China will issue a set of coins, starting from September 10, to commemorate1 the 70th anniversary of the founding of the People's Republic of China (PRC), the central bank said.
9月10号起,中国人民银行将发行一组纪念币,庆祝建国70周年。
The set includes two gold, four silver and one
copper2 alloy3 coins, all legal tender, the People's Bank of China said on its website.
One of the gold coins, with a diameter of 60 mm, contains 150 grams of gold and has a
denomination4 of 2,000 yuan (about 281.29 U.S. dollars). The other gold coins, 22 mm in diameter, contains 8 grams of gold and has a denomination of 100 yuan, according to the central bank.
All coins feature the national
emblem5 on the obverse and are
inscribed6 with Chinese characters reading "the 70th anniversary of the founding of the PRC" on the reverse side.
A total of 2,000 large-size gold coins and 60,000 smaller gold coins will be available for purchase, it said.
The silver coins have
denominations7 of 300 yuan, 50 yuan and 10 yuan, with issuing amounts of 5,000, 7,000 and 200,000 respectively.
A grand
gathering8 to celebrate the 70th anniversary of the founding of the PRC will be held in Beijing on October 1.