2021 Modern Chinese Trade Dollar 1oz Silver Proof Coin NGC PF 69 UCAM

$130.00

Item specifics
Year of Issue:2021
Issuing Country:St. Helena
Weight:1 oz
Composition:.999 Silver
Mintage:1,000
Denomination:1 Pound
Finish:Proof
Diameter:38.6 mm
Certification:NGC
Grade:PF 69 UCAM

The East India Company now offers a modern interpretation of the historic Chinese Trade Dollar in 2021. Following its successful Trade Dollar Series, the East India Company resumes this popular design concept with a new design for the Chinese Trade Dollar.

Trade Dollars emerged in the Asia-Pacific region during the 16th century. The expansion of the Spanish Empire in the region resulted in a rise in the use of the Spanish silver dollar as a standardized form of currency for international trade between nations and economies meeting for the first time. Over the next several centuries, Britain, France, Japan, the United States, and China all issued their own trade dollars to facilitate easier trade between various nations in the region. One of the last trade dollars issued was the Chinese Trade Dollar.

Queen Elizabeth II features on the obverse of 2021 Chinese Trade Dollar Silver Coins. Her Majesty is shown here in a design known as the fifth-generation British effigy of the Queen. Created in 2015 for the Royal Mint by Jody Clark, this design is now popularly used throughout British Overseas Territories and Commonwealth Nations. The right-profile bust captures the Queen aged 89.

A Chinese dragon is found in the reverse design of the 2021 1 oz Chinese Trade Dollar Silver Coin. This modern reimagining of the late-19th century trade dollar from China shows a powerful Chinese dragon as it encircles the globe. The original Chinese Trade Dollar was devised by Cixi, the Empress Dowager of China, in 1889. She assumed the throne of the Chinese Empire following the death of her husband, the Emperor Xian Feng in 1861. The original coins featured a Chinese dragon with the weight of the silver coin stamped in English lettering.