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20 Yuan Along the River During the Qingming Festival

Issuer People's Republic of China
Year 1998
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Currency Second Rénmínbì (1955-date)
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Obverse script Chinese
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Reverse description Panoramic scene depicting a bustling riverside townscape in meticulous high-relief engraving, reproducing a section of Zhang Zeduan's celebrated Song Dynasty painting 'Along the River During the Qingming Festival.' Densely packed traditional courtyard buildings with sweeping tiled rooftops fill the field, interspersed with bare trees rendered in fine detail. The composition captures the depth and narrative richness of the original scroll, with multiple layers of architectural and natural elements receding into the background. The fineness inscription .999 Ag 2oz appears in the lower field.
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Additional information

The painting this coin commemorates — attributed to Zhang Zeduan and dated to the Northern Song dynasty, circa 1085–1145 — depicts Kaifeng at its commercial peak, a city of roughly one million people and the most populous in the world at the time. The scroll itself spent centuries in imperial collections, was looted, lost, and recovered multiple times, and was famously fought over during the fall of the Ming dynasty before entering the Palace Museum collection in Beijing.

The 1998 issue was part of a multi-year Chinese commemorative silver program targeting both domestic collectors and the overseas Chinese investment market. Two ounce (.999) silver commemoratives of this period are frequently found with original packaging intact, suggesting limited secondary circulation.

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