Why add this 2016 China Silver Panda NGC MS69 Early Releases (Great Wall Label) to your collection?
This 2016 China 30g Silver Panda is a significant piece for several reasons, and it may become more significant in years to come. Breaking with the custom used by governments that issue precious metal coinage throughout the world, the Chinese government is issuing all of their 2016 silver coinage in metric units instead of imperial ones. As such, the 2016 10 yuan coin is 30g instead of the previous 31.1 (1 Troy oz.). This coin was designated by the Numismatic Guaranty Corporation (NGC) as being among the Early Releases, making this one of the first major government coins ever minted at the 30g weight. NGC gave this coin a grade of MS69, making it more affordable than MS70 coins even though the minor flaw or two would be nearly impossible for untrained eyes to notice. NGC provided the designation and grade on a special Great Wall label, which features both the Chinese flag and its most recognizable landmark. The reverse image, like those of other Pandas, is unique to the year of mintage. It features a panda hugging a tree branch against a backdrop of bamboo stalks. This is the perfect piece for anyone interested in owning a part of numismatic history.
|Year of Issue:||2016|
|Weight in Grams:||30 g|
|Release Type:||Early Releases|
The change to this year’s silver and gold coins set off a great deal of speculation about why this was done, and what kind of impact it might have on sales of the coins. As a general rule, bullion buyers like to see this information on the coin, especially buyers of Chinese coins.