The 2021 Modern Chinese Trade Dollar 1oz Silver Proof Coin
|The first Chinese ‘Dragon’ Trade Dollars were produced in 1889 in a purpose-built Mint in Guangdong Province. The coins were machine-struck using equipment bought from the United Kingdom to a precise specification based on traditional Chinese weight measurements; seven Mace and two Candareens. One Candareen was 1/10th of one Mace; combined, each Dragon Trade Dollar was equivalent to 27.22 grams.
They were struck in .900 silver to make them as close as possible to the Spanish Dollar and similar coins were produced in Japan and South Korea, greatly helping regional trade. All three countries named their coins ‘Dollars’, a word derived from a character which represents the coin’s circular shape. The word is also pronounced similarly in all three languages and is evident in the names of the local currencies today; Yuan, Yen and Won.
The last Dragon Trade dollars were struck as the sun set on the Chinese Empire in 1911, shortly before the formation of the Republic of China in 1912.
Coin Name:The 2021 Modern Chinese Trade Dollar 1oz Silver Proof Coin
Issuing Authority: St Helena
Issue Limit: 1000
Total Mintage: 1000
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UK Standard Delivery: £9.95
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