2 Qian 5 Fen - Zhizheng Zhibao ND
| Bronze | - | 68 mm |
| Issuer | Empire of China |
|---|---|
| Emperor | Yuan dynasty › Ukhaghatu Khan "Huizong" (元惠宗) (1333-1368) |
| Type | Standard circulation coin |
| Years | 1350-1368 |
| Value | 2 Qian 5 Fen = 250 Cash |
| Currency | Cash (621-1912) |
| Composition | Bronze |
| Diameter | 68 mm |
| Shape | Round with a square hole |
| Technique | Cast |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-03 |
| Numista | N#221502 |
|---|---|
| Rarity index | 100% |
Reverse
Seven Chinese ideograms read top, right to the bottom, and left to the bottom.
Script: Chinese (traditional, regular script)
Lettering:
吉
貳 權
錢 鈔
伍
分
Translation:
Ji / Quan Chao / Yi Qian Er Fen
Ji / Equivalent in paper money / 2 Qian 5 Fen
Designer: Zhou Boqi
Edge
Plain
Comment
The Ji is for Ji'an mint, Jianxi.In 1350, chancellor Tuotuo attempted to reform the currency system of the Yuan dynasty by printing more paper money and creating large coins that promised to back the paper money. Even so, people hated the paper money because it could be easily damaged and be made un-redeemable, and the people were angry to the point that rebellions broke out in the Southern regions. The government printed even more paper money to fund they the military to fight the rebellions; however, that caused a hyperinflation.
People ended up disregarding the paper money and went back to a bartering system, making even the use of circulating coins a rarity.
Interesting fact
One interesting fact about the Standard circulation coin 2 Qian 5 Fen - Zhizheng (Zhibao) ND (1350-1368) from Empire of China made of Bronze is that it was used as a form of currency during the reign of the Mongol Empire in China, which was a time of great cultural and economic exchange between China and other parts of Asia and Europe. The coin features an inscription in Chinese characters that reads "Zhizheng Tongbao" which means "Zhizheng currency" and is surrounded by a decorative border. The use of bronze in the production of coins during this period was a common practice in China and other parts of Asia, as it was a durable and accessible material that could be easily minted into coins.
