Address

Amsterdam, Netherlands

Contact

0031-6853-68166

Follow

©2017 BY WWW.BESTCOINS666.COM. PROUDLY CREATED WITH WIX.COM

Rare 1902 Dragon Copper Hunan Province Brass 10 Cash China Guang Xu Emperor

ANCIENT CHINA
Qing Dynasty Guang Xu, Dragon Copper
Y# 113a Hunan Province,

1902-1906, Brass 10 Cash

 

Weight: 7.5 grams; Size: 29 mm; Material: Brass

Reign title: Guang Xu, AD 1875-1908

Obverse
Lettering:
造 省 南 湖

十 寶 元 當 

元 銅 黄

Reverse
Lettering:
HU- NAN
TEN CASH

Edge: Smooth

 

References: Y# 113a

Hunan Province in the south east of China began coin production in 1647. A mint for struck coinage began operation in 1902.

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.

 

 

Shipping policy:
Economy Regular mail shipping: 3.99 Euro worldwide (buyer's risk for lost by post!)

If the total value is above 50 Euro, Registered mail is required for safety reasons.
Registered mail shipping:
11.99 Euro within Europe, 16.99 Euro worldwide, Combined shipping accepted.

Rare 1902 Dragon Copper Hunan Province Brass 10 Cash China Guang Xu Emperor

$16.00Price