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A friend of the pigs pays attention: the 100,000-dollar 10 kilograms of pure gold commemorative coins are coming!

November 08, 2018 13:39
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Summary
[Friends who belong to the pigs pay attention: the 100,000-dollar 10 kilograms of pure gold commemorative coins are coming! The People's Bank of China is scheduled to issue a set of 2019 Chinese jihai (pig) gold and silver commemorative coins on November 16, 2018. The set of commemorative coins totals 17 pieces, including 10 gold commemorative coins and 7 silver commemorative coins, all of which are the legal currency of the People's Republic of China. It is worth mentioning that the commemorative coin issued by the central bank has a weight of 10 kilograms and a denomination of 100,000 yuan. (Daily Economic News)

According to the announcement of the People's Bank of China website yesterday (November 6), the People's Bank of China is scheduled to issue a set of 2019 Chinese jihai (pig) gold and silver commemorative coins on November 16, 2018. The set of commemorative coins totals 17 pieces, including 10 gold commemorative coins and 7 silver commemorative coins, all of which are the legal currency of the People's Republic of China.

Image source: Intercepted from the official website of the People's Bank of China

It is understood that the central bank has issued the zodiac series precious metal commemorative coins since 1981, and the zodiac series precious metal commemorative coins have become one of the important currencies in the precious metal commemorative coins of China. The Zodiac series of gold and silver commemorative coins have been publicly issued by the central bank as a key project of the year.

Every small note notes that the largest of the commemorative coins, the denomination is 100,000 yuan, the diameter is 180 mm, and the pure gold is 10 kilograms... You know, according to the current gold price (as of press, Shanghai Gold The exchange price of "Gold T+D" is 275.24 yuan / gram), and the market price of 10 kg gold is more than 2.75 million yuan.

Image source: Intercepted from the official website of the People's Bank of China

It can be said that such a commemorative coin is not only "expensive" but also "heavy", but do you know how much it is worth?

A total of 17 gold and silver commemorative coins with a minimum face value of 10 yuan, the largest 100,000 yuan

According to the announcement of the central bank, the set of commemorative coins totaled 17 pieces, including 10 gold commemorative coins and 7 silver commemorative coins. Xiao Bian compiled the specifications and circulation of 17 commemorative coins into the following table.

Image source: According to the announcement of the People's Bank of China

It can be seen that the commemorative coins are round, fan-shaped, plum-shaped, and rectangular in shape, and the materials are divided into pure gold and sterling silver.

Image source: Intercepted from the official website of the People's Bank of China

In terms of patterns, the frontal patterns of the entire set of commemorative coins are the national emblem of the People's Republic of China, lining up with more than a year of auspicious patterns, and the country name and year number.

The back pattern is divided into two cases. among them:

3 grams of round gold commemorative coins, 10 grams of fan-shaped gold commemorative coins, 15 grams of plum-shaped gold commemorative coins, 150 grams of rectangular gold commemorative coins, 500 grams of round gold commemorative coins, 1 kilogram of plum-shaped gold commemorative Coin, 2kg round gold commemorative coin, 10kg round gold commemorative coin, 30g round silver commemorative coin, 30g plum-shaped silver commemorative coin, 30g fan-shaped silver commemorative coin, 150g rectangular silver The back plaques of 13 gold and silver commemorative coins, such as commemorative coins and 1 kg round silver commemorative coins, are all realistic pig styles, lined with decorative pig heads, and the amount of “Jihai” is published.

Image source: Intercepted from the official website of the People's Bank of China

3 grams of round gold color commemorative coins, 150 grams of round gold color commemorative coins, 30 grams of round silver color commemorative coins, 150 grams of round silver color commemorative coins, etc. Chinese folk traditional decorative pig shape, lined with auspicious patterns (partial color), and published the face value and "Jinhai" words.

Image source: Intercepted from the official website of the People's Bank of China

According to the announcement of the central bank, the set of gold and silver commemorative coins were respectively minted by Shenzhen Guobao Mint Co., Ltd., Shenyang Mint Co., Ltd. and Shanghai Mint Co., Ltd., and the total distribution of China Gold Coin Corporation. The sales channel will be announced on the China Gold Coin Network on November 16.

How much can a "100" denomination coin be "valued"?

The theme of the Zodiac series of commemorative coins has a new character every year, and has long been favored by many coin lovers. As the legal currency issued by the People's Bank of China, the role of commemorative coins is mainly to satisfy the public's collection needs, not for circulation.

Every time the Xiaobian review data found that the commemorative coins are divided into ordinary commemorative coins and precious metal commemorative coins, the difference between the two lies in three aspects:

First, the materials are different. Ordinary commemorative coins include ordinary metal commemorative coins and commemorative banknotes. The materials are metal for casting ordinary coins and paper for printing banknotes; precious metal commemorative coins include gold coins, silver coins, commemorative coins for casting precious metals such as platinum and palladium or alloys thereof. It is a precious metal such as gold or silver.

Second, the meaning of denominations is different. The denomination of a common commemorative coin indicates its legal value; the denomination of a precious metal commemorative coin is a symbolic currency symbol and does not indicate its true value.

Third, the liquidity is different. After the issuance of ordinary commemorative coins, it can be circulated in equal value with other circulating renminbi, and its denomination is recorded in the market cash flow, becomingcurrency supplyPart of the precious metal commemorative coin cannot be circulated, and its denomination is not recorded in the market cash flow.

According to the Banking Law of the People's Republic of China and the Regulations on the Administration of Renminbi of the People's Republic of China, the denomination is a symbolic symbol of the precious metal commemorative coin as the legal currency of the country. It is not equivalent to the value of the precious metal itself.

In other words, the denomination is not denominated with the equivalent of gold or silver, and the face value and the actual price are decoupled.

Take the “10 kg round gold commemorative coin” mentioned above as an example. We have already calculated that the value of 10 kg of gold currently exceeds 2.75 million yuan. If coupled with the cost of design and production and the “collection value” behind it, this commemorative coin naturally has a lot of premium space (the premium is often referred to as “literal water”). How much should it cost?

Xiaobian's inspection of China's gold coin network found that in the same year, the "10 kg round gold commemorative coin" of the same paragraph, the initial offer price is basically more than 4 million yuan, of which 2013 (Viper Year) is the most expensive, reaching almost 5 million yuan.

Image source: Intercepted from China Gold Coin

Of course, this type of "high price" commemorative coins issued only 18 per year, the circulation scale is too small, most coin lovers are rare to see, and want to speculate is also priceless. So, what is the situation of gold and silver commemorative coins with a smaller denomination?

Xiaobian found that the denomination of 50 yuan, including 3 grams of pure gold 3 grams of "golden commemorative coins" (distribution of 180,000) for example, the initial two years of this commemorative coin initial offer price of 1500 Yuan is in the early days. The market price of 3 grams of gold is currently at 750 yuan.

Image source: Intercepted from China Gold Coin

The denomination of 10 yuan, containing 30 grams of sterling silver round silver commemorative coins (distribution of 300,000 pieces), the initial two-year initial offer price of 480 yuan, 490 yuan.

Image source: Intercepted from China Gold Coin

Therefore, the collection of the above two gold and silver coins, the cost of a "2018 dog year round color gold and silver commemorative coin set" is 1520 + 480 = 2000 yuan.

On a collectible e-commerce platform, the price of this set is currently 2180 yuan - that is, the appreciation is about 9%.

Related reports>>>

  The starting price is 4.75 million yuan! 10 kg of chicken year 1 gold coins will be auctioned with a face value of 100,000 yuan

  2019 Year of the Pig Commemorative Coin will be issued. Maximum 10 kg gold coin denomination 100,000 yuan

(Article source: Daily Economic News)

                (Editor: DF318)

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