According to the records of the People's Bank of China, the first set of ordinary commemorative coins was officially launched on the occasion of the 35th anniversary of the founding of New China. These commemorative coins are issued to commemorate important events in international and domestic politics, history, culture, sports and other fields, as well as outstanding historical figures and rare animals and plants. These commemorative coins usually have actual denominations and can enter the circulation field. Most of the commemorative coins in early circulation used copper-nickel alloy, only the copper-zinc alloy used in the Sixth National Games.

After the 1 1 Asian Games, it was changed to nickel plating on steel core. These commemorative coins are rich in themes, unique in design, diverse in specifications and materials, novel and beautiful in patterns, and have condensed the brilliant achievements and major historical events of the people of China and China for more than 50 years in a one-square-inch commemorative coin.

Introduction of commemorative coin types

1, precious metal commemorative coin

Precious metal commemorative coins include commemorative coins made of precious metals such as gold coins, silver coins, platinum coins, palladium coins or their alloys. They have a wide range of themes, exquisite craftsmanship and strong appreciation, and are mostly issued by groups. Coins also include round coins, square coins, colored coins and sector coins, and the issue price of such coins is generally dozens or hundreds of times the face value. Therefore, the denomination is only a symbolic currency symbol, which does not indicate its true value, so it cannot be circulated, and its denomination is not included in the market cash circulation.

2. Ordinary commemorative coins

Ordinary metal commemorative coins are divided into ordinary coins and refined coins. Ordinary commemorative coins are mainly designed and cast with the theme of major events, festivals, anniversaries and rare animals at home and abroad. It is a legal tender issued by the state that can be circulated but has commemorative significance. After issuance, it can be circulated with the same value as the circulating RMB, and its denomination is included in the cash circulation of the market and becomes a part of the money supply.