Coins to be Issued to Mark World Expo Bid Success

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Last updated at: (Beijing Time) Saturday, December 28, 2002

Coins to be Issued to Mark World Expo Bid Success

The People's Bank of China (PBC), the central bank, announced in Beijing Friday that a set of gold and silver coins will be issued on December 28 to mark China's success in its bid for the 2010 Shanghai World Expo.

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The People's Bank of China (PBC), the central bank, announced here Friday that a set of gold and silver coins will be issued on December 28 to mark China's success in its bid for the 2010 Shanghai World Expo.

The coins, which include a gold coin and a silver coin, are legal Chinese currency, said the PBC.

The front designs of the gold and silver coins are the same, featuring the logo of China's bid for the 2010 Shanghai World Expowith Yulan flowers dotted around it. The designs also include the full name of China and the time of issue.

The gold coin has the design of a golden key and a flying pigeon on its back, while the back side of the silver coin features the image of Shanghai's Oriental Pearl TV tower and fireworks. Both the gold and silver coins have the coins' denomination on their back sides.

The gold coin is round-shaped and contains half an ounce of pure gold, with a face value of 200 yuan (about 24.2 US dollars). A total of 5,000 gold coins will be issued.

The silver coin is also round-shaped and contains one ounce of pure silver, with a face value of 10 yuan (about 1.2 US dollars). A total of 50,000 silver coins will be issued.

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