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<p>[QUOTE="willieboyd2, post: 4317491, member: 4910"]<img src="http://www.brianrxm.com/posts/post_mexico_peso01_1898_restrike_cir.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>Mexico Peso 1949 Restrike of 1898 peso</p><p><br /></p><p>During the summer of 1949 the San Francisco Mint struck 2,000,000 and the Mexico City Mint struck 8,000,000 copies of the Mexico Peso dated 1898 for use in China.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>The Communists took over China before most of the coins could be shipped there and so they weren't needed in China.</p><p><br /></p><p>Some of the Mexico City restrikes were sold in Mexico and all now for sale are from the Mexico City mintage.</p><p><br /></p><p>All of the San Francisco restrikes were kept at that city's Bank of America and then shipped back to the mint to be melted.</p><p><br /></p><p>There is more information about these coins on my (signature line) website.</p><p><br /></p><p><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="willieboyd2, post: 4317491, member: 4910"][IMG]http://www.brianrxm.com/posts/post_mexico_peso01_1898_restrike_cir.jpg[/IMG] Mexico Peso 1949 Restrike of 1898 peso During the summer of 1949 the San Francisco Mint struck 2,000,000 and the Mexico City Mint struck 8,000,000 copies of the 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. The Communists took over China before most of the coins could be shipped there and so they weren't needed in China. Some of the Mexico City restrikes were sold in Mexico and all now for sale are from the Mexico City mintage. All of the San Francisco restrikes were kept at that city's Bank of America and then shipped back to the mint to be melted. There is more information about these coins on my (signature line) website. :)[/QUOTE]
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