1 Cash - Wang Mang Second reform

Issuer China (ancient)
Year 9-14
Type Standard circulation coin
Value 1 Cash
Currency Zhu (second reform, 9-14)
Composition Bronze
Weight 1.14 g
Diameter 15 mm
Thickness
Shape Round with a square hole
Technique
Orientation Medal alignment ↑↑
Engraver(s)
In circulation to
Reference(s) Hartill#9.14, FD#459, Schjoth#139
Obverse description Four Chinese ideograms read clockwise.
Obverse script Chinese
Obverse lettering  小 一 直  泉
(Translation: Xiao Quan Zhi Yi Small coin / Value 1)
Reverse description Blank (uniface).
Reverse script
Reverse lettering
Edge Smooth.
Mint
Mintage ND (9-14) - -
Numisquare ID 1389453220
Additional information

Historical Context: The 1 Cash coin, Xiao Quan Zhi Yi, originates from the tumultuous reign of Wang Mang (9-23 AD), founder of the Xin Dynasty. This specific issue belongs to his second monetary reform, initiated in 9 AD. Wang Mang’s reforms were ambitious attempts to stabilize the economy and reassert imperial authority through a complex system of new denominations. This smallest denomination was crucial for daily transactions within his grand, yet ultimately doomed, economic vision.

Artistry: The design of this 1 Cash coin exemplifies the classical aesthetic favored by Wang Mang. While individual engravers are not identifiable, the calligraphy reflects a refined seal script (zhuan shu) style. The obverse features the characters "Xiao Quan Zhi Yi" (Small Coin Worth One), arranged around a central square hole. The precision and balance of the strokes, even on this small module, demonstrate the high standards of imperial mints in rendering traditional script; the reverse is typically blank.

Technical/Grading: As a cast bronze coin, its technical qualities are assessed by the sharpness of characters and casting integrity. High-points for evaluation include the clarity of individual strokes within the seal script and the definition of the inner and outer rims. Technical casting qualities vary; well-preserved examples exhibit crisp, well-formed characters, minimal flaws like sand holes or unevenness, and clean sprue removal. Its small size (15mm) and light weight (1.14g) often result in variability in overall cast quality.

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