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 Replies: 9 / Views: 2,047 |
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Valued Member
200 Posts |
I recently bought a clump of coins from Singapore just for fun. :) http://www.ebay.com/itm/A-clump-of-...361447667938"This clump of ancient Chinese coins is salvaged from a Song Dynasty (1127-1279 AD) shipwreck. The shipwreck is discovered under the deep water of South China Sea."          Left to right: Zhen Zong (998-1016)Xiang Fu tong bao (1008-1016) Xian Ping yuan bao (998-1003) Ren Zong (1022-1063)Huang Song tong bao (1039-1054) Hui Zong (1101-1125)Shen Song yuan bao (1101-1106) |
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Moderator
 United States
23731 Posts |
I'm surprised they held up so well. Nice.
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Pillar of the Community
United States
6370 Posts |
They were worth more as a clump...
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Moderator
United States
34428 Posts |
Interesting and thank you for sharing the "un-clumping" process. It seems a little odd to me that coins in similar condition of wear, but separated by about 100 years could have been next to each other on the boat when it sank. Maybe typecoin will weigh in on these.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
United States
6370 Posts |
Quote:
Interesting and thank you for sharing the "un-clumping" process. It seems a little odd to me that coins in similar condition of wear, but separated by about 100 years could have been next to each other on the boat when it sank. Maybe typecoin will weigh in on these. Keep in mind that a single cash coin had an very low value and purchasing power, even in ancient times. For this reason, the coins were often circulated on strings, not singly as coins are today. For this reason, many cash coins, often spanning decades and sometimes centures, can be found together in high grades. A normal, common cash coin normally circulated for 300-500+ years before being lost to time. This is corroborated by the types I found in hoards. For example, I found a Ban Liang (ca 130 BC) and a Huo Quan (ca 15 AD) in a hoard of Wu Zhus dating from ca 550 AD. I have also found Tang coins (ca 618-907 AD) in a hoard dating from the mid-Song era (ca 1130 AD). Both the Song and Tang coins were of high grade, even though they were in the same hoard. Edited by TypeCoin971793
08/29/2016 7:55 pm
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Moderator
United States
34428 Posts |
Quote:
For this reason, many cash coins, often spanning decades and sometimes centures, can be found together in high grades. Ok very interesting-thanks! "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
Spain
629 Posts |
Ancient Chinese coins were exported to Japan in very great amounts as metal when mongols created their "paper coinage"...
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Pillar of the Community
United States
616 Posts |
I know Roman coins, although the first ancient coin I ever purchased was a Huang Song 1-cash. So I'm curious about the Chinese cash coins. Quote:
Keep in mind that a single cash coin had an very low value and purchasing power, even in ancient times. Any idea why this was the case? Was it due to hyperinflation? It would seem to me the cost of production couldn't exceed the value of the coins, so I assume these were made extremely cheaply. But even if so, why not in higher denominations? Quote:
They were worth more as a clump... Really? |
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Pillar of the Community
United States
6370 Posts |
Quote:
Any idea why this was the case? Was it due to hyperinflation? It would seem to me the cost of production couldn't exceed the value of the coins, so I assume these were made extremely cheaply. But even if so, why not in higher denominations? No hyperinflation. It was just that copper as a metal was not a very highly-valued metal. These coins were cast, so they were cheaply made and mass-produced. And they were made in higher denominations (2, 3, 5, and 10 cash). |
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Valued Member
 200 Posts |
Interesting informations! Thank you! :)
I like the story of these coins and also like cleaning ancient/medieval coins, that's why I bought and separeted them.
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Replies: 9 / Views: 2,047 |
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Posted 08/29/2016 6:48 pm
