The oldest paper money of Chinese civilization

China’s culture flourished by trade, land and sea, especially the silk trade. Confucianism was known in China, followed by Buddhism, which spread in China during the seventh century where there were 300 Buddhist temples.

The civilization of China began about 1500 BC. The barter sought to buy a commodity and then used sea shells and grain as an intermediate commodity. They also used other materials such as silk, salt and tea. They then used copper metal to make their first coins in the form of tools such as knives and axes. In the year 1100 BC, the Chinese ruler ordered the work of small copper pieces that were used as coins and carried serial numbers or the name of the manufacturer who worked and knew the coins. During the Han Dynasty (202 BC – 9 AD) the coins became round with a hole Square China has been united by D period of conflict or disorder under the rule of the family (Tang) 618-907 m where he issued new money made by casting the emperor bore inscriptions and the name of the hole box over the trophy, as carried value.

During the Ming Dynasty in 1368, the Mongols conquered the capital and transferred their capital to Beijing. In the late 16th century, Chinese currency carried the term “very stable money”. In 1889, the beating house in Canton was silenced and the silver dollar was silenced. On the face of the image of the Emperor on the beaten dollar in 1914 and since 1911 a silver coin of the Chinese Republic bearing the image of the emperor (Sun Bat Sun) appeared on the back and carried the (Republic of China) in English, in addition to the value of the coin.

   China is also one of the first countries to use banknotes, including a cash sheet worth 1,000 bronze pieces issued by the first emperor of the Ming Dynasty (1368-1644 AD).

by

Dr. Alaa Hussein Jassim