China 1991 1 oz Silver Panda

10 Yuan Proof Coin

About the China 1991 1 oz Silver Panda 10 Yuan Proof Coin

The coin pictured above is one of nineteen 1991 panda coins.  Of the nineteen issued in this year, fourteen coins are gold and five 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, 1991.

The Temple of Heaven, completed in the early Ming Dynasty (1368-1644) in 1420 AD, was visited every year by the Ming and Qing emperors at the winter solstice to pray to Heaven for a good harvest.  A good harvest would indicate to the people that Heaven was happy with the rule of the current emperor while a poor harvest would show that Heaven was displeased with the emperor's conduct.  It was therefore a very important ritual for the emperors to perform as political stability and the perceived legitimacy of their rule depended on it.

This is the 10 yuan, 1 oz silver coin of the series issued in 1991.  It is a proof coin of 99.9% purity and has a mintage of 20,000.  The reverse of the coin shows a picture of a panda.  The panda sits on rocks on a river bank dangling its hind paws in the water.  In its paws it holds a bamboo stem.  The denomination is inscribed to the left of the image.  Around the top edge of the reverse face is an inscription pertaining to the specifications of the coin.  It reads: “Contains 1 oz pure silver, purity .999, 1 oz Ag”.

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