This is a uniface lead/tin issue by a local provisional Communist government in Zhejiang (Chekiang) in the Hushan area. The legend, "Kang-bi" means the coins was issued for resisting Japanese aggression. While these issues are not listed in any western catalog they are listed in the Communist issues section of the Chinese work by Hua Guangpu, "Directory of Chinese Copper Coins." Guangpu lists them as 'Temporary subsidiary coins of the Base Area of Resistance Against Japan in the Hushan Region of Zhejiang Province.' There are 3 varieties and 2 denominations among the 3. These saw a very short duration because the war was soon over. Listed as struck in a lead-tin alloy cut from some kind of metal scrap. RARE!
This coin is only referenced in the Soviet Copper book by Hua Guangpu book available below.
War Against Japanese Aggression Currency 抗幣:
Lead-tin Alloy 5-Chiao, Hu Shan District, Eastern
Chekiang, 1945, Obv “滸山區臨時輔幣/伍角抗
幣/1945”, Rev plain, 新四軍浙東抗幣.
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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