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EARLYANCIENT CHINESE COIN

ThePan Liang (Ban Liang) was the first unified currency ofChina. It was a cast round uniface copper coin with a squarehole with the two characters 'Pan Liang', which roughly translates as'half ounce' The coin was introduced about 210BC with aweight of 12 Shu. About 175BC it was officially reduced to 4 Shu, thenlater to 3 Shu. The basic design of a round, cast coin with asquare hole became the standard that China continued to use for over2000 years! Considering its age, it is a remarkablyinexpensive coin.

Pictures Of Real Chinese Money Currency

ItemCN-PAN CHINA, PAN LIANG 175-118BC(Scj. 107+) Fine $12.50

THEREMARKABLE WU-CH'U COIN

In118BC Emperor Yuan-shou withdrew the Pan-Liangcoin and introduced a new coin, called the Wu Ch'u (Wu Zhu) worth 5Shu. Unlike the earlier Pan Liang coins it had a raised rimto prevent filing. The coin proved quite popular, and exceptfor the Wang Mang interregnum, it continued to be issued in variousversions for the next six centuries! Now that is significantmonetary stability.

ItemCN-WU CHINA WU-CH'U COIN 118BC -circa 500AD (Scj.114+) F-VF $7.00

THE DISASTROUSREIGN OF WANG MANG

WangMang arranged to have himself appointed regent for the young HanEmperor in 7AD. Two years later he killed the boy and usurped thethrone. He attempted major reforms of China's economy, manyof which were attempted by the communists in the 1950's, Theseincluded the abolition of slavery, introduction of an incometax,redistribution of the land, institution of price controls, andconfiscation of gold. He demonetized existing coins andinstituted new ones based on an unbacked fiat coinage. Despite theexecution and exile of thousands, the reforms were not accepted. Theeconomy collapsed; there were widespread general strikes and massivestarvation. In 23AD Wang was slain, his 'reforms' were abolished andthe Han dynasty restored. We offer the following two unusual coinsissued by Wang Mang: The first is a Ta Ch'ien Wu Shih coin, which heintroduced in 7AD. Though only slightly heavierthan the old Wu Ch'u coins, it was worth 50 Wu Ch'u. As mightbe expected the merchants did not take too kindly to this newcoin. In 14AD the value of the Ta Chi'en Wu Shih coin wasreduced in value from 50 Cash to 1 Cash. The same year heintroduced a new coin, called a Hou Ch'uan.. The coin remained in useuntil after his death, when the Wu Ch’u was restored as the standardcirculating coin of China.

ItemCN-TA-CH'IEN CHINA WANG MANG 50 CASH COIN (TACH'IEN WU SHIH) 7-14AD Scj.120+ VF $12.00

ItemCN-HOU-CHUANCHINA WANG MANG HOU CH'UAN COIN 14-23ADScj.149+ Fine $7.50

ONLYCOIN OF THE SHORT-LIVED SUI DYNASTY OF CHINA

TheSui Dynasty lasted only 37 years, from 581 to 618AD, yet led a majortransition in China’s history. The dynasty united China forthe first time after four centuries of division and strife. Buddhism was encouraged and Confucian rituals reintroduced. Majorconstruction projects were undertaken, including upgrades to the GreatWall and construction of the Grand Canal which is still in usetoday. The canal connected northern and southern Chinatogether with the inland capitals of the dynasty. Majorreforms were implemented, redistribution of farm lands, includingmaking the penal code and administrative rules fairer, more lenient andsimpler, taxation reform, and a major coinage reform. A new,well made, broad-rimmed Wu Chu coin with distinct characters wasintroduced. The Dynasty conquered northern Vietnam and made adisastrous attempt to conquer Korea. Large numbers ofconscripts were needed for the construction projects and to fight wars,leading to a shortage of agricultural workers. Theheavy taxation and compulsory labor duties needed for the ambitiouswars and construction projects led to widespread revolts and thedynasty was overthrown in 618AD.

ItemCN-SUI CHINA, SUI DYNASTY WU CH'U 581-618AD VF$12.00

TheK'ai Yuan coin was introduced by Chinese Emperor Kao Tsu, who foundedthe Tang Dyansty in 618AD. The coins replaced the previouslyused Wu-Chu and other coins. The high quality of the coinsand excellent calligraphy set a standard for Chinese coins for the next1000 years! The legend on the coin, K'ai Yuan TungPao translates as 'precious currency of the K'ai Yuanera'. The Tang Dynasty was a brilliant period inChinese history. It was an era of great prosperity andartistry. The K'ai Yuan coin continued to be issuedfor the next 300 years, until the collapse of the Dynasty in907AD. During much of the dynasty the coin was theonly denomination struck. Because of the relatively low valueof the coin and the high level of commerce a LOT of the coins wereissued during that period. (Think of doing all your transactions withonly pennies!) As a result the coin, though over1000 years old, is still plentiful and inexpensive.
ItemCN-KAI CHINA K'AI YUAN 1 CASH COIN 618-907ADScj. 312+ Fine-VF $4.50
ItemCN-KAIx10 10 PIECES OF CHINA K'AI YUAN 1 CASHCOIN 618-907AD Fine-VF $25.00
ItemCN-KAIx25 25 PIECES OF CHINA K'AI YUAN 1CASHCOIN 618-907AD Fine-VF $49.50

ATTRACTIVELARGECOIN OF CHINA’S NORTHERN SONG DYNASTY

TheNorthern (Pei) Song (Sung) Dynasty came to power in 960AD. China prospered under its wise Emperors. In 1101 Emperor Hui Zong (HuiTsung) came to power. A cultured man, poet, painterand avid patron of the arts, he spent vast sums collecting art,supporting artists, and building a costly imperialgarden. He neglected the affairs ofstate. The civil service became increasingly corrupt, thearmy weak, and the treasury bankrupt. The Emperor allied himself withthe increasingly powerful Jin (Chin Tarters) of Manchuria to attack anddestroy the neighboring Liao Kingdom. The Jin (Chin), thenturned against him and succeeded in sacking and destroying the weakenedSong Dynasty. Hui Zong was captured, along with most of theImperial Court, and died in exile in Manchuria.
In 1102 Hui Zong began to issue thisattractive, large (32 to 35mm) copper 10 Cash coin (some referencescall it a 5 Cash) using the reign title Chong Ning (Ch'ung Ning). Thecoins had far less copper than five one cash coins, so brought insubstantial extra revenue for the government. As might beexpected, this devalued money drove the good money out of circulationwhich caused a severe coin shortage. The public outcry causedthe Emperor to discontinue the coins by 1106AD. It is anattractive coin from a cultured, but inept, Emperor of China.

ItemCN-S622 CHINA 10 CASH CHONG NING 1102-1106ADORTHODOX SCRIPT Scj. 622-623 VF $15.00

OLD COINS OFCHINA by HolgerJorgensen

Asmall but complete identification guide book for Chinese cash coinsfrom600BCto 1912AD. Best book if you just want to identify Chinese cashcoinsbyemperor and date without going into varieties. Features line drawingsofcoins with reign title and reign dates, but not much furtherinformation. Reprint. 26pagesand plates. 5.5' x 8.5', softcover.

ItemBK-Jorgensen Book: OLD COINS OF CHINA byHolger Jorgensen $6.00

OLD CHINESELOTTERY LOAN BOND

The Republic of China issued this 5 Dollar Second NationalistGovernment Lottery Loan bond in 1926 to raise money to financeimprovements in the Port of Whampoa in Canton, (now Pazou, a section ofGuangzhou). Rather than pay interest the bonds wereautomatically entered into a tri-monthly lottery