一、历史背景与铸造背景
中华民国二年（1913年），正值辛亥革命胜利后中华民国初建之际，中国社会处于从封建帝制向民主共和制转型的关键时期。四川地区作为西南重镇，政治、经济地位尤为重要。为稳定地方金融秩序、促进商贸流通，时任四川军政府都督胡景伊决策，由四川造币厂铸造发行贰百文双旗币。此币种不仅承载着货币职能，更成为共和理念与地方经济探索的实物见证。
二、钱币规格与工艺特征
1、规格参数：
直径43.2mm，厚度2mm，重量25.1g，符合民国初期机制铜元的标准形制。
2、正面设计：
中央“贰百文”字样刚劲有力，字体兼具传统书法韵味与现代印刷规整性。
圈内环绕饱满麦穗，象征农业丰收与民生根基。
上缘“中华民国二年”标明纪年，下缘“四川造币厂造”明确铸地，左右四角星花纹寓意革命光芒普照。
3、背面设计：
珠圈内交叉的铁血十八星旗与五色旗，分别象征革命精神与五族共和理念。
旗杆璎珞弯曲，双旗挺立，象征国家统一与政治理想。
上方英文“THE REPUBLIC OF CHINA”，下方“200 CASH”，为民国四川铜元中唯一使用英文的版本，体现中西文化交融。
4、工艺水平：采用先进机造技术，模具雕刻精细，线条流畅，包浆自然温润，历经百年仍保留清晰纹饰，彰显民国初期造币工艺的巅峰水准。
三、历史价值与文化意义
1、政治见证：
双旗图案与英文标识，直观呈现共和理念与国际化视野，是民国初年政治变革的实物缩影。
2. 经济实证： 作为当时四川地区流通的主要货币，反映地方金融体系在动荡中的探索与调整。
3. 文化载体： 麦穗、双旗等元素融合传统吉祥纹饰与现代政治符号，体现时代审美与工艺传承。
4. 学术价值： 为研究民国货币制度、地方经济史及铸币技术提供珍贵实物资料，具有不可替代的历史研究意义。 四、稀有性与市场地位 1、存世量稀缺： 因民国政府统一币模后停止铸造，加之战乱损毁与自然流失，现存品相完好的贰百文双旗币极为罕见。
2. 拍卖纪录： 近年拍卖市场中，同类藏品屡创高价，如2023年的一枚贰百文双旗币以130万元成交，2025年更有一枚以189万元刷新纪录，凸显其市场热度与升值潜力。
3. 收藏定位： 在民国铜元体系中，贰百文面值因铸造量少、流通时间短，被公认为“珍稀版别”，是藏家竞逐的焦点。 五、收藏建议与投资价值 1、品相优先： 选择包浆自然、纹饰清晰、无严重磨损的藏品，此类钱币在拍卖中更具竞争力。
2. 版别鉴别： 关注“曲缨版”等特殊版别，其铸工与艺术价值通常优于普通版本。
3. 文化传承： 收藏此币不仅是财富积累，更是对民国历史的尊重与传承，适合作为家族文化资产代际传递。
4. 投资潜力： 随着钱币收藏市场成熟，稀缺性品种长期升值趋势明确，此币兼具文化品味与投资回报双重属性。 六、结语 中华民国二年贰百文双旗币（四川省造），以其独特的历史背景、精湛的工艺水准、稀缺的存世量及深厚的文化内涵，成为民国钱币中的巅峰之作。对于藏家而言，它不仅是一件珍贵的实物资产，更是一把打开民国历史大门的钥匙。若您渴望在收藏领域寻觅兼具历史厚度与投资价值的珍品，此币定是不可或缺的选择。
Two hundred double-flag coins of the Republic of China (produced in Sichuan Province) Recommended quality products
一、Historical and Foundry Backgrounds In the second year of the Republic of China (1913), just after the victory of the Xinhai Revolution and the early establishment of the Republic of China, Chinese society was in a critical period of transition from a feudal monarchy to a democratic republic. As a key town in the southwest, Sichuan played a particularly important political and economic role. In order to stabilize the local financial order and promote trade and commerce, Hu Jingyi, the then Governor of the Sichuan Military Government, made a decision to have the Sichuan Mint cast and issue two-hundred-wen double-flag coins. This currency not only carries monetary functions but also serves as a physical testimony to the concept of republicanism and local economic exploration. 二、Coin Specifications and Technological Features
1. Specification parameters: With a diameter of 43.2mm, a thickness of 2mm, and a weight of 25.1g, it conforms to the standard shape of the copper coins minted in the early Republic of China.
2. Front design: The central "200" is bold and powerful, with a font that combines the charm of traditional calligraphy and the neatness of modern printing. The circle is surrounded by plump wheat ears, symbolizing agricultural harvest and the foundation of people's livelihood. The upper edge bears the date "Year 2 of the Republic of China," indicating the year of minting, while the lower edge clearly states "Made by Sichuan Mint." The star patterns on the four corners symbolize the revolutionary light shining everywhere.
3. Back design: The crossed 18-starred Iron and Blood Flag and the Five-colored Flag within the wreath symbolize the revolutionary spirit and the concept of the Five-Race Republic, respectively. The flagpole is twisted, yet the two flags stand upright, symbolizing national unity and political ideals. The English inscription "THE REPUBLIC OF CHINA" on the top and "200 CASH" on the bottom are the only versions of the Sichuan copper coins of the Republic of China that use English, reflecting the fusion of Chinese and Western cultures.
4. Craftsmanship level: Utilizing advanced machine manufacturing technology, the mold is carved with precision, featuring smooth lines and a naturally warm patina. Despite being over a century old, it still retains clear decorative patterns, showcasing the peak level of coinage craftsmanship in the early Republic of China. III. Historical Value and Cultural Significance
1. Political witness: The double-flag pattern and English logo visually present the republican concept and international vision, serving as a physical epitome of the political reforms in the early years of the Republic of China.
2. Economic empirical evidence: As the main currency circulating in Sichuan at that time, it reflects the exploration and adjustment of the local financial system amidst turbulence.
3. Cultural carrier: Elements such as wheat ears and double flags blend traditional auspicious patterns with modern political symbols, reflecting the aesthetic of the times and the inheritance of craftsmanship.
4. Academic value: It provides valuable material objects for studying the monetary system, local economic history, and coinage technology of the Republic of China, and holds irreplaceable significance in historical research. IV. Rarity and Market Position 1. Scarcity of availability: Due to the Republic of China government's cessation of minting after unifying the coinage, coupled with damage from wars and natural loss, well-preserved two-hundred-wen double-flag coins are extremely rare.
2. Auction records: In recent years, similar collectibles have repeatedly achieved high prices in the auction market. For instance, a two-hundred-wen double-flag coin sold for 1.3 million yuan in 2023, and in 2025, another one set a new record at 1.89 million yuan, highlighting its market popularity and potential for appreciation.
3. Collection location: In the copper coin system of the Republic of China, the 200-wen denomination was recognized as a "rare edition" due to its small mintage and short circulation time, making it a focal point for collectors. V. Collection Suggestions and Investment Value 1. Quality and condition come first: Choose collectibles with natural patina, clear patterns, and no severe wear and tear. Such coins are more competitive in auctions.
2. Edition identification: Pay attention to special editions such as the "Quying edition", as their casting craftsmanship and artistic value are usually superior to those of ordinary editions.
3. Cultural inheritance: Collecting this coin is not only a form of wealth accumulation, but also a gesture of respect and inheritance towards the history of the Republic of China. It is suitable for intergenerational transmission as a family cultural asset.
4. Investment potential: As the numismatic collection market matures, the long-term appreciation trend of scarce varieties is clear. This coin possesses both cultural taste and investment returns. VI. Conclusion The Republic of China Two-Year Two-Hundred-Wen Double-Flag Coin (manufactured in Sichuan Province) stands as the pinnacle of Republic of China currency, distinguished by its unique historical background, exquisite craftsmanship, scarcity in circulation, and profound cultural connotations. For collectors, it is not merely a precious physical asset, but also a key that unlocks the doors to the history of the Republic of China. If you aspire to seek treasures in the realm of collecting that embody both historical depth and investment value, this coin is an indispensable choice.
