Digital museum showcasing the collection of worldwide legends over the years! 千古不朽博物館展示多年來收藏的世界傳奇故事!
ROC
One Yuan
ROC era 38
Xinjiang Province
民國
壹圓
民國三十八年
新疆省造
Item number: A1902
Year: AD 1949
Material: Silver
Size: 39.2 x 39.2 x 2.2 mm
Weight: 25.9 g
Manufactured by: Xinjiang Provincial Mint
Provenance: Da Chen Stamps and Coins Collection 2015
This is a silver coin with a face value of one yuan, minted by the Xinjiang Provincial Mint in the provincial capital, Dihua (now Urumqi), under the commission of the Xinjiang Provincial Government. It was issued on May 20, AD 1949 (Republic of China Year 38) as part of an effort to reintroduce the silver standard in response to severe inflation within the province.
The obverse side of the coin features a circular beaded border, with the central area displaying the vertically inscribed Chinese characters “壹圓” (one yuan), flanked on both sides by tied stalks of grain. Surrounding the denomination, plum blossoms—the national flower of the Republic of China—serve as decorative dividers on the left and right. The upper edge bears the inscription “新疆省造幣廠鑄” (Minted by the Xinjiang Provincial Mint), while the lower edge displays the issuance year, “民國卅八年” (Republic of China Year 38).
The reverse side of the coin features two beaded borders. At the centre, an inner circular area displays the Arabic numeral “1” alongside the Uyghur script “دوللار” (Yuan). The outer ring bears an inscription in Uyghur at the top, denoting the minting authority as “شڭ جاڭ اولكە لك فل قويوش زاۋوتيدە قو يلدى” (Minted by the Xinjiang Provincial Mint). The lower edge features the Gregorian year “1949,” presented in an openwork Arabic numeral style.
In the summer of AD 1949, following the Nationalist government’s decisive defeats in the three major battles of the Chinese Civil War, its downfall became inevitable. Beyond military collapse, the economic situation deteriorated further due to the failed issuance of the Gold Yuan, exacerbating hyperinflation. Even in the remote western frontier of Xinjiang, the effects were severe, leading to the issuance of the highest-denomination banknote in Chinese history—sixty billion yuan. To combat this crisis, Xinjiang Provincial Governor Burhan announced the restoration of the silver standard and the issuance of a one-yuan silver coin on May 20. However, as Communist forces advanced toward Xinjiang, Burhan and the region’s military commander, Tao Zhiyue, declared their peaceful acceptance of Communist rule on September 25 of the same year.
After the establishment of the People’s Republic of China, this silver coin continued to be issued for a period with the Republican era inscription replaced by the Gregorian calendar year. It remained in circulation until October 1, AD 1951, when the introduction of Renminbi banknotes featuring Uyghur script led to its withdrawal and discontinuation.