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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.
Paper money sometimes showed pictures of the appropriate number of 1 wén coins strung together. In the 19th century, foreign coins began to circulate widely in China, particularly silver coins such as the Mexican peso. In 1889, Chinese currency began to be denominated in the yuan and its subdivisions.
Chinese historian Peng Xinwei stated that in the year 1900 traditional cast copper-alloy cash coins only made up 17.78% of the total Chinese currency stock, privately-produced banknotes made up only 3%, and foreign trade dollars circulating in China (which mostly included the silver Mexican peso) made up 25% of the total Chinese currency stock ...
The fifth series of the renminbi is the current coin and banknote series of the Chinese currency, the renminbi. They were progressively introduced since 1999 and consist of ¥0.1, ¥0.5, and ¥1 coins, and ¥1, ¥5, ¥10, ¥20, ¥50, ¥100 notes. The ¥20 banknote is a new denomination, and was added in this series.
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).
A Huo Quan (貨泉) cash coin Xin dynasty coinage (Traditional Chinese: 新朝貨幣) was a system of ancient Chinese coinage that replaced the Wu Zhu cash coins of the Han dynasty and was largely based on the different types of currencies of the Zhou dynasty, including knife money and spade money. [1]
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Daqian (Traditional Chinese: 大錢, "big cash") are large-denomination cash coins produced in the Qing dynasty starting from 1853 until 1890. Large denomination cash coins were previously used in earlier Chinese dynasties and had faced similar issues as 19th-century Daqian. The term referred to cash coins with a denomination of 4 wén or higher.