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.
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📢 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:
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
5 li (Manchukuo)
1 fen (Manchukuo)
5 fen (Manchukuo)
10 fen (Manchukuo)
5 li (Manchukuo)
1 fen (Manchukuo)
5 fen (Manchukuo)
1 jiao (Manchukuo)
1 fen (Manchukuo)
1 jiao (Manchukuo)
5 fen (Manchukuo)
1 chiao (Manchukuo)
5 fen (Manchukuo)
1 fen (Manchuko)
5 fen (Manchukuo)
1 fen (Manchukuo)
1 chiao (Manchukuo)
5 li (East Hebei)
1 fen (East Hebei)
5 fen (East Hebei)
Other resources to find coins and banknotes of China-Puppet states
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