Image: Wikimedia Commons · Gary Todd from Xinzheng, China · CC0
Republic 1 Yuan
China
1912–1928
Reference data compiled from public catalogs
Estimated Melt Value
$60.10
Based on Silver spot price ($78.96/oz) · 89.0% purity · 26.6g
Updated 10:08 PM
Collector premium not included
Specifications
| Country | China |
| Years Minted | 1912–1928 |
| Composition | 89% silver, 11% copper |
| Weight | 26.6 g |
| Diameter | 39 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features a portrait of Yuan Shikai facing left.
Reverse
Depicts two Chinese characters for 'Yuan' surrounded by a wreath and English inscriptions.
History & Notable Facts
The most intriguing thing about the Republic 1 Yuan coin is that it featured the portrait of Yuan Shikai, the strongman president who briefly ruled China after the 1911 revolution, turning currency into a tool for personal propaganda. This design choice echoed the Mexican dollar's influence, helping the coin circulate widely in international trade during a chaotic era. Struck in silver at various mints like Tianjin, it often used planchets from recycled foreign coins, a practical nod to scarce resources.
Production varied wildly from year to year, with some issues showing crude strikes due to wartime disruptions. We don't have exact mintage figures for many variants; records from that period are spotty at best. If you're handling one, check for the dragon and frog motifs on the reverse—they're telltale signs of authenticity, though fakes abound.
Experts like me have seen plenty of these pass through our hands, each with its own patina of history. As for myths, let's just say not every tale of buried treasure pans out.
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