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| 背面描述 | Plain spade-shaped reverse with a single raised vertical line running centrally from the shoulder of the handle toward the foot of the coin, dividing the otherwise blank field into two equal halves. The broad flat surface displays the typical granular texture of a sand-cast bronze piece, with patches of green and blue patination across the face. The squared handle with circular perforation is clearly visible at the top, consistent with standard Xin dynasty spade money manufacture. |
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| 铸造量 | ND (10-14) - Extended line - ND (10-14) - Short line - |
| 附加信息 |
Wang Mang's monetary reforms were among the most ambitious — and catastrophically unpopular — currency interventions in Chinese history. The Third Reform of 10 AD introduced a sprawling system of denominations intended to replace the Han coinage Wang Mang had displaced when he usurped the throne in 9 AD. The 600-cash valuation was fictional in any practical sense; the public largely refused to use the new coins at face, recognizing that the intrinsic bronze value bore no relationship to the assigned denomination.
Hoarding and counterfeiting were rampant. Wang Mang responded by making currency violations a capital offense, reportedly enslaving the families of offenders. The reforms collapsed with his regime in 23 AD.