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The cash or qian was a type of coin of China and the Sinosphere, used from the 4th century BCE until the 20th century, characterised by their round outer shape and a square center hole (Chinese: 方穿; pinyin: fāng chuān; Jyutping: fong1 cyun1; Pe̍h-ōe-jī: hong-chhoan).
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. One of these large Yonglong Tongbao coins was worth 10 small coins and 100 lead coins. A string of 500 of these poorly made Min iron coins were popularly called a kao ("a manacle"). 942: Wang Yanxi
Round metal coins with a round, and then later square hole in the center were first introduced around 350 BCE. The beginning of the Qin dynasty (221–206 BCE), the first dynasty to unify China , saw the introduction of a standardised coinage for the whole Empire.
There is a type of Wu Zhu cash coins which above the square center hole appear to have an ancient Chinese rod numeral, this ancient Chinese rod number appears to be protruding above the surface of the cash coin, it is a horizontal line with three vertical lines underneath. This is the ancient Chinese rod numeral symbol for "8" (eight).
The hole enabled the coins to be strung together to create higher denominations, as was frequently done due to the coin's low value. The number of coins in a string of cash (simplified Chinese: 一贯钱; traditional Chinese: 一貫錢; pinyin: yīguàn qián) varied over time and place but was nominally 1000. [4]
The coins were round with a square hole in the middle which was the common design for most Chinese copper coins until the 20th century. Due to the low value of an individual coin, the Chinese have traditionally strung a nominal thousand copper coins onto a piece of string. Government taxes were levied on both coins and products such as rolls of ...
Some coins give the impression that holes were used to save metal, though it may not be possible to prove with certainty that this was the reason for creating the holes. An example of such a coin with a fairly large hexagonal hole is a undated tin 1 cash coin, minted in the period 1550–1596, that circulated in the Banten Sultanate on Java and ...
Zhongshan kingdom (Chinese: 中山国; pinyin: zhōngshān guó) (nearly in the 4th century BC), a small vassal state in the mid-Warring States period, first invented and used the early three-hole spade money (Chinese: 三孔布币; pinyin: sān kǒng bù bì), whose contour looked like a mountain. At that time, the handicraft industry ...