See full images - free registration
Continue with Google - no registration! or register with email

Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!

50 Taels Hubu Guanpiao, second issue

Issuer Hubu (Board of Revenue), Empire of China
Year 1853-1864
Type Log in to see details
Value 50 Taels
Currency Log in to see details
Composition Log in to see details
Size Log in to see details
Shape Log in to see details
Printer Log in to see details
Designer(s) Log in to see details
Engraver(s) Log in to see details
In circulation to Log in to see details
Reference(s) Log in to see details
Obverse description Log in to see details
Obverse lettering Log in to see details
Reverse description The reverse bears extensive handwritten Chinese manuscript notations in ink, consistent with successive endorsements or transfer records accumulated during the note's circulation. Several large red official seals of varying sizes are impressed across the surface, partially overlapping the manuscript text. The aged, toned paper exhibits staining and wear commensurate with heavy use, with no printed design elements visible beyond the endorsement and seal impressions.
Reverse lettering Log in to see details
Signature(s) Log in to see details
Protection type Official seal
Protection description Log in to see details
Variants Log in to see details
Comments

The Hubu Guanpiao were government cash notes issued by the Qing Board of Revenue beginning in 1853, a direct response to the fiscal catastrophe of the Taiping Rebellion — the state needed to fund military campaigns and could no longer do so through copper coin alone. The 50-tael denomination was the largest in the series, and at face value represented a sum far beyond the means of ordinary people. These notes circulated primarily among merchants, salt traders, and officials.

Acceptance was never voluntary in any meaningful sense. Shops in Beijing were compelled by imperial decree to accept them at face value, but the notes depreciated rapidly. The series was officially discontinued by 1864, when the government quietly abandoned the experiment rather than formally repudiating it.

YOU MAY ALSO LIKE