1 Fen

Shensi (Shaanxi) Province operated its own mint during the Warlord Era largely outside Nationalist government oversight, issuing copper cash for local circulation while central authority remained contested. The 1928 date places this coin in the final phase of that fragmented period — the Northern Expedition concluded that year, nominally reunifying China under the Kuomintang, though provincial minting autonomy died slowly and unevenly.

Y#435 is not a rare type, but genuine examples in honest circulated grades are less common than mintage figures suggest; provincial copper was heavily counterfeited locally during the period.