Commemorative coins are legal tender issued by a country to commemorate major international or domestic political, historical and cultural events, outstanding figures, places of interest, rare animals and plants, sports events and so on. They include ordinary commemorative coins and precious metal commemorative coins. General or refined quality, limited distribution.
Ordinary commemorative coins can be circulated, but precious metal commemorative coins cannot be circulated. Chinese commemorative coins are legal tender designed and manufactured by China Banknote Printing and Minting Corporation and issued by China People's Bank. Commemorative coins are usually issued to commemorate major political and historical events, traditional culture and other events of special significance in China. Ordinary commemorative coins have the same function as the RMB currently in circulation, which is equivalent to the RMB with the same denomination.
Precious Metal Commemorative Coins Since the first set of precious metal commemorative coins was issued in 1979, China's modern gold and silver commemorative coins have gone through a glorious development course of nearly 40 years, with more than 2,000 varieties sold in 15 series. Themes include major political and historical events, outstanding historical figures, giant pandas and rare animals, China Zodiac, China classical literature, ancient scientific and technological inventions and discoveries, China traditional culture, China famous painters, religious arts, sports, military science and technology, etc. , which reflects China's 5,000-year history of civilization and a long history of China culture.
Precious metal commemorative coins include commemorative coins cast by precious metals such as gold coins, silver coins, platinum coins and palladium coins or their alloys, and are made of precious metals such as gold and silver. A wide range of topics, exquisite workmanship, strong ornamental, mostly mass. There are also round coins, square coins, colored coins and sector coins. Their face values are five yuan, ten yuan, thirty yuan, five yuan, one hundred yuan, five hundred yuan and one thousand yuan. The issue price of such coins is generally equal to dozens or hundreds of times the face value. Therefore, the face value is only a symbolic currency symbol, which does not indicate its true value and cannot be circulated, and its face value is not recorded in the market cash flow.