Page 81

Column 專欄 back from France, where he was being educated, and named his father’s successor in 1926 with the new name of Bao Dai. The young Emperor Bao Dai was sent back to France and a regent and a council functioned in his place. Emperor Khai Dinh’s second variety coin had a mintage of over 200 million coins, so it was very likely minted well after his son was named emperor. It was normal for a son to honor his King or Emperor father by continuing his father’s coins. Bao Dai was also not in Hue during that time and returned to the palace in September 1932.

B-110.7 (Lge Chars) Courtesy of Dr. R. Allan Barker

B-110.8 (Short Dai) Courtesy of Dr. R. Allan Barker

Sometime during 1933, Emperor Bao Dai began casting his own 3.2 gram cash-style coins and the French started minting his Sapeque coins at the same time. His Frenchminted coins weighed 1.36 grams so they were likely valued at 1000 to 1 piastre. There are also two major varieties of his coins; one with a large Dai character and the other with a small Dai.

B-110.10/Lec-29 (reg Dai) B-110.11/Lec-Unlisted (Sml Dai) Courtesy of Dr. R. Allan Barker

The French never stopped trying to create their own Sapeque-like coin and issued a holed 1/2 Cent coin in 1935, which was valued at 200 to 1 Piastre. This was somewhat close to the needs of the local people but not close enough, so the Emperor Bao Dai coins continued to be minted and valued at 1000 to 1 Piastre.

Daniel Collection KM-20/Lec-33

Copper is a critical military metal. So the minting of Emperor Bao Dai’s coins likely stopped in Haiphong soon after the Japanese arrived there in 1940. The Japanese started stockpiling all military metals there for shipment to Japan, to include Vietnamese and French coins. The French 1/2 Cent coin was changed to zinc in 1939 and 1940, then they were no longer shipped from Paris.

Daniel Collection KM-20a/Lec-35

So other Sapeque-like coins were needed satisfy the needs of the Vietnamese. They would be the zinc holed 1/4 Cent (400 to 1 Piastre) and 1 Cent coins like the previous 1/2 Cent coin. The 1 Cent coin was minted in Hanoi but the 1/4 Cent was minted at the Osaka Mint in Japan. Because of higher priority shipping of military materials, the 1/4 Cent coins did not arrive in time to be issued.

Daniel Collection KM-31/Lec-24

Daniel Collection KM-24/Lec-105

Inflation raised the cost of all goods and services because of the war. A small aluminum 1 Cent coin replaced the larger zinc 1 Cent coin, and a small aluminum 5 Cents coin also replaced the larger copper-nickel 5 Cents coin minted at the Paris Mint. These coins saw only one year of low mintages, and became the last French-holed Sapeque-like coins for the Vietnamese.

79

東 亞 泉 志

THE JOURNAL OF EAST ASIAN NUMISMATICS

The second issue of jean  

This is our second digital edition of the Journal of East Asian Numismatics(JEAN). It is the first Asian Numismatic Journal in English and C...

The second issue of jean  

This is our second digital edition of the Journal of East Asian Numismatics(JEAN). It is the first Asian Numismatic Journal in English and C...

Advertisement