Why purchase one of the first 30,000 China Silver Pandas struck for 2016 graded Mint State 70?
This 2016 China 30g Silver Panda is a must have for serious collectors because it is the first time that the Chinese coins in smaller denominations have been produced in metric measurements as opposed to imperial ones. This coin has added significance because it was certified by the Numismatic Guaranty Corporation (NGC) as one of the first 30,000 struck, making it among the very first 30g Pandas ever minted.
What design is on the 2016 Silver Panda?
Like all silver pandas, the Temple of Heaven can be found on the obverse. A sharp design was used to depict this 600-year-old temple on these coins. The date "2016" is found below the depiction, with a chinese inscription above it.
This latest version of the popular coin features an obverse design showing a panda leaning forward and hugging a tree branch. Its body is oriented toward the right side of the coin, where the branch rises. The scene is set against a backdrop of bamboo stalks. The inscription on the bottom reads, “30G AG .999,” indicating the new weight of the 10 Yuan denomination of the Chinese Silver Panda.
What does the grade Mint State 70 mean?
This silver Panda has the added distinction of having received a perfect grade Mint State 70. This is the highest grade it could receive, and it means that it is in perfect condition. What better way of purchasing one of the first Silver Pandas struck for 2016 then one in perfect condition?
Whether you love Pandas and like collecting perfect editions every year or you just want one of the first Chinese coins struck with a 30g weight, this coin is for you!
|Year of Issue:||2016|
|Weight in Grams:||30 g|
|Release Type:||First 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.
Great news to those who choose PCGS as their preferred professional coin grading service! 2016 Chinese Silver Panda Coins with PCGS First Strike flag labels are now available for sale at ModernCoinMart (MCM). These Chinese coins and more are discussed in this article.
2016 has been a big year for the China Silver Pandas. Not only has the series received a different design as usual, but the coins now have changes to their silver weight! 2016 Silver Pandas have been resized to gram weights instead of their normal Troy oz. What do these changes mean for collectors? What's in store for future releases? What can you buy now? Find out, along with information about NGC graded first of 30,000 Struck Silver Pandas!