Oriental guy here to answer the oriental question. This is an one dollar coin released in Year 5, Republic of China calendar (A.D. 1916). Chinese "silver" coins, especially those minted in late 19th century & early 20th century (a really shitty page of history for the country, when the government was under tremendous military costs and printing money like nuts), are sort of notorious for their LOW silver content. Back then when given the choice, we Chinese always prefer the "eagle bucks" (silver US dollars) rather than our own currency. This coin is mostly copper-nickel alloy, with a layer of silver plating. These days they are sold in China for what equals $0.5 to $1 per each. If you plan to profit from your collection some time in the future, don't bother with Chinese coins, unless they are over 500 years old.