1 Yuan / 1 Dollar (Pattern; Founding of the Republic: Yuan Shikai; "Big Beard dollar") ND (1912) front 1 Yuan / 1 Dollar (Pattern; Founding of the Republic: Yuan Shikai; "Big Beard dollar") ND (1912) back
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1 Yuan / 1 Dollar Pattern; Founding of the Republic: Yuan Shikai; "Big Beard dollar" ND

1912 year
Silver - 39 mm
Description
Issuer
Republic of China
Period
Republic (1912-1949)
Type
Pattern
Year
1912
Value
1 Yuan = 1 Dollar
Currency
Yuan (1912-1948)
Composition
Silver
Diameter
39 mm
Shape
Round
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-03
References
Numista
N#242602
Rarity index
97%

Reverse

Two Chinese ideograms within wreath surrounded by English legend.

Lettering:
THE REPUBLIC OF CHINA


ONE DOLLAR

Translation: 1 Yuan

Comment

This coin was struck at one of the Soochow Mints, and while this coin is often said to depict Cheng Te-chuan, that is likely incorrect, with the actual person being Yuan Shikai.

For more information about this coin only known by patterns, see here:
https://www.coinworld.com/news/precious-metals/mysterious-chinese-coin-in-champions-macau-auction--on-the-block.html

Krause and Kann both report two other varieties: one with eyes in relief and another made of copper; however, Krause notes that all known examples of those two are counterfiets.

Interesting fact

One interesting fact about the Pattern 1 Yuan / 1 Dollar coin from Republic of China made of Silver is that it features a portrait of Yuan Shikai, the first president of the Republic of China, on the obverse, and a vignette of the Temple of Heaven on the reverse. The coin was designed by the Tianjin Mint and was intended to be used as a standard circulating coin, but it was never officially released due to the political instability of the time. As a result, only a small number of pattern coins were produced, making them highly sought after by collectors today.