Coin Guangxu tongbao

A round copper alloy coin with a square hole in the centre, called fangkong qian 方孔錢. These appeared in various denominations, mostly as tongbao 通寶 (“ordinary currency”) coins, which were worth one monetary unit, and yuanbao 元寶 (“original currency”) and zhongbao 重寶 (“heavy currency”), which had a higher face value. Such coins were in circulation as standard money, in many varieties and denominations, from the time of Emperor Gaozu 高祖 (reigned 618–626), first emperor of the Tang Dynasty (618–907), until the end of the Qing Dynasty (1644–1912). The inscription on the coin usually consists of two characters, reading from top to bottom, indicating the name of the imperial reign or the single reign period (nianhao 年號) in which the coin was minted. The other two characters are read from right to left. On the left-hand side of the coin, we always find the character bao 寶 (wealth, preciousness), which in combination with the character on the right means “currency” or “money in circulation”. This is most often the character tong 通 (circulate, be uniform, general, or universal), but often it is also yuan 元 (original) or zhong 重 (weight), which usually denote coins with a larger face value. Thus, the entire inscription literally means “money in circulation during the time of this or that emperor” or “during this or that period of the reign of a single emperor”. Coins from the time of the last, Manchu Qing dynasty have, in addition to the inscription in four Chinese characters on the obverse, an inscription on the reverse, usually indicating the location of the mint. It was originally written in Chinese, then in Chinese and Manchu, and finally only in Manchu.

The coin in the photo is slightly worn but the characters on the obverse Guangxu tongbao 光緒通寶 can still be read, so we know that it was minted during the reign of Guangxu 光緒 (reigned 1875–1908). After the Opium Wars (1839–1842 and 1856–1860) and the Taiping Rebellion 太平 (1850–1864), the Qing Dynasty faced a severe economic and political crisis. Military interventions required a massive outflow of money from the Chinese economy, resulting in a severe cash shortage. Due to the severe shortage of money and the high cost of minting money, higher denomination coins were minted under the Xianfeng and Tongzhi emperors. The most common were the zhongbao coins with a slightly larger radius and a face value of 10 or 50. In the Guangxu period, tongbao coins, with a value of one monetary unit, again became more prevalent. However, they were much smaller, thinner, and of poorer quality than the coins of the early dynasty. On the reverse of this coin, as usual, there is an inscription in Manchu. On the left is written from top to bottom boo ᠪᠣᠣ, which is a phonetic transcription of the Chinese bao meaning “money”, “treasure”, or “currency”, while on the right-hand side is the Manchu inscription ciowan ᠴᡳᠣᠸᠠᠨ, a phonetic transcription of the Chinese term quan 泉 meaning “source”. The full spelling, boo ciowan ᠪᠣᠣ ᠴᡳᠣᠸᠠᠨ, is a Manchu phonetic approximation of the Chinese term baoquan 寶泉, meaning “source of wealth”, and indicates that the coin was minted at a mint under the administration and supervision of the Bureau of Revenue (Hubu 戶部) in Beijing. (MG)