Catalog
2 Mun; Small Type Chin
| Issuer | Sangpyeongcheong (常平廳, Bureau of Ever-Normal Currency), Joseon Dynasty |
|---|---|
| Year | 1679-1695 |
| Type | Standard circulation coin |
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| Reverse script | Chinese (traditional, regular script) |
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| Edge | Plain |
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| Additional information |
The Sangpyeongcheong was established in 1651 specifically to manage the circulation of the Sangpyeongtongbo coinage after earlier attempts to monetize the Korean economy had repeatedly collapsed due to public resistance — Korean commerce had long run on cloth and rice as exchange media. This "Small Type" designation distinguishes it from heavier, broader issues struck concurrently by the same bureau, a distinction that matters because multiple government offices were authorized to strike Sangpyeongtongbo simultaneously, each leaving furnace and administrative marks that allow attribution today.
The 1679–1695 window corresponds to a period of aggressive monetary expansion under King Sukjong.