When China releases its Silver Panda coin each year, millions around the world swarm the market for these official 10 Yuan legal tender silver beauties from the People's Republic of China.
Struck in one Troy ounce of 99.9% silver and measuring 40 mm in diameter, each features a distinctive reverse design of China's celebrated and endangered black and white bear, as well as an obverse displaying the Temple of Heaven and the year of issue.
Chinese and international collectors alike eagerly anticipate each issue's unique one-year-only design – making Silver Pandas the most sought-after Chinese precious metal coins since their initial debut in 1982.
Even though the China Mint has raised their mintages from 600,000 to 8,000,000 in recent years, the China Silver Pandas have SOLD OUT each and every year. Why? The answer is surprisingly simple. The Chinese silver rush is on!
The China Silver Panda has been one of the world's most popular coins for more than thirty years. But remarkably, an old 1949 law prohibited Chinese citizens from owning their own country's coins. So when that law was finally changed in 2004, millions of China's prosperous new middle class flooded the market.
Adding millions upon millions of Chinese coin collectors to the global collecting market has created a HUGE surge in demand for every Silver Panda minted – and left buyers worldwide scrambling to get the latest release. With each passing year, acquiring even a small quantity for sale outside of China has become a bigger and bigger challenge. How many Silver Pandas would be available to the rest of the world if all 1,300,000,000 Chinese citizens want their own Silver Panda? You do the math.
The international passion for Pandas of all stripes shows no signs of cooling off anytime soon. And while yet to be officially confirmed by China Mint, recent reports suggesting that plans are in place to move to gram weights for both gold Pandas and silver Pandas in 2016 now seem likely.
For avid collectors of China Silver Pandas, this news may mean increased demand for 2015 coins, since future silver Pandas are predicted to contain LESS precious metal than in past years. For comparison: a 2015 One Ounce Silver Panda weighs 31.103 grams, but the same coin for 2016 is predicted to weigh in at just 30 grams.
Not only that, but 2015 could be the LAST year Silver Pandas are struck in ounce weights, making it a "must-have" date in any collection. The China Mint may have hinted at its future plans when the new 2015 coins were no longer marked with their weight and fineness – a first-ever omission since the late 1980s.
Whatever happens, it's entirely likely that it's only going to get tougher to add one – or more – of these amazing coins to your collection in the future. Don't wait. Order NOW to secure a limited edition proof, perfect or near-perfect graded First Strike or Brilliant Uncirculated Silver Panda from MCM while you still can!