China: 70th anniversary of the founding of the People’s Republic celebrated with new gold and silver collector’s coins

The Bank of the People’s Republic of China has released (10th September) new collector’s coins which are in celebration of the 70th anniversary of the founding of the People’s Republic of China. With the ousting of the Chinese Republic’s government on the 1st October 1949, which took refuge on the island of Formosa (present-day Taiwan), the People’s Republic of China was proclaimed by its founder Mao Tse Tong (1893–1976). On that day, Mao declared China to be a one-party state governed by the Communist Party of China. The first constitution of the People’s Republic of China was proclaimed in 1954 during the first National People’s Congress, a forum which meets once every five years to oversee the country’s national agenda. After two intervening versions enacted in 1975 and 1978, the current constitution was declared in 1982, which was enacted during the Sixth National People’s Congress.

2,000-yuan gold: The obverse, symbolising the unity of its people and the nation, is the combination of an array of indigenous flowers and plants that are centred in the design celebrating the National Day celebrations. The Chinese characters 中华人民共和国成立70周年 (“The 70th anniversary of the founding of the People’s Republic of China”) and the denomination in numerals complete the design.

100-yuan gold: On the obverse is the official logo marking the country’s 70th anniversary of its founding. Included is the commemorative text in Chinese characters 中华人民共和国成立70周年 (“The 70th anniversary of the founding of the People’s Republic of China”) and the denomination in numerals.

300-yuan silver: The obverse, symbolising the unity of its people and the nation, is the combination of an array of indigenous flowers and plants which are centred in the design commemorating the National Day celebrations. The Chinese characters 中华人民共和国成立70周年 (“The 70th anniversary of the founding of the People’s Republic of China”) and the denomination in numerals complete the design.

50-yuan silver: The obverse, in celebration of the nation’s birthday, is a stylised design incorporating the numeral 70, along with a flock of doves in flight, complete with a selection of indigenous flowers and plants. The Chinese characters 中华人民共和国成立70周年 (“The 70th anniversary of the founding of the People’s Republic of China”) are placed above the primary design and the denomination of 50 元 (“50 Yuan”) is shown below.

10-yuan silver: The first design of the obverse, symbolising the unity of its people and the nation, is the combination of an array of indigenous flowers and plants that are centred in the design commemorating the National Day celebrations. The Chinese characters 中华人民共和国成立70周年 (“The 70th anniversary of the founding of the People’s Republic of China”) and the denomination in numerals complete the design.

10-yuan silver: The second design of the obverse is a stylised design incorporating the numeral 70 along with a flock of doves in flight, complete with a selection of indigenous flowers and plants. The Chinese characters 中华人民共和国成立70周年 (“The 70th anniversary of the founding of the People’s Republic of China”) are placed above the primary design, and the denomination of 50 元 (“50 Yuan”) is shown below.

Reverse side: All coins in the set share the same design, that of the national emblem adopted in 1950, consisting of a depiction of Tiananmen Tower and the Gate of Heavenly Peace in Beijing, the entrance to the Forbidden City. The depiction is surrounded by a wreath composed of sheaves of wheat and the inner border of sheaves of rice, with a cog-wheel at the centre of the bottom portion of the border, and includes five stars found on the national flag above the temple. The year of issue, 2019, is placed below the emblem.

Denom.	Metal	Weight	Diameter	Quality	Maximum Mintage
10 yuan (1)	.999 Silver	30 g	40 mm	Proof	100,000
10 yuan (2)	.999 Silver	30 g	40 mm	Proof	100,000
50 yuan	.999 Silver	150 g	70 mm	Proof	7,000
300 yuan	.999 Silver	1,000 g	100 mm	Proof	5,000
100 yuan	.999 Gold	8 g	22 mm	Proof	60,000
2,000 yuan	.999 Gold	150 g	60 mm	Proof	2,000

For additional information, including official distributors, please visit the website of the China Gold Coins Incorporation (CGCI).

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