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Buying and selling Yuan Shikai One Yuan Commemorative Coins from the Founding of the Republic of China | Gu Jin Jian Bao
Buying and selling Yuan Shikai One Yuan Commemorative Coins from the Founding of the Republic of China | Gu Jin Jian Bao
The Yuan Shikai Founding Commemorative Coin is one of the extremely rare and important pattern coins from the Republic of China era. This pattern coin was issued in 1912, during the early days of the Republic. The portrait on the coin was once mistakenly identified as warlord Cheng Dequan of Suzhou. For Chinese coin collectors, the Yuan Shikai Founding Commemorative Coin has always been considered a mysterious coin. Its mysterious nature lies in the fact that its minting location and time are unclear, and the identity of who ordered its minting and the prototype of the portrait on the coin are also unknown. The coin's design clearly follows the style of the Sun Yat-sen and Li Yuanhong Founding Commemorative Coins of 1912. The obverse features a three-quarter portrait of a man, with a double border, floral and leaf motifs on both sides, and the four characters"Zhong Hua Republic of China"(Republic of China) inscribed. Below are the five characters"Kai Guo Ji Nian Bi"(Founding Commemorative Coin). The reverse features the vertical inscription"Yi Yuan "(One Yuan) in the center, flanked by auspicious grains (Jiahe), also with a double border. The English inscription"THE REPUBLIC OF CHINA"is engraved at the top of the rim, and"ONE DOLLAR"is at the bottom. The design and inscriptions on both the obverse and reverse of this coin imitate the 1912 Li Yuanhong and Sun Yat-sen Founding Commemorative Coins, with only the portrait being different and the English part on the reverse not separated by stars.
Yuan Datou Founding Commemorative Coin Collection Value and Auction Trends
Beyond its enigmatic historical background, this "Yuan Datou One Yuan Republic of China Founding Commemorative Coin" is a prized rarity fiercely sought after by top collectors in today's antique coin auction market. As it is an unissued "pattern coin," its surviving quantity is extremely scarce, making it far rarer than common Yuan Datou coins from the third, eighth, or ninth years of the Republic. In recent high-end coin auctions both domestically and internationally, such transitional silver coins with unique historical significance have repeatedly set new price records. For collectors seeking Yuan Datou One Yuan buyback price evaluations, these special varieties often command significant premiums, truly making them the "dark horses" of the numismatic world.
A Must-Have for Collectors: Guide to Authenticating Republic of China Founding Commemorative Coins
With a proliferation of high-quality counterfeits on the market, to protect your interests and improve the accuracy of silver dollar authentication, we have compiled the following professional guide for identifying genuine coins, helping you master the art of discernment through fine details:
| Authentication Criteria | Characteristics of Genuine "Founding Commemorative Coin" | Characteristics of Modern Replicas/Counterfeits |
| Weight and Material | Standard Kuping seven mace and two candareens, weight around 26.6g - 26.8g, high density pure silver. | Weight is often too light or too heavy, frequently made of copper-nickel alloy plated with silver, incorrect density. |
| Edge Milling Process | Precise machine-milled edges, consistent depth, uniform reeding, smooth transition without sharpness. | Edges are often post-pressed or filed, stiff with inconsistent depth, sharp edges. |
| Patina and Toning | Formed naturally over a hundred years (e.g., old colorful patina, black lacquer), with soft color transitions and strong adhesion. | "Fake patina" rapidly created with chemicals, color floats on the surface, lacks depth, and has an unusual smell. |
| Lettering and Strike | Strong machine strike, firm English letters and Chinese characters with distinct beginnings and endings, flat field without pitting. | Weak and indistinct lettering, blurred or connected edges, visible casting pores or pitting under magnification. |
| Sound upon Tapping | Clear and prolonged sound with a soft, lingering silver tone. | Dull and muffled sound (high lead-antimony content) or extremely harsh (high copper content), short reverberation. |
Four Core Factors Affecting the Buyback and Grading Price of Old Silver Dollars
When conducting high-value silver dollar buybacks or auction consignments, even for commemorative coins of the same variety, their actual value can vary significantly due to the following factors. Understanding these coin grading standards can help you more accurately estimate the value of your collection:
- Condition: This is the lifeline that determines the price. The degree of wear on the coin's design, presence of circulation marks, chop marks, or repair traces, all directly affect the final pricing. The price difference between uncirculated (UNC) and circulated (XF/VF) conditions can range from several times to dozens of times.
- Original Luster Retention: Silver coins that retain their original mint luster after a hundred years are extremely rare. Coins with original luster often achieve high scores in PCGS or NGC international grading and are one of the most important indicators for high-end buyers.
- Variety Details: Although this coin itself is a rare pattern coin, if there are subtle variations in die characteristics (such as the thickness of the characters or the details of the auspicious grains), it may become a unique piece in the eyes of specialized collectors.
- Surface Maintenance: Professional old silver dollar maintenance emphasizes "originality." Avoid privately cleaning silver coins with brass polish, toothpaste, or acidic liquids. "Cleaned coins" with damaged historical patina will see their market value significantly reduced. We recommend keeping them as-is and entrusting them to professional institutions for non-destructive authentication.
If you have similar family heirloom silver coins and are unsure of their specific variety and market value, please feel free to contact Gu Jin Jian Bao for professional services.
Gu Jin Jian Bao is a local antique coin and antique buyback shop specializing in the authentication and valuation of silver dollars, banknotes, gold jewelry, and other collectibles. To find out the value of your collection, simply WhatsApp 98342057 with photos. Every transaction involves on-site inspection and immediate quotation, ensuring no hidden price reductions.
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The authenticity, condition, and variety of silver coins all affect their buyback price. Please WhatsApp 98342057 with photos for an inquiry. Gu Jin Jian Bao experts will authenticate each coin individually, never giving a general bulk valuation. Browse All Buyback Products.

Frequently Asked Questions (FAQ)
Recycling process
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1) Clients should first provide basic information about their collections via WhatsApp (852) 98342057. You can also contact us directly via this link.
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2) We will provide a preliminary quote after receiving your information.
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3) Both parties agree on a time and place (on-site inspection is available) to inspect the collection. We will provide a precise quote based on the actual condition of the collection.
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4) Confirm the sale and make payment in various forms such as bank transfer or cash.
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