akdrv Posted February 1, 2007 Report Share Posted February 1, 2007 BEIJING, Jan. 31 -- The People's Bank of China announced on Tuesday that it will issue a set of commemorative coins on February 1st. The central bank will issue 10 million commemorative coins, made of brass alloy, with a face value of One Yuan and a diameter of 25 millimeters. The commemorative coin will have the same function as current RMB coins, and an equal value in circulation. http://news.xinhuanet.com/english/2007-01/...ent_5676875.htm Link to comment Share on other sites More sharing options...
willieboyd2 Posted February 1, 2007 Report Share Posted February 1, 2007 The commemorative coin sports the design of the People's Bank of China, as well as its value, various additional Chinese characters, and the year 2007. On the back of the coin, the main decoration is a girl on a swing, playing with a little pig. It features the Chinese characters-"Ding Hai" in the Ganzhi system, meaning: Chinese Years in Sky - Earth pairs. Forget the presidential dollars; I gotta get me one of these! Link to comment Share on other sites More sharing options...
Scottishmoney Posted February 1, 2007 Report Share Posted February 1, 2007 These are New Years coins, and they are released in commemorative folders every year. I bought some of the 2006 editions when I was in Guangzhou last year, they make just about as many commemoratives as the Royal Canadian Mint, but if you buy them in China they do not have the stinging markup. Link to comment Share on other sites More sharing options...
gxseries Posted February 2, 2007 Report Share Posted February 2, 2007 10 million isn't a lot compared to 1 billion people out there in China. Link to comment Share on other sites More sharing options...
ccg Posted February 3, 2007 Report Share Posted February 3, 2007 Interesting. Makes me wonder if there are plans to just change over the 1 yuan to brass from c/n or steel as it currently is. Link to comment Share on other sites More sharing options...
Scottishmoney Posted February 3, 2007 Report Share Posted February 3, 2007 These coins are just commemoratives and are usually sold in a folder. If they are released into circulation, they must get snapped up pretty quickly because all I got in change were stainless steel yuan coins. Link to comment Share on other sites More sharing options...
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