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5 Mun Ch'ang Small Type

Issuer Joseon (1392-1897)
Year 1887
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Shape Round with a square hole
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Obverse description Cast bronze cash coin featuring four Chinese characters arranged in cruciform reading order around a central square hole. Reading top-to-bottom and right-to-left, the legend reads 常平通寶 (Sangpyeong Tongbo), identifying the issuing authority as the Sangpyeong Ch'ong (Board of Revenue) of the Joseon Dynasty. The characters are rendered in regular script (kaishu) within a plain, unornamented field, with no additional decorative elements. The square hole is centrally placed and neatly cast, as typical of East Asian cash coinage of the period.
Obverse script Chinese (traditional, regular script)
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Additional information

The "Small Type" designation distinguishes this issue from the larger 5 mun pieces introduced as Joseon made fitful attempts to stabilize a coinage system under mounting fiscal pressure from Japanese commercial penetration and internal reform demands. By 1887, the Joseon mint at Chŏnhwan'guk — established only two years earlier with Japanese technical assistance — was still calibrating production, which accounts for the dimensional variation collectors now use to differentiate die families within the series.

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