The Chinese Silver Dragon Coins serves as one of the few coins in which people identified China and its flourishing economy with, being one of the first few silver coins to have ever been produced back in 1889. It has been recognized, for centuries, to be one of the oldest coins to have ever been produced, designed, and distributed throughout the country as official currency.
This was when the 1st modern coining press was introduced and imported into China and from there the coins were circulated and had the value of 7 Mace and 2 Candareens. These two values were what the people then began using as standard units for silver, which were measurable by weight.
If you’re going to look for exact authentic Chinese Silver Dragon Coin, it is important that you remember the different characteristics of these silver coins. A real Chinese silver dragon coin would usually have a weight measurement of 27.4 grams with an amount of 0.78 ounce of silver.
The design encompasses a Chinese dragon engraved in the center with the words 7 Mace and 2 Candareens at the bottom of the image. On top of the dragon is the Hu-Peh Province, which most historians believed to be the place where the coins were made. These coins were circulated between 1898 and 1905 and were popularly known as Kiang-Nan bucks and would usually cost many hundred greenbacks when purchased from a credible coin dealer or collector.
With such great history these coins, of course, are bound to sprout fakes in the many markets around China as well as around the globe. The price of fake coins would generally range from 3 RMB to US $10-15 when purchased thru a web auction site, as an instance. If it’s the authentic Chinese Silver Dragon Coin that you’re looking for, an alternative way to differentiate is the crude weight, which is unusually heavy.
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