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Chinese Junk Dollars Struck At US Mints

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 Posted 03/10/2022  7:52 pm Show Profile   Bookmark this topic Add OldRedHead to your friends list Get a Link to this Message Number of Subscribers
I am new to Chinese coins and don't know a lot about them yet. I know that in 1949 the three US Mints struck 30 million Junk Dollars with the Year 23 (1934) date.

There were a total of around 130 million Year 23 Junk Dollars struck.

Does anyone know if there is a way to identify which were struck in US Mints? Is there a resource that I can go to for further research?

Also - when I see these coins and other Chinese issues on auction sites they are often listed with an "L&M" number. What does that mean? What is the source of these numbers?
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Spence's Avatar
United States
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 Posted 03/10/2022  8:27 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@orh, L&H refers to Illustrated Catalog of Chinese Gold & Silver, Lin Gwo Ming & Ma Tak Wo
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
Pillar of the Community
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 Posted 03/10/2022  10:35 pm  Show Profile   Bookmark this reply Add Albert to your friends list Get a Link to this Reply
It's a book that looks like this:
Chinese-Junk-Dollars-Struck-At-US-Mints
Pillar of the Community
Singapore
631 Posts
 Posted 03/11/2022  05:39 am  Show Profile   Bookmark this reply Add Numister to your friends list Get a Link to this Reply
It's hard to find, might even be out of print.

My LCS has one tattered copy that was purchased many moons back and they can't find anymore.

I can't believe no one has updated / reprinted it in all this time considering the prices of some of these coins now.

Edited by Numister
03/11/2022 05:43 am
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
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 Posted 03/11/2022  08:37 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
Does anyone know if there is a way to identify which were struck in US Mints? Is there a resource that I can go to for further research?

My understanding is that the US Mint coins (re-strikes) can not be distinguished; they are the same design and composition as the originals and do not carry a mint mark.

Two reference titles to consider:

Altz, Charles G., Barton, EH. Foreign Coins Struck at United States Mints. Whitman Publishing, 1965.

Lists foreign coins, by country, minted at US Mints from 1876 through 1963; includes images.


Domestic and Foreign Coins Manufactured by Mints of the United States. Department of the Treasury, Bureau of the Mint. 1981.

Note: Multiple editions were published between 1965 and 1981. It's mostly a book of tabular data.


I have both books in my library; they've proven useful over the years.



Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
03/11/2022 08:40 am
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 Posted 03/11/2022  10:18 am  Show Profile   Bookmark this reply Add OldRedHead to your friends list Get a Link to this Reply
Thanks for the information, folks. You have been very helpful.
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Canada
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 Posted 03/19/2022  5:43 pm  Show Profile   Bookmark this reply Add CurrencyLooker to your friends list Get a Link to this Reply
There are several ways to identify US made 1934 junk dollars. In general, there are two versions of the US mint 1934 junk dollars, the "Philadelphia", and the "Taiwan restrikes". The Taiwan restrikes are likely to be made in the USA during 1949 while the Philadelphia ones were made in the 1930's till around 1945-46.

Here are the features for the Philadelphia strike:
-Pimples.
-Wide rim.
-ribbon behind neck (some of them).

Here is an example of the "Philadelphia" version of the 1934 junk dollar:


Chinese-Junk-Dollars-Struck-At-US-Mints

Here is the pimple feature:


Chinese-Junk-Dollars-Struck-At-US-Mints

Near where the nose is pointed at there is a pimple, there is also a pimple right between the Chinese "2" character. These are the best identifying features for the US mint version.

In addition, the rim is really thick compared to the non-restrike central mint versions

Chinese-Junk-Dollars-Struck-At-US-Mints

Left is the US mint, right is non-restrike central mint.

The second image is another "Philadelphia" mint though it is a earlier strike because the ribbon is still intact.

Chinese-Junk-Dollars-Struck-At-US-Mints

You can see the ribbon on the right side of the bust on the neck. That is actually a strikethrough of the ship's design. This only exist in earlier strikes when the dies are fresh.

"Taiwan restrike"

The Taiwan restrikes were a result of the Nationalist retreating to Taiwan and brought with them the last baatch of 1934 junk dollars that were either made in Shanghai during 1948-1949 or were made in the US in 1949. Their first appearance in the market was in 1999 when 6,000 coins were sold in batches. Due to the long time they were sealed in boxes nearly all of them are in high grade blast white condition.

Features of the "Taiwan restrikes" are:
-Thick rim.
-curved waves.
-no pimples.
-blast white (least reliable).

Image below is a "Taiwan restrike" version:
Chinese-Junk-Dollars-Struck-At-US-Mints

Apart from the previously mentioned thick rim, there is also no pimples that is part of the "Philadelphia" version.

In addition, the Taiwan restrike version also has waves that caved inwards as shown in this image:

Chinese-Junk-Dollars-Struck-At-US-Mints

Left is a Taiwan restrike, right is a central mint restrike.

For both the "Philadelphia" strike and the "Taiwan restrike", you must take into account all these features to make an educated guess because there are many variations of these features. However the features I mentioned above are the best features for identification.

At the end of writing I realized I should have made it a new post rather than answering a question, but too late I suppose.
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