What is the difference between popular science gold and silver commemorative coins and medals

by:Ipromo     2021-06-11

The simplest difference is that those with face value are called coins, and those without face value are called chapters.

Commemorative coins are legal tender issued by the central bank. They have the words People's Republic of China and the national emblem on the front, and the corresponding patterns and denominations on the back, such as 1 yuan, 5 yuan, 100 yuan... ...10,000 yuan and so on.

Commemorative medals are commercial commemorative products issued by private collectives.

Commemorative coins are more collectible than commemorative medals.

1 The most important and obvious difference between gold and silver commemorative coins and commemorative medals is that the gold and silver commemorative coins are cast with denominations and year numbers. The gold and silver medals have no denomination. On the one hand, it means that it is not the legal tender of the country. On the other hand, it means that its authority is far lower than that of commemorative coins. Commemorative coins can only be issued by the People's Bank of China, which represents the authority of the country. Commemorative medals include badges, collection medals, decorative medals, etc., and the issuing agencies are not unified. In addition, the commemorative coins are marked with the year of issuance, and some of the commemorative medals have the year, and some do not, which is very random.

2 In terms of the number of minting and issuance, since the gold and silver commemorative coins are the country’s legal tender, plus their project establishment, approval, design, material selection, craftsmanship, casting, anti-counterfeiting, and packaging There are very strict approval procedures and regulations for each link such as sales, sales, etc., so under normal circumstances, its circulation is relatively small, so gold and silver commemorative coins have a good collection value. The number of gold and silver medals cast by the private sector mainly depends on their sales channels and marketable sales volume, which is a completely market-oriented behavior.

3 gold and silver commemorative coins, as the country’s legal tender, must be authorized by the People’s Bank of China and minted by the National Minting Company. Each gold and silver commemorative coin is accompanied by the Chinese people The certificate signed by the bank president has extremely high credibility. Even if the gold and silver commemorative medal is accompanied by a certificate, its authority cannot be compared with the gold and silver commemorative coin certificate.

4 In the casting process, since the gold and silver commemorative coins are the national legal tender, they have very high requirements on the casting process and quality. The technology, equipment, materials, Human resources are huge, and its added value is much higher than that of gold and silver medals.

Therefore, the investment collection value of gold and silver commemorative coins is higher than that of gold and silver commemorative medals with the same subject matter and the same circulation. Of course, gold and silver medals are not completely without investment value. If the issuing and casting units of some gold and silver medals are more authoritative, the circulation is relatively small, and the subject matter is also good, they also have a certain collection and investment value. For example, all kinds of gold and silver medals designed and minted by China Gold Coin Corporation and other central bank-affiliated enterprises and minting companies are manufactured using superb minting technology, and the design level, fineness and quality are first-class. Gold and silver medals also have a certain collection and investment value.

There are many so-called gold and silver commemorative coins on the market that are not minted by the National Minting Company. The concept of the chapter is ambiguous. Under the banner of commemorative coins, they are advertised on TV, newspapers and magazines and sold, and some even under the banner of the national mint are used to promote and sell under the name of the national mint. This behavior has actually violated the law and is a serious tort crime. In addition, there is also a completely counterfeit 'gold and silver commemorative coin (chapter) in the coin market. This is a fake and shoddy product that imitates the gold and silver commemorative coin (chapter) minted by the official national coin company. Copper or other low-grade ordinary metals are gold-plated or silver-plated, which is a counterfeit product with no value.


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