"Yuan big head" was one of the main currencies in circulation during the Republic of China. "Yuan big head" was a colloquial name for Yuan Shikai's series of COINS.
After the Revolution of 1911, Yuan Shikai assumed the post of temporary President and later became the official President. At that time, in order to consolidate the domestic political stability, develop the national economy, and prepare for the "constitution" and "claim to be emperor", he issued the "Regulations on National currency" and resolutely decided to "unify the currency system" in the whole country.
"Yuan Big head" in money collecting is called the treasure of silver, it is nearly one thousand kinds of modern China was widely circulated, influence of silver in silver varieties, and is also an important role in the monetary system reform in modern China, because it is real money, between the people's recognition of the yellow metal, strong sense of identity and the history and culture, so the collection of people. "Yuan Big head" liquidity is relatively strong, which is also one of the factors collectors value, "money" a good view.
On February 7, 1914 yuan shikai in the form of big presidential decree announced the regulations on the national currency and the national currency regulation enforcement rules, its main content is prescribed coin manufacturing distribution rights owned by the government of the republic of China, the original bureau casting issue each officer, a silver, by the government of the republic of China to exchange and remold, in a certain period of time, admitted that their value is equal to the value of one yuan coin. The national currency material is the main currency is one yuan silver, its weight is kuping sterling silver 6 cents 8 percent. Material is silver to hold 89%, copper holds 17%, tin holds 1%, set national coin kind has silver coin 4 kinds, (1 yuan, medium yuan, two jiao, one jiao), nickel coin one kind (5 cent), copper coin 5 kinds (2 yuan, 1 cent, 5 centimes, 2 centimes). Carrying Yuan Shikai on the front, the profile head and issuing date on the side, and golden Grain and currency on the back. In the same year, the “National currency Regulations” was first made in tianjin mint “Yuan Big Head” silver dollar, and then in Nanjing, Guangdong Wuchang and other coinage factories have been made.
Since the promulgation of the National Coin Regulations, the Tianjin Mint began to mint 1 yuan silver, and later, nanjing, Guangdong, Wuchang and other mints also began to mint and issue 1 yuan silver. As the 1-yuan silver coin was regular in shape, novel in design, clear in weight and color, and easy to recognize, it was quickly accepted by the common people and circulated throughout the country. As the one yuan silver coin had the same shape, strict rules on its color and weight, it was soon recognized and accepted by the society. It gradually replaced the Longyang coin of the Qing Dynasty in the domestic financial market and became the main currency in the circulation field。