China issues commemorative coins for aircraft carrier

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Coinsforever

China issues commemorative coins for aircraft carrier
English.news.cn   2012-12-28 15:07:25

BEIJING, Dec. 28 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, on Friday issued a set of gold and silver commemorative coins featuring China's first aircraft carrier.




The set, consisting of two gold and two silver coins, are legal tender in China, according to the PBOC.

The front side of each coin features China's national emblem, along with the country name and the year.

The 5-oz gold coin, with a face value of 2,000 yuan (318 U.S. dollars), features a representation of the carrier Liaoning on its reverse side, with a combined design featuring shipboard aircraft, the carrier's deck and the armlet of the Chinese Navy.

The second gold coin, which features similar imagery, has a face value of 100 yuan.

The 1-kg silver coin, with a face value of 300 yuan, shows the Liaoning on its reverse side, as well as a combined design featuring the navy's emblem, an olive branch and a dove.

The second silver coin weighs one ounce and has a face value of 10 yuan. Its reverse side features the carrier.

The designs on the reverse sides of all four coins include Chinese characters that translate to "The Chinese Navy's first aircraft carrier Liaoning," as well as the carrier's date of delivery and the face value of the coin.

The Liaoning was delivered and commissioned to the People's Liberation Army Navy on Sept. 25, 2012. A plane was successfully landed on the carrier in November.


Source :xinhua
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Chinasmith

Very interesting. This is the first I have heard about this set. For 15 years the Chinese government denied they had purchased this carrier, now they are showing it off to the world.
Researcher on coins, paper money and tokens of China.

Figleaf

The carrier is a fantastic and useless money drain, as well as the pride of the Chinese admirals. It is comparable in size to the (equally money-slurping) US Nimitz class. While very impressive on paper, the ship has litte or no practical purpose. The original mission of the ship was to support and defend strategic missile-carrying submarines, surface ships, and maritime missile-carrying aircraft. In other words, achieve and maintain air and sea superiority in an operations area.

Two examples: Taiwan and the Spratleys. In case of warfare over Taiwan, China, Taiwan and the US would all have air bases on land close by that could do the job with less risk and much, much more cheaply. In addition, the Chinese submarine fleet is big, but so noisy that it is doubtful that any could come close to Taiwan (or even leave port) unnoticed, while Liaoning would be vulnerable to silent hunter submarines. There is no hope for survival of any Chinese surface vessel approaching Taiwan, carrier or no carrier. Spratleys: air superiority could be far more cheaply achieved and maintained by a command ship one third the size of the Liaoning, equipped with helicopters and landing boats. Such a ship would also be more meaningful in other aggression and even in peacekeeping missions.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

paisepagal

Yes I do agree... There are much more targeted and efficient ways to project power and lethal aggression if it were needed... The US has been successful in its use of aircraft carriers because it is a strategy coupled with alliances and ports that host country's cannot evict them from for a variety of reasons... Be it Japan, Korea, phillipines, Qatar etc ... The Chinese have no where near that kind of influence although many defense analysts in India would like to convince you of china's 'string of pearls' strategy. Moreover, the aircraft carriers were indeed effective against country's such as Iraq & Afghanistan ... Enemies that could not fight back in any serious capacity... But aircraft carriers would be relative sitting ducks for more advance militaries in Asia... Even Iran could potentially sink aircraft carriers with relative ease if their missiles are anywhere near advance as they claim to be (somehow , I don't think they are bluffing)