By Rongli Culture Research Institute
For a long time, the actual mintage of modern gold and silver coins has been reached based on a combination of market availability and data like early factory records and annuals of official mints. After the Rongli Culture Research Institute (“Rongli Institute”) was organized, China Gold Coin Incorporation provided it with strong support and valuable information, including some data on actual mintage. After further communications with China Gold Coin Incorporation, it was learned that the following considerations delayed the release of actual mintage information: first, the People’s Bank of China has strict regulations on information regarding Renminbi. The People’s Bank of China publishes bulletins on mintages when gold and silver coins are released. As a result, China Gold Coin Incorporation is required to seek approval from the People’s Bank of China before such data can be disclosed; secondly, China Gold Coin Incorporation discovered significant divergence between much of its data and those published by the mints. The Rongli Institute is publishing a small amount of actual mintage data which have been verified as accurate, to answer some long time questions from collectors. There is still a lot of data to be verified by China Gold Coin Incorporation with the mints. Hopefully, after some time, China Gold Coin Incorporation will release to all of us actual mintage numbers which are authoritative, accurate and systematic.
Notes:① The order was probably not fully filled.
② Including two varieties: the 2000 Yuan Unicorn Head and the 150 Yuan error coin made with the silver coin die.