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20 Fen - Guangxu Yuan Bao

Issuer Hupeh Province
Year 1894
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Currency Yuan (1895-1949)
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Obverse lettering 湖北省造 光緒元寶 ᠪᠠᡩᠠᡵᠠᠩᡤᠠ ᠶᡠᠸᠠᠨ ᠪᠣᠣ 庫平一錢四分四釐
(Translation: Made in Hupeh Province, Guangxu Yuanbao, Badarangg-a Yuwan Boo (Guangxu Yuanbao in Manchu), Kuping 1 Mace 4.4 Candareens)
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Additional information

Hupeh's provincial mint was among the first in China to adopt Western steam-press coinage technology, with the Wuchang facility established in 1893 under viceroy Zhang Zhidong — the same official who had built the Hanyang Iron Works and who saw modern coinage as inseparable from industrial reform. This 20 fen denomination sat awkwardly in circulation: too large for small transactions and too light to compete with the Mexican eagle dollars that dominated treaty-port commerce.

The 1894 issues are known with minor die variations in the rosette spacing, though none carry the premium of the more dramatic Hupeh varieties catalogued in later years.

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