- This article is about the coin of the People's Republic of China. For more Chinese coins denominated at 1 fen, see Chinese 1 fen coin (disambiguation).
|Measurements and composition|
National Emblem of the People's Republic of China, state title
Ears of rice, value, year
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The 1 fen coin is a current circulation piece of the People's Republic of China. It has been distributed in a single type by the People's Bank of China since December 1, 1957, with the most recent issue being released in 2015. The piece was produced in circulation quantities at the Shanghai and Shenyang facilities of the China Banknote Printing and Minting Corporation from 1955 to 1992, and has been manufactured solely for collectors since 1993.
The 1 fen piece is currently legal tender in its country of origin, carrying a face value equivalent to 0.01 renminbi. It is also used officially in Zimbabwe and unofficially in neighboring Mongolia and North Korea and parts of Hong Kong, Macau, Myanmar and Vietnam. Due to its low purchasing power, however, it is no longer common in circulation.
The coin is composed of an alloy of aluminum and magnesium and measures 0.67 grams in mass, 18 millimeters in diameter, and 1.35 millimeters in thickness. It has medallic alignment and a reeded edge, and like most coins, is round in shape. Both of the piece's rims are raised and undecorated.
An illustration of the National Emblem of the People's Republic of China is displayed in the middle of the coin's obverse. Such a depiction features the Tiananmen and the five five-pointed stars from the Chinese flag inside a circular border consisting of a gear and sheaves of wheat and rice. Printed clockwise along the rim above the emblem is the name of the People's Republic of China in Traditional Chinese characters, "中華人民共和國" (pinyin: Zhōnghuá Rénmín Gònghéguó).
The coin's face value is written as "壹分" (pinyin: yī fēn), Chinese for "one fen", on a single line in the center of the reverse. The character style of this inscription depends on the manufacturing mint: a "modern" style is used on pieces minted in Shenyang while a more "stylized" character style is utilized on coins struck in Shanghai. Engraved above this text is another representation of the coin's face value, the Western Arabic numeral "1", and surrounding both values is a wreath consisting of tied ears of rice. The appearance of the rice slightly differs between coins struck at Shanghai and Shenyang. The Gregorian date of minting appears below the grain, where it is curved in a counterclockwise direction along the coin's lower rim.
The total mintage of the 1 fen coin is currently unknown. Most of the examples that have been produced are business strikes, although a small number of Brilliant Uncirculated pieces and around 245,485 proofs have also also manufactured. All of the uncirculated and proof coins have been sold in official mint and proof sets by the People's Bank of China.