Catalog
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| Issuer | Bank of Taiwan (臺灣銀行) |
|---|---|
| Year | 1960-1980 |
| Type | Log in to see details |
| Value | 1 Yuan |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| 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.