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Hong Kong George VI Type II

1939-KN  Ten Cent reverse 1939-KN  Ten Cent obverse

1939-KN Ten Cent

Mintage:5,000,000
Mint:Kings Norton Birmingham Monarch:George VI Reverse Designer:Percy Metcalfe Obverse Designer:Percy Metcalfe Size:18mm Weight:2.7g Edge:Reeded Composition:100% Nickel

Values

Sales History

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This Hong Kong ten cent obverse features the Percy Metcalfe effigy of King George VI along with the legend GEORGE VI KING AND EMPEROR OF INDIA. The reverse has the legend HONG KONG TEN CENTS with an inner circle containing Chinese characters depicting the date, denomination and country of origin. The 1938 effigy of King George VI had a larger image and the top of the crown almost touches the edge of the coin whereas the earlier 1937 ten cent effigy only intruded into the legend by half.

The official currency of Hong Kong was the British Pound although it was not well received by the population as the traders were used to the Chinese system of using the weight of silver for their transactions. It was the policy of the British Government to introduce sterling silver coinage to their colonies since 1825 and the Spanish and Mexican eight Reales became legal tender and set at a value of four shillings two pence. The Government eventually concluded that their efforts to introduce the sterling coinage was unsuccessful in overcoming the strong local support of the Spanish silver dollar. The British Government made the decision, as it had also done in Canada, that it could not displace the local currency and the Royal Mint in London commenced the issue of special subsidiary coinage to run alongside the local dollar currency.

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