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Live auction - fwo_684685 - CHINA - REPUBLIC OF CHINA 1 Dollar Sun Yat-Sen an 23 (1934)

CHINA - REPUBLIC OF CHINA 1 Dollar Sun Yat-Sen an 23 (1934)  MS62 NGC
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 600 €
Price : 320 €
Maximum bid : 330 €
End of the sale : 07 December 2021 20:36:54
bidders : 2 bidders
Type : 1 Dollar Sun Yat-Sen an 23
Date: (1934)
Quantity minted : 128740000
Metal : silver
Millesimal fineness : 880 ‰
Diameter : 39 mm
Orientation dies : 12 h.
Weight : 26,75 g.
Edge : cannelée
Slab
slab NGC
NGC : MS62
Coments on the condition:
Exemplaire sous coque NGC MS62
Catalogue references :
KM20/345  - L&M110

Obverse


Obverse legend : (LÉGENDE EN CHINOIS) 年三十二國民華中.
Obverse description : buste à gauche de Sun Yat-Sen.

Reverse


Reverse legend : (LÉGENDE EN CHINOIS) 圓壹.
Reverse description : jonque.

Commentary


Ce type est le “Junk dollar” refrappé en 1949 par trois ateliers de l’US Mint.

Historical background


CHINA - REPUBLIC OF CHINA

(1912-1949)

Frustrated by the resistance of the imperial court to the reforms, young civil servants, officers and students, inspired by the revolutionary ideas of Sun Yat-sen began to consider the overthrow of the Qing dynasty in favor of a Republic. The Wuchang uprising on October 10, 1911 in Wuhan led to the abdication of the last emperor, Puyi. A provisional government was formed in Nanjing on March 12, 1912, chaired by Sun Yat-sen. Sun must cede power to General Yuan Shikai, commander of the army. Within a few years, Yuan Shikai abolished the national and provincial assemblies. Republican leaders must go into exile. Sun then takes refuge in Japan. Yuan Shikai proclaims himself emperor but is forced to resign. When he died in 1916, the Republican government broke down. An era of "warlordism" begins during which China is ravaged by the struggles between shifting coalitions of provincial military leaders.

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