Commemorative coin is a legal currency issued by a country to commemorate major events, prominent figures, historical sites, rare animals and plants, sports events, etc. in international or domestic politics, history, and culture. It includes ordinary commemorative coins and precious metal commemorative coins. . The quality is general or refined, with limited release.
Ordinary commemorative coins can be circulated, but precious metal commemorative coins cannot be circulated. Chinese commemorative coins have specific themes, are designed and manufactured by China Banknote Printing and Minting Corporation, and are legal tender issued by the People's Bank of China. Commemorative coins are usually issued to commemorate my country's major political and historical events, traditional culture and other things of special significance. Ordinary commemorative coins have the same functions as the current circulating renminbi, and circulate at the same value as the same denomination renminbi.
Nature of currency
Commemorative coins are legal tender, which can be divided into precious metal commemorative coins and ordinary commemorative coins.
Precious metal commemorative coins
Precious metal commemorative coins include gold coins, silver coins, platinum coins, palladium coins and other precious metals or their alloys cast commemorative coins. They have a wide range of subjects, sophisticated craftsmanship, and strong appreciation. They are mostly issued in sets. There are also round coins, square coins, color coins and fan-shaped coins. The denominations are 5 yuan, 5 yuan, 10 yuan, 50 yuan, 100 yuan, 200 yuan, 300 yuan, 500 yuan, 800 yuan, 1500 yuan, 2000 yuan, 10,000 yuan, 100,000 yuan, etc., the issue price of this currency is generally tens or hundreds of times the denomination. Therefore, the denomination is only a symbolic currency symbol and does not indicate its true value, so it cannot be circulated, and its denomination is not included in the market cash circulation.
Ordinary commemorative coins
Common commemorative coins include common metal commemorative coins and commemorative banknotes.
Ordinary metal commemorative coins are divided into general coins and refined coins. Ordinary commemorative coins are mainly designed and minted with themes of major Chinese and foreign events, festivals, memorial days and rare animals. It is a legal currency issued by the state that can be circulated but has commemorative significance. After issuance, it can be circulated at the same value as the circulating renminbi, and its denomination is recorded in the market cash circulation and becomes a part of the money supply. Its denominations are: 1 jiao, 1 yuan, 5 yuan, and 10 yuan. Ordinary commemorative coins have the same functions as the current circulating renminbi, and circulate at the same value as the same denomination renminbi.
However, commemorative coins in circulation are not only simple currencies, but also currencies specially issued for a certain important theme. Therefore, it must be commemorative. This commemorative significance must be fully expressed through the meaning of the pattern and the expression of the text. For example, the great man series commemorative coins use well-known great man heads as the main pattern, with prominent themes, and simple and clear. 1 set of 3 commemorative coins for the 35th anniversary of the founding of the People’s Republic of China. The front patterns are all composed of the national emblem, square and fireworks. The festive atmosphere of the National Day is clear at a glance.
In the choice of themes, the circulation commemorative coins highlight the key points and form a series of their own. As far as themes are concerned, it highlights major historical events, outstanding figures and particularly important realities. These commemorative coins also constitute a series, such as the Great Man series, the National Day series, the sports series, the autonomous region establishment series, the special administrative region establishment series, and the rare animal series, which reflect our country’s politics, economy, culture, sports, science and technology from one aspect. Case.
Commemorative coins, while serving as general equivalents of special commodities, also have high collection, value preservation and investment value.