Silver ingot ancient Chinese currency. Cast into ingots of silver. Since the Han Dynasty, the subsequent generation Jieyou casting, but the flow is not widely. To the Ming Dynasty the prevalence of, but it is not of the the statutory silver bullion of the State currency. To clear, beginning as the main currency in circulation. Weight range, “two” as the main unit of weight, it is also known as silver.
Before and after the Ming emperor ascended the throne, civil transactions with gold and silver. Hongwu years (1375) issued Bao Chao (ie banknotes), the court repeatedly ordered a ban on civil transactions in gold and silver as currency, and offenders Offences. Government note-issuing money but (see making money) is still the price of silver as the standard. Have a certain parity between the silver banknotes, money, the same year, pricing, silver and one or two when the money 1000 text when the banknote has always been. Relax the ban on silver the Yingzong after ascending the throne, received endowed with an order of the wheat, rice, discount silver, and reduce the various satisfied banknote projects, money in meters when the banknote. Self-evident the initial silver ban, the price versus calculation. Said the price of gold to silver, the price of rice, silk price to see the Ming Dynasty, the purchasing power of silver is much higher than the Song and Yuan Dynasties. One or two eight money a quarter of the Song, Yuan, Jin 2 about silver ten twenty-three money out for 6 two money-seventh; Song, Yuan Jiang, the Meter with one stone about the value of silver, when only nine money points, Song, Yuan, about the value of the silk a silver twenty-five money-seventh, next only six money. At this price calculation, the Ming Dynasty, the purchasing power of silver is about doubling than the Song and Yuan Dynasties. But the Ming Dynasty still no silver. Silver used as currency, the main cast at both ends of the tilt of the boat-shaped silver bullion (silver ingots), the form of silver bullion silver bullion and the code are rare, small transactions using the coins. Ingot silver ingots of varying sizes, a large ingot weight to 50 between the two, and also has weight 20 ounces. On casting location, weight, and silversmith name and text. Number of different text on the small ingots. The lack of uniformity in the weight of silver bullion and coins, fineness varies, each payment are required to scale, said weight and identification of fineness, and much inconvenience.
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