Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Communist Issues - Dawn of the People's Republic of China
>
Reply to Thread
Message:
<p>[QUOTE="Loong Siew, post: 2585354, member: 75799"]Soviet Republic of China. Shaanxi -Szechuan Silver Dollar. 1937. EF. Ex-Baldwin's. </p><p><br /></p><p>Obv: The Soviet Hammer & Sickle symbol on top of the map of China on the world. Over arching slogan inciting all landless people around the world to rise up.</p><p><br /></p><p>Rev: 1 Yuan. Soviet Republic of China </p><p><br /></p><p>Whilst the Nationalists held central power under Chiang Kai-Shek, the Communist Party under the leadership of Mao Zedong held autonomous controls over parts of China in poorer provinces such as Shaanxi, Sichuan etc. To establish semblance of a legitimate government, the Communists issued their own currency for circulation and trade within territories under their jurisdiction and neighbors. Amongst these include the elusive Soviet Chinese Silver Dollar particularly for trade purposes instead of intended mass circulation. Given the primitive nature of their technology and scarcity of resources as a result of Japanese and Nationalist aggression, their mintage are not only crude but also very scarce especially the higher value coins such as the silver dollar. </p><p><br /></p><p>Unfortunately for the Communists, when they attempted to consolidate their government and introduction of these independent currencies, they were severely routed by the Nationalist armies of Chiang Kai-Shek forcing them to embark on the historically significant Long March within the same year (1937) with severe casualties. As a result all minting was stopped and many already scarce existing issues were either destroyed, confiscated or melted. </p><p><br /></p><p>With the victory of the Communist Party after the war and the birth of the People's Republic of China, these Soviet Chinese issues have become extremely collectible and significant as they reminded the PROC of today their birth, history, defeats and subsequent triumph up till today.</p><p><br /></p><p>[ATTACH=full]561973[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Loong Siew, post: 2585354, member: 75799"]Soviet Republic of China. Shaanxi -Szechuan Silver Dollar. 1937. EF. Ex-Baldwin's. Obv: The Soviet Hammer & Sickle symbol on top of the map of China on the world. Over arching slogan inciting all landless people around the world to rise up. Rev: 1 Yuan. Soviet Republic of China Whilst the Nationalists held central power under Chiang Kai-Shek, the Communist Party under the leadership of Mao Zedong held autonomous controls over parts of China in poorer provinces such as Shaanxi, Sichuan etc. To establish semblance of a legitimate government, the Communists issued their own currency for circulation and trade within territories under their jurisdiction and neighbors. Amongst these include the elusive Soviet Chinese Silver Dollar particularly for trade purposes instead of intended mass circulation. Given the primitive nature of their technology and scarcity of resources as a result of Japanese and Nationalist aggression, their mintage are not only crude but also very scarce especially the higher value coins such as the silver dollar. Unfortunately for the Communists, when they attempted to consolidate their government and introduction of these independent currencies, they were severely routed by the Nationalist armies of Chiang Kai-Shek forcing them to embark on the historically significant Long March within the same year (1937) with severe casualties. As a result all minting was stopped and many already scarce existing issues were either destroyed, confiscated or melted. With the victory of the Communist Party after the war and the birth of the People's Republic of China, these Soviet Chinese issues have become extremely collectible and significant as they reminded the PROC of today their birth, history, defeats and subsequent triumph up till today. [ATTACH=full]561973[/ATTACH][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Communist Issues - Dawn of the People's Republic of China
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...