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1 Fen Meng Chiang Bank

Issuer Meng Chiang Bank
Year 1943
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Value 1 Fen (0.01)
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Reverse description A stylized phoenix (fenghuang) with wings spread wide dominates the central field, depicted in detailed relief with elaborate plumage and a long flowing tail. The denomination 一分 (1 Fen) is inscribed in two large Chinese characters in the upper portion of the field above the bird. The design is enclosed within a dentilated inner border and a plain outer rim.
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Reverse lettering

(Translation: 1 Fen)
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Additional information

The Meng Chiang Bank was established in 1937 to serve the Japanese puppet administration of Inner Mongolia — formally the Mongolian Military Government — and its currency was designed to displace both Nationalist and existing regional issues from circulation. By 1943, raw material shortages across the Japanese empire had forced a broad shift to aluminium for small-denomination coinage, the same constraint driving parallel changes in Manchukuo and occupied Southeast Asia.

The Y#Pn1 designation flags this as a pattern rather than a confirmed circulation strike, which leaves its production numbers genuinely unclear.

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