Saturday, September 27, 2014

2005 China 1 Jiao, Steel

Apparently there is a copper-nickel and stainless steel version of this coin. In 2005 the Chinese government replaced the more expensive copper-nickel mix with the cheaper stainless steel. This is a trend all governments eventually do, maybe even the U.S. soon.

As far as I can tell the design did not change it still has the ZHONGGUA RENMIN YINHANG country name, the orchids, the date, and YI JIAO denomination.

Not afraid to change metals this coin has been issued in aluminum, stainless steel, and copper-nickel. So which ever metal is cheapest gets used.

Here's the stats for both coins...
Type/Country: 1 Jiao / People's Republic of China
Year: 2005
Mintage: Not yet known.
Metal: Stainless Steel
Value: $0.10 in XF

Do you have a Chinese coin and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

2 dollars worth, for Comments/Questions click here.:

Anonymous said...

2005 chrysanthemum China coin Yi Yaun? I remember someone in 2006 at Sotheby's International Auction had sold it for $1million. On the side of the coin it says RMB and on the opposite of the Yi Yaun is ZHONGGUO RENMINBI YINHANG. How much is this one and 2006 coin of the same design worth please?

Man said...

2005 chrysanthemum China coin Yi Yaun? I remember someone in 2006 at Sotheby's International Auction had sold it for $1million.

About $0.10 each

Never heard of this auction.
China 1898 Hunan Pattern Silver Dollar
1910 Yunnan Spring Dollar
1992 Compass 2,000 Yuan Gold Kilo
These are the only $1 million or more Chinese coins