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10 Fen - Guangxu Yuan Bao

Issuer Wuchang Mint
Year 1894
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Value 10 Fen (0.10)
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Obverse script Chinese/Manchu
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Mint Wuchang Mint
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Additional information

The Wuchang Mint was established in Hubei province under Zhang Zhidong, the reformist viceroy who had imported British minting machinery in the early 1890s specifically to produce modern struck coinage. This piece dates to the mint's earliest operational years, when provincial authorities were still navigating the Qing court's ambivalence toward mechanized silver production — Beijing viewed the provincial mints with suspicion, fearing they would undermine central monetary authority.

Hubei's output from this period was largely absorbed by regional trade rather than imperial treasury functions. The .820 fineness is slightly below the standard used at other provincial mints concurrently striking yuan bao issues.

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