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Friday, May 11, 2001, updated at 17:02(GMT+8)
Business  

China to Issue Commemorative Coins

The People's Bank of China announced Friday that a set of gold and silver commemorative coins featuring the grotto art of Dunhuang is to be issued on May 15.

The set of five commemorative coins includes three gold coins and two silver coins, all legal currency of the People's Republic of China.

All of the coins feature the same face design: a nine-story building in Dunhuang, and the Chinese characters for "China," the year 2001, and "Chinese grotto art-Dunhuang." On the reverse are different denominations, representations of Buddhist sculptures and murals of the Northern Wei and Tang dynasties inside the Dunhuang Caves.

All of the coins are round, including a one-tenth ounce gold coin with a denomination of 50 yuan and an issue of 50,000; a half-ounce gold coin with a denomination of 200 yuan and an issue of 8, 800; a five-ounce gold coin denominated at 2,000 yuan and an issue of 288; a two-ounce silver coin denominated at 20 yuan with an issue of 30,000; and a five-ounce silver coin denominated at 50 yuan with an issue of 8,000.

The coins will be made by Shenzhen Guobao Gold Coin Mint and sold by the China Gold Coin Incorporation.







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The People's Bank of China announced Friday that a set of gold and silver commemorative coins featuring the grotto art of Dunhuang is to be issued on May 15.

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