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100 000 Cash Da-Qing Baochao

Uitgever Da-Qing Baochao (大清寶鈔)
Jaar 1857-1864
Type Log in om details te zien
Waarde 100 000 Cash (100 000)
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde Plain cream-coloured paper reverse bearing multiple handwritten annotations in black ink and red seal impressions applied at various orientations, consistent with administrative handling and transfer endorsements accumulated during circulation. The characters 義成銀號, indicating a money shop or exchange house endorsement, appear in the central field, accompanied by several red rectangular seal impressions scattered across the surface alongside cursive script notations. A handwritten date inscription occupies the upper left corner.
Opschrift keerzijde 義成銀號
咸豐丰幅
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
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Opmerkingen

The Da-Qing Baochao was introduced in 1853 as part of a dual paper currency scheme launched by the Qing government to address a severe fiscal crisis — the Taiping Rebellion had gutted state finances, and copper coinage shortages were acute. This note, denominated in cash strings rather than taels, was the larger of the two parallel systems, with the Hubu Guanpiao handling silver-denominated obligations.

Public confidence collapsed quickly. By the late 1850s, both currencies were trading at steep discounts to face value, and the government's attempts to mandate acceptance at par failed entirely. The Baochao system was formally wound down by 1861, though notes continued to surface in circulation well into the following years.

A 100,000-cash denomination is extraordinary — the inflationary arithmetic alone tells the story of how badly the scheme had deteriorated by the time such notes were authorized.

MISSCHIEN OOK INTERESSANT