The Historical Background of the Issuance of Copper Dollars in the Republic of China
In the 24th year of the Republic of China (1935), the national government abolished the silver standard system, issued a legal order to gradually prohibit the circulation of silver and nationalized silver. In the 24th year of the Republic of China, a new currency was issued to replace the silver dollar with a new version of nickel.
The material of Sun Xiang nickel coins is relatively special. In the early days of the Republic of China, nickel was a very precious special material. It was mixed with copper to make coins. It was very bright, like the color of silver coins, and had strong magnetic properties.
Since the implementation of fiat currency on November 4, 1935, Sun Xiang nickel coins came into being along with fiat currency. The Sun Xiang nickel coin is a subsidiary coin of the French currency. The front is the profile portrait of Mr. Sun Yat-sen and the year of the Republic of China, and the back is the cloth coin map and the face value. The coin was minted in 1942, stopped in 1943, and was withdrawn from circulation in 1949.