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April 13, 2010

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Special gold, silver coins minted

THE People's Bank of China, the country's central bank, will issue a new set of gold and silver commemorative coins this month to celebrate the upcoming Shanghai World Expo.

In an announcement on its Website, the bank said the new series, consisting of two gold and two silver coins, are China's legal tender. The issuance will start April 22.

The set includes two gold coins 23 and 60 millimeters in diameter, and two silver ones, each with a diameter of 40 millimeters.

The smaller gold coin, with a face value of 150 yuan (US$22), contains one third of an ounce of gold. The bigger and more expensive 2,000 yuan gold coin contains 5 ounces of gold. Each silver coin contains an ounce of silver.


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