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China's coins enjoy a time-honored history with a unique
way of their development, forming coin culture with Oriental
characteristics. Various kinds of coins are handed down
from the past few thousand years. In terms of variety, there
are ancient coins, gold coins, silver coins, copper coins,
and paper currency. In terms of design, there are shapes
of a knife, a spade, a square hole, and machine-made coins
as well as beautifully made paper money. In terms of material,
there are gold, silver, copper, iron, tin, and paper. In
a word, Chinese coins contain rich cultural contents. Coins
made and distributed in ancient Zhejiang, like those available
in the Southern Song capital and in the Taiping Heavenly
Kingdom of the Qing Dynasty, embody their own features.
The lasting feudal rule slows down development of metal
coins. Copper coins counted and gold or silver weighed,
all current by their own values without difference of standard
currency and factional currency.
Paper
currency is invented in China. It appears as a result of
commercial credit prosperity. Credit business of ancient
time gives priority to debit, credit and exchange, taking
on perform of finance as far as its property and business
range are concerned.
After the Opium War, foreign financial force began to
intrude and paint feudalism of China in colonial color,
resulting in greatest intricacy and disorder of currency
financial history of late Qing Dynasty. Through experiencing
several currency reform of Qing Government, Beiyang Government
and Kuomintang Government, it can not get rid of its property
of semi-colony and semi-feudal. While in 1949, the newly
built P.R.China created the new era of currency and finance.
The Coin Hall displays coins of different era artistically
to the audience on eight aspects of currency origin, practical
currency, birth of metal mints, square holed round coins,
and properties of ancient paper currency, credit and gold
and silver currency, civil and governmental facilities,
inflow of foreign silver coins, rise of machine made currency,
banking and paper currency etc.
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