Investinmetal.com

September 20, 2007

Chinese Silver Panda

Filed under: Silver Bullion Coins — metals market @ 6:01 pm
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The Chinese Silver Panda is a series of silver bullion coins issued by the People’s Republic of China. It changes its design every year and comes in different sizes, from 0.5 troy oz to 1 kilogram with different denomination reflecting the weight. For example the half troy ounce have a 5 Yuan denomination while the one troy ounce have a 10 Yuan denomination. The purity of the coin is 99.90% silver and it has a weight of 31.105 gram. The program was started early in the 1980s but in different weight standard early on. These early coins were not 1 troy oz silver. There are several mints that produce these coins, including but not limited to: Shenzhen, Shanghai and Shenyang. Sometimes the different mints can be distinguished from the size of the year on the obverse side of the coin.

Obverse: Depiction of the Temple of Heaven in the center with Chinese letters on top saying “Zhong Guo Renmin Yinhang” meaning Bank of the People’s Republic of China and the bottom the year of issue.

Reverse: Different portraits of panda that changes every year (except for 2001 and 2002, which used the same design).

There are varieties on the types of coins issued, the most common being uncirculated and proof versions. On some years of issue, the bank also issue commemorative coins with privy marks or different combination of gold plating on either the obverse or reverse of the coin. There are no set rules on how many commemoratives can be issued in a year. The official distributor is China Gold Coin Corporation.

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American Silver Eagle Coins

Filed under: Silver Bullion Coins — metals market @ 5:56 pm
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American Silver Eagle Coins

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American Silver Eagle

Filed under: Silver Bullion Coins — metals market @ 5:53 pm
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The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint in 1986. It is struck only in the 1 troy oz denomination which has a face value of one dollar and is guaranteed to contain one troy ounce of .999 pure silver. It is authorized by the United States Congress and is backed by the United States Mint for weight and content. The American Silver Eagle bullion coin may be used to fund Individual Retirement Account investments. The United States Mint also produces a proof version for coin collectors. Recently minted, uncirculated Silver Eagles currently sell for approximately US$18.

Buy American Silver Eagles 

Design

The design on the obverse has been borrowed from the “Walking Liberty” design by Adolph A. Weinman, which was originally used on the United States’ half-dollar coin from 1916 to 1947. This was probably the public’s favorite design on any United States silver coin; hence the choice of this design for the Silver Eagle. The reverse portrays a heraldic eagle and was designed by John Mercanti.

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