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ROC
Sun Yat-sen Nickel Coin
20 Cents
ROC Era 27
民國
孫中山像鎳幣
廿分
民國二十七年
Item number: A2911
Year: AD 1938
Material: Nickel
Size: 23.8 x 23.8 x 1.6 mm
Weight: 6.05 g
Manufactured by: Central Mint
Provenance: Spink 2023
This is a 20-cent nickel coin first issued in the 25th year of the Republic of China (AD 1936) by the Central Mint under the Nationalist Government, as part of a currency reform aimed at implementing a decimal monetary system.
The obverse of the coin features a left-facing portrait of Sun Yat-sen. The upper edge is inscribed with the issuance year, “The 27th Year of the Republic of China” (中華民國二十七年). The outer rim is adorned with a key-pattern design, commonly found on ancient Chinese bronzeware.
The reverse of the coin features a key-pattern border similar to the obverse. At the centre is an image of a spade money, a form of currency used during the Spring and Autumn and Warring States periods, which was also adopted by the Nationalist Government as the emblem of the Ministry of Finance. Inside the spade coin is the character “財” (finance) in an oracle bone script-inspired style. On either side of the spade coin, the denomination “廿分” (20 cents) is inscribed in Chinese characters.
In AD 1936, shortly after the Central Mint was ordered by the government to produce decimal-based nickel coins, its location in Shanghai faced attacks from the Japanese military the following year. Beginning in late summer of AD 1937, the mint’s machinery was dismantled—some were hidden on-site, while the majority were gradually relocated to inland cities such as Wuchang, Guilin, Chongqing, Lanzhou, and Chengdu. This strategic relocation aimed to ensure the continued issuance of currency during wartime.