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5 Yuan Masts for Sailing, Silver Bullion
| Issuer | People's Republic of China |
|---|---|
| Year | 1994 |
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| Orientation | Medal alignment ↑↑ |
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| Obverse lettering | 中华人民共和国 1994 |
| Reverse description | The central field features a finely engraved depiction of a Chinese junk under sail, its characteristic battened sails prominently displayed as the vessel navigates stylized waves. To the upper right, a circular inset cartouche bears an ornamental emblem. Adjacent inscriptions in Chinese characters read 招桅 (mast raising) alongside the date 公元1403年 (1403 AD), referencing the historical context of early Ming Dynasty maritime activity. The face value 5元 is inscribed in the lower right field in Chinese numerals. |
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| Additional information |
China's silver bullion program in the early 1990s produced numerous themed issues aimed squarely at the international collector market, and this piece belongs to a series celebrating traditional Chinese sailing vessels at a moment when Beijing was aggressively courting foreign hard currency. The .900 fineness is notably below the .999 standard that would become near-universal for sovereign bullion coins by the late 1990s, a deliberate cost consideration by the China Gold Coin Corporation that gave these issues a slightly different market positioning from the outset.