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5 Fen Chinese Soviet Republic

Issuer Chinese Soviet Republic (Hubei-Honan-Anhui Soviet Area)
Year 1932
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Composition Copper
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Obverse description Central field depicts a hammer and sickle superimposed upon an outline map of the Hubei-Honan-Anhui Soviet region. The central device is enclosed within a beaded inner circle, flanked on either side by a five-pointed star in the field. The surrounding legend in Chinese characters reads 中華蘇維埃共和國 (Chinese Soviet Republic) along the upper arc, with a lower legend reading 毎拾弍枚當國幣壹圓 (Every 20 pieces makes 1 Yuan currency). The entire design is bounded by a reeded outer border.
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Obverse lettering 國和共埃維蘇華中 圓壹幣國當枚拾弍毎
(Translation: Chinese Soviet Republic Every 20 pieces makes 1 Yuan currency)
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Additional information

The Hubei-Honan-Anhui Soviet Area — known as the Oy-Wan or E-Yu-Wan base — was one of the largest communist-controlled territories in early 1930s China, at its peak housing several million people under Red Army administration. Chiang Kai-shek's fourth encirclement campaign was already closing in when this coin was struck in 1932; the base would be largely overrun by late that year, forcing the surviving forces into the precarious westward movement that preceded the Long March.

Coins from E-Yu-Wan are meaningfully scarcer than those of the Central Soviet in Jiangxi, reflecting both the shorter effective minting window and the chaos of the military collapse.

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