Silver 1/5 Dollar or 20 Cents Dr. Sun Yat-sen Republic China Guangdong Province

Silver 1/5 Dollar or 20 Cents Dr. Sun Yat-sen Republic China Guangdong Province Year 8, 1929

Silver 1/5 Dollar or 20 Cents

Republic of China Dr. Sun Yat-sen

Guangdong Kwangtung Province Year 18, 1929



 

Weight: 5.4 grams; Material: Silver; Size: 23.4 mm

 

Obverse: Bust of Sun Yat-sen

Reverse: Value 20 Cents

年八十國民華中



* 造省東廣 *

Edge: Reeded

References: Y# 426

 

Dr. Sun Yat-sen

The obverse shows a close-up profile of Sun Yat-sen. Sun Yat-sen was the president of Nationalist China and is referred to as the “Father of the Nation” and “forerunner of democratic revolution” in the People’s Republic of China. He was instrumental in the overthrow of the Qing dynasty and was the first provisional president of the new republic. He is unique among 20th century Chinese politicians for being revered by both the Nationalist and the Communist Chinese.

In the early twentieth century, China had no central bank. The monetary system was based on private banks that used silver as the primary medium of exchange. A year after the Nationalist Party came to power, the Central Bank of China was established and the country went on a Chinese silver-dollar standard.

 

 

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Silver 1/5 Dollar or 20 Cents Dr. Sun Yat-sen Republic China Guangdong Province

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