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A numismatist is a specialist, researcher, and/or well-informed collector of numismatics/coins ("of coins"; from Late Latin numismatis, genitive of numisma).Numismatists can include collectors, specialist dealers, and scholar-researchers who use coins (and possibly, other currency) in object-based research. [1]
'People's Currency' Chinese pronunciation: [ʐə˧˥nmi˧˥npi˥˩]; symbol: ¥; ISO code: CNY; abbreviation: RMB), also known as the Chinese yuan, is the official currency of the People's Republic of China. [a] The renminbi is issued by the People's Bank of China, the monetary authority of China. [3]
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals, and related objects.. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods.
China abruptly abandoned the silver standard in 1935. Large amounts of paper currency circulated in its place, halting the regional production of the Yuan Shikai dollar. Following large-scale inflation during the Second Sino-Japanese War and the reëmergence of the Chinese Civil War, the yuan entered hyperinflation in 1948–1949. This forced ...
The People's Republic of China began issuing aluminum coins in December 1957, in denominations of 1, 2 and 5 fen. From 1961, China outsourced the printing of 3, 5 and 10 yuan notes to the Soviet Union. The fifth and latest editions of the currency of the People's Republic of China have been produced since 1 October 1999.
The Shanghai Mint is the oldest and most important mint in China, having been founded in 1920 during the Beiyang era of the Republic of China. Shanghai, Shenyang, and Shenzhen primarily mint fiat coins for circulation. Nanjing primarily prints fiat banknotes, and also does coining of small quantities of non-fiat coins for coin collectors.
The China Numismatic Museum is under the management of the People's Bank of China. It was founded in 1992, ten years after the founding of the China Numismatic Society . [ 2 ] It is located just off Tian'anmen Square , in Beijing at no. 17 Xijiaomin Xiang, Xicheng District, Beijing.
The first series of Renminbi banknotes was introduced during the Chinese Civil War by the newly founded People's Bank of China on December 1, 1948, ten months before the founding of the People's Republic of China itself. It was issued to unify and replace the various currencies of the communist-held territories as well as the currency of the ...