China, 1890 AD., Qing Dynasty, emperor De Zong, Kwangtung province, modern fake, 1 Dollar, KM Y 203.

China, Qing (Ch'ing) dynasty, emperor Te Tsung (De Zong), Guang Xu (Kuang Hsü) Reign (1875-1908), Kwangtung province, modern fake copying the Canton mint, no date, ca. 1890 AD. (3rd series), struck ca, 2000-2010 AD. in Asia(?),
1 Dollar (7 Mace 2 Candareens) (39 mm / 19,91 g), magnetic steel alloy, 39,5 mm / 27,0 g theor. mint weight (0,900 silver) for original pieces, medal alignment ↑↑ (0°), reeded edge,
Obv.: KWANG-TUNG PROVINCE / 7 MACE 2 CANDAREENS , dragon design in center, surrounded by stylizied clouds, encircled with the name of place of mint and face value in English, right and left are decorative stars.
Rev.: 光 绪 元 寳 , "Kuang Hsu Yuan Pao" reading from top to bottom and right to left In the center, in Chinese and Manchurian. In upper outer circle, Chinese characters "minted in Kwangtung Province", right and left small decorative stars. In lower outer circle is the description of the face value "Equivalent to 7.2 mace".
cf. KM Y 203 ; L&M-133 ; K-26 ; Hsu-317 .
weight discrepancy, wrong metal alloy, rough surface (especially at elevated areas), soft strike

from http://ykleungn.tripod.com/ktsilver.htm : In the 16th year of Kuang Hsu reign (1890AD), Kwangtung Coin Bureau struck the third set of silver coins in which the foreign inscriptions were moved from the obverse to the reverse as the border of the dragon design. The new silver coins were in sets of five denominations weighting 7.2 mace with 90% silver (one dollar), 3.6 mace with 86% silver (50 cents), 1.44 mace with 82% silver (20 cents), 0.72 mace with 82% silver (10 cents) and 0.36 mace with 82% silver (5 cents). They were widely circulated with direct effect up the circulation of the foreign dollars.