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Until recent decades, coin issue in Hong Kong was sporadic. For much of its history as a trading city, Hong Kong relied on a wide variety of coins (whether legal tender or not) for its daily business:

Chinese cash, silver taels, and - later on - Chinese silver coins
British pounds, shillings and pence
Silver dollars from Spain and Mexico and other South American countries
Indian Rupees and other coins, and British trade dollars minted in India
US silver dollars and Japanese yen

Some coins current in nineteenth-century Hong Kong
Indian rupee
Spanish silver dollar
Mexican dollar
British trade dollar
Chinese cash


The first Hong Kong coins, minted at the Royal Mint in England in silver and bronze, bear the year 1863 and appeared in Hong Kong in 1864. For a brief period in the late 1860s, coins were minted at the new Hong Kong Mint in Causeway Bay. These coins were not well received. Production soon ceased, and the Mint closed down in 1868, with a financial loss of $440,000 to the government.