San Francisco Mint 1949 restrike of Mexico 1898 silver peso

WillieBoyd2

I revised my article on these odd coins and here it is again.
I managed to obtain some more examples of these coins.

In 1949 the San Francisco Mint struck 2,000,000 and the Mexico City Mint
struck 8,000,000 copies of a Mexico Peso dated 1898 for use in China.

These were made for the Chiang Kai-Shek Nationalist government (Kuomintang),
which was losing it's war with the Chinese Communists. The Nationalists
needed the silver to pay their soldiers who would no longer accept paper money.

The dollar-size Mexico silver 8 reales and peso coins were used extensively in
China as "trade dollars" in the 19th and early 20th centuries, so the Chinese
people and merchants were familiar with them.

sumnom

Very interesting indeed. I did not know about these.

BBQnBLUES

Neither were I familar with this coin... Thanks for posting the link.

MrEureka

Although all of the SF coins are said to be melted, perhaps some survived.

And although SF used dies provided by Mexico City, it's possible that the collars were different. It might be interesting to make a study of the edges of these coins.