The common name of the copper yuan is the general term for various new copper coins that have been minted since the end of the Qing Dynasty. Because it is different from the traditional circular square hole, there is no hole in the middle, so it is called copper plate. Guangxu began casting in Guangdong in 26 years. 1 yuan per 100 pieces of silver. After that, the types of copper plates increased, and the provinces were indiscriminately cast and the copper plates were devalued. In 1935, the Kuomintang government implemented the legal currency policy. In the second year, the new copper coins were issued. There were one or two points, and the old copper plates were mostly melted.
Historical Origins
The copper plate is a general term for all kinds of new copper coins cast since the late Qing Dynasty and the early Republic of China. It is different from the square coins of the past and has no holes in the middle. It is an important part of China's modern monetary system. It has been in circulation since 1900 and was gradually replaced by paper-corner and nickel coins in the 1930s. The history of copper coins circulating in China has only been more than 30 years. However, during the past 30 years, due to the earth-shaking changes that have taken place in China, the disappearance of the Qing Dynasty and the emergence of warlords have caused chaos in China’s currency distribution, resulting in a large number of copper coins, various types, and numerous editions. People are amazing. It is estimated that from 1900 to 1917, there were 32 billion copper coins cast in the provinces, and more than 400 dragons and patterns on the back of the Qingyuan copper. This undoubtedly recorded the history of the time and became the "living textbook" and "living cultural relics" that now understand the historical changes.
From the perspective of the issuance of the copper yuan, in addition to the copper coins issued by the Qing government, there are also copper coins cast in various places, and the circulation is one year. According to Liang Qichao's records of various years of copper yuan castings, Guangxu was 1,741,167 in 30 years, Guangxu 31 was 4,619,620 thousand, and Guangxu in 32 years, reaching 1,709,384 thousand. In the 33 years of Guangxu, it has reached 285,1200, and Guangxu fell back to 34 years. 1428,000 thousand pieces. Such a wind that is unacceptable and indiscriminate, naturally makes the copper dollar depreciate.
The demise of the Qing Dynasty made China enter the Republic of China, but in the early days, the warlord separatist forces in various regions fought each other, and then they set up factories to manufacture copper coins to raise military expenses. However, the phenomenon of competing for each other, arbitrarily dividing the private sector, and having no rules and regulations is not uncommon. The copper material has a bad texture and the price has plummeted. During the Beiyang government, the practice was even worse. The provinces not only did not stop building, but instead added new factories. The copper produced by the province was inferior and the face value increased to make profits. After the Northern Expedition, the copper dollar was gradually replaced by nickel coins and gradually withdrew from circulation.
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