© Stephen Album Rare Coins
© Stephen Album Rare Coins
5 Qian - Zhizheng Zhibao ND
| Bronze | 149.45 g | 78 mm |
| Issuer | Empire of China |
|---|---|
| Emperor | Yuan dynasty › Ukhaghatu Khan "Huizong" (元惠宗) (1333-1368) |
| Type | Standard circulation coin |
| Years | 1350-1368 |
| Value | 5 Qian = 500 Cash |
| Currency | Cash (621-1912) |
| Composition | Bronze |
| Weight | 149.45 g |
| Diameter | 78 mm |
| Shape | Round with a square hole |
| Technique | Cast |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#221498 |
|---|---|
| Rarity index | 100% |
Reverse
Five Chinese ideograms read top, right to the bottom, and left to the bottom.
Script: Chinese (traditional, regular script)
Lettering:
吉
伍 權
錢 鈔
Translation:
Ji / Quan Chao / Wu Qian
Ji / Equivalent in paper money / 5 Qian
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 5 Qian - Zhizheng (Zhibao) ND (1350-1368) from Empire of China made of Bronze weighing 149.45g is that it was used as a form of currency during the reign of Emperor Zhibao, also known as Emperor Shundi, who ruled the Ming dynasty from 1350 to 1368. This coin was part of a new currency system introduced by the emperor to replace the old system that had been in place since the beginning of the Ming dynasty. The coin was widely used throughout China and was an important part of the country's economy during that time.
