民国绝版试铸名品｜十八年孙中山三帆壹圆银币 百年传世珍稀重器

English：Republic of China Out-of-Print Trial Treasure｜1929 Sun Yat-sen Three Junks One Dollar Silver Coin, Centennial Rare Masterpiece

一、藏品简介：民国机制银币顶级名珍｜Overview: Top Rare Treasure of Republic of China Machine-Made Silver Coins

中文：本品为中华民国十八年（1929年）孙中山正面三帆船壹圆银币，属于民国国民政府官方试铸样币序列，是近代钱币收藏体系中公认的殿堂级名品。区别于市面常见的二十三年双帆船洋，此币为民国早期改版试铸版本，当年并未正式大批量流通发行，仅少量试铸存档、审核备案。历经百年岁月冲刷，完整传世、原味无伤的真品存世量极度稀缺，是高端机制币藏家专项收藏、系列补齐、藏品升值的核心标的。

English：This piece is the 1929 Sun Yat-sen Three Junks One Dollar silver coin issued by the Nationalist Government of the Republic of China, belonging to the official trial pattern coin series. It is a recognized palace-level treasure in the modern coin collection system. Different from the common 1934 double-junk silver coins in the market, this is an early modified trial version of the Republic of China. It was never mass-circulated in its era, only struck in small quantities for official filing and review. After a hundred years of baptism, intact and original genuine specimens are extremely rare. It is a core collection target for senior collectors for series completion and value appreciation.

二、历史溯源：民国币制统一改革的时代见证｜Historical Origin: Witness of ROC Currency Unification Reform

2.1 时代背景：全国币制标准化革新｜Era Background: National Currency Standardization Reform

中文：民国十八年，国内政局趋于统一，国民政府正式开启全国货币规范化改革。彼时国内各地银元版式杂乱、成色不一、流通混乱，严重制约国内外商贸发展。为建立统一、规范、接轨国际的近代货币体系，政府决定废除各类杂版旧币，全新铸造以孙中山肖像为核心的标准化国币，三帆银币便是此次币制改革的核心试样币种。

English：In the 18th year of the Republic of China, the domestic political situation tended to be unified, and the Nationalist Government officially launched the national currency standardization reform. At that time, silver coin versions across the country were miscellaneous with different fineness and chaotic circulation, seriously restricting domestic and foreign trade. To establish a unified, standardized and international modern monetary system, the government decided to abolish various old miscellaneous coins and mint new standardized national coins featuring Sun Yat-sen’s portrait. The three-junk silver coin was the core trial coin of this currency reform.

2.2 铸币历程：竞标试样，终成绝版遗珍｜Minting Process: Bidding Trial, Becoming an Out-of-Print Relic

中文：为打造全新国家法定货币，民国财政部特邀国内外多家知名造币厂参与币面设计竞标，甄选最优版式。十八年三帆银币凭借构图恢弘、寓意深远成功入选试铸方案，由官方造币厂精细打制样币。但受当时国内财政波动、铸币工艺调整、市场流通适配等多重因素影响，该版三帆试样币最终终止量产，仅留存极少部分样币散落民间与馆藏，成为民国钱币史上遗憾的绝版名品。

English：To create a new national legal tender, the Ministry of Finance of the Republic of China invited many well-known domestic and foreign mints to participate in coin design bidding to select the optimal version. The 1929 three-junk silver coin was successfully selected for trial minting due to its grand composition and profound implication. However, affected by domestic fiscal fluctuations, minting process adjustments and market circulation adaptation at that time, mass production of this three-junk trial coin was finally terminated. Only a very small number of sample coins were preserved among the people and museums, becoming a regrettable out-of-print famous treasure in ROC coin history.

2.3 图案寓意：扬帆远航，强国复兴愿景｜Pattern Implication: Sailing Forward, Vision of National Rejuvenation

中文：币背独有的三帆航海图景，拥有极强的时代象征意义。三艘帆船错落排布、乘风破浪，分别寓意民国海上贸易、民族航运产业、海外侨胞力量三大核心支柱；海面连绵海浪，象征华夏商贸通达四海、对外开放、生生不息。相较于普通双帆船洋，三帆版式设计更具格局与愿景，是民国时期实业兴国、商贸振兴时代精神的最佳艺术载体。

English：The unique three-junk sailing pattern on the coin reverse carries strong symbolic significance of the era. The three staggered sailing boats braving the waves symbolize the three core pillars of the Republic of China: maritime trade, national shipping industry and overseas Chinese power. The continuous sea waves imply that Chinese commerce spreads all over the world with opening-up and endless vitality. Compared with ordinary double-junk coins, the three-junk design is more magnificent and visionary, serving as the best artistic carrier of the era spirit of industrial prosperity and trade revitalization in the Republic of China.

 

三、工艺鉴赏：中西合璧的民国顶级造币美学｜Craftsmanship Appreciation: Top-tier ROC Minting Aesthetics Combining Chinese and Western Styles

3.1 正面人像：精细浮雕，端庄传神｜Obverse Portrait: Exquisite Relief, Dignified and Vivid

中文：钱币正面中心精雕孙中山先生正装半身肖像，采用高端深浮雕冲压工艺。人物五官比例精准、线条流畅立体，眉眼神态端庄肃穆、栩栩如生，发丝、衣纹细节刻画极致精细。外圈环绕标准“中华民国十八年”繁体汉字，字体工整秀丽、笔画遒劲均匀，冲压深浅一致，无弱打、漏打、变形瑕疵，完美呈现民国官方造币的严谨工艺标准。

English：The center of the coin obverse is finely carved with the formal bust of Mr. Sun Yat-sen, adopting high-end deep relief stamping technology. The facial proportion is accurate with smooth and three-dimensional lines. The dignified and vivid expression, as well as the extremely fine details of hair and clothing lines are perfectly displayed. The outer ring is inscribed with standard traditional Chinese characters "The 18th Year of the Republic of China". The fonts are neat and elegant with powerful and uniform strokes, without weak stamping, missing stamping or deformation defects, fully reflecting the rigorous craftsmanship standards of official ROC mints.

3.2 背面图景：层次立体，意境恢弘｜Reverse Pattern: Three-Dimensional Layers, Magnificent Artistic Conception

中文：币背主体为三帆远航图景，帆船结构比例协调、轮廓清晰，船身、船帆、桅杆细节分毫毕现。海浪纹路层层叠叠、疏密有序，动态感十足，完美还原远洋航海的壮阔场景。底部镌刻面值“壹圆”，字体规整大气，与整体画面和谐统一。整体版式构图对称均衡、主次分明，雕刻技法融合西方浮雕工艺与东方审美意境，是民国机制币雕刻艺术的巅峰之作。

English：The main pattern on the reverse is three sailing boats navigating the ocean. The boats feature coordinated structure and clear outline with complete details of hulls, sails and masts. The layered and well-arranged wave lines are full of dynamic sense, perfectly restoring the magnificent scene of ocean navigation. The bottom is inscribed with the face value "One Dollar" in neat and grand fonts, harmoniously integrated with the overall pattern. The overall symmetrical and well-structured composition combines Western relief technology and Eastern aesthetic conception, representing the peak carving art of ROC machine-made coins.

3.3 币质包浆：百年原味，自然天成｜Coin Texture & Patina: Original Centennial Natural Texture

中文：整币采用民国官方高纯度银坯精铸，银质细腻紧实、分量十足。历经百年自然氧化、岁月传世，币身通体形成均匀温润的百年老包浆，色泽醇厚古朴、层次丰富自然。币面图文缝隙锈色过渡柔和，无人工清洗、打磨、抛光、做旧痕迹，原汁原味保留百年铸币原始风貌。这种自然传世包浆温润入骨，是现代仿品无法复刻的核心特征，也是高端老银币品相定级的重要标准。

English：The whole coin is finely cast with official high-purity silver blanks of the Republic of China, with delicate and compact silver texture and sufficient weight. After a hundred years of natural oxidation and inheritance, the coin is covered with uniform and warm centennial old patina with simple and mellow color and rich natural layers. The rust color in the pattern gaps transitions gently without traces of artificial cleaning, polishing and aging, completely retaining the original minting style of a hundred years ago. This natural inherited patina is an irreplicable core feature of modern imitations and an important standard for grading high-end old silver coins.

四、核心收藏价值：四大稀缺亮点铸就名珍地位｜Core Collection Value: Four Scarce Highlights Forging Its Precious Status

4.1 试铸样币属性，等级远超流通币｜Trial Pattern Attribute, Higher Grade Than Circulating Coins

中文：在机制币收藏体系中，试铸样币的收藏层级、史料价值、市场价值，全面碾压普通流通银币。十八年三帆银币为官方审核试样，未公开流通，铸量极稀，且多数样币审核后销毁，完整存世真品寥寥。相较于随处可见的二十三年双帆流通船洋，本品属于钱币收藏金字塔顶端的稀缺名珍，收藏段位不可同日而语。

English：In the machine-made coin collection system, trial pattern coins are far superior to ordinary circulating silver coins in collection grade, historical value and market value. The 1929 three-junk silver coin is an official review sample without public circulation and has an extremely small mintage. Most samples were destroyed after review, leaving very few intact genuine pieces. Compared with the common 1934 double-junk circulating coins, this piece belongs to the top-tier rare treasure at the pyramid of coin collection with incomparable collection status.

4.2 独一无二版式，填补钱币史空白｜Unique Version, Filling the Gap in Numismatic History

中文：民国十八年三帆版式为专属独创设计，是民国币制改革进程中唯一的三帆试样版本，无后续同类续铸版式，具有独一无二的史料辨识度。它完整记录了民国国币设计、改版、试铸、停铸的完整历史脉络，是研究中国近代金融史、铸币史、美术设计史的珍贵实物史料，具备极强的馆藏级文史价值。

English：The 1929 three-junk version is an original exclusive design and the only three-junk trial version in the process of ROC currency reform without subsequent recast versions, possessing unique historical recognition. It completely records the complete historical context of national coin design, revision, trial minting and suspension in the Republic of China, serving as a precious physical historical material for the study of modern Chinese financial history, minting history and art design history, with strong museum-level historical value.

4.3 原味全品品相，传世难度极高｜Original Perfect Condition, Extremely Difficult to Preserve

中文：百年老银币历经流转、磕碰、氧化、清洗，大多存在磨损、划花、修补、洗底等瑕疵。而此枚三帆试铸币整体品相完美，图文深峻清晰、立体饱满，无磕碰、无划伤、无修补、无人工养护，通体原汁原味。在同类传世三帆样币中，如此顶级品相实属凤毛麟角，是藏品保值、升值的核心底气。

English：Most hundred-year-old silver coins have defects such as wear, scratches, repairs and artificial cleaning due to long-term circulation, collision and oxidation. In contrast, this three-junk trial coin is in perfect overall condition with deep, clear and full patterns. It is free of dents, scratches, repairs and artificial maintenance, retaining the original authentic state. Such top-level condition is extremely rare among similar inherited three-junk sample coins, being the core guarantee for value preservation and appreciation.

4.4 市场稀缺度高，升值潜力稳健｜High Market Scarcity and Steady Appreciation Potential

中文：近年来，民国试铸样币、特殊版式名珍在各大高端拍卖会持续走强，成交价连年攀升。十八年三帆银币因存世量稀少、历史地位特殊、版式独一无二，成为资深藏家争抢的核心标的。随着老藏家惜售、精品存量递减，其市场稀缺性持续加剧，长期保值、增值潜力巨大，是高端钱币收藏的优质硬通货。

English：In recent years, ROC trial pattern coins and special-version rare treasures have continued to rise in major high-end auctions with annual increasing transaction prices. Due to scarce surviving quantity, special historical status and unique version, the 1929 three-junk silver coin has become a core target competed for by senior collectors. With old collectors reluctant to sell and decreasing high-quality stock, its market scarcity continues to increase. It has huge long-term value preservation and appreciation potential, serving as high-quality hard currency for high-end coin collection.

 

五、藏品征集信息｜Collection Solicitation Information

中文：河南洛阳嘉澜拍卖有限公司是扎根中原、辐射全球的国际化艺术品居间服务企业，业务遍及全球200个艺术交易市场，拥有50余名资深艺术品职业经理人团队。公司秉持全球化运营理念，打造行业领先的艺术品征集、甄选、估值、送拍、销售一站式服务体系，年服务全球收藏用户超50万人次。

English：Rooted in the Central Plains and radiating globally, Luoyang Jialan Auction Co., Ltd. is an international art intermediary service enterprise with business covering 200 global art trading markets and a professional team of more than 50 senior art managers. Adhering to the global operation concept, the company has built an industry-leading one-stop service system covering art collection, selection, valuation, auction consignment and sales, serving more than 500,000 global collectors annually.

中文：洛阳嘉澜始终秉承“一对一式客户服务跟进”的核心服务理念，整合全球文物艺术品优质资源，依托强大的艺术品大数据基础设施与专业艺术品金融解决方案，为全球藏家与艺术行业提供高效、专业、全方位的收藏流通服务，助力藏家精准把握艺术品市场风口，最大化实现藏品价值。

English：Adhering to the core service philosophy of "one-on-one exclusive customer follow-up", Luoyang Jialan integrates high-quality global cultural relic and art resources. Relying on powerful art big data infrastructure and professional art financial solutions, it provides efficient, professional and all-round collection and circulation services for global collectors and the art industry, helping collectors accurately grasp the art market trend and maximize collection value.

六、藏品结语｜Conclusion

中文：一币载岁月，三帆阅百年。民国十八年三帆银币，是民国币制改革的珍贵实物遗珍，是中西造币艺术融合的巅峰之作，更是存量稀缺、品相绝佳的高端馆藏级藏品。它见证了民国金融业的革新与探索，承载着一代人强国兴业的时代愿景。百年传世原味孤品，可遇而不可求，是资深藏家深耕机制币领域、典藏传世重器的不二之选。

English：One coin carries years, and three sails witness a century. The 1929 three-junk silver coin is a precious physical relic of ROC currency reform, a peak masterpiece of Sino-Western minting art integration, and a high-quality museum-level collection with scarce stock and superior condition. It witnesses the innovation and exploration of the ROC financial industry and carries the era vision of national prosperity and industrial development of a generation. This centennial original inherited unique piece is rare and unrepeatable, serving as the best choice for senior collectors to collect top-tier machine-made coin masterpieces.