Overview
The coin features a square central hole and copper composition, imitating traditional Chinese cash coins. However, the obverse inscriptions are stylized Tibetan script reading 'dga' ldan pho brang' (Ganden Phodrang), identifying it as an issue of the Tibetan government.
Story
This coin was issued by the Tibetan Government during its period of de facto independence (c. 1912-1950). Featuring stylized Tibetan script, these coins were part of an autonomous monetary system designed to replace Chinese currency, with this specific piece utilizing the traditional cash-style square hole format. The market for early 20th-century Tibetan coinage is a specialized but active niche within world numismatics.
Maker / Origin
Tibetan Government
Condition & Value
Based on the visible evidence, the coin shows typical wear consistent with mid-20th-century circulated copper issues. The value is heavily dependent on the legibility of the Tibetan script on both the obverse and reverse, as well as the structural integrity of the central square hole.