CHINA XING CHAO TONG BAO 1 fen (1648-57 AD)
$150.00
CHINA, MING REBELS, 10 cash, no date (1648-57 AD), Obverse: XING CHAO TONG BAO, closed head TONG, Reverse: YI FEN top-bottom, YI with broken second from bottom line, brass, 47mm, 18.48g, H21.13, S1334, KM182, hole drilled at top, VF
Out of stock
Description
Sun Kewang was an adopted son of Zhang Xianzhong, the guy who had the Da Shun coins made. He took his army out of Sichuan into Guilin and made himself the Pacified East King. He then went to Yunnan. For a brief period he control a large part of the southwest. Then he surrendered to the Manchus.
While Mongol princes were fighting with each other a peasant rebellion developed in the south. One of the peasant leaders became the first Emperor of the Ming Dynasty. Ming became very prosperous, engaged in world trade. started overseas colonies, until one day an unfortunate horoscope caused the Emperor to freak out and close down the country. Economic difficulties produced a number of rebellions at the end, coins being made by rebels and local loyalists.
The oldest Chinese coins are at least as old as the earliest Greek coins. The Chinese coinage system differed from other systems in two ways. It was monometallic, only bronze coins circulated in general commerce. Gold and silver were treated as commodities. And the manufacturing method was by casting in moulds rather than by striking heated solid planchets. The main reference I use in attributing and describing these coins is the book: Chinese Cast Coins, by David Hartill.