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These rare silver dollars are often estimated to be millions of dollars, but they are actually speculative coins

author:Jing Mo Xuan master

People often ask: I have a rare silver dollar in my hand, which is very rare, it is a large head with a face value of Wu Yuan, and it is still five years old in the Republic of China. Yes, this is indeed rare, because the Republic of China has not issued Yuan Datou with a round denomination, and Yuan Datou only has 4 years, the Republic of China has three years, eight years, nine years, and ten years, and there is no five years at all. Something that has never been said to be uncommon in history...

These rare silver dollars are often estimated to be millions of dollars, but they are actually speculative coins

Historically, on February 7, 1914, Yuan Shikai promulgated the "National Currency Regulations" and the "Implementation Rules of the National Currency Regulations" in the form of a grand presidential decree, stipulating that there were four types of national currency (one yuan, middle circle, two corners, one corner), one nickel coin (five points), and five copper coins (two points, one cent, five cents, two cents, and one cent). Therefore, most of the Wuyuan Yuan heads on the market now are modern counterfeit coins, such as the above picture, obvious sand counterfeits, sand eyes are very easy to identify. This kind of coin that has not been officially issued in history is called speculative coinage.

In order to cater to people's curiosity mentality, someone will hollow out and design a variety of different patterns, forge strange products to deceive people, and make huge profits. The other is to take advantage of the psychology of collectors with complete sets of collections, and counterfeiters borrow patterns and words from the real thing, appropriately change them, and turn out new styles.

These rare silver dollars are often estimated to be millions of dollars, but they are actually speculative coins

For example, the above 1943 Italian Mussolini coinage, that is, the forgers seized people's curiosity about the heads of state of Germany and Italy in World War II, in fact, in World War II, the image of Hitler and Mussolini did not appear on their national currency.

China's coinage silver dollars include the "old fake" coinage of the Republic of China period, and there are also the "new fake" coinage of modern imitation of the old coinage. Why are they already fake "counterfeit money", and some people are counterfeiting "fake money", this should also be looked at dialectically.

These rare silver dollars are often estimated to be millions of dollars, but they are actually speculative coins

Guangdong Shou character half two, imaginary silver coins, it is very obvious that its "Kuping weight half two" words, is in the original coin mold renovation and modification.

The old hypocritical coinage in the Republic of China period has its specific historical background, when the warlords were fighting, and the mint production tasks that had introduced modern minting machines were not full, and the production continued to stop in the event of war. Moreover, at that time, the management of the mint was not standardized and strict, the personnel were complex, and the warlords controlled and other factors. As a result, some mint employees will invent some gold and silver coins according to the requirements of some people when work is stopped, such as imagining various fascinating related allusions, or commemorative coins for the heads of the emperor's aristocrats, warlords, and politicians.

These rare silver dollars are often estimated to be millions of dollars, but they are actually speculative coins

Taiwan's military paid one or two, and invented silver coins.

At that time, the main purpose of the people of the mint was to sell the coinage to foreigners to make some private money, and foreigners did not understand Chinese culture anyway, and when they saw the pattern they had never seen, they bought it at a high price. Therefore, some of the coinage is the official mint carver, or the mold maker himself purely handmade, but not officially issued, is secretly created, so this kind of coinage, although from the official point of view is "fake money", but from the famous, extraordinary craftsmanship, and is private minting, it is impossible to mass-produce, but the number is not much.

These rare silver dollars are often estimated to be millions of dollars, but they are actually speculative coins

Yuan Shikai rode a horse and fabricated silver coins.

But after all, there is no official identity, and the private minting, are all secretly done, no one can say how many kinds of speculative coinage from the mint, so there are a mixture of fish and dragons. Therefore, although the old coinage has a certain value, but because its water is too deep, only collectors who specialize in collecting speculative coinage will recognize it, and the usual collectors generally do not recognize it.

These rare silver dollars are often estimated to be millions of dollars, but they are actually speculative coins

Empress Dowager Cixi of the Qing Dynasty, modern counterfeit fake coinage.

These rare silver dollars are often estimated to be millions of dollars, but they are actually speculative coins

Cixi is like Yunnan Gongjin, fabricating silver coins, which is the old counterfeit coinage, compared to the above modern counterfeit counterfeit coins, you can still see the difference, after all, the old coinage is the mint's genuine engraver privately carved, the process is still incomparable.

Since the amount of old speculative coinage may exist less than that of some warlords, the new and strange silver dollars that are common on the market now are mostly modern fake coinage, such as the five-yuan Yuan Datou mentioned at the beginning of this article.

——Deng Tong, Anhui