China’s long and rich history stretches back over 5,000 years, and with it comes an equally extensive legacy of currency.
Chinese civilization was one of the first in the world to mint coins, and while ancient examples are mostly found in museums, modern Chinese coins can still fetch staggering amounts in the collectibles market.
Some of these rare coins are worth millions, turning coin collectors into potential treasure hunters.
Here are 12 rare and valuable Chinese coins that you might come across, and their estimated worth based on top conditions:
1. China-Kweichow 1928 Auto Silver Dollar
The China-Kweichow 1928 Auto Silver Dollar was minted under the order of a provincial governor. The exact location of its minting is still debated by experts—some suggest it was minted in Szechuan, while others believe it was created using stolen equipment in Kweichow.
Regardless of its origins, this unique coin sold for around $93,000 in 2018 at an auction in Britain. In top condition, its value could be even higher.
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2. China-Chekiang 1902 20 Cents Silver Proof
This coin, minted in Birmingham, UK, for the Chinese government, features an intriguing “drunken dragon” design. Though produced in multiple denominations, only a few of these coins remain.
One version sold for $88,000, and its scarcity continues to drive up its value. Even rarer silver dollars from the same series could exceed $1 million at auction.
3. China-Heilungkiang 1896 50 Cents Brass Pattern
The Heilungkiang coin is one of the few brass coins created with dies made by German engraver Otto Beh. These coins are incredibly rare and highly sought after by collectors.
One brass 50-cent piece sold for $140,000, with experts predicting that well-preserved examples could reach even higher prices.
4. China-Kiangnan 1897 20 Cents Silver Pattern
Another coin produced by the Heaton Mint, the Kiangnan 1897 20 Cents Silver Pattern is highly prized among collectors. Its rarity and unique design make it an exceptional find.
A high-grade version was auctioned for $78,000, and prices may rise as these coins become harder to find.
5. Republic of China 1916 Yuan Shi Kai One Dollar Silver (Hat Touching Brim)
This mysterious coin was minted under Yuan Shi Kai’s reign, although the exact date remains unclear. Its unique feature is the depiction of Yuan Shi Kai with his hat touching the brim of the coin. With sales reaching over $500,000, this coin is a favorite among collectors.
6. Republic of China 1916 Yuan Shi Kai One Dollar Silver (Flying Dragon)
Coins from the Yuan Shi Kai series are some of the most collectible. The 1916 Flying Dragon version, with its rare “clear space” above Yuan Shi Kai’s hat, is a particularly valuable find. In 2018, this coin sold for a base price of $520,000, with auction premiums pushing the final sale price to $650,000.
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7. Republic of China 1929 S.Y.S Globe Dollar Silver Pattern
This coin was the first in China to feature a globe in its design. The S.Y.S Globe Dollar is incredibly rare, with only a few known to exist. In 2016, one of these coins sold for nearly $500,000 at auction, including buyer premiums.
8. Republic of China 1912 Yuan Shi Kai One Dollar Brass
This brass coin also carries a debated portrait. Some experts believe it features a former provincial governor, while others think it depicts a military official. Despite the uncertainty, a high-grade version sold for $345,000 in 2015, cementing its place among the most valuable Chinese coins.
9. Republic of China 1914 Yuan Shi Kai One Dollar Silver with Signature
One of the most famous Chinese coin engravers, L. Giorgi, created this beautiful silver dollar. His signature on the coin adds to its value, with one version selling for $420,000 in 2021.
10. Republic of China 1932 Sun Yat Sen Gold Standard 10 Cents Silver Pattern
The Shanghai Mint produced this coin featuring Sun Yat Sen’s image. Known as the “gold standard” 10-cent piece, it fetched more than $260,000 at auction in 2021, a price that included a hefty buyer’s premium.
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11. Republic of China 1927 Chang Tso Lin Silver Dollar
This rare silver dollar features Chang Tso Lin, a significant Chinese warlord. In April 2022, it was sold at auction for a stunning $2.125 million, making it the most valuable coin on this list.
12. China 1867 Shanghai Tael — With Rays
This coin from 1867 was minted in Hong Kong, featuring symbols from both Chinese and British cultures. The design was ultimately rejected by Chinese officials, leading to the melting down of most of these coins. However, a few coins survived, with one fetching $1.99 million at auction.
Conclusion:
While the chances of stumbling across one of these valuable Chinese coins are slim, the stories behind them are fascinating.
Collectors are willing to pay top dollar for these pieces of history, with some coins fetching millions. Whether you’re a seasoned numismatist or just curious, these coins are a testament to China’s rich cultural and economic heritage.