Today’s coin is in great condition:
Taiwan, 1 yuan, 1981 (Y #551)
The nation we call Taiwan considers itself the successor state of the Republic of China, literally a direct continuation of said nation. The obverse of this coin depicts Chiang Kai-shek, the dictator who led the Chinese republic from the 1920s until his death in 1975, presiding over the Japanese invasions of the 1930s, World War II, and the retreat to Formosa after defeat in the Communist Revolution of 1949.
The Taiwanese use the Republic calendar, which has as its epoch the foundation of the Republic of China in 1912. (The Republican calendar enters its second century in 2011.) The date on this coin is written above Chiang on the obverse; the numerals used are very similar to Japanese numerals. The text reads from right to left, and the characters between the leftmost and four-rightmost characters give the Republic date, the number of years that have elapsed since 1912. On today’s coin, “+ t” means 70, corresponding to 1981 on the Gregorian calendar. That was the year that this particular coin design was introduced, and it still remains in production today. It is worth about 3.4 cents USD.
I’m still not sure if the Taiwanese currency is called the dollar or the yuan, as I’ve seen both in use.
Metal Bronze (Cu 92%, Ni 6%, Al 2%)
Weight 3.8 g
Diameter 20 mm
Thickness 1.57 mm
Orientation Medal alignment