Chinese Panda Coins

Chinese Panda Coins

Why choose Panda’s?

Prestige

Panda coins have been struck each year by the China Mint since 1982, and the series is considered to be one of the top five precious metal bullion coin investment options worldwide, standing shoulder-to-shoulder with the likes of the American Eagle and the Canadian Maple Leaf. This reputation has been won in a relatively short period of time through innovative and evolving designs, as well as high standards and limited mintages.

Popularity

There are now a huge variety of Panda coins struck each year, which can make it seem rather daunting when you’re first trying to decide what to collect or invest in. However, this is one aspect of the Panda series that has made it so popular over the last three decades or so. The broad range on offer means that Pandas are highly accessible, catering to a complete spectrum of tastes and budgets from all over the world. Pandas have been struck in a variety of precious metals, including gold, silver, and occasionally platinum and palladium. Some Pandas are coloured using enamel to create stunning appearances, and some are bi-metallic (gold and silver). The China Mint also produces a whole range of different weights of coin with a variety of mintages, as well as coins struck to different standards of quality.

Exclusivity and Quality

Pandas are struck in both brilliant uncirculated (BU) and proof condition, appealing to bullion investors – who are likely to go for BU coins, as well as

collectors and numismatists – who would be more concerned with the proof strikes due to their much higher quality and reduced mintage figures. However there is one aspect of bullion Pandas that makes them stand out from other precious metal coins around the world, making even the BU coins of interest to numismatists and collectors. Unlike the bullion production from other global mints, the China Mint limits the mintage of even it’s bullion coins, and strikes them to a brilliant uncirculated standard as well! This gives them instant numismatic value which increases over time – largely unaffected by price movements in the commodities markets for precious metals. With an ever expanding market for Panda coins, both domestically and internationally, this exclusivity through limiting mintages makes the Panda a wise investment option.

Other global mints make a distinction between their striking standards, differentiating between bullion, brilliant uncirculated (or mint state), and proof; and issuing their bullion coins with mintages numbering over a million. A good example is the Royal Mint in the UK, which produces the British Sovereign coin. Their bullion sovereigns are struck once, with a single die being used for many coins; their brilliant uncirculated coins are double-struck; and their proof coins are struck multiple times, with the die changed regularly and each coin being hand inspected and touched-up by an expert engraver. The China Mint has similarly exacting standards when it comes to proof and brilliant uncirculated coins, but doesn’t concern itself with bullion quality, instead preferring to raise the bar and produce all its bullion coins to brilliant uncirculated (or mint state) standards.

Design

Aside from the Panda being an iconic and endangered animal, it often causes even the most stern and hard-hearted of people to melt inside when they see them. The designs of Chinese Panda coins hold a similar lure for investors and collectors, who are attracted by the crisp rendering of the Panda and the striking contrast created between the black and white fur – even though only one metal has been used to create this effect. Such is the skill and craftsmanship of the engravers at the China Mint.

The China Mint has also been kept on its toes by a market that has demanded a new design each year (with the exception of the 2001 and 2002 issues which have the same Panda image, causing considerable public outcry in the numismatic community at the time). Many mints around the world tend to sit on their hands when it comes to a design, staying with the same image for a run of several years. However, the China Mint is constantly evolving and developing new ideas, pioneering new techniques to create a variety of effects. For example, they were among the first to utilise the contrast between the frosted and plain finish on coin faces to accentuate the difference between the black and white areas of the Panda.

An annual change of the Panda image rendered on the reverse face of the coin is a constant source of excitement for collectors. There is much speculation and discussion – especially in online forums – about the design in the run-up to the announcement of the next year’s release. This is even more so in recent years due to

the Mint’s decision not to include the metallurgic assay on the reverse face of the 2015 issue. Rumours are circulating as to whether the 2016 Panda will return to the usual format or continue this new trend. Speculation is also rife that the China Mint will be moving away from issuing their coins by weights according to the long-established imperial system of troy ounces, instead preferring a metric system of weights and measures. This is an exciting time for the Chinese Panda coin, and seasoned collectors or beginners alike will surely want to get involved at this critical juncture for this renowned and iconic series.

What makes Panda Coins special?

Comparisons

In order to answer this question, first we must understand what we are going to compare panda coins against. The main countries that produce competing gold coins that account for 80%+ of all gold bullion coins produced are United States, South Africa, Canada, China and Austria.

Gold coins are struck by these various countries to meet demand from gold investors who typically store a larger proportion of their wealth in gold than the 5-10% recommended by asset managers and financial advisors. Gold ownership is a diversification strategy deployed to act as a hedge against uncertainty. Much like an insurance policy, gold is there when you need it. It is a tangible asset that is no one else’s liability and is fungible, instantly liquid around the world at an unambiguous price.

As relates to the gold coins that people acquire, options include gold coins that are 91.6% or 99.9% pure (or greater) and the countries as mentioned previously. Each country has a theme or well-known gold coin that is produced annually. In the case of the United States, there are the American Gold Eagle (AGE) and American Buffalo coins.

The popular Canadian gold coin is the Maple Leaf whilst the first main gold bullion coin was the South African Krugerrand introduced in 1967 and named after Paul Kruger, the figurehead behind the Boer resistance of the British (1899-1902). His bust appears on the obverse of the coin whilst the art work of Coert Steynberg – the Springbok Antelope – is present on all reverse faces of this popular coin. Even though it is not .999 in fineness, it still contains one full troy ounce of .999 gold. The actual weight of this coin is 1.0909 troy ounces.

Austria produces the Philharmonic gold coin in tribute to the wold renowned orchestra where various musical instruments appear on the coin. It is the case with all of these popular gold coins, they appear the same – year after year, decade after decade with one exception, the text inscribed on the coin showing the year of issue.

Let’s look at some specifics on how the panda coins stand out against these contemporaries.

Each Year is Unique

Every year a new scene is depicted on the panda coin. With one exception (2002/03), no two years are alike. From an investor and collector perspective: there is a proven track record of demand for ‘sets,’ assembling one coin from each year and consequent price appreciation.

Demand

Does any country in the world have the stars lined up in the following more than China? Population, Purchasing power and Culture of seeing precious metals as money…
No.

Supply

Unlike the coins we have looked at above, produced annually in the millions – Chinese gold panda coins have a very limited supply. In recent years, the 1 oz gold panda coin has a mintage of 600,000 – perhaps 10% of other coins we have looked at. If we go back 10 or 15 years, the little-known existence of panda coins meant that the Mint was churning out just a few thousand coins each year – for the flagship bullion coin of the People’s Republic of China!

Momentum

We are not back in 1995, 2000 or even 2005. Panda coins are no longer a secret and queuing hours for these delightful gold works of art does happen in this day and age in China. The good news, have you seen the Chinese Panda coin featured in Time Magazine, television or newspapers? Probably not. Whilst the campaign is underway in China to market these coins to citizens who have a clear appetite for saving and investing in precious metals and panda coins as well as gifting these to close friends and family (usually fractional sizes that are more affordable), it is still a relative secret in the United States and other countries. The momentum factor, as we call it, is the price appreciation of panda coins relative to the other competing bullion coins. Let’s just say the gold price has been quite irrelevant for those who have been buying panda coins in recent years. The premium for several 1 oz gold pandas is greater than the value of the gold content!

Accessibility

For many years, the United States was the primary destination for the majority of gold panda coins at a time when precious metal ownership was not possible in China. As we can testify, most gold panda coins that we acquire have been heading back to their motherland for years – as one might expect – but still, we are able to offer an unparalleled variety of gold panda coins in 1 oz, 1/2 oz, 1/4 oz, 1/10 oz and 1/20 oz sizes. Individual coins, sets by type (1982-2013 1 oz gold set) or year (2000 5 coin 1.9 oz gold panda set), are what we specialize in. This is the the accessibility part but more than that, our prices are extremely competitive. We price our coins to move and are a leading wholesaler to our partners, fellow coin dealers, in China. Contact PandaCoins.com today to speak to a Chinese coin expert today to see the difference that Chinese gold coins can make to your tangible precious metals portfolio.

Panda Coins

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One of the most recognized modern Chinese coin series internationally, the Panda coins is the bread and butter of modern Chinese precious metal coins. Issued every year since 1982, the Panda coins provide refreshing designs each year, setting the standard for all modern Chinese coins, leaving people in awe and satisfying Panda fans from every corner of the world. Panda coins can be roughly divided into three different classes: brilliantly uncirculated (BU) Panda coins, Proof Panda Coins and Commemoration Panda coins. Most BU Panda are defensive investment, with their values following international precious metal prices, which slowly grow over time. Proof Panda and Commemoration Pandas on the other hand are aggressive investment, with the investment values affected strongly by the mintage and designs, making them generally worth more compared to the international precious metal prices. They are also in high demand by collectors, therefore a higher growth potential over a shorter period of time. Either way, most Panda coins have considerable investment values as well as collection value which make them desirable for investors and coin collectors alike. Here, we will have a look at the different Panda coins out there and how they fare in terms of their investment values and collection values. In particular, the following Panda coin will be discussed: BU Gold Pandas, BU Silver Pandas, Proof Pandas, Double-metal Pandas, Large Gold Pandas, Large Silver Pandas, Worded Pandas, Platinum and Palladium Pandas, and Official Commemoration Pandas. You will see that within every of these Panda types there are many coins which are extremely appealing, ranging from the most precious ones which worth a house or two, to the common but elegant coins which are pretty and affordable. As Chairman Deng would put it, it doesn’t matter whether it is a gold Panda or silver Panda, as long as it can entice a collector it is a good Panda!

Gold Brilliant Uncirculated, or ‘BU’

The Gold Pandas have always been one of the top five investment coins in the world. The BU Gold Panda comes in the size of 1oz, ½ oz, ¼ oz, 1/10 oz and 1/20 oz. These five sizes of BU Gold Panda appear in the series every year, except for the 1982 series which does not have the 1/20 oz coin. Additionally, the 1991 series also has an unique 1 g gold coin.   

Even though on average the prices of these BU Gold Pandas are considerably less than Proof Panda coins, some particular ones still stand out as good investment, such as the 1982 BU Gold Pandas, the first ever Panda series and the only Panda series which does not have a denomination. The 1 oz Gold Panda in this series can fetch over $2500 USD, way above other 1 oz gold coins. The 1983, 1995 and 1998 BU Gold Pandas also perform well in the market. Interestingly, 1983 Gold Panda series was the first ever coin series that used both mirror and matte finish to produce a contrasting effect, which was used to emphasize the black and white fur of a panda. This unique design has led to the winning of the International Gold Coin of the Year awards in 1983, and launched the career of the master coin designer, Chen Jian. As for the 1995 and 1998 Gold Panda, they have some of the lowest mintages in the history of Gold Panda coins, making them especially rare to find. For example, the 1998 1/2 oz Gold Panda has an actual mintage of just over 4168, and the 1995 1/2 oz Gold Panda only 11749, compared to the typical mintage of 15000 – 50000 for most BU Panda coins. This makes the 1995 and 1998 BU Gold Panda sets particularly valuable.   

The market prices of other BU Gold Pandas generally follow the gold price, but are usually lower than gold jewelries and accessories of the same weigh and purity. This makes them perfect for investment as the value to price ratio is

considerably higher compared to other gold products. Of course, collecting BU Gold Pandas which have the same price but have a lower mintage would increase the value to price ratio and growth potential even further. Since gold price is bullish in the long run, BU Gold Pandas are a particularly safe investment option for defensive investors.

In a collector’s point of view, the BU Gold Pandas offer enough variety to support any types of collecting strategies. One can collect all coins of the same size, eg all the 1/10 oz Panda coins since 1982 or all the 1/20 Panda coins since 1983 to form an eye-catching collection. Or, one can collect all Panda coins with a particular specialty, such as the Pandas issued on special anniversaries or Pandas which have won coin design awards, adding to the collection a deeper meaning. One can even collect different versions of the same Panda coins, such as the Shanghai Mint and Shenyang mint versions or domestic and overseas versions which might have a slightly different design or different font. The collecting possibilities are endless and can provide immerse joy to collectors for years to come.

Silver Brilliant Uncirculated, or ‘BU’

Compared to the many sizes that the BU Gold Pandas have, the BU Silver Pandas only come in the sizes of 1 oz or ½ oz. In particular, 1 oz Silver Pandas were first issued in 1989, while the ½ oz variety only starts appearing in 1993. Because of the small variety, BU Silver Pandas are perfect beginner coins for both investors and coin collectors. For investment, the BU Silver Pandas are classic defensive investment, with the demand as affordable gift sets being kept high each year. In addition, the international silver price is in general bullish, therefore generating a guaranteed return. For example, 2001- 2009 BU Silver Pandas in general have a 3 years return of at least 10%.  The older BU Silver Pandas have an even higher return with market prices exceeding the silver price. 

For collection of BU Silver Pandas, collectors can start with the collection of the standard BU Silver Panda coins from each year. Because of the small variety of the BU Silver Pandas, collecting them all as a charming silver collection is unexpectedly affordable. For the more advanced collectors, the BU Silver Pandas offer a playing field where collectors can explore the finer details of coin collecting, such as coin finish and coin versions. For example, there are a number of BU Silver Pandas, such as the 1989 – 1992 series, that have an better finish and more brilliant lustre compared to Proof Silver Pandas in that same series. These “Proof BU Pandas” act as a study-aid for collectors who are interested in the different surfacing techniques that have been used on Panda coins over the years. The BU Silver Panda are also well-known for their different versions, originated from different mints which struck the coins. For example, the 1999 BU Silver Panda has three distinct versions with different fonts, struck respectively at Shanghai Mint, Shenyang Mint and Guobao Mint. The 1995 BU Silver Panda has two distinct versions, where the Shenyang version of the coin has 6 bamboo leaves missing on the reverse side compared to the Shanghai version. Caused by the incorrect transferral of the coin mould between mints, this rare mistake made the 1995 BU Silver Pandas particularly valuable to collect.

Proof

Proof Pandas are usually more valuable than the BU Pandas, simply because they are proof coins. Most Proof Pandas have exactly the same design as the BU Pandas of the same year, and are specified by a letter “P” scribed on the reverse side of the coin. The only exceptions are the 1995 and 1996 Proof Pandas, where the designs of the Proof Pandas are completely different, and the letter “P” was not scribed on these coins.

The Proof Gold Pandas were first released in 1986, and were released every year until 1996. In particular, from 1986 – 1994, the Proof Gold Pandas were issued as sets. As for the Proof Silver Panda, the first release was in 1983, weight 27 g. Both 1984 and 1985 saw the released of 27 g Proof Silver Pandas, but the weight was changed to 1 oz in 1987 after skipping 1986. The 1 oz Proof Silver Panda became a standard, and was issued annually from 1989 to 1996.  Apart from the Proof Gold and Proof Silver, there is also the special family of Coloured Proof Silver Pandas, which includes the 1997 and 1998 1oz and ½ oz Coloured Silver Panda, and the 1999 1oz Coloured Silver Pandas. Apart from the beautiful colour, these five coins are particularly special as they were made by the Swiss Mint rather than the Chinese Mints, as the Chinese Mints do not have the technology to do coloured coins.

There are a lot of special coins in the family of Proof Pandas, and many of them have very high market values due to their rarity. For example, the 92, 95 and 96 Proof Gold Pandas are very rare, and can only be seen in world-class coin auctions. For Proof Silvers, the 83 – 85 Proof Silver Pandas, which are rarely seen reverse proofs, can fetch a price around 15,000 Yuan, about 50 times of the silver price. For an investment point of view, 1 oz Proof Silver Pandas which are at relatively low prices can be considered the safest, as they have ample growth potential. But for the collection of Proof Pandas, the relatively higher prices means that collectors are better off constraining themselves with a particular theme, such as collecting all the Proof Silvers, all the Coloured Silvers or all the Proof Golds. That way, collectors can avoid spending a lot of money collecting different Proof Pandas and ending up with random coins which do not form a proper set or collection.   

Bimetallic

The Bimetallic series are rare Panda coins where the centre of the coin is made of gold while the outer ring of the coin is made of silver. It is therefore also known as “Gold Centre Silver Ring Pandas”. Bimetallic Pandas were only issued between 1990 – 1997, with the 1993 and the 1995 Bimetal issued in the same set as the Proof Gold Pandas. Double Metal Pandas can be considered as a family worth collecting on its own. Because Bimetal Pandas have a generally low mintage (less than 3000), and the technology requirements are substantially higher, they are especially respected by Panda fans. 

The first of this type were struck in 1990, when China participated in the 3rd Hong Kong Coin

Convention. For this, the Shenyang Mint designed and struck the Bimetallic Panda with 1/2 oz gold and 1/5 oz

silver to commemorate. This is the first time that the Bimetal technology was used on a Modern Chinese coin, and so the Bimetallic Panda became an instant star at the convention. In the following year, the name of the convention was changed to Hong Kong International Coin Convention, and Shenyang Mint again designed and struck a Bimetal Panda with ¼ oz gold and 1/8 oz silver to commemorate the event. The next Bimetallic Panda appeared in the following year with a weight of 1/10 oz gold and 1/28 oz silver. This little coin was much smaller than the rest of the family, but is equally popular through its elegance and cuteness. From the years 1995 – 1997, four different designs of Bimetallic Panda were released each year, with three normal sizes ½ oz gold + 1/5 oz Silver, ¼ oz gold and 1/8 oz silver, and 1/10 oz gold+1/28 oz silver; and a large Double Metal Panda of 5oz gold + 2oz silver. All the normal size Double Metal Pandas are rare and precious, but is particularly so for the 1997 Bimetallic Panda. These large coins of 500 Yuan denomination are of course a lot more valuable, not only because of the higher precious metal weight, but also the considerably lower mintage. The 1995 and 1996 Bimetal Pandas have a mintage of only 199. The 1997 is even rarer, as the issuing of the coin was withheld due to the financial crisis, making the 1997 Large Double Metal Panda an extremely valuable pattern coin. Also worth noting is the Double Metal Panda  with ¼ oz gold  +1/8 oz Silver which was made for the 1996 Munich international Coin Show, the only Double Metal Panda ever made for a European coin show.

Large Gold – 5 oz, 12 oz, Kilogram+

All Large Gold Pandas are proof coins, and are not for the faint-hearted: you will need a substantial financial basis for the investment or collection of these solid gold coins. Large Gold Panda normally comes in 5oz, 12 oz and 1kg sizes, except the 1991 5kg gold Panda which was made to commemorate the 10th anniversary of Gold Panda coins. Apart from the years 82, 83, 85, 89 and 98, more than one type of Large Gold Pandas were issued each year.

The principle of investing and collecting Large Gold Pandas are the same – the larger the better, the rarer the better, and the best ones will always be the best. That’s because the ones who can afford to invest or collect these large gold panda will be the best investors or collectors in the world, and so the demand would always be driven by the weight or rarity of the coins as oppose to the design or special characteristics. A number of especially valuable Large Gold Pandas have appeared over the years, such as the 1984 12 oz Gold Panda, the first Large Gold Panda in China. With only 250 mintage, mint 1984 12oz Gold Pandas are especially rare due to the lack of proper packaging material when they were issued, leaving many issued coins damaged. The 1991 12 oz Gold Panda has an even lower mintage of 100, making them one of the rarest Modern Chinese coins. But the rarest of all is the 1991 5kg Gold. With a mintage of 10, the rarity and value of these 5kg Gold Pandas cannot be evaluated in monetary terms. Interestingly, most of these 5kg Gold Pandas are owned by international coin collectors, and are basically unheard of within China. The newer 92 – 94 5oz and 12 oz Gold Pandas as well as the 95 12 oz Gold Panda have a planned mintage of only 99, with some of them having an even lower actual mintage. This makes them some of the most valuable Large Gold Pandas.  Finally, we have the recent Large Gold Pandas – the 97 – 04 1kg panda, with only around 60 – 70 mintage and the high weight guaranteeing their values in the market.  These Large Panda Gold mentioned above are the best coins in this family, and as time passes, their value, growth and demand is expected to surpass most gold coins in the world.

Large Silver

Like their gold counter parts, Large Silver Pandas are all proof coins, and again require substantial financial wealth to invest and collect. Similar to the Large Gold Pandas, the investment and collection values of the Large Silver Panda are solely based on their weight and rarity. In particular, the 94 – 97 12 oz Silver Panda are absolute stars in terms of rarity: it is practically impossible to see them outside of conventions and auction houses. Another auction houses’ favourites are the equally rare 94 and 95 5 oz Silver Pandas. In terms of weight, the 1 kg Silver Pandas, first issued in 1998, win hands down. In particular, those issued from 98 – 01 are very desirable for investors and collectors alike, with the 1998 and 2000 1 kg Silver Pandas especially so. Those that were issued after 2002, however, are much less attractive due to their very high mintages – double that of previous years.

Apart from those mentioned above, there are two Large Silver Pandas that deserve special mention: the 1991 5oz Silver Panda, which is the only reverse proof in the Large Silver Panda family; and the 2002 1kg Silver Panda, which was issued to commemorate the 20th anniversary of the Gold Panda coins and has on the reverse side in original size the 1982 1 oz Gold Panda and 2001 1 oz Gold Panda in plated gold (3 g of gold was used). Both of these Large Pandas are especially praised by Panda fans.

Commemoratives & Special Issues

Worded Pandas are Panda coins with extra words scribed to commemorate a certain event or certain things. There are two types of Worded Pandas. The first type is special Panda coins designed and made for the commemoration of Panda coin anniversaries, such as the 91 Gold and Silver Panda Piedforts (for the 10th anniversary of Panda coins), the 96 1 oz, ¼ oz and 1/10 oz Gold Panda (for the 10th anniversary of Proof Gold Pandas), the 2002 Platinum Panda and Gold Plated 1kg Silver Panda (for the 20th anniversary of Panda coins) and the 2007 25th anniversary Gold and Silver Panda set. These Worded Panda are official Panda coins, and are particularly eye-catching due to the extra words and the associated meanings.

The second type is Panda coins for the commemoration of different events, such as the Chinese Coin Expo Commemoration Series, Chinese Commercial Banks Anniversary Series, Chinese Year of Tourism Commemoration, Chongqing Direct-Controlled Municipality Anniversary, Zhuhai Aerospace Expo Commemoration, Shenyang Gardening Expo Commemoration, the list goes on. These Worded Pandas are at best cousins of Panda coins, as they are made simply by scribing extra words on existing Panda BU coins issued on the same year. Even still, some of these series such as the Coin Expo Series do catch considerable attention from investors and collectors.

Certain Worded Panda coins are good investment choices, such as the 1991 Gold and Silver Piedforts, 2002 Platinum Pandas, the Coin Expo Series and the Commercial Bank Anniversary Series. In particular, both the 1991 Piedforts and the 2002 Platinum Panda are the only one of their kinds in the world of Panda coins. Because of their rarity, they are constantly on high demand. The Coin Expo Pandas and the Bank Anniversary Pandas on the other hand have enough coins to make their own distinct collectable series, keeping them on high demand by themed collectors and people who work in the finance industry. In terms of collection value, the themed nature of these Worded Panda coins makes them a nice starting point for Panda coin beginners. Collectors can easily choose to collect all the Panda Anniversary coins, which are at the moment quite affordable, to form a nice introductory set for their Panda coin collections. Or, they can choose to collect the Coin Expo Pandas or the Bank Anniversary Pandas, along with the other commemoration coins from the same event to form a complete and eye-catching themed collection. 

Platinum & Palladium

The Platinum and Palladium Pandas are going to be shining stars of the future. From the first set of Platinum Panda in 1987 and first set of palladium Panda in 1989, these precious metal coins have only appeared occasionally over the years. Palladium Pandas have only been issued three times: 1989 1 oz Palladium Panda, 2004 ½ oz Palladium Panda, and 2005 ½ oz Palladium Panda. The Platinum Panda family is slightly larger, with Platinum Pandas appearing in 87-90, 93-97, and 02-05. The value of these Platinum and Palladium Pandas for investment and for collection cannot be neglected. Apart from the few varieties, the most Platinum and Palladium Pandas have a market value similar to the metal prices. The combination of low mintages, rarity of platinum and palladium metals and the relatively low current prices make these coins perfect for long term investments. For collectors, the Palladium Panda can be easily collected as its own set, while the Platinum Panda poses a collection challenge. In particular, while collectors can readily find 1 oz Platinum Pandas from 87 – 90 and collect them as a set, it is really hard to collect the whole set of 1/10 oz and 1/20 oz as some of these smaller Platinum Pandas have simply lost and disappeared over time. For example, the 93-97 1/10 oz and 1/20 oz Platinum Pandas can hardly be seen in recent years within the domestic markets and auction houses (of China). This just shows how rare these Platinum Pandas can be.

Other Commemorative Pandas

Lastly, we will have a look at Official Commemoration Pandas – a cousin of the Panda coins. Official Commemoration Pandas are usually designed and made for the commemoration of various coin expos or tradeshows. Usually they have on the obverse side either the Great Wall or Tiantan (Temple of Heaven), together with a famous landmark or architecture of the coin expo’s host city. On the reverse side would be different Panda designs. Hence even though these coins do not belong to any of the annual Panda coin series, they are cherished as a part of the Panda coin family by Panda fans. Expo Pandas can be categorised into three major types: American Coins (eg American Numismatic association (ANA) coins and ANA expo coins), European Expo Coins (eg Munich Coins, Brussels Coins and Zurich Coins), and Hong Kong Coins.

To the credit of the brilliant designers, no two Panda designs are the same despite the large variety of Expo Coins. The pandas on each coin are all different – sometimes being cute, sometimes being naughty; sometimes climbing a tree, sometimes eating bamboo; some have pandas playing in the field, others have panda mums cuddling their cubs – each displaying an aspect of a panda’s life. This large variety of Panda designs makes the Expo Pandas especially adored by Panda fans around the world.

 

Expo Coin materials also come in many varieties, ranging from the typical gold, silver, platinum and palladium to double metal and kg silver coins. This family of Panda coins is currently under-valued, with only the most experienced coin collector realising their true potential. It is definitely a Panda type that is worth investing and collecting.

There are also a few non-expo Commemoration Pandas, such as the Silver, Purple Copper and Gold plated Panda for the 10th Gold Panda anniversary; the Copper Panda for the commemoration of the winning of the Chinese Design and Arts awards by the Gold Panda coins; and the Cooper Panda for the commemoration of the 16th International Mint Conference. These special Commemoration Pandas are all worthwhile coins to invest and collect.