2. How to identify precious metal commemorative coins?
Precious metal commemorative coins issued by the People's Bank of China are legal tender with denomination, country name and year number, and their weight and color meet the standards published by the People's Bank of China. Moreover, each precious metal commemorative coin is accompanied by a certificate signed by the Governor of the People's Bank of China. In the 20th century, some merchants sold their products in the name of "gold coins" or "silver coins", and some merchants used China theme as precious metal commemorative coins for advertising and marketing with false currency denominations (such as "100USD"), misleading consumers.
3. Why should the precious metal commemorative coins be marked with the country name and year number?
Country name refers to the name of the country. When a country issues commemorative coins, it usually indicates its name, which is one of the main characteristics of legal tender. China's precious metal commemorative coins are all marked with the words "People's Republic of China (PRC)" on the front. The year number is the name of a year. The commemorative coins issued by a country are all marked with the year of issue, so are the precious metal commemorative coins issued by China.
4. How to understand the relationship between the denomination of precious metal commemorative coins and their selling prices? Since the People's Bank of China issued the "Millennium Commemorative" gold and silver coins in 2000, it has standardized and unified the specifications, varieties and denominations of precious metal commemorative coins. See the following table for details: gold coin specification denomination silver coin specification denomination platinum coin specification denomination palladium coin specification denomination 1/20 oz 20 yuan 1/4 oz 3 yuan 1/20 oz 50 yuan 1/20 oz 10 yuan1/. Kloc-0// 654384 ounces 300 yuan 1/4 ounces 50 yuan 1/3 ounces 50 yuan 2 ounces 20 yuan 1/ 2 ounces 500 yuan 1/2 ounces 100 yuan/Kloc-0. Kloc-0/000 Yuan 1 2000 Yuan per ounce 10 kg 10000 Yuan As can be seen from the above table, the denomination of precious metal commemorative coins is only a currency symbol and does not represent the actual value of precious metal commemorative coins. The selling price of the issuer is determined according to the raw material price, design and production cost of precious metal commemorative coins and other factors. Therefore, the denomination and sales price of precious metal commemorative coins are not consistent. In general, the latter is much higher than the former. 5. How to establish precious metal commemorative coins?
The theme of precious metal commemorative coins is to carry forward national culture, publicize socialism, patriotism and the great achievements of China's reform and opening up, and promote world peace. The precious metal commemorative coin project of China People's Bank is an annual project plan. The project plan shall be determined by the People's Bank of China according to the needs, and shall be submitted to the State Council for approval if it involves major political and historical themes.
6. From what channels can I get the information on the issuance of precious metal commemorative coins to distinguish between true and false?
Before the sale of precious metal commemorative coins, the People's Bank of China issued an announcement to announce the theme, denomination, pattern, material, style, specification, quantity and issuing time of commemorative coins to the public. You can log on to the websites of China People's Bank and China Gold Coin Corporation to inquire about the issuance information, or you can call the customer service hotline of China Gold Coin Customer Service Center for consultation.
7. Which companies mainly produce precious metal commemorative coins?
Precious metal commemorative coins are mainly produced by Shanghai Mint Co., Ltd, Shenyang Mint Co., Ltd and Shenzhen Bao Guo Mint Co., Ltd.
8. Through what channels are precious metal commemorative coins sold?
China Gold Coin Corporation is a company directly under the People's Bank of China that specializes in the issuance of precious metal commemorative coins.
Domestic sales channels include: China Gold Coin Shenzhen Distribution Center under China Gold Coin Corporation, Beijing Kaiyuan China Gold Coin Distribution Center, Shanghai Gold Coin Investment Co., Ltd., Shenzhen Bao Guo Mint Co., Ltd., China Gold Coin Corporation Direct Sales Center, Guo Ding Gold Co., Ltd. and other franchised retailers of precious metal commemorative coins. China Great Wall Coin Investment Co., Ltd. is responsible for overseas sales.
9. What are the five open principles for the sale of precious metal commemorative coins?
The "five publicity principles" in the sales of precious metal commemorative coins refer to the publicity of goods, circulation, price, dealers and sales methods. In order to further improve the transparency of sales, China National Gold Coin Corporation launched the "Sunshine Project" in August 2005, that is, when issuing commemorative coins, China National Gold Coin Corporation announced the list, address, contact number, identification number and sales supervision telephone number of all dealers through "China Gold Coin Network", and dealers announced relevant sales information through local media or business outlets, and accepted social supervision. Article 18 of the Regulations on the Administration of Renminbi in People's Republic of China (PRC) clearly stipulates: "The People's Bank of China may issue commemorative coins as required. Commemorative coins are RMB with a specific theme and limited issuance, including ordinary commemorative coins and precious metal commemorative coins. " In other words, ordinary commemorative coins and precious metal commemorative coins are legal tender in People's Republic of China (PRC) and belong to two different categories of commemorative coins.
However, there are great differences between the two, mainly in:
First, the material. Ordinary commemorative coins are generally made of ordinary metal materials such as brass alloy, while precious metal commemorative coins are generally made of precious metals such as gold, silver and platinum. In terms of materials, the latter is more expensive than the former.
Second, liquidity. Ordinary commemorative coins have the same function as the current circulating RMB, and are circulated at the same value as the RMB with the same denomination; The denomination of precious metal commemorative coins is only a currency symbol, regardless of the cash flow in the market. It does not participate in currency circulation, but it is compensated by national laws. Since 2000, China Gold Coin Corporation has standardized and unified the denomination standards of precious metal commemorative coins of various materials and specifications since the sale of "Millennium Commemorative" gold and silver coins.
Third, circulation. The quantity of two kinds of commemorative coins is determined by the People's Bank of China, but the circulation of ordinary commemorative coins is generally much larger than that of precious metal commemorative coins. The collection nature of precious metal commemorative coins determines that they must be scarce and cannot be issued indefinitely.
4. Appraisal certificate. Each product of precious metal commemorative coins has an appraisal certificate issued by the Governor of the People's Bank of China (except the common gold and silver coins of pandas), which proves the specifications, fineness, quality, weight, denomination and maximum circulation of each gold and silver coin. Ordinary commemorative coins do not issue appraisal certificates. Gold and silver coins are better preserved than collections such as calligraphy, paintings and stamps. However, due to the neglect of maintenance or improper maintenance methods in the collection, the appearance of gold and silver coins will often be affected.
In the collection of gold and silver commemorative coins, some friends often leave gold and silver commemorative coins with excellent appearance at will, and even bump into them. Some friends bite with their teeth and carve with a knife to identify the purity. It is regrettable that all kinds of wrong appreciation and maintenance methods have made gold and silver commemorative coins black and blue.
So how to maintain the gold and silver commemorative coins? As we all know, precious metals such as gold and silver have strong ductility and soft texture. Once hit by a hard object, it will leave a mark. Therefore, to maintain gold and silver commemorative coins, we must first avoid direct collision and friction with hard objects. Don't put several coins in one pocket at the same time, let them rub against each other. Pack them separately with soft cloth or paper. Secondly, in order to prevent hand pollution, gold and silver commemorative coins are packed in a thin sealed transparent plastic bag when leaving the factory to isolate the air and protect the coin surface from oxidation. Don't take coins out of plastic bags easily, just touch them with your hands. When watching commemorative coins, if possible, you should wear thin gloves and hold the edges of gold and silver commemorative coins with your thumb and forefinger to prevent sweat stains from polluting the coin surface. Avoid contact with acidic substances again. Gold and silver commemorative coins should be stored in a ventilated and dry place for collection.
Some collectors always want to make the gold and silver commemorative coins they bought with poor appearance beautiful. When they find dirt on the surface of coins, they often use the method of cleaning gold and silver jewelry. In fact, for these gold and silver commemorative coins, generally no measures should be taken to keep them as they are. It is really not advisable to blindly pursue their "smoothness as new". Of course, if you want him to be beautiful, it is not impossible. Here is a brief introduction:
1, gold coin cleaning method, gold coins actually don't need to be cleaned. If it is dirty, wash it with warm soapy water, then rinse it with clear water and put it in two soft cloths to absorb water.
2. Cleaning method of silver coins. The cleaning method of silver coins first depends on the oxidation degree and fineness of silver coins. If the silver coin with high silver content is only slightly oxidized, it is best to make it into paste with ammonia solution, sodium carbonate solution and toothpaste for cleaning, or mix a small amount of water with edible white vinegar, soak the silver coin in its solution for a few minutes, or gently wipe the surface of the coin with a cotton ball, and rinse it with clear water after the oxide layer on the surface of the coin is dissolved.
Remember the following points during cleaning: 1, do not use concentrated sulfuric acid or nitric acid solution; 2, can't use a toothbrush, sandpaper, etc. ; 3. Wash off the residual detergent and dry the coins.
It should be noted that each cleaning will cause more or less damage to gold and silver commemorative coins. Generally speaking, don't clean them easily unless you have to.