On October 1, 2009, the People’s Republic of China is celebrating its 60th anniversary of independence – appropriately with fireworks (which the Chinese invented). China’s status as one of the world’s great financial powers is reflected in the designs of their 60th anniversary coins.
The 1 oz. .999 fine pure silver coin (100,000 authorized) and 5 oz. .999 fine pure gold coin (600) each features a modern bridge and skyscrapers. Read the rest of this entry »
The largest public array ever assembled in the United States of huge, modern, certified Chinese gold coins, ranging in size from five ounces to one kilo (32.15 ounces) each, will be displayed at the American Numismatic Association’s World’s Fair of Money® convention in Los Angeles, August 5 – 9, 2009.
The presentation comes with an education lesson from the exhibitor, Nicholas Brown of Majestic Rarities in Chicago: "Protect your coins. Protect yourself!"
"There will be over 300 ounces of large, low-mintage gold.It will be the most amazing display of modern Chinese coins ever seen in the United States," said Brown.
Many of the rare coins in the planned display at the ANA convention (at combined booths 331 and 430) have a low mintage of only 200 each or less. Read the rest of this entry »
Some 70 million visitors are expected to visit Shanghai in 2010 for the World Expo where China hopes to "bring the world at home, and for the world to feel at home." To celebrate the occasion, the People’s Bank of China (PBOC) is issuing silver and gold proof World Expo Shanghai 2010 commemorative coins.
Three coins have been struck in the first series release: a 1/3 oz, 23 mm, .999 fine gold piece denominated in 150-yuan, and two 1 oz, 40 mm, .999 silver coins with a face value of 10-yuan.
Each bears the same obverse World Expo logo, which depicts the image of three people — you, me, him/her — holding hands to symbolize the big family of mankind. (The logo was is inspired by the shape of the Chinese character "世", meaning the world.) Behind the logo is a centered earth with surrounding inscriptions of the "People’s Republic of China" in Chinese and the year "2009". Read the rest of this entry »
The People’s Bank of China (PBOC) announced Monday that it would launch gold and silver Panda themed coins on June 30 to celebrate the 30th anniversary of the issuance of its first precious metal commemoratives.
Each new coin’s reverse bears the same Panda design as depicted on the 2009 Gold Panda and 2009 Silver Panda bullion coins. The new commemoratives, however, feature a ring surrounding the pandas with the inscription "30TH ANNIVERSARY OF THE ISSUANCE OF THE CHINESE MODERN PRECIOUS METAL COMMEMORATIVE COINS." Read the rest of this entry »
Published on the Federal Register and brought to light through the Ancient Coin Collectors Guild (ACCG), new U.S. import restrictions have been imposed on many ancient Chinese coins and other artifacts.
The Federal Register, which is the official source for notices by government agencies, published the State Department’s final rule that amends U.S. Customs and Border Protection (CBP) regulations to impose import restrictions on the following Chinese coins:
Zhou Media of Exchange and Tool-shaped Coins: Early media of exchange include bronze spades, bronze knives, and cowrie shells. During the 6th century BC, flat, simplified, and standardized cast bronze versions of spades appear and these constitute China’s first coins. Other coin shapes appear in bronze including knives and cowrie shells. These early coins may bear inscriptions.
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For its first-ever participation at the annual Beijing International Stamp & Coin Exposition, Professional Coin Grading Service (PCGS) produced special insert labels written in Chinese for encapsulated coins distributed as souvenirs. As part of the company’s expanding international programs, Mandarin dialect marketing materials describing coin authentication and grading were produced for the first time by PCGS and distributed at the big show held October 24 – 27, 2008.
"There was high interest in the PCGS services from Chinese collectors and retailers attending the show and visiting our booth," said Muriel Eymery, Director of International Development for PCGS, a division of Collectors Universe, Inc. (NASDAQ: CLCT).
"Grading is embedded in the hobby culture in China, and collectors there value the PCGS services to help them build their collections. I was repeatedly told by collectors and dealers that PCGS-graded coins achieve higher premiums than other companies’ graded coins in the Chinese secondary market because of our conservative approach to grading and authenticating."
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China will commemorate their historic first spacewalk with legal tender silver and gold coins, The People’s Bank of China (PBOC) announced on Monday. The Central Bank said 60,000 one-ounce silver and 30,000 one-third ounce gold coins would be minted by the Shenyang Mint and issued on October 8, 2008.
The obverse (heads side) of each coin bears a decorative solar system map design while the colorized reverse portrays a taikonaut conducting a spacewalk below the Chinese words ‘To commemorate the success of China’s first spacewalk’.
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The People’s Bank of China (PBOC) has an aggressive lineup of coins this year with a schedule of releasing 44 commemorative coins.
The central bank plans call for:
- 23 gold coins
- 21 silver coins
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