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Rare Dragon Copper 1 Cash 1908 Ning - Jiangnan, Nanjing Mint, Guang Xu Emperor

Rare Dragon Copper 1 Cash 1908 Ning - Jiangnan, Nanjing Mint, Guang Xu Emperor


Qing Dynasty

Guang Xu, Dragon Copper 1 Cash, Y#7k (Kiangnan)

1908, Ning - Jiangnan Province, Nanjing Mint


Weight: 1.2 Grams; Size: 16.5 mm; Material: Brass

Reign title: Guang Xu, AD 1875-1908
Obverse: NOTE: date is at 3 o'clock and 9 o'clock, respectively.
The mintmark is in the middle.

緒 光

申  戊

文 一

Reverse: Dragon, the symbol of the Qing royal family, Flaming Dragon emblem in center,

surrounded by stylized clouds and fire and water below.

Edge: Smooth




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 ne