Nature of money
Commemorative coins are legal tender and can be divided into precious metal commemorative coins and ordinary commemorative coins.
Precious metal commemorative coin
Precious metal commemorative coins include gold coins, silver coins, platinum coins, palladium coins and other precious metals or their alloys. They have a wide range of themes, exquisite technology, strong appreciation and are mostly issued in sets of groups. There are also round coins, square coins, color coins and fan coins, whose denominations are 5 corners, 5 yuan, 10 yuan, 50 yuan, 100 yuan, 200 yuan, 300 yuan, 500 yuan, 800 yuan, 1500 yuan, 2000 yuan, 10000 yuan, 100000 yuan and so on. The issue price of this coin is generally dozens of times or one hundred times the denomination. Therefore, the denomination is only a symbolic currency symbol, does not indicate its real value, so it cannot be circulated, its denomination is not included in the market cash flow.
Commemorative coin
Ordinary metal commemorative coins are divided into general coins and refined coins. Ordinary commemorative coins are mainly designed and minted with the themes of major events, festivals, anniversaries and rare animals at home and abroad. It is a legal currency issued by the state that can be circulated but has commemorative significance. After it is issued, it can circulate with the same value as the renminbi in circulation, and its denomination is recorded in the market cash flow and becomes a part of the money supply. Its denominations are: 1 jiao, 1 yuan, 5 yuan, 10 yuan. Ordinary commemorative coins have the same functions as the current circulating RMB, and are circulated at the same value as the same denomination RMB.
However, circulating commemorative coins are not only money, but also money issued specifically to commemorate an important theme. Therefore, it must be commemorative. This kind of commemorative significance should be fully expressed through the implied meaning of the pattern and the expression of the words. Such as the Great man series of commemorative coins, with well-known great men's heads as the main pattern, the theme is prominent, simple and clear. The 35th anniversary of the founding of the People's Republic of China commemorative coins 1 set of 3, the front pattern are composed of the national emblem, square, fireworks, National Day festive atmosphere at a glance.
In the choice of subject matter, circulation commemorative coins highlight key points and form their own series. In terms of subject matter, it highlights major historical events, prominent figures and particularly important realities. These commemorative coins also form a series, such as the Great Man series, National Day series, sports series, the establishment of autonomous region series, the establishment of special administrative region series, rare animals series, etc., which reflects the political, economic, cultural, sports, science and technology and other aspects of China from one side.
As a special commodity of general equivalent, commemorative coins also have high collection, preservation and investment value.