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10 Cash - Qianfeng Quanbao, large type

Issuer Ma Chu Kingdom
Year 925-930
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Reverse script Chinese (traditional, regular script)
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Edge Plain
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Additional information

The Ma Chu Kingdom, one of the Ten Kingdoms that fragmented the Tang empire's collapse, operated out of Hunan and maintained a deliberately isolated regional economy. Iron cash of this type circulated internally but were effectively worthless beyond Chu's borders — a feature, not a flaw, as it kept currency from draining out of the kingdom. The large-type denomination was struck in iron precisely because copper was too valuable to coin in quantity under Ma Yin and his successors.

Iron cash of this period corrode aggressively, and survivors in any condition are genuinely scarce.

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