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1 Fen
| Issuer | Central Mint of China |
|---|---|
| Year | 1948 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | 中華民國三十七年 (Translation: Year 37 of the Republic of China) |
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| Mintage | 37 (1948) - 年七十三 |
| Additional information |
Issued in the final months before the People's Republic displaced the Republic of China government, this bronze fen belongs to a currency already collapsing under hyperinflation of historic proportions. By 1948, the gold yuan reform had been introduced precisely because the fabi — the existing currency system — had lost all practical value. Coins like this one were struck while the Nationalist government's monetary authority was disintegrating in real time, making the Central Mint's continued production something closer to institutional reflex than economic policy.