The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers: Q: Is collecting any type of coin a good investment? A: No! The hobby collector—be it of coins, back-scratchers, or Bavarian beer mugs—is occasionally persuaded to purchase by impulse or sentiment. Indulging frequent lapses into irrationality is part of the fun of maintaining a hobby. But the strictly … [Read More...]
The People’s Republic of China is celebrating its 60th anniversary with a series of gold and silver commemorative coins. The series includes 3 gold coins and 2 silver coins with limited mintages. The coins all carry legal tender values in the People’s Republic of China.
The 1 oz. .999 fine silver coin and 5 oz. .999 fine gold coin carry a common design. The reverse depicts the combined concept of city skyline, express train, flyover, and bridge through an open gate with flowers blossoming in the foreground. Chinese inscriptions read, “the 60th Anniversary of the Founding of the People’s Republic of China”, the years “1949-2009”, and the face value of each coin. The 1 oz silver coin has an authorized mintage of 100,000 and the 5 oz. gold coin has an authorized mintage of 600.
The 1 kilo silver coin, 1/4 oz. gold coin, and 1 kilo gold coin carry a second common reverse design. The combined concept includes a rocket, satellite and outer space, express train, Olympic stadium, tower cranes, gear wheel, wheat heads, DNA chain, and electronic information. Chinese inscriptions read, “the 60th Anniversary of the Founding of the People’s Republic of China”, the years “1949-2009”, and the face value of each coin. Authorized mintages are 6,000 for the 1 kilo silver coin, 60,000 for the 1/4 oz. gold coin, and 100 for the 1 kilo gold coin.
The shared obverse of all five coins features the national emblem, PRC in Chinese, and the date “2009”. A design of flower petals is pictured in the background.
The Chinese 60th Anniversary Commemorative coins are offered by the official distributor Panda America. Prices start at $99 for the 1 oz. silver coin, $799 for the set of 1 oz. silver coin and ¼ oz. gold coin, and $1,899 for the 1 kilo silver coin. The 1 kilo and 5 oz. gold coins are sold out. Every coin comes in the original government packaging with a Certificate of Authenticity.
Visit Panda America online at www.pandaamerica.com.