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2 Mace Pattern

Issuer Taiwan
Year 1950
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Value 2 Mace
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Obverse script Chinese
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Reverse description Central device depicts a stylized ancient Chinese square-footed spade coin (bu coin) of the Warring States period, associated with the state of Qi, rendered in bold incuse-like outline against a smooth field. The archaic monetary motif is presented frontally, with its characteristic flat blade, square foot, and internal linear divisions clearly delineated. A small mintmark letter 'A' appears in the lower field beneath the spade device. The design is framed by the same repeating Greek key border as the obverse, maintaining visual continuity across both sides.
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Additional information

This pattern was produced in 1950 as Chiang Kai-shek's Nationalist government, freshly retreated to Taiwan after losing the mainland to the Communists, explored options for establishing a stable gold-backed currency on the island. The "mace" denomination is a direct carry-over from traditional Chinese weight-based coinage, a system the Nationalists had used on the mainland and were reluctant to abandon entirely. Very few examples were struck, and the denomination never entered circulation — the monetary reforms that followed took a different direction entirely.