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The one-cent coin was the smallest-denomination coin of the Hong Kong dollar since 1866 until its replacement in 1941 by the one-cent note.During World War II the loss of coins dated 1941 along with their subsequent melting during the Japanese occupation of Hong Kong has resulted in the survival of no more than 100 coins.
Hong Kong officially introduced a new series of coin on New Year's Day (1 January) 1993 at stroke of midnight HKT in denominations of 10-cent, 20-cent, 50-cent, HK$1, HK$2 and HK$10. Since the introduction of the Octopus card in 1997, small value payments and purchases in Hong Kong are mostly made as Octopus transactions.
The price of silver has since gone down and the first silver coins were minted in 1864. The relative abundance of gold in the Philippines then came to an end with the adoption of the British gold standard now American Gold Standard in most of Europe after 1871 and the subsequent climb in the international gold/silver ratio above 16. [9]
The 1 ⁄ 2 and 1 centavo coins were struck in bronze, the 5 centavo struck in copper (75%) - nickel (25%), the 10, 20, 50 centavo and peso coins were struck in a silver composition. From 1903 to 1906, the silver coins had a silver content of 90%, while those struck after 1906 had a reduced silver content of 75% for 10 through 50 centavos and ...
The Japanese Trade Dollar was a dollar coin, issued from 1875 to 1877. It was minted of 27.22 g of silver with a fineness of .900 (90%). The Yen coin had 26.96 g of silver at that time, and otherwise nearly identical in design to the trade dollar. [1] 2,736,000 coins of this type were minted, the vast majority in 1876-77. [2]
Source: [1] 1863: 19,000,000 1864: Unknown 1865: 40,000,000 (Two variations exist - one with a hyphen between HONG and KONG on the obverse, one without hyphen between the two words) 1866: Unknown (Regarded as one of the rarest coin in Hong Kong coinage. One of the samples is stored in the collection of the Melbourne Museum. [2])
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Streets of Hong Kong, 1865 Beaconsfield Arcade, Hong Kong, c.1890. The building on the left is the HSBC building (second design) China was the main supplier of its native tea to the British, whose annual domestic consumption reached 30,050,000 pounds (13,600,000 kg) in 1830, an average of 1.04 pounds (0.47 kg) per head of population.