NGC Now Recognizes China (1920) Hainan Dollar Variety

Posted on 11/10/2015

NGC has begun to identify and certify Hainan-issue China Year 9 (1920) Yuan Shih-Kai silver dollars.

In 1949, the Chinese government re-issued both silver yuan notes and earlier silver dollars for circulation. The silver dollars that were re-issued include many different designs, but the Yuan Shih-Kai (the so-called “Fat Man”) issues were most prevalent. These re-issues were made in different provinces and comprise many of the distinctive varieties that are collected and have greater value within this series today.

Original China Year 9 (1920) Yuan Shih-Kai Silver Dollar
Click images to enlarge.

The Year 9 (1920) Yuan Shih-Kai dollar that is considered to be from the Hainan province is believed to have been minted from dies manufactured in Guangzhou, Guangdong (Kwangtung) China. These coins, while dated Year 9 (1920), were actually produced in 1949 and circulated as regular currency until the fall of the Republic on mainland China.

(1949) China Year 9 (1920) Hainan-issue Yuan Shih-Kai Silver Dollar
Click images to enlarge.

The Hainan 1949 Yuan Shih-Kai dollar is significantly different than the original Central Mint (Tianjin) issues of 1920 Yuan Shih-Kai dollar. The obverse and reverse, including the bust, wreath, and lettering, is different and can best be described as mushy, blurry, and flat. The luster of the issue is also very different–flat, not flashy.

This variety has been known by collectors for some time in China and will now be attributed by NGC automatically when received for authentication and grading.

Stay Informed

Want news like this delivered to your inbox once a month? Subscribe to the free NGC eNewsletter today!


You've been subscribed to the NGC eNewsletter.

Unable to subscribe to our eNewsletter. Please try again later.

Articles List

Add Coin

Join NGC for free to add coins, track your collection and participate in the NGC Registry. Learn more >

Join NGC

Already a member? Sign In
Add to NGC Coin Registry Example
The NGC Registry is not endorsed by or associated with PCGS or CAC. PCGS is a registered trademark of Collectors Universe, Inc. CAC is a trademark of Certified Acceptance Corporation.