The 1949 Mexico 1898 Peso Restrike (San Francisco Mint)

The 1949 Mexico 1898 Peso Restrike (San Francisco Mint)

I revised my article on these odd coins and here it is again.
I managed to obtain some more examples of these coins.

In 1949 the San Francisco Mint struck 2,000,000 and the Mexico City Mint
struck 8,000,000 copies of a Mexico Peso dated 1898 for use in China.

These were made for the Chiang Kai-Shek Nationalist government (Kuomintang),
which was losing it's war with the Chinese Communists. The Nationalists
needed the silver to pay their soldiers who would no longer accept paper money.

The dollar-size Mexico silver 8 reales and peso coins were used extensively in
China as " Trade dollars" in the 19th and early 20th centuries, so the Chinese
people and merchants were familiar with them.