Three general varieties exist with many smaller varieties struck. I believe this to be an authentic (~95%) "closed 3, backwards 4" example (modern forgeries exist, see this Museum for examples). Also, this is an extra thick and heavy planchet.
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
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