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500 Cash Da-Qing Baochao

Emittent Da-Qing Baochao (Board of Revenue, Qing Dynasty)
Jahr 1853-1864
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Referenz(en) P#A1
Vorderseitenbeschreibung Vertically formatted note printed in black on cream paper, with the title inscription 大清寶鈔 (Da-Qing Baochao) arranged at the top within a border of cloud and dragon scroll motifs. The central field carries the denomination 伍百文 (500 Cash) in large Chinese characters, flanked by columns of official text detailing the note's legal status and conditions of acceptance. A large red official seal impression is struck in the centre, with a serial number and reign-year notation (咸豐某年製) at the left margin.
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Rückseitenbeschreibung Plain cream paper reverse with minimal printed content, largely unadorned. A brown stain from an official seal impression is visible in the central area, with Chinese characters reading 八十月四後 inscribed in ink at the lower right quadrant. A small red seal stamp appears at the lower right corner, and a handwritten cursive inscription in ink runs along the bottom edge.
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Anmerkungen

The Da-Qing Baochao ("Great Qing Treasure Notes") were issued by imperial edict beginning in 1853 as the Qing treasury hemorrhaged silver fighting the Taiping Rebellion. The government had already debased its copper coinage — the Da-Qing Tongbao cash coins the notes nominally represented — which meant paper denominated in copper was backed by metal already worth less than its face value. Structural inflation was built into the series from inception.

By 1861 the notes had lost virtually all public confidence and ceased to circulate at meaningful value. The Board of Revenue quietly discontinued the issue by 1864. Surviving examples are fragile; the paper stock used was domestic mulberry-fiber, prone to splitting along fold lines.

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