Six rare 11th century Medieval China Large Chinese Multi Cash Coin Lot Auction (0019-2560187)

Lot : 0019

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Overview

Condition

Used

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Description

Six rare 11th century Medieval China Large Chinese Multi Cash Coin Lot

Coin is larger than the normal 24mm to 25mm that cash coins normally are and these coins would have originally had a ten or a two cash value when issued (Depending on if it was issued during or after a series of wars in China in the late 11th century.
In the late 11th century when the armies were at wars these coins were cast with a ten cash value (Even though they only contained two or three times as much metal as normal one cash coins) - I assume partially as a way to help finance the wars. When the wars semi ended and the economy got back to normal it was easy to profitably counterfeit these coins because you could make a ten cash coin using only two or three cash value of metal. So the government revalued the coins to three cash. This only partially stopped the counterfeiting and they were ultimately revalued again to two cash. Even though some people had 80% of their savings wiped out in the devaluations the coins proved popular and were useful for commerce so the government continued to make these oversize coins (Roughly around 6 to 8 grams) and valued the newly minted coins at two cash.
A 7th coin which is a normal size one cash coin also included to show relative size of these coins and all coins show names of Song Dynasty Emperors. (312922-619)

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