The 2016 Panda silver 30g coins are eagerly sought after by coin collectors each year. Issued by the China Mint, each year these silver bullion coins bear a new exquisite panda design on the reverse. Struck in 999 fine silver, these silver Panda coins are individually capsulated. If you order in quantities of 15, we will supply the coins in the storage holder for no extra charge.
|Quantity||Premium||Total (Inc. VAT)||Total|
Price Per Item:
£20.29 (Exc. VAT)
£24.35 (Inc. VAT)
Price Per Item:
£20.18 (Exc. VAT)
£24.22 (Inc. VAT)
Price Per Item:
£20.07 (Exc. VAT)
£24.08 (Inc. VAT)
Price Per Item:
£19.92 (Exc. VAT)
£23.90 (Inc. VAT)
Until 2015, the silver pandas contained one troy ounce of silver. However, from 2016 onwards, these bullion coins contain 30 grams of silver (instead of 31.1035g).
This is because the Chinese gold and silver panda coins are now measured in the metric system, rather than the troy ounce system which most precious metals are measured in. The differential between the one ounce coin and the 30 gram coin is 3.548%. If you bought one of the metric coins as a one ounce coin, you would have overpaid by 3.68%.
We're not sure why the Mint of China decided on this change. It may be a noble cause to push metrication, which could be traced back to having started in 1585. The metric system was officially introduced in France in December 1799, and was adopted in some other European countries during the nineteenth century. China started metrication in 1925.
Our feeling is that, because precious metals are still traded internationally in troy ounces, it makes sense to retain the troy ounce for at least some bullion coins. This need not preclude using metric weights for others. The UK and Australia both successfully issue bullion coins from a fractions of a troy ounce up to multiples, at the same time producing kilo versions.
We received our first delivery of 2016 silver pandas on 24th December, 2015.
If you are interesting in collecting Panda coins, you might like to read these blogs:
The obverse shows the Temple of Heaven, like in previous years.
The reverse of the coin shows an adult panda on a branch.
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their gold content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes, therefore some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows
Orders over £60 - Fully Insured Delivery.
Within the UK and BFPO - Next day fully insured and tracked. Delivery starts from £9.
International - Royal Mail International Signed / Royal Mail International Tracked / Royal Mail International Tracked and Signed For. Items sent via this method will normally arrive between 3-7 working days. Delivery starts from £15.
Orders under £60
Within the UK and BFPO - Royal Mail 2nd Class. Your order will normally arrive within 2-3 working days. Delivery starts from £3.50.
International - Royal Mail International Standard. Your order will normally arrive between 3-7 working days. Delivery starts from £6.
If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +44 1253 343 081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.
For international delivery, please check with your local customs office for more information on custom duty and taxes.
We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.
Orders < £1000 there is no additional fee
Orders > £1000 we charge a fee in order to cover the increasing costs of insurance. For every £1000 we apply a £1 fee.
Full delivery information can be found by clicking here