1 Yuan (Pattern; modified "Junk dollar"; copper) 21 (1932) front 1 Yuan (Pattern; modified "Junk dollar"; copper) 21 (1932) back
1 Yuan (Pattern; modified "Junk dollar"; copper) 21 (1932) photo
© PCGS

1 Yuan Pattern; modified "Junk dollar"; copper

21 (1932) year
Copper - 39 mm
Description
Issuer
Republic of China
Period
Republic (1912-1949)
Type
Pattern
Year
21 (1932)
Calendar
Chinese republican
Value
1 Yuan
Currency
Gold Standard (1932)
Composition
Copper
Diameter
39 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#240935
Rarity index
97%

Reverse

Two-masted ship (a junk) sailing right with three birds below, a rising sun in the background, and Chinese ideograms above.

Script: Chinese

Lettering: 圓壹幣位本金

Translation: Gold Standard currency / 1 Yuan

Engraver: John R. Sinnock

Designer: Clifford Hewitt

Comment

The proposed denomination for this currency was 'Sun'.

These patterns were part of an attempted currency that ended up being abandoned. The original patterns were struck at the Philadelphia Mint and sent to the newly-established Shanghai Mint for inspection.

Interesting fact

One interesting fact about the Pattern 1 Yuan (Pattern; modified "Junk dollar"; copper) 21 (1932) from Republic of China made of Copper is that it was designed by the Chinese government to combat the inflation that was rampant in China during the 1930s. The coin was introduced as a replacement for the old silver dollar and was intended to be used as a medium of exchange for large transactions. However, due to its low value and the fact that it was made of copper, it was not widely accepted by the public, and its use was eventually discontinued. Despite this, the coin remains a unique and interesting piece of Chinese numismatic history.