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Announcement of the People's Bank of China No.28 [2018]

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Announcement of the People's Bank of China No.28 [2018]

The People's Bank of China is to issue a set of commemorative coins for celebrating the upcoming New Year 2019 from December 12, 2018. The set consists of 2 coins, including a silver coin and a golden and silver brass alloy coin, all of which are the legal tender of the People's Republic of China.

I. Silver Commemorative Coin
i. Design of the coin
i) Obverse design
The coin bears the National Emblem of the People's Republic of China (PRC), the title of PRC and the year date.
ii) Reverse design
The coin features the Chinese character “Fu”, decorated with a combination of a cave dwelling, window lattice, maize, chilies, and the face value.
ii. Specifications and mintage of the coin
The silver coin is bullion in quality, round, 3 Yuan in face value, 25mm in diameter, 99.9% in fineness and contains 8 grams of pure silver. The total mintage is 2.7 million pieces.
iii. The silver commemorative coin is minted by Shenzhen Guobao Mint Co., Ltd., and solely distributed by China Gold Coin Incorporation. For more information about the distribution channels please visit the website www.chngc.net.

II. Golden and Silver Brass Alloy Coin
i. Design of the coin
i) Obverse design
The obverse is patterned with Chinese characters of “the People's Bank of China”, “10 Yuan” and its spelling in Pinyin “SHIYUAN”, and the year date “2019”, shading with flowers.
ii) Reverse design
The main design on the reverse is a traditional paper-cutting artistic pig combined with the elements of Chinese New Year painting, with a palace lantern and pomegranate flowers above. On the left side are the Chinese characters “Jihai”, which is the Chinese traditional year name of 2019, the year of pig.
ii. Face value, specifications, metal and mintage of the coin
The golden and silver brass alloy coin is 10 Yuan in face value, 27mm in diameter, brass alloy in composition, and the total mintage is 250 million pieces.
iii. Distribution
The coin is to be distributed by booking.
iv. Public security features (See Attachment)
v. The coin bears the same function with the current circulating RMB. It is equivalent to the RMB of the same denomination in circulation.

The People's Bank of China
December 5, 2018

Design of the Commemorative Coins in celebration of 2019 New year

Attachment
The Public Security Features of the Golden and Silver Brass Alloy Commemorative Coin in celebration of 2019 New year
1. Dual metal structure and the inner core made of composite materials
The outer ring of the product is made of yellowish copper alloy, and the inner core is made of composite materials of copper nickel alloy with the unique characteristic of machine-readable performance.
2. Oblique whole and half teeth
The oblique whole and half teeth are alternately arranged on the edge of the coin.
3. Invisible graphs
On the obverse, the invisible words of “10” and “RMB” can be seen on the parallel lines which pattern the main feature “10” when tilting the coin.
4. Microprinting
On the obverse, the micro letters “RMB 10 YUAN” can be seen at the bottom of the face value of “10”.

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