Value of 1867 Shanghai 1 Tael Silver Coin: ~$150 Today

The 1867 Shanghai 1 Tael silver coin (or sycee/ingot equivalent) has a current collectible value of approximately $150 USD, varying by condition and provenance.

Historical Context

• Shanghai Tael: Unit of account & weight (~37.78 g / 1.215 troy oz silver) used in treaty-port trade.
• 1867 rate: ~3 shillings 4 pence (British) = ~$0.80 USD then.
• Silver content value today: 1.215 oz × ~$24/oz = ~$29 melt value.

Numismatic Premium

The $150+ reflects rarity, historical significance (Taiping Rebellion era, treaty port economy), and collector demand for "dollar-sized" Chinese silver. Actual coins from 1867 are rare; most "Shanghai tael" items are sycee (ingots) or later dollar coins (1890s+).

Authentication

Counterfeits abound. Verify via weight, edge, calligraphy, NGC/PCGS grading. Consult specialist in Chinese numismatics.