While listed as a Y 510.4, there is a major difference. The '200' is retrograde but the hammer & sickle are NOT reversed. See KM. Zero's are oval, not square. Hammer handle extension beyond the head connects to middle star [Y#510-.1] and "moth" motif is not outlined like Y#510.2 - each example is different and usually contains elements of other types, however, I think this example is a modern fake characterized with smooth and shiny surfaces. These are fascinating to study!
Here are a number of RARE articles on Communist Chinese Soviet coins & notes from the Moneta Library:
VIEW & DOWNLOAD:
Soviet Chinese Copper Coins ("Little Brown Book") - Hua Guangpu
Soviet Chinese Coppers - Hua Guangpu
Soviet Coins Intriguing - Hogan
Chinese Soviet Coins Intriguing - Hogan
Chinese Soviet Coins and Notes - Raeburn (1937!)
Chinese Soviet Coins and Notes - Raeburn
Chinese Communist Armies Silver Coins - Kann
Chinese Communist Armies - Kann
The premier articles on Early Chinese Soviet issues are the invaluable documents below. It covers the history, coins and notes from 1927-1935 and includes photos and a map: (with color photos; in 3 parts);
The Money of Communist China - Sandrock (3 part series)
Part I: The Money of Communist China 1927-1949 - Part I
Part II: The Money of Communist China 1927-1949 - Part II
Part III: The Money of Communist China 1927-1949 - Part III
The Comprehensive Catalog of Chinese Copper Coins ("SOVIET" extract; color illus.) - Duan
Chinese Soviet Copper Coins - Duan
Cool coin James. I have one similar to this. They are interesting because it looks like the design was done by a two-year old child because of the crude strike and craftsmanship. Thanks for posting this.
Daniel, I really hope you post yours here, these are like ancients in that each one is different. I'm pretty sure this is the most complete on-line display of this fascinating and historical period of coinage on the Internet. I've linked all known articles above, so this is a major research resource as well. Soon I'll post photos of the rumored first Chinese Soviet coins that were Republic coppers counterstamped with Hammer & Sickle and the 'Soviet' cartouche.