2023 First Strike Ceremony of the 2023 Macau Numismatic Society 10th Anniversary Panda Commemorativ

2023 Macau Numismatic Society 10thAnniversary Panda Commemorative Medal
 
The Legend of Chu Liu Xiang
Series II
On the morning of September 8, 2023, Yu Min ( 余 敏 ), a 
superb craftsman engaged in coin engraving in China, struck the first commemorative medal, and the First Strike Ceremony of the 2023 Macau Numismatic Society 10th Anniversary Panda Commemorative Medal and the Series II of the Commemorative Coin Celebrating the Issue of the Legend of Chu Liu Xiang grandly kicked off. Encapsulated by NGC, a prestigious US numismatic appraising and grading company, the 10th Anniversary Panda Commemorative Medals are jointly issued by the Macau Numismatic Society, World Platinum Investment Council (WPIC), Champion Auction, Certified Collectibles Group and Shanghai New Century Minting Co., Ltd., it will be unveiled at Kam Pek Community Centre in Macau on November 23, 2023. Thanks to the collaborative efforts of Champion Auction, Certified Collectibles Group, and Shanghai New Century Minting Co., Ltd., the Series II of the Commemorative Coin Celebrating the Issue of theLegend of Chu Liu Xiang is scheduled to be released at the Holiday Inn Golden Mile Hotel in Hong Kong on October 8, 2023.

Following the debut of the platinum panda medal in 2015, the Macau Numismatic Society platinum medal will hold the spotlight again in 2023. Yu Min, the designer of the panda medals of the Macau Numismatic Society, was the senior designer ofthe Shanghai Mint. In 2017, he won the Lifetime Achievement Award for Design of the 34th Krause Coin of the Year Award, the highest honor for the achievements of numismatic designers in the global coin industry. For the first time, Chinese and even Asian designers brought home this magnificent trophy. Since China issued the first gold panda coin in 1982, Yu Min has contributed to the entire development process of precious-metal panda commemorative coins by playing the role of designer. Up to now, he has designed and engraved dozens of panda commemorative coins. Among them, the 1983 10-Yuan Silver Panda Commemorative Coin won the Best Silver Coin Award of Coin of the Year, while the 2009 Panda Commemorative Coin was appraised as “Best Commemorative Coin” by Deutsches Münzen Magazin.

According to Yu Min, the 2023 1-ounce (or 31.1-gram) Panda Commemorative Medal of Macau Numismatic Society features the Statue of Kwan Yin in Macau and inscriptions on the obverse, with the representative landmark of Macau and Chinese sailing boats as the background. The Logo of the Macau Numismatic Society and two pandas are displayed on the reverse, with bamboo leaves in the background. The 10-Ounce Panda Commemorative Medal features the Statue of Kwan Yin in Macau and inscriptions on the obverse, with Macau racing cars and the commemorative medals issued by the Macau Numismatic Society in the past five years as the background, coupled with a cute rabbit. Its reverse is the same as that of the 1-ounce one. Under cooperation between Yu Min and the famous Hong Kong comic artist Lee Chi Ching, Series II of the Commemorative Coin Celebrating the Issue of the Legend of Chu Liu Xiang features new drawings of Chu Liu Xiang, Wu Hua, and Hu Tie Hua by using techniques such as sandblasting and high relief.

As the legal tender and “name card” of precious-metal 
commemorative coins in China, panda commemorative coins enjoy very high status in the eyes of numismatists, and each issuance of such coins is a hotspot of the whole market. Platinum Panda Commemorative Coins are also known as “Top￾notch Panda Commemorative Coins”. The 1-Ounce Panda Platinum Commemorative Coin of 1987 was the first of its kind. Ge Zukang ( 葛祖康 ), a Chinese numismatist of modern precious metal coins and Advisor to Shanghai Zhao Online Group, is the first modern coin researcher to include panda commemorative coins in the catalog of Chinese coin and medal collection. According to Ge, the first 1-ounce silver coin which was designed in commemoration of the 110th Anniversary of the Birth of Mr. Tan Kah Kee cost RMB 97 in Shanghai as early as 1987. From then on, Ge Zukang has plunged into coin collecting and investment. Based on the successful investment in modern circulation commemorative coins, Ge has begun to collect Chinese modern precious-metal coins on a large scale and has been committed to promoting Chinese modern precious-metal coins, including panda commemorative coins.

In the first strike ceremony, Deng Weibin ( 鄧偉斌 ), Head of WPIC in the Asia Pacific Region, said in his speech that the 2023 Panda Commemorative Medals of Macau Numismatic Society to be unveiled are worth the wait. WPIC, the world-class platinum market research, investment, and promotion organization, set up its Asia Pacific Region Headquarters in Shanghai in 2017. Vigorously pushing forward physical platinum investment in the Asia Pacific Region, WPIC not only commits to building China’s platinum group metals industry ecosystem but also partners with a lot of mints, exchanges, banks, fund management companies, and precious metal product developers and retailers all over the world. This joint issuance of panda commemorative coins with the Macau Numismatic Society marks a useful exploration for fueling the value investment of platinum. According to Deng Weibin, platinum has strong scientific, technological, and industrial attributes, which are connected with more than 70% of the industrial chains of modern industry. Especially under the general trend of the national strategy of “Carbon Peaking and Carbon Neutrality” and energy structure transformation, the future development of the global green hydrogen economy will trigger the skyrocketing demand for platinum. The long-term investment value of platinum has been formed and will become more attractive. Platinum is currently undervalued and calls for close attention from coin and precious metal investors.

The participants also included Zhang Wenbin ( 張文斌 ), Head of WIPC China Market Research, Michael Chou, President of Champion Auction, Editor-in-Chief of The Journal of East Asian Numismatics and Senior Advisor of Certified Collectibles Group, Mateo Zhao ( 趙振陽 ), Vice President of Asian Business Development of Certified Collectibles Group, and Yi Shizhong ( 裔式忠 ), Founder of Shanghai New Century Minting Co., Ltd. and former Manual Die Engraver of Shanghai Mint.
 

Deng Weibin, Ge Zukang, Yu Min


Yu Min appreciating the first strike coin