Chinese Silver Yuan Coins

China, with all its glory and magnificence, has always been known to be one of the best places to find rare silver coins such as the Chinese Silver Yuan Coins. The first few silver coins were minted and circulated around the different parts of the country back in 1889 when the first coining press was imported and the methods introduced. Since there is actual pure silver content involved, one of the oldest ways of actually measuring the value is by weight, so if you’re a serious coin collector and are interested in Chinese silver then this is how it is usually done.

The first or earliest silver coins that were issued were produced in the Canton, otherwise known as the Guangdong mint during the 1890s. These were done in denominations of 5 cents, 1, 2, and 5 jiǎo, and 1 yuan. Soon other mints were build in different regions of the country and began producing similar silver coins as well as coins made out of copper in denominations of 1-2, 5, 10-20 cash.

With over 20 provincial regions producing and minting silver coins, the government saw the need to neutralize the country’s currency and finally began issuing its own Chinese Silver Yuan Coins in 1903 as well as other brass and copper coins. The designs of the coins changed once in a while, especially after the revolution, but the size and the metal content remained the same until the 1930s.

The Nationalist Government introduced on July 1949 the first silver yuan, which was initially worth 500 million gold yuan. It began circulating for a few months around the mainland before the civil war and remained to be the official currency of the Republic of Taiwan until the year 2000. As of today, Chinese Silver Yuan Coins have become a great addition to the collections of many coin enthusiasts all over the world.
Chinese Silver Yuan Coins
You can find great prices and selection on the historic Chinese Silver Yuan Coins

By Christina Goldman
Published: 4/29/2009
 
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