As part of the 70th anniversary celebration of China's victory against the Japanese aggression, the People's Bank of China has released special commemorative coins starting Aug. 20.
"The commemorative coins issued by the People's Bank of China have long been very popular among the public," Zuo Xiuhui, the central bank's deputy director of Currency Gold and Silver Bureau, remarked.
"With the arrival of the 70th anniversary, we issued the commemorative coins worldwide in order to better commemorate the victory and to call for people to remember the history, and cherish peace," Zuo added.
A set of it includes a golden coin (with 7.776 grams of gold), silver coins (one with 31.104 grams of silver, the other with 155.52 grams), and a nickel-plated steel coin. All are regarded as legal currencies.
On the front side of the coin, engraved in the middle is the national emblem representing, "the victory is commemorated in the name of the nation."
Meanwhile, the backside features different themes to depict the hard-won war and remember the people's contribution.
Zuo further revealed that "the nickel-coated steel commemorative coin is designed for the public" and the central bank will issue 500 million of it.
The gold and silver coins, dedicated mainly for local and foreign collectors, will be issued at a limited quantity of 50,000 for the 0.25-ounce gold coin, 100,000 for the 1-ounce silver coin, and 5,000 for the 5-ounce silver coin.
While the public can flock to banks and other financial institutions for the nickel-coated coins, the gold and silver ones will be solely distributed by the China Gold Coin Incorporation.