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Hong Kong George V

1935  Ten Cent reverse 1935  Ten Cent obverse

1935 Ten Cent

Mintage:10,000,000
Mint:Royal London Monarch:George V Reverse Designer:Sir Edgar Bertram MacKennal Obverse Designer:Sir Edgar Bertram MacKennal Size:18mm Weight:2.6g Edge:Reeded Composition:80% Silver
75% Copper
25% Nickel

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This Hong Kong ten cent obverse features the Sir Edgar Bertram MacKennal effigy of King George V along with the legend GEORGE V 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 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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