Wrong value of chinese coin

5 messages
Please change a little mistake here
https://en.numista.com/catalogue/pieces9380.html
This is 10 cents.

Alexey
In my opinion, the Standard Catalog of World Coins made a mistake.
分壹 means "one hundredth"

Can someone confirm?
Xavier, thank you for translating!

I understand what is a problem!
 1 yuan = 10 chiao = 100 fen (cent) = 1000 cash
According this 1 chiao = 10 fen (cent) = 100 cash

That is why there is written "one hundredth". It meams 100 cash or 10 cents

So, I think the Standard Catalog of World Coins is correct.
And me too  :)

Alexey
  
分 (fen) means "hundreth". The coin is worth 1/100 of the main unit, which is the Chinese yuan (not the jiao). Still today, the CNY is divided into 100 fens.
It works the same way as the US cent, which is worth 1/100 of a US dollar.

Another reason why I think the WC is incorrect, is because it considers as cents all the other coins in fen.
For instance, Y#355 has the same lettering as the Y#347 but is written "CENT (1 Fen)".
Similarly, Y#348 reads "5 fen" and it is considered as a 5-cent coin.

The WC's confusion is probably due to the pretty big size of this coin. Later 1-fen coins were reduced in size.
Yes, Xavier. You are right. I have just checked on different sites.
This is 1 cent (1 fen) or 10 cash.

So, the Standard Catalog of World Coins is uncorrect in this case.

Alexey

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