2020 1 oz China Kwangtung Dragon Dollar Eight .999 Gold Restrike Premium Uncirculated
**Product Description** LPM is proud to present the 8th and final release in our China's Famous Vintage Coin Series. **Product Highlights** - Contains 1 oz of .999 fine gold - Plain Edge with the year, weight and purity laser etched in the rim - Each coin comes with an individual capsule in mint sealed sheets - Limited mintage of 100 - One of the most valuable and sought-after Chinese numismatic design **Story** The dollar was among the first milled coinage produced in Imperial China at the Kwangtung Mint. Its output was intended to replace the Spanish and Mexican 8 reales circulating in the country. To this end, these coins were at a slightly higher silver content than the foreign interlopers. Unfortunately Gresham’s Law kicked-in and the new heavier dollars were promptly hoarded or melted-down. Despite the failure of these dollars to achieve their desired end, their design provided the standard for issues from all Chinese provinces during 1890-1907.