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Shanghai Mint Commemorative Medal
上海造幣廠紀念章
Item number: M362
Year: AD 1922
Material: Bronze
Size: 38.8 x 38.8 x 2.2 mm
Weight: 21.75 g
Manufactured by: Waterbury Farrel Foundry & Machine Company
Provenance: Stack’s Bowers 2024
This is a bronze commemorative medal minted in AD 1922 by the Waterbury Farrel Foundry & Machine Company of Connecticut, USA. The medal was produced to test the functionality of machinery to be delivered to the Central Mint in Shanghai, operated by the Nationalist Government, and to commemorate the event.
Founded in AD 1851, the Waterbury Farrel Foundry & Machine Company specialised in the production of large industrial equipment, including printing presses, rolling mills, drop forging machines, cold headers, and various types of machine tools.
The obverse of the medal features the manufacturer’s name, “WATERBURY FARREL FOUNDRY & MACH. CO. USA”, inscribed in the upper half, while the name of the import agent, “AMERICAN TRADING CO.”, is engraved in the lower half. The upper and lower edges bear the words “BUILDERS” and “AGENTS”, respectively.
The reverse of the medal features the client’s name, “CHINESE GOVERNMENT MINT,” engraved along the upper edge. At the centre, the location is inscribed as “SHANGHAI CHINA,” while the lower edge bears the year “1922.”
In the 17th year of the Republic of China (AD 1928), following the successful completion of the Northern Expedition, the Nationalist Government renamed the Shanghai Mint as the Central Mint, placing it under the jurisdiction of the Ministry of Finance. The Central Mint officially began operations in the 22nd year of the Republic of China (AD 1933). Most of the machinery used by the mint was imported from the United States. Furthermore, the Nationalist Government even entrusted the Philadelphia Mint in the U.S. to directly produce coins on their behalf.