Product Description

LPM is proud to present the 8th and final release in our China's Famous Vintage Coin Series.

Product Highlights

• Contains 1 oz of .999 fine gold
• Plain Edge with the year, weight and purity laser etched in the rim
• Each coin comes with an individual capsule in mint sealed sheets
• Limited mintage of 100
• One of the most valuable and sought-after Chinese numismatic design

Story

The dollar was among the first milled coinage produced in Imperial China at the Kwangtung Mint. Its output was intended to replace the Spanish and Mexican 8 reales circulating in the country. To this end, these coins were at a slightly higher silver content than the foreign interlopers. Unfortunately Gresham’s Law kicked-in and the new heavier dollars were promptly hoarded or melted-down.

Despite the failure of these dollars to achieve their desired end, their design provided the standard for issues from all Chinese provinces during 1890-1907.