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Old Chinese Currency used in 1920–23. This currency was also used in Hunza state.. The use of shell money is attested to in the Chinese writing system.The traditional characters for 'goods' (貨), 'buy/sell' (買/賣), and 'monger' (販), in addition to various other words relating to 'exchange', all contain the radical 貝, which is the pictograph for shell (simplified to 贝).
In 1889, Chinese currency began to be denominated in the yuan and its subdivisions. The cash or wén was retained in this system as 1 ⁄ 1000 yuan. Traditional style, cast 1 wén coins continued to be produced until the end of the Chinese Empire in 1911. The last coins denominated in cash were struck in the early years of the Republic of China ...
Ying Yuan (Chinese: 郢 爰; pinyin: yǐng yuán) were stamped blocks of gold bullion. This was an early form of currency that could be considered a precursor to gold coins. [1] [self-published source] They were issued by the ancient Chinese state of Chu during the Warring States period between the 400s and late 200s BCE. [1]
These cash coins have the character Fu (Chinese: 福; pinyin: fú) on the reverse in reference to Fuzhou. They are made of lead. Wang Shenzhi: Yonglong Tongbao: 永隆通寶: yǒnglóng tōng bǎo: These iron cash coins have the character Min (Chinese: 閩; pinyin: mǐn) on the reverse and comes from the Fujian region. There is a crescent below.
Chinese coins were manufactured by being cast in molds, whereas European coins were typically cut and hammered or, in later times, milled. Chinese coins were usually made from mixtures of metals such copper, tin and lead, from bronze, brass or iron: precious metals like gold and silver were uncommonly used. The ratios and purity of the coin ...
Spade money (traditional Chinese: 布幣; simplified Chinese: 布币; pinyin: bù bì) was an early form of coin and commodity money used during the Zhou dynasty of China (1045 to 256 BCE). Spade money was shaped like a spade or weeding tool, but the thin blade and small sizes of spade money indicate that it had no utilitarian function. [ 1 ]
Before the Spring and Autumn period, during the Shang dynasty, cowrie shells had been used as an early type of money. In the Zhou period, their use became more stylised with replica shells made of porcelain, jade or metal coming into use. Some sources suggest that early round coins were a highly stylised representation of the cowrie shells. [1] [2]
Bronze mold for minting Ban Liang coins, Warring States period (475-221 BC), State of Qin, from an excavation in Qishan County, Baoji, Shaanxi province. The Ban Liang (Chinese: 半兩; pinyin: bàn liǎng) was the first unified currency of the Chinese empire, first minted as early as 378 BC and introduced by the first emperor Qin Shi Huang as China's first unified currency around 210 BC [1 ...