Two Manchu words (read vertically) separated by the hole.
Reverse script
Mongolian / Manchu
Reverse lettering
ᠪᠣᠣ
ᠵᡳᠶᡝᠨ (Translation: Boo-jiyen)
Edge
Smooth.
Mint
Baojin Mint, Tianjin, China(1886-1900) Peiyang Arsenal Mint, Tianjin,China (1888-1899)
Mintage
ND
(1886-1888) - Hartill#22.1429: Heavy type (over 3 g); Fou Bao; large Manchu characters - ND
(1886-1888) - Hartill#22.1430: Heavy type (over 3 g); Fou Bao; small Manchu characters - ND
(1886-1888) - Hartill#22.1432: Heavy type (over 3 g); Er Bao - ND
(1896-1900) - Hartill#22.1433: Light type (under 3 g) -