Issuance of the Lantau Link Philatelic Numismatic Cover

The Hong Kong Monetary Authority (HKMA) announces today the launch of the Lantau Link Philatelic Numismatic Cover (PNC) which is issued, by the HKMA on behalf of the Government, to commemorate the opening of the Lantau Link.

The public is invited to apply from tomorrow (Thursday, 24 April) until 1 May 1997 for the purchase of the PNC using application forms which appear in advertisements in major newspapers starting tomorrow.

This is Hong Kong's first PNC. It features a Brilliant Uncirculated HK$10 coin with the design of a suspension bridge symbolising the smooth transition in 1997; and a first-day cover with a special Lantau Link stamp franked with a specially designed postmark (dated 18 May 1997).

"The PNC will be of great commemorative value. Only 30,000 sets will be available in Hong Kong and the worldwide issue limit is 50,000," said an HKMA spokesman.

The PNC will be sold in Hong Kong for HK$188 each via public application.. Each Hong Kong Identity Card holder can apply for one PNC only and deadline for applications is Thursday, 1 May 1997.

In the event of over-subscription, a ballot will be held. Successful applicants will be notified by mail and they can purchase the PNCs at designated collection outlets starting from 22 May - the day the Lantau Link officially opens to traffic.

Proceeds from the sale of the PNCs after deducting the cost of issue will be used to fund selected projects for the benefit of the community.

Hong Kong Monetary Authority
23 April 1997