Taiwan, Republic of China 10 New Dollars 1999

History

10 New Dollars 1999, Y# 558, Taiwan, Republic of China, 50th Anniversary of New Taiwan Dollar

Obverse. Photo © NumisCorner.com

Description

The New Taiwan dollar was first issued by the Bank of Taiwan on June 15, 1949, to replace the Old Taiwan dollar at a ratio of 40,000 to one. The first goal of the New Taiwan dollar was to end the hyperinflation that had plagued Nationalist China due to the Chinese Civil War. The New Taiwan dollar is often abbreviated as NT, NT$, or NT dollar.

Obverse	Coin, banknote Coin Depicts a stack of 11 Taiwanese coins, the 88th year of the Republic and the state name (Republic of China) above. Following the Chinese imperial tradition of using the sovereign's era name and year of reign, official Republic of China documents use the Republic system of numbering years in which the first year was 1912, the year of the founding of the Republic of China. 年八十八國民華中
Reverse	Coin, banknote Spade money Value divides 10 shapes of ancient Chinese coins (Spade money). Dates and inscription "The 50th Anniversary of the Issuance of the New Taiwan Dollar" above. Spade money was an early form of coin used during the Zhou dynasty of China (1045 to 256 BC). Spade money was shaped like a spade or weeding tool. Under the Xin dynasty created by Wang Mang spade money was reintroduced, there were 12 different types of spade money in the Xin dynasty ranging in values from 100 to 1000 qián 念紀年週十五行發幣台新 1949-1999 圓拾 10
Edge	Reeded (milled)

10 New Dollars

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1999 Taiwan, Republic of China

50th Anniversary of New Taiwan Dollar

Y# 558

Characteristics

Type	Commemorative Issue (Circulating)
Material	Copper Nickel
Weight	7.5 g
Diameter	26 mm
Thickness	1.8 mm
Shape	round
Alignment	Medal
Mint	Central Mint of China (CMC)