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One article to understand what CTXC coins are and which country CTXC coins belong to
"CTX coins, issued in 1925 by the British Mint, commemorated the International Banking Corporation's operations in China and showcased Chinese culture through evocative designs."
Oct 03, 2024 at 12:30 am
CTX Coins: Understanding Their History and Origin
1. What are CTX Coins?
CTX coins are commemorative medals known as "China Trade Commemorative Tokens." These tokens were issued over a century ago in 1925, primarily for the Chinese market. They feature designs inspired by Chinese culture and depict various themes, including historical events, mythological figures, and traditional symbols.
2. Origin and Purpose
CTX coins were produced by the British Mint in London for the International Banking Corporation (IBC). IBC, a subsidiary of the National City Bank of New York, operated extensively in China during the early 20th century. The coins were intended to commemorate the bank's operations and promote its services and trade initiatives in the region.
3. Characteristics of CTX Coins
CTX coins are typically made of various metals, including copper, brass, nickel, and silver. They bear the "CTX" acronym, representing "China Trade Commemorative Tokens," on their reverse. Additionally, they often feature Chinese script or characters signifying different denominations, such as "hong" (20 cents), "mao" (10 cents), or "fen" (1 cent).
4. Historical Significance
CTX coins play a significant role in numismatics as they offer insights into the economic and commercial interactions between China and Western countries during the early 20th century. They represent the thriving trade ties and cultural exchanges that marked the era.
5. Collectibility of CTX Coins
Today, CTX coins are highly sought after by collectors and history enthusiasts. Their historical significance and unique designs contribute to their desirability and value among numismatic circles worldwide.
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