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<p>[QUOTE="Loong Siew, post: 2585505, member: 75799"]Here is another favorite of mine which is the earliest Communist coinage in circulation..[ATTACH=full]562034[/ATTACH]</p><p><br /></p><p>These are very worn or heavily circulated Republic general issued copper coins but with the distinction of having the Soviet symbol of the sickle and hammer chopped on the obverse. These are very rare early coinages crudely adopted during their infancy.</p><p><br /></p><p>Republic of China 1931</p><p><br /></p><p>Hunan Soviet punch marked coin on ROC coin</p><p><br /></p><p>Probably one of the earliest if not the earliest forms of coins used by the then fledgling Chinese Soviet (Communist) group during the Republic of China. Without proper minting technology, administration body and resources, they resolved to punch the Soviet Hammer and Sickle symbol on existing widely circulated coins for use. Per Stephen Album:</p><p><br /></p><p>"The only references to these were from the 'Money Company' coin auction of September 1984 and a Gregory G. Brunk article in the Numismatics International "Bulletin " of July/August 2009. This coin was picked from bags containing 30,000 coins put aside during WWII as the Japanese were melting Chinese coppers for the war effort. Only 100 of these countermarked pieces were found in the bags on various host coins of which about 20% had clear countermarks".[/QUOTE]</p><p><br /></p>
[QUOTE="Loong Siew, post: 2585505, member: 75799"]Here is another favorite of mine which is the earliest Communist coinage in circulation..[ATTACH=full]562034[/ATTACH] These are very worn or heavily circulated Republic general issued copper coins but with the distinction of having the Soviet symbol of the sickle and hammer chopped on the obverse. These are very rare early coinages crudely adopted during their infancy. Republic of China 1931 Hunan Soviet punch marked coin on ROC coin Probably one of the earliest if not the earliest forms of coins used by the then fledgling Chinese Soviet (Communist) group during the Republic of China. Without proper minting technology, administration body and resources, they resolved to punch the Soviet Hammer and Sickle symbol on existing widely circulated coins for use. Per Stephen Album: "The only references to these were from the 'Money Company' coin auction of September 1984 and a Gregory G. Brunk article in the Numismatics International "Bulletin " of July/August 2009. This coin was picked from bags containing 30,000 coins put aside during WWII as the Japanese were melting Chinese coppers for the war effort. Only 100 of these countermarked pieces were found in the bags on various host coins of which about 20% had clear countermarks".[/QUOTE]
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