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5 Jiao / 1/2 Dollar - Xuantong

Issuer Hu Pu Bank (Board of Revenue Bank)
Year 1910
Type Standard circulation coin
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Obverse description Central field bears four large Chinese ideograms arranged vertically in two columns, reading right to left and top to bottom. Above the central characters, a horizontal band of Manchu script occupies the upper portion of the coin, while additional Chinese ideograms appear below. Decorative floral rosettes flank the central inscription on either side, filling the field with elegant symmetrical ornamentation. The overall design is set within a beaded inner border with a plain outer rim.
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Reverse script Chinese (traditional, regular script), Latin
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Additional information

The Hu Pu Bank was established in 1905 as the Qing dynasty's first state-controlled bank, part of a broader reform effort under the New Policies program following the humiliations of the Boxer Indemnity. This 1910 issue came just a year before the Xinhai Revolution rendered the Xuantong emperor's government obsolete, meaning production runs were limited and many surviving coins saw little or no circulation before the dynasty collapsed entirely in 1912.

The .800 fineness was a deliberate compromise — below the .890 standard of contemporary Mexican dollars then dominating Chinese trade — a concession to production costs that drew criticism from foreign merchants skeptical of Qing monetary reform credibility.

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