CHINA: Silver Suns

The money men at China’s new $5,000,000 U. S.-built Shanghai Mint (TIME, June 23) announced last week the silver sun, a new coin worth 40¢ in U. S. gold which will soon be struck to replace the “Shanghai dollar.”

One sun will equal 100 Chinese cents. Suns, half-suns, and 20-cent pieces will be struck in silver, ten-and five-cent pieces in nickel, one-cent pieces in copper.