Ching-Kiang (Qing Jiang) Mint, Dragon Copper 10 Cash North Jiangsu Province 1905

Ching-Kiang (Qing Jiang) Mint, Dragon Copper 10 Cash North Jiangsu Province 1905 Guang Xu Emperor

ANCIENT CHINA
Qing Dynasty

Emperor Guang Xu, Dragon Copper 10 Cash

Ching-Kiang (Qing Jiang 清江) Province Mint, Huaian 淮安

North Jiangsu Province 1905

 

Reign title: Guang Xu, AD 1875-1908

Tsing-Kiang (Qing Jiang) Province Mint 10 Cash

Obverse
Lettering:
江 清
寶 元 緒 光
文十錢制當

Reverse: Dragon, the symbol of the Qing royal family,

the emblem of flaming dragon flying in clouds playing a pearl in fire inside the beaded circle.


Lettering:

CHING-KIANG

References: Y# 77

 

Qingjiang Mint, Jiangsu Huaian

清江铜元局

Guangxu three years in July, copper Bureau Qingjiang stop casting, which lasted only seven months a year, create more than 743 pieces of copper. After stopping casting, copper Bureau demolished most of the equipment shipped to Nanjing, but there is still a small amount left in Huaian, which is a small amount of equipment, Huai'an people with the establishment of the revival of long pot plant, to become the largest in modern Huai'an industrial enterprises. 1935 took advantage of copper Bureau old houses built in Huaiyin Power Plant, destroyed after the war.

Qingjiang copper coins around the office only a year and a half, in a year and a half time co-casting copper over 740,080,000 pieces. Its scale, the amount of as much as casting, at the time was second to none. Mint was to be preceded by province name, but without copper Bureau Qingjiang province name, only as a "Qingjiang" or "Huai", which is unique in the modern history of copper, which was visible position in Huaian.

 

Chinese Dragon Copper Coin

For the shortage of the old copper cash in the late Qing dynasty, the tradition casting method did not help economically to solve the problem. When Hong Kong one cent copper coins were occasionally in circulation with the value to ten cash coins in the local market of Kwangtung. The existence western style coinage in Hong Kong directly influenced the Chinese mint authority.

The Acting Viceroy of Kwangtung and Kwangsi Province, Te Shou consulted with Li Hung-chang , his predecessor, decided to mint a new model copper coin called "T'ung Yuan". "Tung Yuan" was first minted in Kwangtung in the 26th year of the Kuang Hsu reign (1900AD). The coin was minted by machine without hole in the center. It was equivalent to ten cash at the early beginning. The use of copper to make one "T'ung Yuan" is equal to six old cash coin only.

The "Tung Yuan" was quiet welcomed by the population for its convenience compared with the old cash coins. The Chinese government also encouraged other provinces to follow the good example of Kwangtung in order to solve the fiscal problem. Other provinces found it was profitable to mint "T'ung Yuan", they vied with each other to do the same business of minting the new coins. For the over-supply of the new copper coins, this caused the value of "T'ung Yuan" declined in the rate of exchange with silver dollars. In 1911, Its rate of exchange to the silver dollar was approximately dropped to 180 to 1 from 100 to 1 of the early beginning.

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Ching-Kiang (Qing Jiang) Mint, Dragon Copper 10 Cash North Jiangsu Province 1905

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