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1 Fen Federal Reserve Bank, Peking

Issuer Federal Reserve Bank of China
Year 1941
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Value 1 Fen (0.01)
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Reverse description Central motif depicting a detailed view of the Temple of Heaven (Tiantan) in Peking, rendered in fine relief showing the iconic circular prayer hall with its triple-tiered conical roof, set upon a multi-tiered marble terrace platform with steps and balustrades. The denomination 壹分 (one fen) is inscribed in large Chinese characters flanking the temple, 壹 to the right and 分 to the left of the field. The design is framed by a finely milled inner border and a raised outer rim, with no additional legend.
Reverse script Chinese
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Additional information

The Federal Reserve Bank of China was not a central bank in any orthodox sense — it was a Japanese-controlled monetary authority established in 1938 to manage currency in the occupied northern Chinese territories. This 1941 silver fen is catalogued as a pattern (KM#Pn1), suggesting it never reached circulation, which likely explains why a 1.5g silver piece was proposed at all: by this point the occupying administration had largely shifted to low-cost paper currency to fund wartime expenditure, making a silver minor denomination an economic contradiction.

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