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1 Fen

Issuer Republic of China
Year 1936-1939
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Value 1 Fen (0.01)
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Obverse lettering 年六十二國民華中
(Translation: Year 26 of the Republic of China)
Reverse description Central device features a stylized depiction of ancient Chinese spade money (布幣, bù bì), a bronze spade-shaped tool currency used in early Chinese history, rendered in raised relief. A single Chinese ideogram appears to each side of the spade motif in the field. The design is enclosed by a continuous key-fret (meander) decorative border along the inner rim, consistent with the obverse.
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Additional information

Issued by the Central Mint of the Republic of China during a period of acute monetary instability, these copper fen pieces circulated alongside an increasingly worthless paper currency as the Nationalist government struggled to maintain fiscal credibility against Japanese military pressure. The 1937 Japanese invasion of Shanghai forced the Central Mint to relocate operations — first to Wuhan, then Chungking — disrupting production continuity across the date range and accounting for the significant variation in strike quality found across the series.

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