- Hong Kong Mint
-
Hong Kong Mint (Chinese: 香港造幣廠) was a mint in Hong Kong existed from 1866 to 1868. It was located in Sugar Street, Hong Kong Island. A Mint Dam, on the slope of Mount Butler, was constructed to supply water to the mint.
In early colonial Hong Kong, mixed currencies of various kinds were used. Although British pound was official currency, it was not well accepted by the merchants and residents[citation needed], especially Chinese, in Hong Kong. Various silver currencies remained medium of trade in the city.
In order to provide a steady supply of silver dollar in Hong Kong. Hercules Robinson, the then-Hong Kong Governor, decided to found Hong Kong Mint in 1864. The mint opened on 1866-05-07 under the direction of the Master of the Mint, Thomas William Kinder[1] but soon closed in 1868 during Richard MacDonnell's governorship. The reasons for this were the poor reception of the coins as well as continued debasement of the silver coins causing huge loss. The mint machinery was sold to the Japan Mint in Osaka, Japan.
See also
References
- ^ Journal of the Royal Asiatic Society Hong Kong Branch Vol 47 2007: "The Hong Kong Mint, 1864 - 1868: The History Of An Early Engineering Experiment by P. Kevin MacKeown
External links
- The Hong Kong Early Currency and The Unsuccessful Hong Kong Mint (in Chinese)
- Hong Kong Coinage
- Hong Kong Currency
Categories:- Government agencies established in 1866
- Mints
- Currencies of Hong Kong
Wikimedia Foundation. 2010.