1 Mace (Pattern) 39 (1950) front 1 Mace (Pattern) 39 (1950) back
1 Mace (Pattern) 39 (1950) photo
© Classical Numismatic Group, Inc.

1 Mace Pattern

39 (1950) year
Gold 3.1 g 17 mm
Description
Issuer
Taiwan
Period
Republic (1949-date)
Type
Pattern
Year
39 (1950)
Calendar
Chinese republican
Value
1 Mace
Currency
Old Taiwanese Dollar (1946-1949)
Composition
Gold
Weight
3.1 g
Diameter
17 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#315512
Rarity index
97%

Reverse

Ancient square-footed spade coin of Qi Be (?); legend in Hànzì characters flanking

Script: Chinese

Comment

Struck late 1949 at Chéngdū mint

By late 1949, the People’s Liberation Army had driven Nationalist forces into a near route. The Kuomintang realized that their fiat currency would be all but worthless under such disastrous circumstances and so apparently considered striking precious metal coinage to pay their troops. A series of extremely rare patterns were produced at Chéngdū, then the last city in Nationalist hands, from dies originally made to strike the 1940 coinage. The dies were altered to remove the denomination name and to change the date from year 29 to year 39. But the experiment came to naught, as Chéngdū fell to the Communists in December 1949, with the remaining Nationalist forces fleeing to Taiwan soon after.

Interesting fact

The Pattern 1 Mace (Pattern) 39 (1950) from Taiwan made of Gold weighing 3.1 g is a rare and valuable coin. One interesting fact about this coin is that it was minted in 1950, during the Chinese Civil War, when the Nationalist government, led by Chiang Kai-shek, was facing defeat by the Communist forces. The coin was likely minted as a symbol of national pride and independence, and its value today is a testament to its historical significance.