Current location - Quotes Website - Personality signature - Can Winter Olympics commemorative coins be used as money?
Can Winter Olympics commemorative coins be used as money?

Yes. According to regulations, ordinary commemorative coins are legal tender issued by the central bank, have the same face value as the RMB, and can be circulated. Therefore, the Winter Olympics commemorative banknotes are ordinary commemorative coins that can be spent as money. Similarly, the Winter Olympics commemorative coins are also ordinary commemorative coins, which can also be circulated with the same denomination of RMB and can be exchanged with other circulating RMB in equal amounts.

Of course, commemorative coins are mainly used for collection. Although they can be circulated, many merchants will not accept commemorative coins in our daily use. We can go to a bank branch to exchange them for ordinary RMB before using them. .

Commemorative coins are legal tender issued by a country to commemorate major international or domestic political, historical, cultural and other major events, outstanding figures, scenic spots and historic sites, rare animals and plants, sports events, etc. It includes Ordinary commemorative coins and precious metal commemorative coins. The quality is common or refined, and it is issued in limited quantities.

Ordinary commemorative coins can be circulated, but precious metal commemorative coins cannot be circulated. Chinese commemorative coins have a specific theme, are designed and manufactured by China Banknote Printing and Minting Corporation, and are legal tender issued by the People's Bank of China. Commemorative coins are usually issued to commemorate major political and historical events, traditional culture and other things of special significance in our country. Ordinary commemorative coins have the same functions as the currently circulating RMB and circulate at the same value as RMB of the same denomination.

Since the first set of precious metal commemorative coins issued in 1979 for the "30th Anniversary of the Founding of the People's Republic of China", China's modern gold and silver commemorative coins have gone through nearly forty years. With a glorious development history, more than 15 series and more than 2,000 varieties of gold and silver commemorative coins have been sold, with themes including major political and historical events, outstanding historical figures, giant pandas and rare animals, the twelve zodiac animals, classic Chinese literature, and ancient science and technology. Inventions and discoveries, Chinese traditional culture, famous Chinese paintings, religious art, sports, military science and technology, etc., the content reflects our country's five thousand years of civilization and long-standing Chinese culture.

Precious metal commemorative coins include gold coins, silver coins, platinum coins, palladium coins and other precious metals or commemorative coins made of their alloys. The materials are gold, silver and other precious metals. They have a wide range of themes, exquisite craftsmanship, and strong ornamental value. Most of them are issued in sets and groups. Coin shapes also include round coins, square coins, colored coins and fan-shaped coins, with face values ??of five yuan, ten yuan, thirty yuan, five ten yuan, one hundred yuan, five hundred yuan, one thousand yuan, etc. The issue price is generally equal to dozens or hundreds of times the face value. Therefore, the face value is only a symbolic currency symbol and does not indicate its true value. It cannot be circulated and its face value is not included in the market cash flow.