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China-Puppet states Coins

The recent monetary history of China and its puppet states is fascinating and complex. During the 20th century, the country experienced numerous political and economic changes that were reflected in its monetary system. From the fall of the Qing dynasty to the present day, China has seen a wide variety of currency issues, including those of collaborationist regimes and satellite states.

Manchukuo and the Japanese occupation

During the Japanese occupation of Manchuria, the puppet state of Manchukuo was established (1932-1945). This regime issued its own currency, the Manchukuo yuan, which replaced the Chinese silver dollar. Manchukuo coins and banknotes are now highly sought-after collector's items, reflecting the aesthetics and propaganda of the pro-Japanese regime. In parallel, in other areas occupied by Japan, Japanese military banknotes were issued for use in China, known as "military yen".

The communist era and its monetary changes

With the establishment of the People's Republic of China in 1949, the renminbi (RMB) was introduced as the official currency. However, during the early years, several regional currencies coexisted. An important milestone was the currency reform of 1955, which unified the monetary system. In the following decades, China issued several series of banknotes and coins, reflecting the country's political and economic changes. Of particular note was the 1999 series, which introduced advanced security measures and a more modern design, marking the beginning of the contemporary monetary era in China.

If you are a passionate collector, this catalog offers the possibility to create your own personal collection from this list. You can add your coins and generate a free PDF catalog from a complete database and our management tools. In addition, once registered, you will have the opportunity to exchange coins with other collectors around the world easily and free of charge.

China-Puppet states is a country that does not exist today. It is now part of the China-Peoples Republic coins.

The most valuable coins

The most valuable China-Puppet states coins and sought after by collectors according to Foronum statistics are the following:

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The valuation of these coins has been achieved through a meticulous algorithm that considers the current market, taking into account aspects such as material, weight, diameter, edge, year of mintage, mint of manufacture and the number of coins produced. Coins with limited mintages and in good condition are usually among the most valuable.

Coin Catalog

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10 fen (Manchukuo)

FO#16026 KM#4y
Price: 3,00€
Year: 1933-1934
Weight: 5,00 g
Composition: Copper-nickel
Diameter: 23,00 mm
Edge: Smooth

5 fen (Manchukuo)

FO#22036 KM#13Aa
Year: 1944-1945
Weight: 1,20 g
Composition:
Diameter: 20,00 mm
Edge: Smooth

5 li (Manchukuo)

FO#16025 KM#1y
Year: 1933-1934
Weight: 3,50 g
Composition: Bronze
Diameter: 21,00 mm
Edge: Smooth

5 fen (Manchukuo)

FO#22032 KM#11y
Year: 1940-1943
Weight: 1,20 g
Composition: Aluminium
Diameter: 21,00 mm
Edge: Smooth

5 fen (Manchukuo)

FO#15938 KM#3y
Price: 5,00€
Year: 1933-1934
Weight: 3,50 g
Composition: Copper-nickel
Diameter: 20,00 mm
Edge: Smooth

5 fen (East Hebei)

FO#22027 KM#518y
Year: 1937
Weight: 3,40 g
Composition: Copper-nickel
Diameter: 19,00 mm
Edge: Smooth

1 fen (Manchukuo)

FO#22030 KM#13y
Year: 1943-1944
Weight: 0,55 g
Composition: Aluminium
Diameter: 16,00 mm
Edge: Ribbed

5 li (Manchukuo)

FO#16027 KM#5y
Year: 1934-1939
Weight: 3,50 g
Composition: Bronze
Diameter: 21,00 mm
Edge: Smooth

1 fen (Manchukuo)

FO#16028 KM#6y
Year: 1934-1939
Weight: 4,90 g
Composition: Bronze
Diameter: 24,00 mm
Edge: Smooth

1 fen (Manchukuo)

FO#16024 KM#2y
Year: 1933-1934
Weight: 4,90 g
Composition: Bronze
Diameter: 24,00 mm
Edge: Smooth

1 fen (Manchukuo)

FO#15939 KM#9y
Year: 1939-1943
Weight: 1,00 g
Composition: Aluminium
Diameter: 19,00 mm
Edge: Smooth

2 chiao (East Hebei)

FO#22029 KM#520y
Year: 1937
Weight: 6,48 g
Composition: Copper-nickel
Diameter: 26,00 mm
Edge: Smooth

1 fen (Manchuko)

FO#22035 KM#13ay
Year: 1945
Weight: 0,62 g
Composition:
Diameter: 16,00 mm
Edge: Smooth

5 li (East Hebei)

FO#22025 KM#516y
Year: 1937
Weight: 3,95 g
Composition: Copper
Diameter: 20,00 mm
Edge: Smooth

1 fen (Nanjing )

FO#22023 KM#522Ay
Year: 1940
Weight: 2,01 g
Composition: Bronze
Diameter: 17,00 mm
Edge: Smooth

1 fen (East Hebei)

FO#22026 KM#517y
Year: 1937
Weight: 5,00 g
Composition: Copper
Diameter: 22,90 mm
Edge: Smooth

5 chiao (Mengjiang)

FO#22037 KM#521y
Year: 1938
Weight: 5,50 g
Composition: Copper-nickel
Diameter: 25,10 mm
Edge: Ribbed

10 fen (Nanjing )

FO#22024 KM#522y
Year: 1940
Weight: 3,00 g
Composition: Copper-nickel
Diameter: 18,00 mm
Edge: Smooth

1 jiao (Manchukuo)

FO#16030 KM#8y
Year: 1934-1939
Weight: 5,00 g
Composition: Copper-nickel
Diameter: 23,00 mm
Edge: Smooth

5 fen (Manchukuo)

FO#16029 KM#7y
Year: 1934-1939
Weight: 3,50 g
Composition: Copper-nickel
Diameter: 20,00 mm
Edge: Smooth

Other resources to find coins and banknotes of China-Puppet states

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