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China Perspectives
Chinese Ancient Currency 1

Chinese Ancient Currency Brief Introduction


In ancient China, coins were the main forms of currency. These coins can be made of copper, iron, lead, gold and silver with different shapes, weight and marks. Different from equivalents like draught animals, textiles and shells, ancient coins play an important role in archaeology, that they not only have the reference value to judge the history of relics or remains, but also are significant materials for researching the history of commercial economy in ancient times. Because draught animals and cereals are difficult to deposit and divide, Chinese forebears used shells as a medium of exchange and unit of account in commerce during the last phase of the primitive society. The metal coins turned up in the last phase of the Spring and Autumn Period (770 BC芒鈧€?76 BC), and the history of paper currency in China can be dated up to the Northern Song Dynasty (960芒鈧€?127).

 
   
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