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A banknote of 5 Dragon dollars issued in 1907 by the Kiangnan Yu-Ning Government Bank for circulation in the Jiangnan region.. The paper money of the Qing dynasty (Traditional Chinese: 清朝鈔票) was periodically used alongside a bimetallic coinage system of copper-alloy cash coins and silver sycees; paper money was used during different periods of Chinese history under the Qing dynasty ...
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).
Jiaozi (Chinese: 交子) was a form of promissory note which appeared around the 11th century in the Sichuan capital of Chengdu, China. Numismatists regard it as the first paper money in history, a development of the Chinese Song Dynasty (960–1279 CE).
Under the Ming dynasty the policy of predominantly using paper money (such as the Da Ming Baochao banknotes) which was started under the Mongols would continue until 1505 when Spanish dollars and other silver coins became the dominant currency. Native production of cash coins had ceased between 1375 and 1376, from 1387 until 1379, from 1393 (as ...
These banknotes were stipulated to become the only legal tender paper money in China in 1910, but due to the fall of the Qing dynasty in 1911 the Chinese currency system reverted to its original chaotic state during the early Republican era and the Da-Qing Bank would be reorganized as the Bank of China in 1912, which would continue to produce ...
A banknote of 1 guàn (or 1000 wén) issued between 1380 and the early 16th century.. The Great Ming Treasure Note [1] (simplified Chinese: 大明宝钞; traditional Chinese: 大明寶鈔; pinyin: dà míng bǎo chāo) or Da Ming Baochao was a series of banknotes issued during the Ming dynasty in China.
Chinese paper money reappeared in the 19th century during the Qing dynasty. In 1853, Great Qing Treasure Note banknotes were introduced in denominations of 500, 1000 and 2000 wén. 5000 wén notes followed in 1856, with 10,000, 50,000 and 100,000 wén notes added in 1857.
Like previous Chinese notes, there was a fee for redeeming them for copper coins: 15 wén per guàn. Jiaochao initially had an expiration period of seven years upon issue but in 1189 this was abolished, giving notes an indefinite lifespan. Like other early Chinese paper currencies, it was a victim of overprinting which led to runaway inflation.
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