Peter Anthony: The 1989 10 Yuan 1 oz. silver Panda in Proof condition is the second 1 oz. silver proof coin in the series. The design by Luo Yonghui from the Shanghai Mint is unique in the series with its abstract grid background.
As with most proof coins the fields are brilliant reflective surfaces that provide an excellent backdrop for the devices' image. The mintage is 25,000 so the coin is not rare. It is also not difficult to find in high grade. Proofs are a very popular way to collect silver Pandas and the 1989 is a very pretty addition to any collection. It is part of the “Silver 10Y Panda, 1983-1999, Proof” NGC Registry Set.