1471

HUNAN SOVIET: AE 20 cash, ND [1931], VF

Currency:USD Category:Coins & Paper Money / Chinese Coins – Soviet Period Start Price:100.00 USD Estimated At:150.00 - 250.00 USD
HUNAN SOVIET: AE 20 cash, ND [1931], VF
CURRENT BID
0.00USD+ applicable fees & taxes.
ENTER YOUR MAXIMUM ABSENTEE BID[?]
You must bid at least
100.00USD
USD
100.00 x 1 unit = 100.00USDApplicable fees & taxes are added at checkout.
[?]Live Online Auction Starts In 2025 May 16 @ 09:00 (UTC-07:00 : PDT/MST)
PLEASE NOTE: You must request a bid limit when you register. If you would like to have a large bid limit, you must provide adequate references, or you must have previously established strong credit history with our company. Late registration may result in delayed approval.
HUNAN SOVIET: AE 20 cash, ND [1931], countermarked hammer & sickle within five-pointed star on Chinese Hunan Province Republican crossed-flag type, encapsulated as NGC Genuine, VF

The Hunan-Jiangxi Soviet was a constituent part of the Chinese Soviet Republic, an unrecognized sovereign state that existed from November 1931 to 1935. The only references to these coins 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.

UPDATED INFORMATION: The recent book by Michael Zachary on the Hunan 20 cash coins (“The Hunan Twenty Cash Commentary”) discusses several other sources supporting the Hunan Soviet attribution. Duan Hong Gang explicitly mentions them in his 2006 book (although there is no photographed listing) and other sources either directly or indirectly support the attribution, including the 1931 “Economic Policy of the Chinese Soviet Republic,” which authorized countermarks on currency. The book by Zachary presents the information he has been able to gather about these coins at pages 55 to 59, followed by the variety listings.