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Later silver coins of higher denominations were introduced: 1 ½ and 3 srang (1933–1938 and 1946) From 1949 until 1952 coins with the denomination "10 srang" which contained only about 10% of silver, were struck; this is the highest denomination coin which was released for regular circulation in Tibet.
Tibetan undated silver tangka, struck in 1953/54, reverse. An undated silver coin in the style of the earlier Gaden tangkas was struck on modern coin presses in 1953/54 for distribution to monks. It is the last silver coin which was issued in Tibet, and it circulated at the value of 5 srang, although its design is that of a tangka.
Some silver was mined in Tibet, but imports were required to satisfy the country's requirements for minting. [1] In addition to coinage silver was used in Tibet for repousse work, and as an inlay in brass and copper statues. [2] Historically 'Tibetan Silver' did contain silver, and some old items may be predominantly silver. [3]
The Tibetan tangka was an official currency of Tibet for three centuries. It was introduced by Lhasa Newar merchants from Nepal in the 16th century. The merchants used Nepalese tanka on the Silk Road. The Tibetan government began to mint the tangka in the 18th century. The first Tibetan tangka was minted in 1763/64.
In 1954, a silver coin was struck for distribution to monks. Although this coin was the last tangka issue, it was valued at 5 srang and was the last silver coin to be struck in Tibet. The last Tibetan copper coins (5 sho = 1/2 srang) were issued in 1953, while 100 srang notes were issued in large numbers until 1959.
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
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