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1 Cash Minguo Tongbao

Issuer Republic of China
Year 1912
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Currency Cash (1912)
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Obverse lettering 民 國 通 寶
(Translation: Min Guo Tong Bao - Republic's Currency)
Reverse description Central square perforation surrounded by a raised inner rim, with two Chinese characters 川東 (Dōng Chuān) positioned in the left and right fields respectively, identifying the Dongchuan mint in Sichuan province. The characters are cast in traditional kai script. The field is otherwise plain, enclosed by a raised outer rim. The overall surface shows the characteristic patination of early Republican-era brass cash coins.
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Issued in the first year of the Republic, this cash piece was a deliberate anachronism — a round coin with a square hole, mimicking the imperial cash format that had circulated in China for over two millennia. The provisional government of Yuan Shikai retained the familiar form almost certainly to ease public acceptance during a deeply unstable transition. Republican cash coins saw limited circulation and were quickly superseded by milled coinage; surviving examples tend to show little wear for exactly that reason.

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