China 2 Fen Coin (First Issued 1956)

The China 2 Fen coin, first issued in 1956, forms part of the early Renminbi coinage system and represents one of the smallest fractional denominations. Equal to 1/50 of a yuan, it reflects an earlier period of Chinese currency design, with strong national symbolism and a clean, structured layout. Although it has long been withdrawn from everyday use, it can still be exchanged through Webuyallcurrency.com.

Can this 2 Fen coin be exchanged?

Yes. Even though it is no longer in circulation, it can still be processed as part of a bulk currency submission and converted into a single payment.

Key information

About the China 2 Fen Coin

This coin features a lightweight aluminium composition, giving it a pale silver tone and a soft, matte finish. The design reflects a formal, state-focused aesthetic, with clear emphasis on national identity and agricultural symbolism.

Obverse (Front)

The obverse is centred on the national emblem of the People’s Republic of China. The emblem is enclosed within a circular wreath composed of stylised wheat ears, which curve upward from both sides and meet near the top.

At the centre of the emblem, the Tiananmen Gate is depicted in simplified form, with horizontal layers suggesting the structure’s roof and base. Above it, five stars are arranged in an arc, with one larger star positioned centrally and four smaller stars surrounding it.

The wheat ears are engraved with fine خطوط that indicate grain structure, with individual segments clearly defined along each stalk. The base of the wreath is tied together with a ribbon-like element, completing the circular form.

Encircling the emblem, Chinese characters spell out “中华人民共和国,” identifying the People’s Republic of China. The lettering follows the curvature of the coin and is evenly spaced, with clean, raised edges.

The background field is smooth, allowing the emblem to stand out prominently.

Reverse

The reverse is structured around the denomination, with the large numeral “2” positioned at the top centre. Below it, the Chinese characters “贰分” indicate the value of two fen.

Flanking the central text on both sides are symmetrical wheat ears, mirroring the agricultural theme seen on the obverse. These ears curve inward toward the centre, framing the denomination.

The wheat is engraved with fine detail, with individual grains and stems clearly visible. The curvature of the ears creates a natural enclosure around the central text.

At the bottom of the coin, the year “1982” is engraved, aligned centrally. While the coin type was first issued in 1956, multiple years of minting exist within the same design series.

The layout is balanced and symmetrical, with the denomination clearly defined and framed by agricultural motifs.

Why coins like this are not accepted by banks

Withdrawn currencies and foreign coins are not processed by UK banks due to handling costs and logistical complexity.

How your Chinese 2 Fen coins are valued

We apply a fixed pricing structure, allowing you to see the value instantly before sending your coins.

How to exchange your coins

1. Enter the quantity of 2 Fen coins you have
2. Add them to your account
3. View your total exchange value immediately

You can then complete your submission.

Where these coins are typically found

These coins are often kept from older travel, found in collections, or stored with other small denominations that are no longer in use.

Do you accept other Chinese coins

Yes, we accept a wide range of Chinese coins and banknotes. Multiple denominations can be submitted together.

FAQ: China 2 Fen Coin (1956)

Can I exchange China 2 Fen coins in the UK

Yes, they can be exchanged through specialist services even though banks do not accept them.

Is this coin still in circulation

No, it has been withdrawn from everyday use.

Why won’t banks accept this coin

Banks do not process foreign or withdrawn coins due to handling costs.

How do I find out what it’s worth

You can see the value instantly by adding it to your account.

Can I send this with other currencies

Yes, you can include it alongside other coins and banknotes.

How long does payment take

Payment is typically made within 5 working days after processing.

What is the safest way to send coins

We recommend using a tracked and insured postal service such as Royal Mail Special Delivery.

Turn small historic coins into a single payment

If you have China 2 Fen coins, Webuyallcurrency.com provides a simple way to exchange foreign coins and convert them into a single usable payment rather than leaving them unused.