3 Cash - Fuchang Zhongbao, Seal script

The Qi puppet state was established by the Jurchen Jin dynasty in 1130 to administer the conquered territories of northern China, with Liu Yu — a former Song official — installed as emperor. The arrangement was purely expedient: Jin needed a compliant Chinese face on its occupation while consolidating military control south of the Yellow River. Liu Yu was stripped of even that pretense in 1137 when Jin dissolved Qi entirely, having decided direct administration was more efficient than the fiction of a client state.

Qi's coinage output was limited by the brevity of the regime, making surviving bronzes from this series genuinely scarce. The Fuchang era name itself lasted only within this seven-year window.