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1 Yuan - Guangxu

Issuer Hupeh Province
Year 1895-1907
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Value 1 Yuan
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Obverse script Chinese, Manchu
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Reverse lettering HU-PEH PROVINCE 7 MACE AND 2 CANDAREENS
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Additional information

Hupeh Province was one of the first Chinese provincial mints to receive Western coin-press machinery, largely through the initiative of Zhang Zhidong, the Governor-General who pushed the Qing court to modernize provincial coinage in the 1890s. The resulting output was enormous — Hupeh struck hundreds of millions of silver dollars across this period, which is why genuine survivors in high grades are scarcer than their total mintage implies.

The Y#127.1 variety is distinguished from the broader Hupeh dollar series by specific legend and rosette differences catalogued by Kann. Excessive striking from heavily used dies was chronic at Wuchang, and coins showing significant die fatigue in the fields are well documented within this type.

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