The coin pictured above is one of twenty 1989 panda coins. Of the twenty issued in this year, one coin is platinum, one is palladium, fourteen are gold, and four are silver. The reverse of the coins in this series show different images of pandas. The obverse of the coins all bear the inscription: “The People’s Republic of China”. Below this inscription on all coins in the group is an image of the Temple of Heaven, below which is the year of issue, 1989.
The Temple of Heaven was constructed towards to beginning of the Ming Dynasty (1368-1644) in 1420 AD. The part of the temple complex in the image is the Hall of Prayer for Good Harvests where the Ming Dynasty and Qing Dynasty (1644-1912) emperors would go to pray to Heaven for a good harvest. A good harvest kept the people happy as they were not only fed, but they also believed this showed Heaven continued to approve of the Emperor’s rule.
This is the 10 yuan, 1 oz silver coin of the series issued in 1989. It is a proof coin of 99.9% purity and has a mintage of 25,000. The reverse of the coin shows a picture of a panda laid over a grid pattern. The panda sits reclining eating a bamboo shoot, propping itself up with its left arm. In its right paw it holds a bamboo stem. Below the image is an inscription pertaining to the specifications of the coin. It reads: “Contains 1 oz pure silver, purity .999, 10 yuan, 1 oz Ag”.