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1 New Dollar

Issuer Bank of Taiwan (臺灣銀行)
Year 1960-1980
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Value 1 Yuan
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Obverse script Chinese
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Mint Central Mint of Taiwan (中央造幣廠), Taoyuan, Taiwan (1976-date)
United States Mint of Denver, United States (1906-date)
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Additional information

Taiwan's New Dollar coinage was introduced in 1949 alongside the New Taiwan Dollar currency reform, a deliberate stabilization measure after hyperinflation had rendered the Old Taiwan Dollar effectively worthless — at a conversion rate of 40,000 to one. The Bank of Taiwan, rather than a government mint authority, served as issuer because the ROC's central banking functions remained legally complicated by the mainland political situation. Coins of this type were struck across a long production window with minimal design changes, and the nickel-brass composition was selected partly for its resistance to the humid subtropical climate of the island.

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