China Republican Coinage (3) - 1927 MEMENTO DOLLARS and Variety Analysis - Sun Yat Sen 1 Dollar 壹圎
Third coin in the Chinese Republican Coinage series!
The iconic and well known "Memento" Dollars of the Republic of China! Featuring the founder of the Republic of China, Dr. Sun Yat Sen!
Date: 1927 (Undated)-- Restrike of the original 1912 Dollar
Region/Province: Central Mint - 1949 the Kwangtung Mint had additional restrikes which were in copper.
Catalog: Krause: Y318a.2
A pair of the 1927 Memento Dollar
Two Varieties? Can you spot the difference?
Throughout the Republic of China (1911-1949), there were many dollar coins, minted from the Central Mint. Many Western Collectors new to the realm of Chinese Coins would know what a "Fatman" Dollar is, or the Junk (or even Birds over Junk) Dollars are. However, a lesser known dollar series, though similar in value and rarity is the 1927 Memento Dollar. This specific design is a restrike of the original memento dollar, which was used to commemorate the founding of the Republic of China.
That specific coin was minted in 1912, and looks identical to this, with the exception several rather minute things. The easy telltale for the more valuable 1912 coin is the inclusion of a 5 pointed star, instead of a 6 pointed rosette. For reference, here is the 1912 coin, courtesy of PCGS, below. A beautiful TONED piece! NOTE the 5 Pointed Stars!
For my coin, the common 1927 mintage, there are several varieties present. Among them include errors in the English legends and the bust of Sun Yat Sen, the founder of the Republic of China. Moreover, my two coins are the exact same with the exception of a minute difference.
One of the coin has a normal reeding, whereas the other has incuse reeding.
This coin is worth 1 Yuan (Dollar). Unlike Qing issues, there is no mention of Candareen or Mace. Instead it has the value 1 Yuan written in the reverse.
The Chinese characters are 壹圎, denoting 1 Yuan!
*Incuse variety on the right*
Obverse: 中華民國 開國纪念幣
Reverse: Memento BIRTH OF REPUBLIC OF CHINA
The Tientsin Mint was the general issue mint of the Chinese Republican Government. They produced the Yuan Shikai "Fatman," Junk Dollar, Memento Dollar, and copper cash series. This was not a provincial mint but rather a centralized mint that gave general circulation coins for the entire China. Furthermore, comparatively, the Tientsin mint's minting equipment/dies were of higher quality (compared to Warlord Szechuan, etc) and output/production was higher.