1456
Empire. Board of Revenue. Chihli. 3-Taels, 1855 (Year 5). Vermillion stamp of “Chihli”. Rev. Regional,
banker and personal inscriptions and seals, including “Xingtai County”, “Anping County”, and plenty
of signatures (Pick A10c; S/M H176-21). In PMG holder graded Very Fine 20 Net, Internal Holes, the
only issues are the internal holes at the top part of the note which are commonly seen on these imperial
currency, otherwise a lovely piece with splendid stamps and back inscriptions, a great presentation piece
for any collector of Chinese imperial currency.
A rare denomination in this already difficult series.
$ 7,500
1457
Empire. Da Qing Bao Chao 2000-Cash, Year 9 (1859). Last date of the series. (Pick A4g). In PCGS
holder graded VF30 Apparent, Stained, Edge Damage, one spindle hole on the top as is usual, edge
damage on the left side, but the quality of the ink and seals is beautiful.
$ 800
Due to the wars and rebellions, together with frequent floods along the Yellow River, the Qing government could not find
enough silver for circulation and for expenses payments. As a solution they introduced the Da Qing Bao Chao series in
Year 3 (1853). However, due to the terrible economic condition and limited confidence to the governmental financial plan,
the new paper money was not widely accepted at the very beginning. Therefore, the notes devalued in daily transactions,
whilst the the government, who issued these notes, had to accept the face value. Merchants started to purchase these notes
in low prices and used them to pay taxes and governmental loans with face values, which caused problems for the central
government. In Year 9 (1859), the government found no-one except themselves would accept the paper money; they stopped
the project the same year.
