China Republic – Singapore International Coin Fair
2012 Proof Silver Panda Medal 40mm (31.10 grams) 0.999 Silver (1.000 oz. ASW)
1oz Ag . 999, Panda with cub in grass, bamboo with leaves behind.
Singapore International Coin Fair 2012, Marina Bay Sands upper right, Great Wall of China lower left, convention logo lower right.

You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.

Singapore, officially the Republic of Singapore, is a sovereign island city-state in maritime Southeast Asia. It lies about one degree of latitude (137 kilometres or 85 miles) north of the equator, off the southern tip of the Malay Peninsula, bordering the Straits of Malacca to the west, the Riau Islands to the south, and the South China Sea to the east. The country’s territory is composed of one main island, 63 satellite islands and islets, and one outlying islet, the combined area of which has increased by 25% since the country’s independence as a result of extensive land reclamation projects. It has the second greatest population density in the world. The country has almost 5.7 million residents, 61% (3.4 million) of whom are Singaporean citizens. There are four official languages of Singapore: English, Malay, Chinese, and Tamil; with English being the lingua franca. Multiracialism is enshrined in the constitution, and continues to shape national policies in education, housing, and politics.

Although its history stretches back millennia, modern Singapore was founded in 1819 by Sir Stamford Raffles as a trading post of the British Empire. In 1867, the colonies in East Asia were reorganised and Singapore came under the direct control of Britain as part of the Straits Settlements. During the Second World War, Singapore was occupied by Japan in 1942, but returned to British control as a separate crown colony following Japan’s surrender in 1945. Singapore gained self-governance in 1959, and in 1963 became part of the new federation of Malaysia, alongside Malaya, North Borneo, and Sarawak. Ideological differences led to Singapore being expelled from the federation two years later, thereby becoming an independent country.

After early years of turbulence and despite lacking natural resources and a hinterland, the nation rapidly developed to become one of the Four Asian Tigers based on external trade, becoming a highly developed country; it is ranked ninth on the UN Human Development Index, and has the seventh-highest GDP per capita in the world. Singapore is the only country in Asia with an AAA sovereign rating from all major rating agencies. It is a major financial and shipping hub, consistently ranked the most expensive city to live in since 2013, and has been identified as a tax haven. Singapore is placed highly in key social indicators: education, healthcare, quality of life, personal safety and housing, with a home-ownership rate of 91%. Singaporeans enjoy one of the world’s longest life expectancies, fastest Internet connection speeds and one of the lowest infant mortality rates in the world.

Singapore is a unitary parliamentary republic with a Westminster system of unicameral parliamentary government. While elections are considered generally free, the government exercises significant control over politics and society, and the People’s Action Party has ruled continuously since independence. One of the five founding members of ASEAN, Singapore is also the headquarters of the Asia-Pacific Economic Cooperation (APEC) Secretariat and Pacific Economic Cooperation Council (PECC) Secretariat, as well as many international conferences and events. Singapore is also a member of the United Nations, World Trade Organization, East Asia Summit, Non-Aligned Movement and the Commonwealth of Nations.

China, officially the People’s Republic of China (PRC) since 1949, is a country in East Asia and the world’s most populous country, with a population of around 1.404 billion. Covering approximately 9,600,000 square kilometers (3,700,000 sq mi), it is the third- or fourth-largest country by total area, depending on the source consulted. Governed by the Communist Party of China, the state exercises jurisdiction over 22 provinces, five autonomous regions, four direct-controlled municipalities (Beijing, Tianjin, Shanghai, and Chongqing), and the special administrative regions of Hong Kong and Macau.

China emerged as one of the world’s earliest civilizations, in the fertile basin of the Yellow River in the North China Plain. For millennia, China’s political system was based on hereditary monarchies, or dynasties, beginning with the semi-legendary Xia dynasty in 21st century BCE. Since then, China has expanded, fractured, and re-unified numerous times. In the 3rd century BCE, the Qin unified core China and established the first Chinese empire. The succeeding Han dynasty, which ruled from 206 BC until 220 AD, saw some of the most advanced technology at that time, including papermaking and the compass, along with agricultural and medical improvements. The invention of gunpowder and movable type in the Tang dynasty (618-907) and Northern Song (960-1127) completed the Four Great Inventions. Tang culture spread widely in Asia, as the new maritime Silk Route brought traders to as far as Mesopotamia and Horn of Africa. Dynastic rule ended in 1912 with the Xinhai Revolution, when a republic replaced the Qing dynasty. The Chinese Civil War resulted in a division of territory in 1949, when the Communist Party of China established the People’s Republic of China, a unitary one-party sovereign state on Mainland China, while the Kuomintang-led government retreated to the island of Taiwan. The political status of Taiwan remains disputed.

Since the introduction of economic reforms in 1978, China’s economy has been one of the world’s fastest-growing with annual growth rates consistently above 6 percent. As of 2016, it is the world’s second-largest economy by nominal GDP and largest by purchasing power parity (PPP). China is also the world’s largest exporter and second-largest importer of goods. China is a recognized nuclear weapons state and has the world’s largest standing army and second-largest defense budget. The PRC is a permanent member of the United Nations Security Council as it replaced the ROC in 1971, as well as an active global partner of ASEAN Plus mechanism. China is also a leading member of numerous formal and informal multilateral organizations, including the Shanghai Cooperation Organization (SCO), WTO, APEC, BRICS, the BCIM, and the G20. China is a great power and a major regional power within Asia, and has been characterized as a potential superpower.