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1 Mil - Victoria

Issuer Hong Kong
Year 1863-1865
Type Standard circulation coin
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Obverse lettering HONG-KONG 18 63 VR ONE MIL
(Translation: Victoria Queen)
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Reverse script Chinese
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Additional information

The 1 Mil was the smallest unit in Hong Kong's decimal currency system introduced in 1863, itself a fraction of a cent — ten mils to the cent, one hundred cents to the dollar. In practice, the denomination proved almost immediately impractical for daily commerce, and circulation was so limited that the series was abandoned after just a few years. The British colonial administration never revived it.

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