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Ancient Chinese coinage includes some of the earliest known coins. These coins, used as early as the Spring and Autumn period (770–476 BCE), took the form of imitations of the cowrie shells that were used in ceremonial exchanges.
Chinese cash coins continued to be produced into the first year of the Republic of China until their production was completely phased out in 1912. A large number of trial coins were also cast, however these weren't ever officially issued. The following cash coins were cast during the Republic of China in 1912: [134]
The last Chinese cash coins were cast in the first year of the Republic of China. Generally most cash coins were made from copper or bronze alloys, with iron, lead, and zinc coins occasionally used less often throughout Chinese history. Rare silver and gold cash coins were also produced.
Bronze mold for minting banliang coins, Warring States period (c. 475 – 221 BC), state of Qin, from an excavation in Qishan County, Baoji, Shaanxi. The banliang (Chinese: 半兩; pinyin: bànliǎng) was the first unified currency of in imperial Chinese history, 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 ...
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).
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 ...
Modern Chinese numismatists and scholars are puzzled as to why an ancient state would manufacture so many different varieties of a coin in such small quantities. [ 18 ] In the year 2010 a three hole spade with the obverse inscription Wu Yang (武陽, wǔ yáng ) was sold at a China Guardian Auction for about US$ 567,000 (or 3,528,000 yuan ).
Wu Zhu (Chinese: 五銖) is a type of Chinese cash coin produced from the Han dynasty in 118 BC when they replaced the earlier San Zhu (三銖; "Three Zhu") cash coins, which had replaced the Ban Liang (半兩) cash coins a year prior, [1] until they themselves were replaced by the Kaiyuan Tongbao (開元通寳) cash coins of the Tang dynasty in 621 AD.
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