After the Xinhai Revolution, China ushered in a period of political turmoil and economic chaos. The monetary system is even more chaotic, with all kinds of silver, copper, and paper money intermingling. In order to solve this problem, Yuan Shikai promulgated the "National Currency Regulations" after coming to power, and officially launched the high-profile "Yuan Datou".
The turbulent times and the introduction of the "National Currency Regulations".
In 1911, the Xinhai Revolution broke out, overthrowing the Qing Dynasty. Dr. Sun Yat-sen led the Xinhai Revolution and forced the abdication of Emperor Puyi at the end of the Qing Dynasty, marking the end of China's feudal history. China** came into being, but in the initial period, the currencies used in various places were indecisive and chaotic.
In order to stabilize the political situation and develop the economy, Yuan Shikai promulgated the "National Currency Regulations" in the third year of **. The decree was intended to unify the currency and put an end to the chaos. From 1914 to 1915, the General Mint and the Jiangnan Mint successively minted the "Yuan Datou" featuring Yuan Shikai's head.
Yuan Datou" casting first appeared.
"Yuan Datou" is mainly divided into one circle, half circle (commonly known as five corners, middle circles), two angles and one corner. The face value of one yuan of "Yuan Datou" is almost every era, and the face value of the half circle is only the **three-year version, and the two corners and one corner of the version have **three years and **five years respectively.
Nowadays, some special editions of "Yuan Datou" are high due to the collection boom. **
The third and eight-year editions have a historical status due to the small number of surviving generations, so the ** has been rising.
The market is unpredictable.
So, how much can a well-preserved three-year-old "Yuan Datou" be worth in the market?Is it really as the collector said, a three-year "Yuan Datou" can be worth millions of yuan?
First of all, it is necessary to understand that the scientific name of "Yuan Datou" is "Yuan Shikai Statue Carrying Jiahe Silver Coin". From 1914 to 1929, mints across the country issued a total of more than 7500 million "Yuan Datou". The ones that have survived so far are mainly three years, eight years, nine years, and ten years. Among them, the survival of eight years is relatively small and relatively high.
Currency chaos under the warlord scuffle.
During the ** period, warlords fought each other, and warlords from all over the country minted currency privately in order to recruit troops. The Qing Dynasty once issued a hard currency "Longyang", but the warlords imitated the Guangxu Longyang to mint silver coins, and the quality was uneven, resulting in chaos in the currency market, a fatal blow to the economic order, and the people were miserable.
After Yuan Shikai came to power, in order to solve the chaos, he promulgated the "National Currency Regulations" to implement the silver standard system, and introduced "Yuan Datou" as the main circulating currency. At first, Yuan Shikai considered using paper money instead of silver dollars, but because the common people did not trust paper money, he finally chose to mint a silver dollar.
Precious misprinted "Yuan Datou".
Although the ordinary three-year "Yuan Datou" silver coin is low on the market, only about 600 yuan, some special versions of "Yuan Datou" are worth a fortune. For example, some of the "Yuan Datou" minted by the Tianjin Mint have the English signatures of Italian plate makers, and because they are very small in existence, the market ** reaches 1.5 million to 2.5 million yuan.
There is also a kind of "trial casting version of Yuan Datou" for three years, these silver coins are not officially in circulation, the production is scarce, and the intact ones are worth a lot of money. For example, the 5 yuan "Yuan Datou" planned to be issued at that time was not circulated due to market research and various reasons, and the hundreds of pieces that were trial-cast were therefore precious and abnormal, and the market ** was as high as millions of yuan.
The manufacturing process of the Gansu Mint.
In addition to these, the ** three-year "Yuan Datou" silver coin produced by the Gansu Mint has also attracted much attention. Compared with other versions, the Gansu version has more exquisite craftsmanship and more diverse layouts. Moreover, the Gansu edition is subdivided into a variety of coin types such as "Gansu plus characters", "three eyelids", "bold characters", and "fine characters", which are very popular among coin lovers.
Value Warning and Conclusion.
Overall, the ordinary "Yuan Datou" is not too valuable, and the market is generally between 300 yuan and 400 yuan. Therefore, although the market for collecting ancient coins has been very hot in recent years, not all "Yuan Datou" can be worth millions of yuan. Of the more than 700 million "Yuan Datou" silver dollars, there are very few misprinted silver coins that are truly worth collecting, and most of them are monopolized by collectors.
Therefore, investors should be cautious when collecting "Yuan Datou" silver coins to avoid being deceived by some unscrupulous merchants. Both the ordinary and special editions are important ways to understand China's historical and economic development, and also reflect the evolution of the monetary system. Remember, the collection of ancient coins is deep, and you should not act rashly to avoid being deceived.
This article vividly presents the historical context of China's modern monetary development, especially the "Yuan Datou" of the first three years as the starting point, and deeply interprets the precious code behind it. The article first reviews the historical background after the Xinhai Revolution and depicts the political and economic challenges faced by the new China. In order to solve this problem, Yuan Shikai promulgated the "National Currency Regulations" and introduced "Yuan Datou" as the main currency in circulation, a policy that brought order and stability to China's economy in a short period of time.
The article further digs into the different versions and special styles behind "Yuan Datou", as well as the scarce varieties such as misprints and trial casting plates. These special "Yuan Datou" not only have historical status, but also become precious collections because of their small survival, even reaching millions of yuan. The author cleverly introduces the Italian platemaker's English signed edition, the "trial mint version" and the Gansu version of "Yuan Datou" minted by the Tianjin Mint, presenting readers with a more complex and rich numismatic market.
However, the article also puts forward a warning through the analysis of the "Yuan Datou" market. Even if it is the general three-year "Yuan Datou", its market is not high, and only some special versions can reach a high level. Such a reminder makes readers more rational when investing and collecting, and avoids being deceived by some unscrupulous merchants. In addition, the author stresses the depth of ancient numismatic collecting, which requires caution and not rash action.
Overall, this review provides an in-depth interpretation and analysis of the original text. Through the introduction of the historical background, different editions and markets** behind "Yuan Datou", readers have a more comprehensive understanding of the development of Chinese currency and the ancient coin collection market. The text also cleverly incorporates warnings, so that readers can maintain a rational and clear mind while being enthusiastic about collecting.
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