四川永合利拍賣有限公司，為藏品強大的傳播效應向各位買家推薦經國家一級鑒定專家甄選的藝術珍品,為藏家牽線搭橋,讓千百件藝術珍品價值被發掘與重視,在拍賣會上得以高價成交。
Sichuan Yonghe Li Auction Co., Ltd. For the strong dissemination effect of collections, we recommend to buyers the art treasures selected by experts of national first-level appraisal, and make a bridge for Tibetans, so that the value of thousands of art treasures can be excavated and valued, and high-priced transactions can be concluded at auction.
【名稱】共和紀念幣
【規格】重：13.5g直徑：33.30mm
【類別】錢幣
[Name] Republican commemorative coin
[Specification] Weight: 13.5g Diameter: 33.30mm
[Category] Coins
唐軍長是幣界的俗稱，實際是唐繼堯紀念銀幣，云南省造，正面為唐繼堯正像或側像，上銘“軍務院撫軍長唐”，正像幣下有嘉禾，側像幣則無。因從左至右讀為唐軍長比較順口，于是這個稱謂一直流傳下來。背面正中為交叉的雙旗（五色旗和十八星旗），上銘“擁護共和紀念”，下面是庫平三錢六分記重面值（即5角）。
Tang Jun-chang is a common name in the currency circle. It is actually a commemorative silver coin of Tang Jiyao. It was made in Yunnan Province. The front of the coin is the image or side image of Tang Jiyao. The inscription is "Tang Jun-chang of the State Council of the Army". It is just like Jiahe under the coin, but no side image coin. This title has been handed down all the time because it is easy to read from left to right as the commander of Tang Army. On the middle of the back is the cross-linked Double Flag (five-color flag and eighteen-star flag), with the inscription "Commemoration for Republicanism", and below is the denomination of Kuping's three-money-six points (i.e. five corners).
唐繼堯銀幣是辛亥革命后軍閥割據時期發行流通的產物，是民國時期云南省主要的流通貨幣之一。1917年8月云南造幣廠為紀念共和歷史,開鑄了唐繼堯側面像紀念銀幣，后來因“模型未臻完美，不便賡續多鑄”之故，導致停鑄此幣，而流傳下來的非常少。唐繼堯軍務院撫軍長唐銀元鑄造工藝精細，收藏價值極高，因存世量極為稀少，導致價格一路狂飆。
Tang Jiyao silver coin was issued and circulated during the period of warlord separatism after the 1911 Revolution, and it was one of the main circulating currencies in Yunnan Province during the period of the Republic of China. In August 1917, the Yunnan Mint commemorated the republican history by coining a silver coin with the profile of Tang Jiyao. Later, due to the imperfection of the model, it was inconvenient to continue to coin more, which led to the discontinuation of coining, and very few of the coins survived. Tang Jiyaojun, the governor of the State Council, Tang Yinyuan, has fine casting technology and high collection value. Because of the scarcity of the stock, the price has been soaring all the way.
當代錢幣收藏愛好者每每以搜尋不同版式古錢幣為最大樂事，偶爾發現有新版式銀幣，則欣喜若狂。唐繼堯軍務院撫軍長唐銀元在收藏界廣受追捧。
Contemporary coin collectors are always delighted to search for ancient coins of different formats and occasionally find new formats of silver coins. Tang Yinyuan, governor of the State Council of Tang Jiyao Jun, is widely sought after in the collection circle.
此外，越來越多的國內各區域實力型買家介入古錢幣板塊，在一定程度上控制了市場供貨量，導致其價格快速走高。同時，唐繼堯軍務院撫軍長唐銀元的價值也在同步上升。從藏家和市民的接受程度看，預計后期大的價格還將繼續上漲。
In addition, more and more domestic regional strength buyers intervene in the ancient coin plate, to a certain extent, to control the market supply, leading to the rapid rise in prices. At the same time, the value of Tang Yinyuan, the governor of the State Council of Tang Jiyao Army, is also rising synchronously. From the perspective of the acceptance of Tibetans and citizens, it is expected that large prices will continue to rise in the later period.
