File:Zhejiang 10 cash over Korean 1902 5 fun 02.jpg
Zhejiang_10_cash_over_Korean_1902_5_fun_02.jpg (300 × 320 pixels, file size: 25 KB, MIME type: image/jpeg)
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Summary
[edit]DescriptionZhejiang 10 cash over Korean 1902 5 fun 02.jpg |
English: An overstruck Korean 5 Fun coin created by counterfeiters as a higher denomination Chinese coin to be used there with a higher purchasing power.
Not long after these new copper coins were introduced, black market counterfeit versions of the 10 wén appeared, illegal mints or "private mints" (局私) opened all over China and started producing more coins than the Qing government's set quotas allowed there to be circulating on the market. Both Chinese and foreigners soon started producing struck cash coins of inferior quality often with traces of the Korean 5 fun coins they were overstruck on, or with characters and symbols not found on official government issued coins. Joseon began minting modern-style machine-struck copper-alloy coins in 1892, which was 8 years before the Qing dynasty did so in China. These coins were often minted by Korean businessmen and former Japanese Samurai (specifically Rōnin) looking to make a profit on exchanging the low value copper coins into silver dollars as a single Chinese silver dollar had the purchasing power of 1000 Korean fun. The majority of the counterfeit coins bear the inscription that they were minted in either Zhejiang province or Shandong province, but they circulated all over the coastal regions of China. Because the hand-operated presses used by the counterfeiters did not exert enough pressure on the coins to sufficiently obliterate the inscriptions and symbols on the Korean 5 fun coins, the counterfeit Qing dynasty 10 wén coins made using this method would usually exhibit a combination of both the Chinese Da-Qing Tongbi and Korean 5 fun designs. For example, there can still be traces of a wreath surrounding the dragon or minor traces of the original Korean inscription.[1][2]
Within this chaotic period of time, China's coinage has seen fascinating designs as well as how they battled with metal issues as there were copper shortage that they faced. In Eastern part of China, a lot of the provinces imported Korean 5 fun coins to be overstruck as 10 cash. Some coins were struck with lower copper content till the colour difference became obvious. When copper content is lowered, more tin or lead is usually added, making the coin look more yellowish.
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Author | Original design by the government of the Manchu Qing Dynasty. |
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current | 09:24, 22 March 2022 | 300 × 320 (25 KB) | Donald Trung (talk | contribs) | Uploaded a work by Original design by the government of the Manchu Qing Dynasty. from * [http://www.gxseries.com/numis/china/china_province.htm '''Chinese Provinces that issued machine struck coins, from 1900s to 1950s'''. - China has a great history of over 5000 years. It was only the last 100 years when the country fell apart due to its corrupted internal affairs as well as foreign invaders coming into the country, virtually tearing the country apart. It took well over half a century to re... |
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File change date and time | 10:13, 22 March 2022 |