1 Tael - Guangxu (Pattern) 37 (1900) front 1 Tael - Guangxu (Pattern) 37 (1900) back
1 Tael - Guangxu (Pattern) 37 (1900) photo
© Stacks Bowers

1 Tael - Guangxu Pattern

37 (1900) year
Silver 26.90 g 39 mm
Description
Issuer
Empire of China
Emperor
Qing dynasty › Guangxu (光緒帝) (1875-1908)
Type
Pattern
Year
37 (1900)
Calendar
Chinese cyclical (cycle starting in 1864)
Value
1 Tael
Currency
Peking Tael (1900)
Composition
Silver
Weight
26.90 g
Diameter
39 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#243328
Rarity index
90%

Reverse

Dragon with pearl at centre surrounded by English legend.

Script: Latin

Lettering:
PEKING
7 MACE AND 2 CANDAREENS

Edge

Reeded.

Comment

The Peking Mint opened in 1899, and one later, these coins were minted as an attempt to establish a national silver currency. However, the Boxer Rebellion broke out that same year, which devistated Peking and destroyed the mint. Luckily, the original dies were saved, and restrikes were made in Hong Kong in 1947. While some actual patterns likely exist, most are restrikes (which are very rare themselves).

The pictured example is one of the 1947 restrikes, indicated by the pitted surfaces caused by rusted dies (which would have happened due to being stored in humid conditions for an unspecified amount of time before the restrikes were made).

Interesting fact

The Pattern 1 Tael coin was designed by a French engraver named Charles Fournier, who was commissioned by the Chinese government to create a new currency for the country. Fournier's design featured a portrait of the Guangxu Emperor on the obverse side of the coin, and a dragon on the reverse side. The coin was minted in 1900, and it was the first coin to feature the Guangxu Emperor's portrait. However, it's worth noting that the Pattern 1 Tael coin was not widely circulated, as it was only minted in small quantities as a trial or pattern coin. Therefore, it is considered a rare and valuable collector's item among numismatists today.