Chinese Silver Dragon Coins

The Chinese Silver Dragon Coin has been known, for centuries, to be one of the oldest coins to have ever been produced, designed, and distributed throughout the country as official currency. It serves as one of the few coins in which people identified China and its flourishing economy with, being one of the very first few silver coins to have ever been produced back in 1889.

This was when the first modern coining press was introduced and imported into China and from there the coins were circulated and had the value of 7 Mace and 2 Candareens. These two values were what the people then used as standard units for silver, which were measurable by weight.

If you’re going to look for actual authentic Chinese Silver Dragon Coin, it is important that you remember the different characteristics of these silver coins. A real Chinese silver dragon coin would normally have a weight measurement of 27.4 grams with an amount of 0.78 ounce of silver.

The design includes a Chinese dragon engraved in the center with the words 7 Mace and 2 Candareens at the bottom of the image. On top of the dragon is the Hu-Peh Province, which most historians believed to be the place where the coins were made. These coins were circulated between 1898 and 1905 and were popularly known as Kiang-Nan dollars and would normally cost several hundred dollars when bought from a reputable coin dealer or collector.

Of course with such great history these coins are bound to sprout fakes in the many markets around China as well as around the world. The price of fake coins would usually range from 3 RMB to US $10-15 when bought through an online auction site, for example. If it is the real Chinese Silver Dragon Coin that you are looking for, another way to tell is the crude weight, which is usually heavy.
Chinese Silver Dragon Coins
You can find great prices and selection on the historic Chinese Silver Dragon Coins

By Christina Goldman
Published: 4/29/2009
 
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