The Chongning era (1101–1106) under Emperor Huizong marked an aggressive phase of the New Policies reform movement, and the proliferation of large-denomination cash coins was partly a fiscal instrument — flooding circulation with 10-cash pieces nominally valued at ten times a single cash but containing far less than ten times the metal. The dot variety of the Chongning Zhongbao distinguishes a specific die emission within a brief two-year window of production, Hartill treating it as a discrete type rather than a mere sub-variety.
Huizong's monetization experiments generated considerable contemporary complaints about currency manipulation, recorded in Song administrative texts.
The Chongning era (1101–1106) under Emperor Huizong marked an aggressive phase of the New Policies reform movement, and the proliferation of large-denomination cash coins was partly a fiscal instrument — flooding circulation with 10-cash pieces nominally valued at ten times a single cash but containing far less than ten times the metal. The dot variety of the Chongning Zhongbao distinguishes a specific die emission within a brief two-year window of production, Hartill treating it as a discrete type rather than a mere sub-variety.
Huizong's monetization experiments generated considerable contemporary complaints about currency manipulation, recorded in Song administrative texts.