50 Yuan Taiwan Proof - Coin Community Forum

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Author	Replies: 4 / Views: 2,647
vb3347 Valued Member United States 230 Posts	Posted 09/22/2012 4:46 pm I recently acquired this coin and was wondering if anyone could tell me more about it. All I know is that it's a 50 Yuan from Taiwan. It weighs about 31.1 grams and it looks/feels like silver (I also see a '999' marking) though I suppose it could just be plated. Thanks in advance for any additional info. Report this Post to the Staff

aardspeed Pillar of the Community 921 Posts	Posted 09/23/2012 1:28 pm .999 is pretty well pure silver.... the weight 31.1 is actually a true troy ounce. All precious metals are weighted in troy ounces. 1 troy ounce = 31.1034768 grams I belive the spot on silver today is $35.5 per troy ounce, but your coin is worth more that melting it down for the spot price I'm sure!. Report this Post to the Staff
vb3347 Valued Member United States 230 Posts	Posted 09/23/2012 2:47 pm Thanks for the reply aardspeed, although I was aware of those facts. I was hoping someone with knowledge of Chinese language can shed some light on what the characters say and what this coin is commemorating. I can't find it in my Krause catalog. Also, I am worried that the .999 marking could just mean that the coin is a base metal plated in .999 silver. Edited by vb3347 09/23/2012 2:48 pm Report this Post to the Staff
manymore Valued Member United States 347 Posts	Posted 09/23/2012 6:16 pm The obverse side has a portrait of Sun Yat-sen, the founding father of the Republic of China. The Chinese inscription at the top translates as "In commemoration of the 80th anniversary of the establishment of the Republic of China". The "80th year of the Republic of China" would be the year 1991. The reverse side has the outline of a five-petaled plum blossom. Within the plum blossom are four groups of "double crosses". In Chinese, a "cross" (å) represents the number "ten". A total of four "double crosses" thus equals "eighty". More significantly, a "double ten" represents the tenth day of the tenth month which would be October 10th. The Wuchang Uprising, which lead to the founding of the Republic of China, occurred on October 10, 1911. "Double ten" or October 10th is celebrated as the "National Day" in Taiwan (Republic of China). Additionally, there are 80 dots along the rim of the coin. The coin has a purity of .999, weighs one ounce (31.135 grams), has a denomination of 50 New Taiwan dollars, and was produced at Taiwan's Central Mint with a mintage of 500,000. Another specimen of the coin may be seen at this Chinese website. Gary Report this Post to the Staff
vb3347 Valued Member United States 230 Posts	Posted 09/23/2012 6:35 pm Thank you very much for the info, manymore. Quite an interesting round, will be happy to add it to my collection! Report this Post to the Staff
	Replies: 4 / Views: 2,647

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