Nanjing Exchange is the largest and oldest exchange. The capital requirement for listing an exchange fund at Nanjing is RMB 2,000,000 (US$325,000). For example, in order to list 2014 1 oz. silver panda, assuming the market value for this coin is RMB140 at the time of application for listing, the fund has to accumulate about 15,000 coins to deposit to the Exchange. Since the mintage of this coin is very large, the expectation of large price fluctuation shall not be great. Nevertheless, the outcome in the market place is quite difference. The price moved up to RNB290 next day as soon as the Exchange announce the plan to list this fund on 5/18. The price on 5/20 had a range of RMB 230-260 and has dropped back to RMB 160 recently, but it is still about 15% higher than prior to the announcement. At the same time, 2013 and 2015 silver panda also moved up about 10% to anticipate the potential of listing these two coins by the speculators.

2014 1 oz. silver panda will be listed at NanFun Exchange which has 22 stamp funds listed, and no coin fund yet.

Here is the website for all listed exchange funds at Nanjing Exchange. Nanjing has 127 funds being traded currently.

http://www.njwjsqbyp.com/list.asp?id=2The followings are the MCC currently listed at Nanjing Exchange.

2012 fan-shaped dragon 1 oz. 10 yuan silver coin

2013 fan-shaped snake 1 oz. 10 yuan silver coin

2012 fan-shaped dragon 1 oz. 10 yuan silver coin

2012 fan-shaped dragon 1/3 oz. 150 yuan gold coin

2001 colored snake 1oz. 10 yuan silver coin

2009 colored ox 1oz. 10 yuan silver coin

2009 nature round ox 1 oz. 10 yuan silver coin

2003 colored goat 1 oz. 10 yuan silver coin

2003 fan-shaped goat 1 oz. 10 yuan silver coin

2013 fan-shaped snake 150 yuan 1/3 oz. gold coin

1981 great wall 1 yuan circulated BU Cu-Ni coin

1997 auspicious matters 10 yuan 2 oz. piedfort silver coin

2009 successful inauguration of ChiNEX 10 yuan 1 oz. silver coin

2010 20th Anniversary of China’s capital market 10 yuan 1 oz. silver coin

2007 year of pig 1 yuan CU-Ni BU circulated coin.

2010 year of tiger 1 Yuan Cu-Ni BU circulated coin

1999 colored panda 10 yuan, 1 oz. silver coin

2009 nature round ox 50 yuan 1/10 oz. gold coin

2004 year of monkey 1 yuan Cu-Ni BU circulated coin

2010 colored tiger 10 yuan, 1 oz. silver coin

2006 year of dog 1 yuan Cu-Ni proof circulated coin

2009 year of ox 1 yuan Cu-Ni BU circulated coin

2011 Tsinghua University centenary ¼ oz. 100 yuan gold coin

2011 Tsinghua University centenary 1 oz. 10 yuan silver coin

2010 Shanghai Expo. 1 yuan Cu-Ni BU circulated coin

2004 Pilgrimage to the west (2nd series) ¼ oz. 200 yuan gold coin

2005 Pilgrimage to the west (3rd series) ¼ oz. 200 yuan gold coin