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The cash or qian was a type of
coin A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order ...
of
China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...
and
East Asia East Asia is the eastern region of Asia, which is defined in both geographical and ethno-cultural terms. The modern states of East Asia include China, Japan, Mongolia, North Korea, South Korea, and Taiwan. China, North Korea, South Korea ...
, used from the 4th century BC until the 20th century AD, characterised by their round outer shape and a square center hole (方穿, ''fāng chuān''). Originally cast during the
Warring States period The Warring States period () was an era in History of China#Ancient China, ancient Chinese history characterized by warfare, as well as bureaucratic and military reforms and consolidation. It followed the Spring and Autumn period and concluded ...
, these coins continued to be used for the entirety of Imperial China. The last Chinese cash coins were cast in the first year of the Republic of China. Generally most cash coins were made from
copper Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pink ...
or
bronze Bronze is an alloy consisting primarily of copper, commonly with about 12–12.5% tin and often with the addition of other metals (including aluminium, manganese, nickel, or zinc) and sometimes non-metals, such as phosphorus, or metalloids suc ...
alloys, with
iron Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in ...
,
lead Lead is a chemical element with the symbol Pb (from the Latin ) and atomic number 82. It is a heavy metal that is denser than most common materials. Lead is soft and malleable, and also has a relatively low melting point. When freshly cut, ...
, and
zinc Zinc is a chemical element with the symbol Zn and atomic number 30. Zinc is a slightly brittle metal at room temperature and has a shiny-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodi ...
coins occasionally used less often throughout Chinese history. Rare
silver Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical ...
and
gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile ...
cash coins were also produced. During most of their production, cash coins were
cast Cast may refer to: Music * Cast (band), an English alternative rock band * Cast (Mexican band), a progressive Mexican rock band * The Cast, a Scottish musical duo: Mairi Campbell and Dave Francis * ''Cast'', a 2012 album by Trespassers William ...
, but during the late Qing dynasty, machine-struck cash coins began to be made. As the cash coins produced over Chinese history were similar, thousand year old cash coins produced during the
Northern Song dynasty Northern may refer to the following: Geography * North, a point in direction * Northern Europe, the northern part or region of Europe * Northern Highland, a region of Wisconsin, United States * Northern Province, Sri Lanka * Northern Range, a ...
continued to circulate as valid currency well into the early twentieth century. In the modern era, these coins are considered to be Chinese “good luck coins”; they are hung on strings and round the necks of children, or over the beds of sick people. They hold a place in various traditional Chinese techniques, such as Yijing divination, as well as
Traditional Chinese medicine Traditional Chinese medicine (TCM) is an alternative medical practice drawn from traditional medicine in China. It has been described as "fraught with pseudoscience", with the majority of its treatments having no logical mechanism of acti ...
, and Feng shui. Currencies based on the Chinese cash coins include the Japanese mon, Korean mun, Ryukyuan mon, and Vietnamese văn.


Terminology

The
English English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national ...
term ''cash'', referring to the coin, comes from the Portuguese ''caixa'' which was derived from the
Tamil Tamil may refer to: * Tamils, an ethnic group native to India and some other parts of Asia ** Sri Lankan Tamils, Tamil people native to Sri Lanka also called ilankai tamils **Tamil Malaysians, Tamil people native to Malaysia * Tamil language, na ...
''kāsu,'' a
South India South India, also known as Dakshina Bharata or Peninsular India, consists of the peninsular southern part of India. It encompasses the Indian states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, and Telangana, as well as the union terr ...
n monetary unit derived from the
Sanskrit Sanskrit (; attributively , ; nominally , , ) is a classical language belonging to the Indo-Aryan languages, Indo-Aryan branch of the Indo-European languages. It arose in South Asia after its predecessor languages had Trans-cultural diffusion ...
silver and gold weight unit ''karsa''. The English name was used for small copper coins issued in
British India The provinces of India, earlier presidencies of British India and still earlier, presidency towns, were the administrative divisions of British governance on the Indian subcontinent. Collectively, they have been called British India. In one ...
, and also came to be used for the similarly small value copper coins of China. The English word ''
cash In economics, cash is money in the physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-im ...
'' meaning "tangible currency" is an older, unrelated word, derived from the
Middle French Middle French (french: moyen français) is a historical division of the French language that covers the period from the 14th to the 16th century. It is a period of transition during which: * the French language became clearly distinguished from t ...
''caisse''. There are a variety of Chinese terms for cash coins, usually descriptive and most commonly including the character ''qián'' () meaning "money". Chinese ''qián'' is also a weight-derived currency denomination in China; it is called '' mace'' in English.


Manufacture

Traditionally, Chinese cash coins were
cast Cast may refer to: Music * Cast (band), an English alternative rock band * Cast (Mexican band), a progressive Mexican rock band * The Cast, a Scottish musical duo: Mairi Campbell and Dave Francis * ''Cast'', a 2012 album by Trespassers William ...
in
copper Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pink ...
,
brass Brass is an alloy of copper (Cu) and zinc (Zn), in proportions which can be varied to achieve different mechanical, electrical, and chemical properties. It is a substitutional alloy: atoms of the two constituents may replace each other wi ...
or
iron Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in ...
. In the mid-19th century, the coins were made of 3 parts copper and 2 parts lead.Roberts, Edmund. (1837) ''Embassy to the Eastern Courts of Cochin-China, Siam, and Muscat: In the U.S. Sloop-of-war Peacock'', Harper & Brothers. Harvard University archive. No ISBN Digitized. Cast
silver Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical ...
coins were periodically produced but considerably more rare. Cast
gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile ...
coins are also known to exist but are extremely rare.


Early methods of casting

During the
Zhou dynasty The Zhou dynasty ( ; Old Chinese ( B&S): *''tiw'') was a royal dynasty of China that followed the Shang dynasty. Having lasted 789 years, the Zhou dynasty was the longest dynastic regime in Chinese history. The military control of China by th ...
period, the method for casting coins consisted of first carving the individual characters of a coin together with its general outline into a mould made of either soapstone or clay. As this was done without using a prior model, early Chinese coinage tends to look very diverse, even from the same series of coins as these all were cast from different (and unrelated) moulds bearing the same inscriptions. During the
Han dynasty The Han dynasty (, ; ) was an Dynasties in Chinese history, imperial dynasty of China (202 BC – 9 AD, 25–220 AD), established by Emperor Gaozu of Han, Liu Bang (Emperor Gao) and ruled by the House of Liu. The dynasty was preceded by th ...
, in order to gain consistency in the circulating coinage, master bronze moulds were manufactured to be used as the basis for other cash moulds.


Later methods of manufacture

From the 6th century AD and later, new "mother coins" (''mǔ qián'' ) were cast as the basis for coin production. These were engraved in generally easily manipulated metals such as tin. Coins were cast in sand moulds. Fine wet sand was placed in rectangles made from pear wood, and small amounts of coal and charcoal dust were added to refine the process, acting as a flux. The mother coins were placed on the sand, and another pear wood frame would be placed upon the mother coin. The molten metal was poured in through a separate entrance formed by placing a rod in the mould. This process would be repeated 15 times and then molten metal would be poured in. After the metal had cooled down, the "coin tree" (''qián shù'' ) was extracted from the mould (which would be destroyed due to the process). The coins would be taken off the tree and placed on long square rods to have their edges rounded off, often for hundreds of coins simultaneously. After this process, the coins were strung together and brought into circulation. In
Korea Korea ( ko, 한국, or , ) is a peninsular region in East Asia. Since 1945, it has been divided at or near the 38th parallel, with North Korea (Democratic People's Republic of Korea) comprising its northern half and South Korea (Republic ...
cash coins are known as '' yeopjeon'' (葉錢, "leaf coins") because of the way that they resemble leaves on a branch when they were being cast in the mould. From 1730 during the
Qing dynasty The Qing dynasty ( ), officially the Great Qing,, was a Manchu-led imperial dynasty of China and the last orthodox dynasty in Chinese history. It emerged from the Later Jin dynasty founded by the Jianzhou Jurchens, a Tungusic-speak ...
, the mother coins were no longer carved separately but derived from "ancestor coins" (''zǔ qián'' ). Eventually this resulted in greater uniformity among cast Chinese coinage from that period onwards. A single ancestor coin would be used to produce tens of thousands of mother coins; each of these in turn was used to manufacture tens of thousands of cash coins.


Machine-struck coinage

During the late Qing dynasty under the reign of the Guangxu Emperor in the mid 19th century the first machine-struck cash coins were produced, from 1889 a machine operated
mint MiNT is Now TOS (MiNT) is a free software alternative operating system kernel for the Atari ST system and its successors. It is a multi-tasking alternative to TOS and MagiC. Together with the free system components fVDI device drivers, XaAE ...
in
Guangzhou Guangzhou (, ; ; or ; ), also known as Canton () and Chinese postal romanization, alternatively romanized as Kwongchow or Kwangchow, is the Capital city, capital and largest city of Guangdong Provinces of China, province in South China, sou ...
,
Guangdong province Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) ...
opened where the majority of the machine-struck cash would be produced. Machine-made cash coins tend to be made from
brass Brass is an alloy of copper (Cu) and zinc (Zn), in proportions which can be varied to achieve different mechanical, electrical, and chemical properties. It is a substitutional alloy: atoms of the two constituents may replace each other wi ...
rather than from more pure copper as cast coins often were, and later the copper content of the alloy decreased while cheaper metals like lead and tin were used in larger quantities giving the coins a yellowish tint. Another effect of the contemporary copper shortages was that the Qing government started importing Korean 5
fun Fun is defined by the ''Oxford English Dictionary'' as "Light-hearted pleasure, enjoyment, or amusement; boisterous joviality or merrymaking; entertainment". Etymology and usage The word ''fun'' is associated with sports, entertaining medi ...
coins and overstruck them with "10 cash". The production of machine-struck cash coins in Qing China ran contemporary with the production of machine-struck French Indochinese Nguyễn cash coins, but unlike in China milled cash coinage would eventually become popular in French Indochina with the
Khải Định Thông Bảo The Khải Định Thông Bảo (Hán tự: 啓定通寳) was a Vietnamese cash, French Indochinese sapèque coin produced from 1921 until 1933, the design of the coin was round with a square hole that was used for String of cash coins (currency u ...
(啓定通寶).


History


Ancient China

Chinese cash coins originated from the barter of
farm A farm (also called an agricultural holding) is an area of land that is devoted primarily to agricultural processes with the primary objective of producing food and other crops; it is the basic facility in food production. The name is use ...
ing tools and agricultural surpluses. Around 1200 BC, smaller token spades, hoes, and knives began to be used to conduct smaller exchanges with the tokens later melted down to produce real farm implements. These tokens came to be used as media of exchange themselves and were known as
spade money Spade money () was an early form of coin and commodity money used during the Zhou dynasty of China (1045 to 256 BC). Spade money was shaped like a spade or weeding tool, but the thin blade and small sizes of spade money indicate that it had n ...
and knife money.Fredrik Schöth. ''Chinese Currency''. Revised and edited by Virgil Hancock. Iola, WI, USA: Krause, 1965.


Imperial China

As standard circular coins were developed following the unification of China by
Qin Shi Huang Qin Shi Huang (, ; 259–210 BC) was the founder of the Qin dynasty and the first emperor of a unified China. Rather than maintain the title of " king" ( ''wáng'') borne by the previous Shang and Zhou rulers, he ruled as the First Empero ...
, the most common formation was the round-shaped copper coin with a square or circular hole in the center, the prototypical cash. The early
Ban Liang The Ban Liang (Traditional Chinese: ; Pinyin: ''bàn liǎng'') was the first unified currency of the Chinese empire, first minted as early as 378 BCE and introduced by the first emperor Qin Shi Huang as China's first unified currency around 210 ...
cash coins were said to have been made in the shape of wheels like how other Ancient Chinese forms of coinage were based on agricultural tools. It is commonly believed that the early round coins of the
Warring States period The Warring States period () was an era in History of China#Ancient China, ancient Chinese history characterized by warfare, as well as bureaucratic and military reforms and consolidation. It followed the Spring and Autumn period and concluded ...
resembled the ancient jade circles (璧環) which symbolised the supposed round shape of the sky, while the centre hole in this analogy is said to represent the planet earth (天圓地方). The body of these early round coins was called their "flesh" (肉) and the central hole was known as "the good" (好). 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'' () varied over time and place but was nominally 1000. A tael of pure
silver Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical ...
in
sycee A sycee (;.. from Cantonese , , ). or yuanbao () was a type of gold and silver ingot currency used in imperial China from its founding under the Qin dynasty until the fall of the Qing in the 20th century. Sycee were not made by a central ...
form traded for a fluctuating price of approximately 1000 cash. A string of cash was divided into ten sections of 100 cash each. Local custom allowed the person who put the string together to take a cash or a few from each hundred for his effort (one, two, three or even four in some places). Thus a string of cash could contain 970 coins in one city and 990 in the next. In some places in the North of China short of currency the custom counted one cash as two and fewer than 500 cash would be exchanged for an ounce of silver. A string of cash weighed over ten pounds and was generally carried over the shoulder. (See Hosea Morse's "Trade and Administration of the Chinese Empire" p. 130 ff.) Paper money equivalents known as
flying cash Flying cash (), or ''Feipiao'', was a type of paper negotiable instrument used during China's Tang dynasty invented by merchants but adopted by the state. Its name came from their ability to transfer cash across vast distances without physically tra ...
sometimes showed pictures of the appropriate number of cash coins strung together. Following the Ban Liang cash coins the Han dynasty introduced the San Zhu cash coins which in the year 118 BC were replaced by the
Wu Zhu Wu Zhu () 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,Numis' Numismatic Ency ...
cash coins. The production of Wu Zhu cash coins was briefly suspended by
Wang Mang Wang Mang () (c. 45 – 6 October 23 CE), courtesy name Jujun (), was the founder and the only emperor of the short-lived Chinese Xin dynasty. He was originally an official and consort kin of the Han dynasty and later seized the th ...
during the
Xin dynasty The Xin dynasty (; ), also known as Xin Mang () in Chinese historiography, was a short-lived Chinese imperial dynasty which lasted from 9 to 23 AD, established by the Han dynasty consort kin Wang Mang, who usurped the throne of the Emperor Pin ...
but after the reestablishment of the Han dynasty, the production of Wu Zhu cash coins resumed, and continued to be manufactured long after the fall of the Eastern Han dynasty for another 500 years. Minting was definitively ended in 618 with the establishment of the
Tang dynasty The Tang dynasty (, ; zh, t= ), or Tang Empire, was an Dynasties in Chinese history, imperial dynasty of China that ruled from 618 to 907 AD, with an Zhou dynasty (690–705), interregnum between 690 and 705. It was preceded by the Sui dyn ...
. Wu Zhu cash coins were cast from 118 BC to 618 AD having a span of 736 years, which is the longest for any coin in
human history Human history, also called world history, is the narrative of humanity's past. It is understood and studied through anthropology, archaeology, genetics, and linguistics. Since the invention of writing, human history has been studied thro ...
. The Tang dynasty introduced the Kaiyuan Tongbao, which would influence the inscriptions of cash coins, both inside and outside of China, minted from this period onwards. The
Korea Korea ( ko, 한국, or , ) is a peninsular region in East Asia. Since 1945, it has been divided at or near the 38th parallel, with North Korea (Democratic People's Republic of Korea) comprising its northern half and South Korea (Republic ...
ns,
Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the n ...
ese, Ryukyuans, and
Vietnam Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making ...
ese all cast their own copper cash in the latter part of the second millennium similar to those used by China. Chinese cash coins were usually made from copper-alloys throughout most of Chinese history, before 1505 they were typically made from
bronze Bronze is an alloy consisting primarily of copper, commonly with about 12–12.5% tin and often with the addition of other metals (including aluminium, manganese, nickel, or zinc) and sometimes non-metals, such as phosphorus, or metalloids suc ...
and from 1505 onwards they were mostly made from
brass Brass is an alloy of copper (Cu) and zinc (Zn), in proportions which can be varied to achieve different mechanical, electrical, and chemical properties. It is a substitutional alloy: atoms of the two constituents may replace each other wi ...
. 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 by the 1900s. The context of traditional Chinese cash coins in the Chinese economy during the 1900s and its late stage in the monetary history of China is comparable to that of
Western Europe Western Europe is the western region of Europe. The region's countries and territories vary depending on context. The concept of "the West" appeared in Europe in juxtaposition to "the East" and originally applied to the ancient Mediterranean ...
's tiered currency systems used prior to the steam-powered mints, struck coinage, and territorial nation-state currencies between the 13th and 18th century. Helen Dunstan argues that the late-Imperial Chinese polity was much more preoccupied with maintaining national grain reserves and making the price of grain affordable to the Chinese people and the attention of the government of the Qing dynasty to the exchange rate of copper and silver would have to be viewed in this light. The last Chinese cash coins were struck, not cast, during the reigns of the Qing
Guangxu The Guangxu Emperor (14 August 1871 – 14 November 1908), personal name Zaitian, was the tenth Emperor of the Qing dynasty, and the ninth Qing emperor to rule over China proper. His reign lasted from 1875 to 1908, but in practice he ruled, wi ...
and
Xuantong Emperor Aisin-Gioro Puyi (; 7 February 1906 – 17 October 1967), courtesy name Yaozhi (曜之), was the last emperor of China as the eleventh and final Qing dynasty monarch. He became emperor at the age of two in 1908, but was forced to abdicate on 1 ...
s shortly before the fall of the Empire in 1911, though even after the fall of the Qing dynasty production briefly continued under the Republic of China.


Cash coins after the fall of the empire

After the fall of the Qing empire, local production of cash coins continued, including the "Min Guo Tong Bao" (民國通寶) coins in 1912, but were phased out in favour of the new Yuan-based coins. During Yuan Shikai's brief attempt at monarchy as the Empire of China, cash coins were minted as part of the "Hong Xiang Tong Bao" (洪憲通寶) series in 1916 but not circulated. The coin continued to be used unofficially in China until the mid-20th century. Vietnamese cash continued to be cast up until the early 1940s. The last Chinese
cash coins in Indonesia The cash coins of Indonesia ( id, Kepeng; ban, Pis Bolong; jv, Picis, , or ) was a historical currency in Indonesia based on Chinese imperial coinage during the Tang dynasty era (dynasty based in Mainland China). It was introduced by the Chine ...
circulated in Bali until 1970 and are still used for most Hindu rituals today. These coins are: Trial coins with ''Fujian Sheng Zao'' (), ''Min Sheng Tong Yong'' (), and a ''Fujian Tong Bao'' with a reverse inscribed with ''Er Wen Sheng Zao'' () were also cast, but never circulated.


Inscriptions and denominations

The earliest standard denominations of cash coins were theoretically based on the weight of the coin and were as follows: *100 grains of millet = 1 ''zhu'' () *24 ''zhū'' = 1 tael () The most common denominations were the ½ tael () and the 5 zhū () coins, the latter being the most common coin denomination in Chinese history. From the Zhou to the
Tang dynasty The Tang dynasty (, ; zh, t= ), or Tang Empire, was an Dynasties in Chinese history, imperial dynasty of China that ruled from 618 to 907 AD, with an Zhou dynasty (690–705), interregnum between 690 and 705. It was preceded by the Sui dyn ...
the word ''quán'' (泉) was commonly used to refer to cash coins however this was not a real monetary unit but did appear in the inscriptions of several cash coins, in the State of Yan their cash coins were denominated in either ''huà'' (化) or ''huò'' (貨) with the Chinese character "化" being a simplified form of "貨" without the "貝". This character was often mistaken for ''dāo'' (刀) due to the fact that this early version of the character resembles it and knife money was used in Yan, however the origin of the term ''huò'' as a currency unit is because it means "to exchange" and could be interpreted as exchanging money for goods and services. From the Jin until the Tang dynasty the term ''wén'' (文), however the term wén which is often translated into English as ''
cash In economics, cash is money in the physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-im ...
'' kept being used as an accounting unit for banknotes and later on larger copper coins to measure how many cash coins it was worth. In AD 666, a new system of weights came into effect with the ''zhū'' being replaced by the mace (''qián'') with 10 mace equal to one tael. The mace denominations were so ubiquitous that the Chinese word ''qián'' came to be used as the generic word for money. Other traditional Chinese units of measurement, smaller subdivisions of the tael, were also used as currency denominations for cash coins. A great majority of cash coins had no denomination specifically designated but instead carried the issuing emperor's era name and a phrases such as ''tongbao'' () or ''zhongbao'' (). Coins of the
Qing Dynasty The Qing dynasty ( ), officially the Great Qing,, was a Manchu-led imperial dynasty of China and the last orthodox dynasty in Chinese history. It emerged from the Later Jin dynasty founded by the Jianzhou Jurchens, a Tungusic-speak ...
(1644–1911) generally carried the era name of the emperor and ''tongbao'' on the obverse and the mint location where the coins were cast in Manchu and Chinese on the reverse.


Cash coins and superstitions

In imperial China cash coins were used for fortune-telling, this would be done by first lighting incense to the effigy of a Chinese deity, and then placing three cash coins into a tortoise shell. The process involved the fortune teller counting how many coins lay on their obverse or reverse sides, and how these coins scratched the shell, this process was repeated three times. After this a very intricate system based on the position of the coins with Bagua, and the five elements was used for divination, the
Tang dynasty The Tang dynasty (, ; zh, t= ), or Tang Empire, was an Dynasties in Chinese history, imperial dynasty of China that ruled from 618 to 907 AD, with an Zhou dynasty (690–705), interregnum between 690 and 705. It was preceded by the Sui dyn ...
Kai Yuan Tong Bao (開元通寶) coin was the most preferred for this usage. Contemporary Chinese intelligentsia found the usage of cash coins for fortune-telling to be superior to any other methods. Other than fortune-telling cash coins were also believed to hold "curing powers" in
traditional Chinese medicine Traditional Chinese medicine (TCM) is an alternative medical practice drawn from traditional medicine in China. It has been described as "fraught with pseudoscience", with the majority of its treatments having no logical mechanism of acti ...
, one method of using cash coins for "medicine" was boiling them in water and letting the patient consume that water. Other than that they were also used as "medical tools" particularly in the '' guāshā'' (刮痧) method, which was used against diseases like
cholera Cholera is an infection of the small intestine by some strains of the bacterium '' Vibrio cholerae''. Symptoms may range from none, to mild, to severe. The classic symptom is large amounts of watery diarrhea that lasts a few days. Vomiting an ...
; this required the healer to scrape the patient's skin with cash coins as they believed that the pathogen remained stagnant underneath the patient's skin in a process called "coining". Though in general any cash coin could be used in traditional Chinese medicine, the ''Kai Yuan Tong Bao'' was most preferred, and preferences were given for some specific coins for certain ailments E.g. the Zhou Yuan Tong Bao (周元通寶) was used against miscarriages. In modern times though no longer issued by any government, cash coins are believed to be symbols of good fortune and are considered good luck charms, for this reason some businesses hang Chinese cash coins as store signs for good luck and to allegedly avoid misfortune similar to how images of Caishen (the Chinese god of wealth) are used. Cash coins also hold a central place in '' feng shui'' where they are associated an abundance of resources, personal wealth, money, and prosperity. Cash coins are featured on the logos of the
Bank of China The Bank of China (BOC; ) is a Chinese majority state-owned commercial bank headquartered in Beijing and the fourth largest bank in the world. The Bank of China was founded in 1912 by the Republican government as China's central bank, rep ...
, and the China Construction Bank. A superstition involving Chinese cash coins specifically based on their inscriptions are "the five emperor coins" (), this refers to a set of Chinese cash coins issued by the first five emperors of the Qing dynasty (following their conquest of China in 1644). These cash coins are believed to have the power to ensure prosperity and to give protection from evil spirits because during the reign of these five emperors China was powerful and prosperous. Furthermore, the term "five emperors" (五帝) also alludes to the " Three Sovereigns and Five Emperors". A full set of "five emperor coins" consists of Chinese cash coins with the inscriptions Shunzhi Tongbao (順治通寶),
Kangxi Tongbao Kangxi Tongbao () refers to an inscription used on Chinese cash coins produced during the reign of the Kangxi Emperor of the Manchu-led Qing dynasty. Under the Kangxi Emperor the weights and standards of the brass cash coins changed several times ...
(康熙通寶), Yongzheng Tongbao (雍正通寶),
Qianlong Tongbao Qianlong Tongbao (; Vietnamese: ''Càn Long Thông Bảo'') is an inscription used on cash coins produced under the reign of the Qianlong Emperor of the Qing dynasty. Initially the Qianlong Tongbao cash coins were equal to its predecessors in th ...
(乾隆通寶), and Jiaqing Tongbao (嘉慶通寶). These inscriptions are further seen as auspicious because "Shunzhi" (順治) translates into
English English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national ...
"to rule smoothly", "Kangxi" (康熙) translates into English as "Healthy and prosperous", "Yongzheng" (雍正) translates into "harmony and upright", the first Chinese character "qián" (乾) from "Qianlong" (乾隆) is a Mandarin Chinese homophonic pun with "qián" (錢) meaning "money", and "Jiaqing" (嘉慶) translates into English as "good and celebrate". Because of an archeological hoard of where Song dynasty cash coins were found in a Ming dynasty period tomb, it has been speculated by some archeologists that people during the Ming dynasty might have held similar beliefs with Song dynasty cash coins. Another type of superstition involving cash coins is to have them buried with a corpse for good luck as well as to provide protection to the grave or tomb from evil spirits, although this tradition doesn't exclusively involve cash coins as early 20th century silver coins bearing the face of Yuan Shikai, known outside of China as "Fatman" dollars (袁大頭, ''yuán dà tóu''), have also been used for this purpose. In Bali it is believed that dolls made from cash coins (or ''Uang kèpèng'') strung together by cotton threads would guarantee that all the organs and body parts of the deceased will be in the right place during their
reincarnation Reincarnation, also known as rebirth or transmigration, is the philosophical or religious concept that the non-physical essence of a living being begins a new life in a different physical form or body after biological death. Resurrectio ...
. The Tlingit people of the
United States of America The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territo ...
and
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by to ...
used Chinese cash coins for their body armour which they believed would protect them from knife attacks and bullets. One contemporary Russian account from a battle with the Tlingits in 1792 states "bullets were useless against the Tlingit armour", however this would've more likely be attributed to the inaccuracy of contemporary Russian smoothbore muskets than the body armour and the Chinese cash coins sewn into the Tlingit armour. Other than for military purposes the Tlingit used Chinese cash coins on ceremonial robes.


Stringing of cash coins

The square hole in the middle of cash coins served to allow for them to be strung together in strings of 1000 cash coins and valued at 1 tael of silver (but variants of regional standards as low as 500 cash coins per string also existed), 1000 coins strung together were referred to as a ''chuàn'' (串) or ''diào'' (吊) and were accepted by traders and merchants per string because counting the individual coins would cost too much time. Because the strings were often accepted without being checked for damaged coins and coins of inferior quality and copper-alloys these strings would eventually be accepted based on their nominal value rather than their weight, this system is comparable to that of a fiat currency. Because the counting and stringing together of cash coins was such a time consuming task people known as ''qiánpù'' (錢鋪) would string cash coins together in strings of 100 coins of which ten would form a single ''chuàn''. The ''qiánpù'' would receive payment for their services in the form of taking a few cash coins from every string they composed, because of this a ''chuàn'' was more likely to consist of 990 coins rather than 1000 coins and because the profession of ''qiánpù'' had become a universally accepted practice these ''chuàns'' were often still nominally valued at 1000 cash coins. The number of coins in a single string was locally determined as in one district a string could consist of 980 cash coins, while in another district this could only be 965 cash coins, these numbers were based on the local salaries of the ''qiánpù''. During the Qing dynasty the ''qiánpù'' would often search for older and rarer coins to sell these to coin collectors at a higher price. Prior to the Song dynasty strings of cash coins were called ''guàn'' (貫), ''suǒ'' (索), or ''mín'' (緡), while during the Ming and Qing dynasties they were called ''chuàn'' (串) or ''diào'' (吊).


Cash coins with flower (rosette) holes

Chinese cash coins with flower (rosette) holes () are a type of Chinese cash coin with an octagonal hole as opposed to a square one, they have a very long history possibly dating back to the first Ban Liang cash coins cast under the
State of Qin Qin () was an ancient Chinese state during the Zhou dynasty. Traditionally dated to 897 BC, it took its origin in a reconquest of western lands previously lost to the Rong; its position at the western edge of Chinese civilization permitted e ...
or the Han dynasty. Although Chinese cash coins kept their round shape with a square hole from the Warring States period until the early years of the Republic of China, under the various regimes that ruled during the long
history of China The earliest known written records of the history of China date from as early as 1250 BC, from the Shang dynasty (c. 1600–1046 BC), during the reign of king Wu Ding. Ancient historical texts such as the ''Book of Documents'' (early chapter ...
the square hole in the middle experienced only minor modifications such as being slightly bigger, smaller, more elongated, shaped incorrectly, or sometimes being filled with a bit of excess metal left over from the casting process. However, for over 2000 years Chinese cash coins mostly kept their distinctive shape. During this period a relatively small number of Chinese cash coins were minted with what are termed "flower holes", "chestnut holes" or "rosette holes", these holes were octagonal but resembled the shape of flowers. If the shape of these holes were only hexagonal then they were referred to as "turtle shell holes", in some occidental sources they may be called "star holes" because they resemble
star A star is an astronomical object comprising a luminous spheroid of plasma (physics), plasma held together by its gravity. The List of nearest stars and brown dwarfs, nearest star to Earth is the Sun. Many other stars are visible to the naked ...
s. The exact origin and purpose of these variant holes is currently unknown but several hypotheses have been proposed by Chinese scholars. The traditional explanation for why these "flower holes" started appearing was accidental shifts of two halves of a prototype cash coin in clay, bronze, and stone moulds, these shifts would then produce the shape of the square hole to resemble multiple square holes placed on top of each other when the metal was poured in. A common criticism of this hypothesis is that if this were to happen then the inscription on the coin would also have to appear distorted, as well as any other marks that appeared on these cash coins, however this was not the case and the "flower holes" are equally distinctive as the square ones. Under
Wang Mang Wang Mang () (c. 45 – 6 October 23 CE), courtesy name Jujun (), was the founder and the only emperor of the short-lived Chinese Xin dynasty. He was originally an official and consort kin of the Han dynasty and later seized the th ...
's
Xin dynasty The Xin dynasty (; ), also known as Xin Mang () in Chinese historiography, was a short-lived Chinese imperial dynasty which lasted from 9 to 23 AD, established by the Han dynasty consort kin Wang Mang, who usurped the throne of the Emperor Pin ...
other than cash coins with "flower holes" also
spade money Spade money () was an early form of coin and commodity money used during the Zhou dynasty of China (1045 to 256 BC). Spade money was shaped like a spade or weeding tool, but the thin blade and small sizes of spade money indicate that it had n ...
with "flower holes" were cast. Under the reign of the
Tang dynasty The Tang dynasty (, ; zh, t= ), or Tang Empire, was an Dynasties in Chinese history, imperial dynasty of China that ruled from 618 to 907 AD, with an Zhou dynasty (690–705), interregnum between 690 and 705. It was preceded by the Sui dyn ...
the number of Chinese cash coins with "flower holes" started to increase and circulated throughout the entire empire, concurrently the casting of Chinese cash coins was switched from using clay moulds to using bronze ones, however the earliest Kaiyuan Tongbao cash coins were still cast with clay moulds so the mould type alone cannot explain why these "flower holes" became increasingly common. As mother coins (母錢) were used to cast these coins which were always exact it indicates that these "flower holes" were added post-casting, the largest amount of known cash coins with "flower holes" have very prominent octagonal holes in the middle on both sides of the coin, comparatively their legends are usually as defined as they appear on "normal cash coins", for this reason the hypothesis that they were accidentally added is disproven. All sides of these coins (either octagonal with "flower holes" or hexagonal with "turtle shell holes") are clearly contained inside of the cash coin's central rim. After the casting of cash coins had shifted to using bronze moulds these coins would appear as if they were branches of a "coin tree" (錢樹) where they had to be broken off, all excess copper-alloy had to be manually chiseled or filed off from the central holes. It is suspected that the "flower holes" and "turtle shell holes" were produced during chiseling process, presumably while the employee of the manufacturing mint was doing the final details of the cash coins. As manually filing and chiseling cash coins was both an additional expense as well as time-consuming it is likely that the creation of "flower holes" and "turtle shell holes" was ordered by the manufacturer. However, as the quality of Tang and Song dynasty coinages was quite high it's unlikely that the supervisors would have allowed for a large number of these variant coins to be produced, pass quality control or be allowed to enter circulation. Cash coins with "flower holes" were produced in significant numbers by the
Northern Song dynasty Northern may refer to the following: Geography * North, a point in direction * Northern Europe, the northern part or region of Europe * Northern Highland, a region of Wisconsin, United States * Northern Province, Sri Lanka * Northern Range, a ...
, Southern Song dynasty, and Khitan
Liao dynasty The Liao dynasty (; Khitan: ''Mos Jælud''; ), also known as the Khitan Empire (Khitan: ''Mos diau-d kitai huldʒi gur''), officially the Great Liao (), was an imperial dynasty of China that existed between 916 and 1125, ruled by the Yelü ...
. Until 1180 the Northern Song dynasty produced "matched cash coins" (對錢, ''duì qián'') which were cash coins with identical inscriptions written in different styles of Chinese calligraphy, after these coins were superseded by cash coins that included the year of production on their reverse sides the practice of casting cash coins with "flower holes" also seems to have drastically decreased. Due to this one hypothesis states that "flower holes" were added to Chinese cash coins to signify a year or period of the year or possibly a location where a cash coin was produced. It is also possible that these "flower holes" and "turtle shell holes" functioned as
Chinese numismatic charm Yansheng Coins (), commonly known as Chinese numismatic charms, refer to a collection of special decorative coins that are mainly used for rituals such as fortune telling, Chinese superstitions, and Feng shui. They originated during the Wester ...
s, this is because the number 8 (八, ''bā'') is a homophonic pun in Mandarin Chinese with "to prosper" or "wealth" (發財, ''fā cái''), while the number 6 (六, ''liù'') is a Mandarin Chinese homophonic pun with "prosperity" (祿, ''lù''). Concurrently the Mandarin Chinese word for as "chestnut" (栗子, ''lì zi'') as in the term "chestnut holes" could be a homophonic pun in Mandarin Chinese with the phrase "establishing sons" (立子, ''lì zi''), which expresses a desire to produce male offspring. The practice of creating cash coins with "flower holes" and "turtle shell holes" was also adopted by Japan, Korea, and Vietnam, however cash coins with these features are extremely rare in these countries despite using the same production techniques which further indicates that their addition was wholly intentional.


Red cash coins

"Red cash coins" ( Traditional Chinese: 紅錢) are the cash coins produced in
Xinjiang under Qing rule The Manchu-led Qing dynasty of China ruled over Xinjiang from the late 1750s to 1912. In the history of Xinjiang, the Qing rule was established in the final phase of the Dzungar–Qing Wars when the Dzungar Khanate was conquered by the Qing d ...
following the conquest of the Dzungar Khanate by the Manchus in 1757. While in Northern Xinjiang the monetary system of China proper was adopted in Southern Xinjiang where the '' pūl'' (ﭘول) coins of Dzungaria circulated earlier the pūl-system was continued but some of the old Dzungar pūl coins were melted down to make
Qianlong Tongbao Qianlong Tongbao (; Vietnamese: ''Càn Long Thông Bảo'') is an inscription used on cash coins produced under the reign of the Qianlong Emperor of the Qing dynasty. Initially the Qianlong Tongbao cash coins were equal to its predecessors in th ...
(乾隆通寶) cash coins, as pūl coins were usually around 98%
copper Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pink ...
they tended to be very red in colour which gave the cash coins based on the pūl coins the nickname "red cash coins". In July 1759 General
Zhao Hui Zhao may refer to: * Zhao (surname) (赵), a Chinese surname ** commonly spelled Chao in Taiwan or up until the early 20th century in other regions ** Chiu, from the Cantonese pronunciation ** Cho (Korean surname), represent the Hanja 趙 (Chinese ...
petitioned to the
Qianlong Emperor The Qianlong Emperor (25 September 17117 February 1799), also known by his temple name Emperor Gaozong of Qing, born Hongli, was the fifth Emperor of the Qing dynasty and the fourth Qing emperor to rule over China proper, reigning from 1735 ...
to reclaim the old pūl coins and using them as scrap for the production of new cash coins, these "red cash coins" had an official exchange rate with the pūl coins that remained in circulation of 1 "red cash" for 2 pūl coins. As Zhao Hui wanted the new can coins to have the same weight as pūl coins they weighed 2 ''qián'' and had both a higher width and thickness than regular cash coins. Red cash coins are also generally marked by their rather crude craftsmanship when compared to the cash coins of China proper. The edges of these coins are often not filed completely and the casting technique is often inaccurate or the inscriptions on them seemed deformed. At the introduction of red cash system in Southern Xinjiang in 1760, the exchange rate of standard cash (or "yellow cash") and "red cash" was set at 10 standard cash coins were worth 1 "red cash coin". During two or three subsequent years this exchange rate was decreased to 5:1. When used in the Northern or Eastern circuits of Xinjiang, the "red cash coins" were considered equal in value as the standard cash coins that circulated there. The areas where the Dzungar pūls had most circulated such as Yarkant, Hotan, and Kashgar were the sites of mints operated by the Qing government, as the official mint of the Dzungar Khanate was in the city of Yarkent the Qing used this mint to cast the new "red cash coins" and new mints were established in Aksu and
Ili Ili, ILI, Illi may refer to: Abbreviations * Irish Life International, part of Irish Life and Permanent * Intuitive Logical Introvert, a personality type in socionics * Influenza-like illness * Iran Language Institute, a state-owned, non-profit ...
. As the Jiaqing Emperor ordered that 10% of all cash coins cast in Xinjiang should bear the inscription "Qianlong Tongbao" the majority of "red cash coins" with this inscription were actually produced after the Qianlong era as their production lasted until the fall of the Qing dynasty in 1911 making many of them hard to attribute.


Non-copper-alloy cash coins

During most of their history the cast cash coins of China were predominantly made from
bronze Bronze is an alloy consisting primarily of copper, commonly with about 12–12.5% tin and often with the addition of other metals (including aluminium, manganese, nickel, or zinc) and sometimes non-metals, such as phosphorus, or metalloids suc ...
or other copper-alloys such as
brass Brass is an alloy of copper (Cu) and zinc (Zn), in proportions which can be varied to achieve different mechanical, electrical, and chemical properties. It is a substitutional alloy: atoms of the two constituents may replace each other wi ...
. However, other materials had at different times in Chinese history also been used for the manufacture of cash coins such as
iron Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in ...
(see
Tieqian Iron cash coins (; Vietnamese: ''Thiết tiền''; Japanese: 鉄銭(てっせん); Rōmaji: ''Tessen'') are a type of Chinese cash coin that were produced at various times during the monetary history of imperial China as well as in Japan a ...
),
lead Lead is a chemical element with the symbol Pb (from the Latin ) and atomic number 82. It is a heavy metal that is denser than most common materials. Lead is soft and malleable, and also has a relatively low melting point. When freshly cut, ...
,
silver Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical ...
, and
gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile ...
. While silver and gold were also used for other currencies in Chinese history, as it has in most other cultures around the world, but also cowry shells,
clay Clay is a type of fine-grained natural soil material containing clay minerals (hydrous aluminium phyllosilicates, e.g. kaolin, Al2 Si2 O5( OH)4). Clays develop plasticity when wet, due to a molecular film of water surrounding the clay pa ...
,
bone A bone is a rigid organ that constitutes part of the skeleton in most vertebrate animals. Bones protect the various other organs of the body, produce red and white blood cells, store minerals, provide structure and support for the body, ...
,
jade Jade is a mineral used as jewellery or for ornaments. It is typically green, although may be yellow or white. Jade can refer to either of two different silicate minerals: nephrite (a silicate of calcium and magnesium in the amphibole group ...
, iron, lead, tin, and
bamboo Bamboos are a diverse group of evergreen perennial flowering plants making up the subfamily Bambusoideae of the grass family Poaceae. Giant bamboos are the largest members of the grass family. The origin of the word "bamboo" is uncertain, ...
(see
Bamboo tally Bamboo tallies (Traditional Chinese: 錢籌; Simplified Chinese: 钱筹; Pinyin: ''qián chóu''), alternatively known as ''bamboo tokens'' or ''bamboo money'', were a type of alternative currency that was produced in Eastern China (primarily in ...
) were also materials that have been used for money at various points in Chinese history. Iron cash coins and lead cash coins were often used in cases when there was an insufficient supply of copper. 2 iron cash coins were usually worth only a single bronze cash coin. Because of
oxidation Redox (reduction–oxidation, , ) is a type of chemical reaction in which the oxidation states of substrate change. Oxidation is the loss of electrons or an increase in the oxidation state, while reduction is the gain of electrons or ...
, iron cash coins are rarely in very good condition today, especially if they were excavated. In some cases the usage of certain types of materials to produce cash coins are only more recently discovered due to the lack of historical records mentioning them. For example, it has only been since more recent times that the fact that the
Song dynasty The Song dynasty (; ; 960–1279) was an imperial dynasty of China that began in 960 and lasted until 1279. The dynasty was founded by Emperor Taizu of Song following his usurpation of the throne of the Later Zhou. The Song conquered the res ...
had attempted to produce lead cash coins been discovered. Because of this almost no Chinese coin catalogues list their existence while they have mentioned in works such as the ''Meng Guohua: Guilin Faxian Qian Xi Hejin Qian. Zhongguo Qianbi No. 3. 1994 (Vol. 46.)'' which deal with the topic. Lead cash coins have only been produced at a few times in the monetary history of china, mainly during the
Five dynasties and Ten kingdoms period The Five Dynasties and Ten Kingdoms period (), from 907 to 979, was an era of political upheaval and division in 10th-century Imperial China. Five dynastic states quickly succeeded one another in the Central Plain, and more than a dozen conc ...
. Because of how soft lead is, most lead cash coins that are found today tend to be very worn.


Non-copper-alloy metals used by time period

This table reflects current knowledge, but future archaeological research might reveal that other materials were used for cash coins in other periods of Chinese history.


Other terms relating to cash coins

* Mother coins (母錢), are model cash coins used in the casting process from which other cash coins were produced. * Ancestor coins (祖錢), are model cash coins introduced in the
Qing dynasty The Qing dynasty ( ), officially the Great Qing,, was a Manchu-led imperial dynasty of China and the last orthodox dynasty in Chinese history. It emerged from the Later Jin dynasty founded by the Jianzhou Jurchens, a Tungusic-speak ...
used in the casting process from which other mother coins were produced. * Coin trees (錢樹), are the "tree-shaped" result of the casting process off of which the cash coins were taken to later be strung together. * Huanqian (圜錢), or Huanjin (圜金), refers to the round coins issued during the
Warring States period The Warring States period () was an era in History of China#Ancient China, ancient Chinese history characterized by warfare, as well as bureaucratic and military reforms and consolidation. It followed the Spring and Autumn period and concluded ...
and the
Qin dynasty The Qin dynasty ( ; zh, c=秦朝, p=Qín cháo, w=), or Ch'in dynasty in Wade–Giles romanization ( zh, c=, p=, w=Ch'in ch'ao), was the first dynasty of Imperial China. Named for its heartland in Qin state (modern Gansu and Shaanxi), ...
. This term was used to differentiate these coins from other shapes of coins, such as the spade coins and knife coins. * Gongshi Nuqian (), or "female coins", is a term used to refer to
Wu Zhu Wu Zhu () 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,Numis' Numismatic Ency ...
cash coins without an outer rim. * Jiaoqian (), or "corner coins", is a term used to refer to Wu Zhu cash coins with four oblique lines that extend outward from each corner of the square centre hole to the rim of the reverse side of the cash coin. In
Mandarin Chinese Mandarin (; ) is a group of Chinese (Sinitic) dialects that are natively spoken across most of northern and southwestern China. The group includes the Beijing dialect, the basis of the phonology of Standard Chinese, the official language ...
, these cash coins are often referred to as ''si chu'' (四出). The word ''si'' (四) translates as "four" and the word ''chu'' (出) means "going out". * Niqian () refers to cash coins made out of
clay Clay is a type of fine-grained natural soil material containing clay minerals (hydrous aluminium phyllosilicates, e.g. kaolin, Al2 Si2 O5( OH)4). Clays develop plasticity when wet, due to a molecular film of water surrounding the clay pa ...
, when the government of the You Zhou Autonomous Region (900–914) confiscated all bronze cash coins and buried them in a cave, because of this the people had to rely on cash coins made out of clay while later bad quality iron cash coins were issued. * Tuqian (土錢), a name given to clay cash coins commonly found in tombs that were used as burial coins for the afterlife. * Matched cash coins (對錢, ''duì qián'', 對品, ''duì pǐn'', 和合錢, ''hé hé qián''), is a term introduced during the Southern Tang and started being extensively used during the
Northern Song dynasty Northern may refer to the following: Geography * North, a point in direction * Northern Europe, the northern part or region of Europe * Northern Highland, a region of Wisconsin, United States * Northern Province, Sri Lanka * Northern Range, a ...
where cash coins with the same weight, inscription, and denomination was simultaneously cast in different scripts such as
regular script Regular script (; Hepburn: ''kaisho''), also called (), (''zhēnshū''), (''kǎitǐ'') and (''zhèngshū''), is the newest of the Chinese script styles (popularized from the Cao Wei dynasty c. 200 AD and maturing stylistically around th ...
and
seal script Seal script, also sigillary script () is an ancient style of writing Chinese characters that was common throughout the latter half of the 1st millennium BC. It evolved organically out of the Zhou dynasty bronze script. The Qin variant of se ...
while all having the same legend. * Yushu Qian (), or "royally inscribed currency", is a term used to describe Song dynasty era cash coins which, according to legend, were inscribed by the
Emperor of China ''Huangdi'' (), translated into English as Emperor, was the superlative title held by monarchs of China who ruled various imperial regimes in Chinese history. In traditional Chinese political theory, the emperor was considered the Son of Heav ...
himself. For example the Chunhua Yuanbao (淳化元寶) is said to have been inscribed by Emperor Taizong of Song. *
Bingqian Bingqian (Traditional Chinese: 餅錢; Simplified Chinese: 饼钱; Pinyin: ''bǐng qián''), or ''Bingxingqian'' (), is a term, which translates into English as "biscuit coins", "pie coins", or "cake coins", used by mainland Chinese and Taiwanes ...
(餅錢, "biscuit coins" or "cake coins"), is a term used by modern Chinese and
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the no ...
ese coin collectors to refer to cash coins that have extremely broad outer rims and are extremely thick and heavy. These cash coins were produced under Emperor Zhenzong during the Song dynasty and bear the inscriptions Xianping Yuanbao (咸平元寶) and Xiangfu Yuanbao (祥符元寶), respectively. Bingqian can range from being 26.5 millimeters in diameter and weighing 10.68 grams to being 66 millimeters in diameter. * Si jue (四訣), four lines radiating outward from the four corners of the square centre hole which may or may not extend entirely to the rim of the reverse of a cash coin, these lines were exclusively included on some Song dynasty cash coins. * Gong Yang Qian (), variously translated as " temple coins" or "offering coins", were a type of
alternative currency A complementary currency is a currency or medium of exchange that is not necessarily a national currency, but that is thought of as supplementing or complementing national currencies. Complementary currencies are usually not legal tender and the ...
that resembled Chinese cash coins that circulated during the
Mongol The Mongols ( mn, Монголчууд, , , ; ; russian: Монголы) are an East Asian ethnic group native to Mongolia, Inner Mongolia in China and the Buryatia Republic of the Russian Federation. The Mongols are the principal member ...
Yuan dynasty The Yuan dynasty (), officially the Great Yuan (; xng, , , literally "Great Yuan State"), was a Mongol-led imperial dynasty of China and a successor state to the Mongol Empire after its division. It was established by Kublai, the fif ...
period. The Yuan dynasty emperors (or '' khagans'') were supports of Buddhism, which meant that the Buddhist temples tended to receive official government support. During this period the larger Buddhist temples in China were able to cast bronze Buddha statues and make other religious artifacts which also meant that it was easy for them to also cast these special kind of cash coins which could then be used by faithful adherents of Buddhism as offerings to Buddha. In general, these temple coins tend to be much smaller and crudely made compared to earlier and later Chinese cash coins. However, because these temple coins, due to their copper content, still had intrinsic value, they would sometimes serve as an alternative currency in China, this would particularly happen during difficult economic times when the
Jiaochao Jiaochao () is a Chinese word for banknote first used for the currency of the Jurchen-led Jin dynasty and later by the Mongol-led Yuan dynasty of China. Jin dynasty The Jurchens swept control over northern China, conquering the Liao dynasty ...
paper money issued by the Mongol government was no longer considered to be of any value. * Zhiqian (制錢, "Standard cash coins"), a term used the
Ming The Ming dynasty (), officially the Great Ming, was an imperial dynasty of China, ruling from 1368 to 1644 following the collapse of the Mongol-led Yuan dynasty. The Ming dynasty was the last orthodox dynasty of China ruled by the Han pe ...
and Qing dynasties to refer to copper-alloy cash coins produced by the imperial mints according to the standards which were fixed by the central government. * Siqian (私錢) or Sizhuqian (私鑄錢), refers to cash coins produced by private mints or forgers. * Jiuqian (舊錢), a term used during the Ming and Qing dynasties to refer to Song dynasty era cash coins that were still in circulation. * Yangqian (样錢, "Model coin"), also known as ''Beiqian'' (北錢, "Northern coin"), is a term used during the Ming dynasty to refer to full weight (1 ''qián'') and fine quality which were delivered to
Beijing } Beijing ( ; ; ), Chinese postal romanization, alternatively romanized as Peking ( ), is the Capital city, capital of the China, People's Republic of China. It is the center of power and development of the country. Beijing is the world's Li ...
as seigniorage revenue. * Fengqian (俸錢, "Stipend coin"), is a term used during the Ming dynasty to refer to second rate cash coins that had a weight of 0.9 ''qián'' and were distributed through the salaries of government officials and emoluments. * Shangqian (賞錢, "Tip money"), is a term used during the Ming dynasty to refer to cash coins that were small, thin, and very fragile (comparable to ''Sizhuqian'') that were used to pay the wages of employees of the imperial government (including the mint workers themselves) and was one of the most commonly circulating types of cash coins during the Ming dynasty among the general population. * Kai Lu Qian (), or "commemorative cash coins", were a special type of cash coin produced to commemorate the opening of a mint or a new furnace. The largest ever recorded of these cash coins, and also the largest and heaviest ancient Chinese coin ever found, was a giant Jiajing Tongbao (嘉靖通寶) cash coin produced for the opening of a mint in Dongchuan,
Sichuan Sichuan (; zh, c=, labels=no, ; zh, p=Sìchuān; alternatively romanized as Szechuan or Szechwan; formerly also referred to as "West China" or "Western China" by Protestant missions) is a province in Southwest China occupying most of t ...
. This Kai Lu cash coin has a diameter of 57.8 centimeters (or 22.8 inches), a thickness of 3.7 centimeters (or 1.5 inches), and it has a weight of 41.5 kilograms (or 91.5 pounds). On June 27, 1990, the Quality Inspection Section of the Huize County Lead and Zinc Mine Archives (), where the cash coin is on display, conducted a sampling and analysis of the coin, conducted an assay and concluded that the coin had a composition of 90. 81% copper, 0. 584% aluminum, 0. 532% zinc, and 3% iron. In the year 2002 it was added to the
Guinness World Records ''Guinness World Records'', known from its inception in 1955 until 1999 as ''The Guinness Book of Records'' and in previous United States editions as ''The Guinness Book of World Records'', is a reference book published annually, listing world ...
as the largest coin. * Woqian (倭錢, "Japanese cash"), refers to Japanese cash coins that entered China during the late Ming and early Qing dynasties, the Imperial Chinese court eventually prohibited them. These are sometimes discovered in China among Chinese cash coins. * Guangbei qian (光背錢), is a Qing dynasty term that refers to
Shunzhi Tongbao The Shunzhi Emperor (15 March 1638 – 5 February 1661) was the second emperor of the Qing dynasty of China, and the first Qing emperor to rule over China proper, reigning from 1644 to 1661. A committee of Manchu princes chose him to succee ...
(順治通寳) cash coins with no reverse inscriptions including mint marks. * Yiliqian (一厘錢, "one-
cash In economics, cash is money in the physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-im ...
coin"), referred to as ''Zheyinqian'' (折銀錢, "conversion coins") by Chinese numismatists, is a term used to designate Shunzhi Tongbao cash coins produced from the year 1653 that had the inscription "一厘" on the left to the square centre hole on their reverse sides, this inscription indicates that the nominal value of the cash coin corresponded to 0.001 tael of silver (1 li (釐 or 厘, "cash"), as a weight). This would mean that the official government conversation rate was set as ''zhé yín yì lí qián'' (折銀一厘錢), which was proof that silver was of continuing importance as a currency of account. Similar cash coins with this reverse inscription were also being produced by some rulers of the Southern Ming dynasty. * Xiaoqian (小錢, "small cash") or Qingqian (輕錢), is a Qing dynasty era term that refers to lightweight cash coins created from 1702 that had a weight of 0.7 ''qián'', these coins all disappeared from circulation around the middle of the 18th century. * Zhongqian (重錢, "full-weight cash" or "heavy cash"), refers to cash coins produced from 1702 with a weight of 1.4 ''qián'' and were of a tael of silver. * Huangqian (黃錢, "yellow cash"), a term used to refer to early Qing dynasty era cash coins that didn't contain any tin. * Qingqian (青錢, "green cash"), is a term used to refer to Qing dynasty era cash coins produced from 1740 where 2% tin was added to the
alloy An alloy is a mixture of chemical elements of which at least one is a metal. Unlike chemical compounds with metallic bases, an alloy will retain all the properties of a metal in the resulting material, such as electrical conductivity, ductili ...
, however despite being called "green cash" it looked indistinguishable from "yellow cash". * Xiaoping Qian (小平錢) refers to the smallest and most common cash coins, they usually had a diameter of about 2.4–2.5 cm and weights between 3–4 grams. * Daqian (大錢, "Big money"), cash coins with a nominal value of 4 wén or higher. This term was used in the Qing dynasty from the Xianfeng period onwards. * Kuping Qian (庫平錢), refers to a unit that was part of the official standardisation of the Chinese monetary system during the late Qing period by the imperial treasury to create a decimal system in which 1 Kuping Qian was of a Kuping tael. * Huaqian (花錢, "Flower coin"), charms, amulets, and talismans that often resemble cash coins. * Changqian (長錢) refers to the regular cash coin system used across China where 1000 cash coins make up a single string (串). * Dongqian (東錢, "Eastern cash"), an exchange rate used for cash coins in the Fengtian province, where only 160 cash coins make up a string. * Jingqian (京錢, "metropolitan cash") or Zhongqian (中錢),“Silver, Copper, Rice, and Debt: Monetary Policy and Office Selling in China during the Taiping Rebellion,” in Money in Asia (1200–1900): Small Currencies in Social and Political Contexts, ed.
by Jane Kate Leonard and Ulrich Theobald,
Leiden Leiden (; in English and archaic Dutch also Leyden) is a city and municipality in the province of South Holland, Netherlands. The municipality of Leiden has a population of 119,713, but the city forms one densely connected agglomeration w ...
: Brill, 2015, 343–395.
an exchange rate used in the capital city of
Beijing } Beijing ( ; ; ), Chinese postal romanization, alternatively romanized as Peking ( ), is the Capital city, capital of the China, People's Republic of China. It is the center of power and development of the country. Beijing is the world's Li ...
, the Jingqian system allowed a nominal debt of 2 '' wén'' (文) could be paid out using only one physical cash coins instead of two, in this system a string of Beijing cash coins (吊) required only 500 cash coins as opposed to the majority of China which used 1000 cash coins for a string (串). * Guqian (古錢, "ancient cash") or Guquan (古泉), refers to cash coins (real or fake) produced by previous dynasties, these at certain times were considered to be legal tender if the current Chinese government didn't produce enough cash coins to meet market demand.
Niv Horesh Niv Horesh (Hebrew: ניב חורש, Chinese: 荷尼夫; born 1971) is a researcher at Western Sydney University, Australia. He was also Visiting Professor in China Studies at the School of Government and International Affairs at Durham University, ...
(2014) ''Chinese Money in Global Context: historic junctures between 600 BCE and 2012''. Stanford University Press, Stanford.
*
Tieqian Iron cash coins (; Vietnamese: ''Thiết tiền''; Japanese: 鉄銭(てっせん); Rōmaji: ''Tessen'') are a type of Chinese cash coin that were produced at various times during the monetary history of imperial China as well as in Japan a ...
(鐡錢) refers to cash coins made from iron.Peng Zeyi (彭澤益). ‘1853–1868 nian de Zhongguo tonghuo pengzhang 1853–1868 (年的中國通貨膨脹)’, in Peng Zeyi (彭澤益) (ed.), Shijiu shiji houbanqi Zhongguo de caizheng yu jingji (十九世紀后半期中國的財政與經濟) (
Beijing } Beijing ( ; ; ), Chinese postal romanization, alternatively romanized as Peking ( ), is the Capital city, capital of the China, People's Republic of China. It is the center of power and development of the country. Beijing is the world's Li ...
: Renmin chubanshe, 1983). Page 88. (in
Mandarin Chinese Mandarin (; ) is a group of Chinese (Sinitic) dialects that are natively spoken across most of northern and southwestern China. The group includes the Beijing dialect, the basis of the phonology of Standard Chinese, the official language ...
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* Five Metal Value Ten coins are Chinese cash coins that were issued by the Ministry of Revenue made from an alloy of tin, iron, copper, silver, and gold. They contain the obverse inscriptions Tongzhi Zhongbao (同治重寶) or
Guangxu Zhongbao The Guangxu Emperor (14 August 1871 – 14 November 1908), personal name Zaitian, was the tenth Emperor of the Qing dynasty, and the ninth Qing emperor to rule over China proper. His reign lasted from 1875 to 1908, but in practice he ruled, wi ...
(光緒重寶) and are all based on 10 ''wén'' Daqian. These special cash coins notably contain the mint marks of
Fujian Fujian (; alternately romanized as Fukien or Hokkien) is a province on the southeastern coast of China. Fujian is bordered by Zhejiang to the north, Jiangxi to the west, Guangdong to the south, and the Taiwan Strait to the east. Its ...
,
Guangdong Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020 ...
,
Guangxi Guangxi (; ; alternately romanized as Kwanghsi; ; za, Gvangjsih, italics=yes), officially the Guangxi Zhuang Autonomous Region (GZAR), is an autonomous region of the People's Republic of China, located in South China and bordering Vietnam ...
,
Guizhou Guizhou (; Postal romanization, formerly Kweichow) is a landlocked Provinces of China, province in the Southwest China, southwest region of the China, People's Republic of China. Its capital and largest city is Guiyang, in the center of the pr ...
,
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,
Jiangsu Jiangsu (; ; pinyin: Jiāngsū, alternatively romanized as Kiangsu or Chiangsu) is an eastern coastal province of the People's Republic of China. It is one of the leading provinces in finance, education, technology, and tourism, with it ...
,
Jiangxi Jiangxi (; ; formerly romanized as Kiangsi or Chianghsi) is a landlocked province in the east of the People's Republic of China. Its major cities include Nanchang and Jiujiang. Spanning from the banks of the Yangtze river in the north int ...
,
Hubei Hubei (; ; alternately Hupeh) is a landlocked province of the People's Republic of China, and is part of the Central China region. The name of the province means "north of the lake", referring to its position north of Dongting Lake. The p ...
,
Hunan Hunan (, ; ) is a landlocked province of the People's Republic of China, part of the South Central China region. Located in the middle reaches of the Yangtze watershed, it borders the province-level divisions of Hubei to the north, Jiangx ...
, Shanxi,
Shaanxi Shaanxi (alternatively Shensi, see § Name) is a landlocked province of China. Officially part of Northwest China, it borders the province-level divisions of Shanxi (NE, E), Henan (E), Hubei (SE), Chongqing (S), Sichuan (SW), Gansu (W), N ...
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Sichuan Sichuan (; zh, c=, labels=no, ; zh, p=Sìchuān; alternatively romanized as Szechuan or Szechwan; formerly also referred to as "West China" or "Western China" by Protestant missions) is a province in Southwest China occupying most of t ...
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Yunnan Yunnan , () is a landlocked province in the southwest of the People's Republic of China. The province spans approximately and has a population of 48.3 million (as of 2018). The capital of the province is Kunming. The province borders the ...
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Zhejiang Zhejiang ( or , ; , also romanized as Chekiang) is an eastern, coastal province of the People's Republic of China. Its capital and largest city is Hangzhou, and other notable cities include Ningbo and Wenzhou. Zhejiang is bordered by Ji ...
, and
Zhili Zhili, alternately romanized as Chihli, was a northern administrative region of China since the 14th-century that lasted through the Ming dynasty and Qing dynasty until 1911, when the region was dissolved, converted to a province, and rena ...
despite no Daqian from these periods being produced at any of these mints. These special cash coins were created to serve as a new year's present. * Tianxia Taiping coins (天下太平錢) are Chinese cash coins that were used for presentation at the Palace of Ancestral Worship. They were primarily used during the holidays, such as the birthdays of the reigning emperor or empress as well during as the
Chinese New Year Chinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar and solar Chinese calendar. In Chinese and other East Asian cultures, the festival is commonly referred to as the Spring Festival () a ...
. These coins contain the reign titles Qianlong, Jiaqing, Daoguang, Xianfeng, Tongzhi,
Guangxu The Guangxu Emperor (14 August 1871 – 14 November 1908), personal name Zaitian, was the tenth Emperor of the Qing dynasty, and the ninth Qing emperor to rule over China proper. His reign lasted from 1875 to 1908, but in practice he ruled, wi ...
, or
Xuantong Aisin-Gioro Puyi (; 7 February 1906 – 17 October 1967), courtesy name Yaozhi (曜之), was the last emperor of China as the eleventh and final Qing dynasty monarch. He became emperor at the age of two in 1908, but was forced to abdicate on 1 ...
with "Tongbao" (通寶), or rarely "Zhongbao" (重寶), in their obverse inscription and the reverse inscription "Tianxia Taiping" (天下太平). These special cash coins were wrapped inside of a piece of rectangular cloth and every time that an Emperor died (or "ascended to his ancestors") the coins were replaced with new reign titles. Some Tianxia Taiping cash coins were manufactured by the Ministry of Revenue while others were produced by private mints. Palace issues tend to be larger than circulation cash coins with the same inscriptions.


See also

* History of Chinese currency * Jiaozi (currency), the earliest paper money * Economic history of China (pre-1911) * Economic history of China (1912–1949)


Currencies based on the Chinese cash

* Brunei pitis *
Cash coins in Indonesia The cash coins of Indonesia ( id, Kepeng; ban, Pis Bolong; jv, Picis, , or ) was a historical currency in Indonesia based on Chinese imperial coinage during the Tang dynasty era (dynasty based in Mainland China). It was introduced by the Chine ...
* Hong Kong one-mil coin * Japanese mon (currency) * Korean mun * Kucha coinage * Ryukyuan mon * Vietnamese văn


Notes


References


Sources

* * * The book has been translated into English by Edward 11. Kaplan as A Monetary History of China (Bellingham, WA: Western Washington, 1994).


External links


Images and historical information on Chinese coins

Chinese coinage website


( also hosted on Wikimedia Commons). {{DEFAULTSORT:Cash (Chinese Coin) Cash coins Coins of ancient China Medieval currencies Modern obsolete currencies Chinese numismatics