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One Of My Grandfather's Coins: Hong Kong Dollar

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wheatchaser140's Avatar
United States
2368 Posts
 Posted 11/03/2013  08:40 am Show Profile   Bookmark this topic Add wheatchaser140 to your friends list Get a Link to this Message Number of Subscribers
My grandfather, an avid coin collector, has recently passed away. My grandmother found this in an envelope of his. Don't know how he got it, kind of interesting!



One-Of-My-Grandfather's-Coins:-Hong-Kong-Dollar

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augsburger's Avatar
Germany
1063 Posts
 Posted 11/03/2013  8:50 pm  Show Profile   Bookmark this reply Add augsburger to your friends list Get a Link to this Reply
It's probably worth about 12 cents if I can switch between two currencies I don't use. They're still circulating in Hong Kong, even with the Queen's head on them, though not so frequently.
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Sap's Avatar
Australia
16810 Posts
 Posted 11/03/2013  9:03 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Back then, Hong Kong was a popular tourist destination in its own right (just as it is today, and still for much the same reasons - cheap shopping!) as well as a stopover point for travellers - in an age when there were very few direct international flights, Hong Kong was a major intercontinental transit point. So even if your grandfather never went there directly, he may have visited there on the way to somewhere else - or perhaps, if it was found in an envelope by itself, he was given the coin by a friend who had travelled there.

The four Chinese characters say exactly the same thing that the English words on this side say: "Hong Kong" at top and bottom, "One Dollar" at right and left.

The symbol in the centre is derived from the crest of the coat of arms of colonial Hong Kong. The lion (symbolising Britain) is holding a pearl (symbolising Hong Kong, the "Pearl of the Orient").

Coins such as this one, with the Queen's portrait on them, are still legal tender in Hong Kong, although rarely seen - the banks are actively withdrawing them and replacing them with new Chinese SAR coins.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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nalaberong's Avatar
Canada
2805 Posts
 Posted 11/03/2013  10:48 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Yes, the Bauhinia replaced the Queen a few years before the change-over. I am working on a date-set of these coins, although it's easy to find the small ones... the larger sizes with the security edge are more difficult.

Coins stopped being issued around 1998, as most small transactions are handled by government-issued payment cards... however, a surge in demand forced new coins to be minted in 2012. This is a good sign for us coin-collectors
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 11/05/2013  12:04 pm  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
Sap, I am appreciated with what you understand HK. All are exactly correct. First year of this type of one dollar was issued in 1960 to substitute the paper one dollar. It stops to be circulated in late 90's for there is the issue of a smaller size one dollar that still has the Queen on it.
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