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 »
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 issued a new 10 yuan banknote sporting a design (shown below) commemorating the Beijing Olympics. The China Central Bank indicates a total of 6 million of the notes will be issued.
According to Chinese news reports, thousands of bank branches have already begun exchanging them to an anxious public willing to wait in lines for the chance at one.
In many world news stories, focus has been on the note’s Olympic design that has replaced the image of Mao Zedong, founding leader of communist China. Since 1999, the 50th anniversary of the Communist party taking power, Zedong’s face has appeared on all Chinese banknotes.
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