![]() A dot on a “ Extra flame” dollar is a certain indication of tooling. Uneven toning around the dot should be considered with extreme suspicion. Genuine coins from the type “ dot after dollar” (带点) were all made using the “ w/o Flame, w/o Dot” 浅版 dies, so they have the same characteristics: fixed “R”, unclear details, and one spine less on the dragon tail. It is therefore advised to avoid buying cleaned or polished Y31.1 dollars. Most of these coins have been polished or cleaned first, though, to make the modification less obvious. In 1991, the Shenyang Mint issued a 10,000 yuan coin to commemorate the anniversary of the more common panda gold coin. Since the Y31.1 dollar is much more rare and expensive than other versions, many unscrupulous coin dealers or counterfeiters have tooled genuine dollars to add a silver dot, thus instantly doubling their profits. Although they’re much more recent than the ancient Roman coins and renaissance-era English coins on this list, some contemporary Chinese coins hold tremendous value. Similar alterations were done to other revolutionary restrikes, like the 1904 Kiang Nan dollar with dots in the denomination. The only difference with the original dies is the addition of a dot after the word “ DOLLAR“. ![]() The already well worn dies of the 浅版 Y31 were briefly reused to mint the Y31.1 dollar, much scarcer than the earlier “official” issues. But for many collectors, Chinese coins from the late 1800s and first half of the 20th century hold great interest. In the years following the 1911 revolution, old dies were reused to issue new coins and avoid currency shortages. Today, the most collectible Chinese coins are contemporary issues, whose values are closely tied to their platinum, gold, or silver content. The last version is actually a restrike of the 浅版. The coronavirus pandemic has, of course, played a role in global supply chains and other economic factors.Y31 Chinese silver dollar - detailed version (深版) Switzerland uses the Swiss franc instead of the euro. Russia’s invasion of Ukraine and the accompanying sanctions placed by many countries meant that Moscow came in 62nd place and St Petersburg landed in 147th.Įurope’s most expensive city is Geneva, Switzerland, which was in third place after Hong Kong and New York City. “Nearly every major Eurozone city saw a drop in the rankings this year as the euro performed worse in the last 12 months than the US dollar and British pound,” Quane explains.Įxternal factors like politics and international conflicts can also play a role. Madrid, Rome and Brussels all fell as well. Paris, which has topped the ECA list in the past, dropped out of the top 30. So, which cities are lower ranked than in previous years? Li Zhihua/China News Service/Getty Images Hong Kong's competitive and cramped housing market contributed to its "most expensive" ranking. “Therefore, the main reason for their rise in the rankings has been the continued strength of the Chinese yuan against other major currencies.” “The majority of the mainland Chinese cities in our rankings have higher rates of inflation than we are used to seeing, but they are still typically lower than elsewhere in Asia,” Quane said in a statement. Lee Quane, ECA’s regional director for Asia, explained the reasoning for mainland China’s growing presence on the index. That would be Colombo, Sri Lanka’s main metropolis, which jumped 23 places from 162 to 149. In that case, Tel Aviv – which is in sixth place – also counts toward Asia’s total and would give it six out of 10 spots.Īsia also claims the honor of being home to the fastest-rising city on the overall list. Some regulators include the Middle East in Asia. It is safe to call Asia the most expensive continent, with five cities – Hong Kong, Tokyo, Shanghai, Guangzhou and Seoul – landing in the top 10. ![]() Time Out lists the 'world's best' cities for 2021
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