Chinese Silver Dragon Coins - A Chinese Silver Icon
The Chinese Silver Dragon Coin has been known, for centuries, to be one of the oldest coins to have ever been produced, designed, and distributed throughout the country as official currency. It serves as one of the few coins in which people identified China and its flourishing economy with, being one of the first few silver coins to have ever been produced back in 1889.
This was when the 1st modern coining press was introduced and imported into China and from there the coins were circulated and had the price of seven Mace and 2 Candareens. These two values were what the people then used as standard units for silver, which were measurable by weight.
If you are going to look for tangible authentic Chinese Silver Dragon Coin, it is important that you remember the different traits of these silver coins. A genuine Chinese silver dragon coin would usually have a weight measurement of 27.4 grams with a quantity of 0.78 ounce Of silver.
The design includes a Chinese dragon engraved in the center with the words seven Mace and 2 Candareens at the bottom of the image. On top of the dragon is the Hu-Peh Province, which most historians claimed to be the place where the coins were made. These coins were circulated between 1898 and 1905 and were popularly known as Kiang-Nan bucks and would routinely cost many hundred greenbacks when purchased from a credible coin dealer or collector.
Of course with such great history these coins are bound to sprout fakes in the many markets around China as well as around the world. The price of fake coins would often range between three RMB to US $10-15 when bought through an online auction site, as an instance. If it’s the real Chinese Silver Dragon Coin that you are looking for, another way to inform is the crude weight, which is usually heavy.
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