Yongle Tongbao

Source: Wikipedia, the free encyclopedia.
Yongle Tongbao
(永樂通寶)
Ming dynasty
(China)[a]
Value1 wén
Composition63-90% copper (Cu), 10-25% lead (Pb), 6-9% tin (Sn), and 0.04-0.18 % zinc (Zn).[1]
Silver[b]
Years of minting1408–1424[2]
Obverse
DesignYongle Tongbao (永樂通寶)
Reverse
DesignUsually blank, but inscriptions may be used.[3][4]

The Yongle Tongbao (

paper money as the main currency, the records vary on when the Yongle Emperor ordered its creation between 1408 and 1410,[5] this was done as the production of traditional cash-style coinage had earlier ceased in 1393. The Yongle Tongbao cash coins were notably not manufactured for the internal Chinese market where silver coinage and paper money would continue to dominate, but were in fact produced to help stimulate international trade as Chinese cash coins were used as a common form of currency throughout South, Southeast, and East Asia
.

As Yongle Tongbao cash coins were primarily used only for foreign trade, it is extremely uncommon for Yongle Tongbao coins to be found in archaeological digs within China's borders. In fact very few

coin hoards of Ming dynasty coins in China ever contain any Yongle Tongbao coins, comparatively Yongle Tongbao coins are dug up in large quantities in countries like India, Sri Lanka, Malaysia, Singapore, Indonesia, Thailand, Vietnam, South Korea and Japan, these coin hoards often weigh tens of tons. Outside of Asia Yongle Tongbao cash coins have also been found in places like Africa and Yukon.[6]

In Japan Eiraku Tsūhō (the Japanese reading of Yongle Tongbao) cash coins became a very common design and many private and government mints produced copies of the coin. The design of an Eiraku Tsūhō coin was also used on the flag of Oda Nobunaga.

In China

Main article: Ming dynasty coinage

After the Yongle Emperor had ordered their production the Yongle Tongbao cash coins started being produced in the mints of Beijing, Nanjing, and Fujian as well as the provincial mints of Zhejiang and Guangdong. However, as these coins were primarily manufactured for foreign trade and to be carried by envoys of the Chinese court they generally did not circulate within China itself as silver coinage and banknotes would continue to remain the dominant media of exchange. Under subsequent rulers coinage could continue to only be sparsely produced.[5]

In Japan

See also: Japanese mon (currency) § Toraisen, Shichūsen, and Bitasen

From 1587 Japan started exporting goods to China and received Chinese copper-alloy cash coins in return for payment, around this time the Japanese stopped minting their own coins and started relying heavily on Chinese cash coins as the internal demand for copper coinage increased. The Eiraku Tsūhō coin in Japan is known as a toraisen ("Tang money" or "Chinese money"), and other cash coins with Ming dynasty era inscriptions also started circulating in Japan. As the imports of Chinese cash coins didn't fulfill the demand the Japanese market had many Japanese mints started casting reproductions of these toraisen which were known as shichūsen, and shichūsen of inferior quality were known as bitasen or money made from bad metal. These coins with Ming dynasty inscriptions remained in circulation in Japan until they were officially prohibited by the Tokugawa shogunate in 1608.[7][8][9][10][11] Despite this however Bitasen continued to circulate within Japan, but from 1670 the Eiraku Tsūhō was completely prohibited from circulation and depreciated in favour of the government produced Kan'ei Tsūhō cash coins.[12]

Association with Oda Nobunaga

Nobunaga flag
The flag (Nobori) of Oda Nobunaga displaying Chinese Eiraku Tsūhō coins.

On the 5th month of the year

Zen Buddhist proverb "I only know that I'm okay with what I got" (吾唯知足, ware tada taru o shiru) and presented to him an Eiraku Tsūhō coin of which both the obverse and reverse sides were heads.[13] Family crests with this proverb written around a square hole resembling a cash coin are not uncommon among military families.[13] Another possibility as to why Oda Nobunaga used Eiraku Tsūhō cash coins as a motif on his nobori was because Eiraku Tsūhō were originally all imported from Ming China during the Muromachi period and spread throughout Japan as the de facto currency, speculation has it that Nobunaga tried to emulate this by having Eiraku Tsūhō as his emblem meaning that his power too shall spread throughout Japan.[13]

The tsuba Oda Nobunaga was carrying during his military campaigns which had the Eiraku Tsūhō inlayed into it was nicknamed the "invincibility tsuba" (まけずの鍔) as he had won all battles he had fought while carrying that tsuba.

kokuhō (national treasure) in 1920.[13]

Influence on Ryukyuan coinage

Main article: Ryukyuan mon
A Sekō Tsūhō (世高通寳) cash coin manufactured by using an altered Yongle Tongbao cash coin as a mother coin.

From 1461 the Ryukyu Kingdom under the reign of King Shō Toku started minting Sekō Tsūhō (世高通寳) cash coins based on the Yongle Tongbao, these coins were manufactured by using circulating Yongle Tongbao coins as mother coins and carving the characters Sekō (世高) out of the Yongle inscription on the top and bottom of the coin, this made the Sekou appear rounded while the Tsūhō (通寳) remained very angular, as copper shrinks during the cooling part of the manufacturing process these Sekō Tsūhō tend to be diminutive in size. Like regular Yongle Tongbao cash coins it's not uncommon for Ryukyuan cash coins from this period to also be found in coin hoards in countries like Indonesia.[14][15]

Yongle Tongbao cash coins in Kenya

See also:
Africa–China relations § Historical relations

Yongle Tongbao cash coins produced by the Ming dynasty have been unearthed in the

University of Illinois at Chicago found a Yongle Tongbao coin there, this coin was also attributed as being likely brought there during Zheng He's expedition.[17]

Notes

  1. far east, most commonly in Japan and Vietnam
    .
  2. ^ Silver Yongle Tongbao cash coins are known to exist but are extremely rare.

References

  1. ^ “An Investigation of the Using of Brass in Casting Coins in Ancient China” (我国古代黄铜铸钱考略) included in “A Collection of Chinese Numismatic Theses” (中国钱币论文集) published in 1992.
  2. ^ Numis' Numismatic Encyclopedia. A reference list of 5000 years of Chinese coinage. (Numista) Written on December 9, 2012 • Last edit: June 13, 2013 Retrieved: 30 July 2017.
  3. ^ 李兆良．《坤舆万国全图解密-明代测绘世界》．台北：联经出版社，2012. (in Mandarin Chinese)
  4. ^ 李兆良．《宣德金牌启示录-明代开拓美洲》．台北：联经出版社，2013. (in Mandarin Chinese)
  5. ^ a b Hartill 2005, p. 247.
  6. ^ "Admiral Zheng He and the Yongle Tongbao Coin". Gary Ashkenazy / גארי אשכנזי (Primaltrek – a journey through Chinese culture). 31 March 2013. Retrieved 30 July 2017.
  7. ^ Việt Touch VIET NAM COINS & PAPER NOTES. AUTHOR: Thuan D. Luc COLLECTION: Bao Tung Nguyen VIET NAM NUMISMATICS © Chi D. Nguyen Retrieved: 31 July 2018.
  8. ^ Dutch-Asiatic trade 1620-1740 by Kristof Glamann, Danish Science Press published.
  9. ^ Japanese coins in Southern Vietnam and the Dutch East India Company 1633-1638 by Dr. A van Aelst
  10. ^ History of the Yen by Hiroshi Shinjo, The Research Institute for Economics & Business Administration, Kobe University published.
  11. ^ Sources of Japanese Tradition by Ryusaku Tsunoda, WM Theodore de Bary, Donald Keene.
  12. ^ Japan Mint - History of Japanese coins. Retrieved: 31 July 2018.
  13. ^ a b c d e f g "The "invincibility tsuba"". by Markus Sesko (Markus Sesko - Translation and Research Services for Japanese Art and Antiques.). 30 May 2013. Retrieved 31 July 2018.
  14. ^ "Ryuukyuuan coins". Dr. Luke Roberts at the Department of History - University of California at Santa Barbara. 24 October 2003. Retrieved 31 July 2018.
  15. ^ 九州歴史資料館 (Kyūshū Historical Museum) ｢大世通宝・｢世高通宝」は 琉球王国が発行したコイン .] (in Japanese) Retrieved: 31 July 2018.
  16. ^ "Could a rusty coin re-write Chinese-African history?". BBC News. 17 October 2010. Retrieved 30 July 2018.
  17. SmartNews - Keeping you current
    . Retrieved 31 July 2018.

Sources

  • Hartill, David (September 22, 2005). Cast Chinese Coins.
    ISBN 978-1412054669
    .
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