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1 Cash Pattern, Minguo Tongbao, iron

Issuer Republic of China
Year 1912
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Composition Iron
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Obverse description Traditional cash coin format featuring four Chinese characters arranged in cruciform reading order — top, bottom, right, left — around a central square hole. The legend 民國通寶 (Minguo Tongbao, meaning 'Republic Currency') is rendered in regular script (kaishu). The field is plain and unadorned, preserving the classical aesthetic of imperial Chinese cash coinage within a republican context.
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Reverse lettering 文一
(Translation: Yi Wen 1 Cash (Wen))
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Additional information

The Republic of China's first provisional government under Sun Yat-sen lasted barely six weeks before Yuan Shikai assumed the presidency in March 1912. This iron pattern was among several experimental cash-format pieces struck during that chaotic transitional window, when the new government was simultaneously abolishing imperial coinage conventions and trying to establish a republican monetary identity — without yet having the infrastructure to do either cleanly. Iron was a practical test medium, cheap and available, not intended for circulation.

KM#Pn4 is one of a small group of 1912 cash patterns in various metals. Survivors in any condition are rare; most were never meant to leave the mint.