Chang Lin Token 常臨幣 Changzhou Temporary Token Dragon 龍 Ten Cents

Chang Lin Token 常臨幣

Changzhou Temporary Token

Dragon, Ten Cents (One Jiao)


Obverse:

洛陽鎮

泰記

 

Reverse:

 

壹角

 

 

Chang Lin Token 常臨幣

Various forms of non-governmental currencies began to appear in the Changzhou (常州) area of Jiangsu Province (江苏省) during the early years (1939-1941) of the Japanese invasion and occupation of China (zhongguo kangri zhanzheng 中国抗日战争).

These currencies were issued by various stores and individuals and only circulated in a very limited area. They took the form of metal tokens, bamboo tallies, paper money, etc.

The necessity for such local currencies was due to the lack of small denomination coins and paper money issued by the government.

Other factors also played a role. It was very profitable for dealers to take old Chinese copper coins and convert them to coins for local circulation. Also, the local populace had very little confidence in the currencies issued by the Japanese-backed “puppet” government.

Local businesses also found it advantageous to issue these small denomination tokens in order to facilitate business transactions, establish prestige and promote the local economy.

 

 

 

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Chang Lin Token 常臨幣 Changzhou Temporary Token Dragon 龍 Ten Cents

$66.00Price

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