Dragon Dollar obverseObverse

Image: Wikimedia Commons · Scott Semans · CC BY 3.0

Dragon Dollar

China

1889–1908

Reference data compiled from public catalogs

Estimated Melt Value

$61.69

Based on Silver spot price ($78.96/oz) · 90.0% purity · 27g

Updated 10:08 PM

Collector premium not included

Specifications

CountryChina
Years Minted1889–1908
Composition90% silver, 10% copper
Weight27 g
Diameter39 mm
ShapeRound
EdgeReeded

Design

Obverse

Features a dragon design with Chinese inscriptions around it.

Reverse

Displays the denomination in English and Chinese, along with the year.

History & Notable Facts

The Dragon Dollar's dragon design, meant to evoke imperial might, was actually based on sketches by foreign advisors, highlighting China's awkward embrace of Western minting tech during the Qing era.

That said, these silver coins were struck from 1889 to 1908 at various imperial mints, often on planchets sourced from melted-down foreign silver—like those old Spanish reales that flooded Asia. We know the obverse showed a serpentine dragon encircled by waves, while the reverse bore Chinese characters and sometimes English dates, all to standardize currency amid economic chaos. Mintage figures? Spotty at best; some records burned in later upheavals, so don't ask for exact numbers.

Variations exist, from proof strikes to worn circulators, and fakes abound—proving that even dragons get copied. As for myths, like the one about cursed coins bringing bad luck, I've handled enough to say it's just silver and history, nothing more. Collectors might quibble over that.

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