Catalog
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| Issuer | Taiwan |
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| Year | 1950 |
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| Shape | Round |
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| Obverse description | Left-facing draped bust of Sun Yat-sen occupying the central field, rendered in moderate relief. Chinese characters appear to the left and right of the effigy, reading the Republic of China date in the traditional format. The entire design is enclosed within a decorative border of repeating Greek key (meander) pattern, giving the piece a distinctly classical framing. The field is smooth and largely unadorned aside from the portrait and flanking inscriptions. |
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| Obverse script | Chinese |
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| Additional information |
This pattern was produced in 1950 as Chiang Kai-shek's Nationalist government, freshly retreated to Taiwan after losing the mainland to the Communists, explored options for establishing a stable gold-backed currency on the island. The "mace" denomination is a direct carry-over from traditional Chinese weight-based coinage, a system the Nationalists had used on the mainland and were reluctant to abandon entirely. Very few examples were struck, and the denomination never entered circulation — the monetary reforms that followed took a different direction entirely.