2 Jiao

Kwangtung Province maintained its own mint and issued provincial silver well into the Nationalist period, operating with a degree of monetary autonomy that the central government in Nanjing was still too weak to suppress. This 2 Jiao type falls within the years when the Kuomintang was consolidating power after the Northern Expedition, but provincial warlord-era financial infrastructure remained largely intact across Guangdong.

The Kwangtung mint had been modernized under foreign technical supervision in the late Qing period and continued producing mechanically struck silver through this transitional era with reasonable consistency.