China, Republic 1 Yuan year 9 (1920) President 'Yuan Shih-kai'

The 1 Yuan coin from the Republic of China dated to year 9 (1920) features President Yuan Shih-kai, a pivotal figure in early 20th century Chinese history. Yuan Shih-kai briefly served as the first formal president of the Republic of China after the fall of the Qing Dynasty. Coins bearing his portrait were minted during this transitional period when the new republic sought to establish stable currency replacing imperial coinage. The 1 Yuan denomination reflects the Chinese monetary system modeled after the silver dollar standard, which became prominent during this era. Such coins are significant for illustrating China's efforts to modernize its economy and political structure amid internal turmoil. Collectors value these pieces for their historical representation of Yuan’s presidency and the early republican period's monetary reform.