan Proof 25,000
5 oz.t 70mm 50 Yuan Proof 10,000
12 oz.t 80mm 100 Yuan Proof 6,000


Total NGC Graded: 1,354
MS70 (4); MS69 (727); MS68 (374); MS67 (188); MS66 (43); MS65 (12); MS64 (5); MS63 (1)

Highest Certified: NGC PF69/PCGS PR69 DCAM

The 1989 version was the very first issue of BU Silver Panda coins. It could be due to inexperience of the mints, the capsule containing the coin is not adequately thick hence resulted in many Panda forehead getting rubs. It is said that the 1989 version also has a frosty version but I have yet to get one in my hands. According to Mr. Ge Zu Kang's catalogue, the actual mintage for 1 oz.t is 250,000.

Average Transacted Price in ebay (Jun - Dec 2009) (Shipped):

1 oz.t - S$60.27
1 oz.t - S$120.15 (Proof COA)
5 oz.t - S$272.30 (COA)
12 oz.t - S$626.66 (COA)

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