Tuesday, June 28, 2016

Ancient Coins: Famous Asian Old Coins



Just as the Western part of the world discovered the very first coins in history, China represented the East and made their very own coins. China has been a rich civilization since the ancient times, and the Chinese valued trade and commerce. Because they were actively seeking trade and made contacts with places that required long distance travel, the system of barter wasn’t very efficient for them. This is probably why the idea of coinage came to mind.
 
The Chinese have been using cowry for local trades since the 16th to 11th century BC. It seems they have been using money or currency in some form back 4000 years ago. These forms, however, weren’t officially classified as coinage. It was in the Zhou and Shang Dynasty that they have somehow mastered the manipulation and refining of bronze. This was the start of Chinese coinage.

The first round of coins to ever appear in China were made during the Warring States Period (475 - 221 BC). These coins were more commonly known as the huan qian. These coins were ring shaped, as they had holes in the middle. After the Warring States Period, China was unified and all other forms of currency were abolished by the emperor. Only two tiers of currency remained: the higher tier made of gold called shang bi and the lower tier made of bronze called xia bi.

Probably one of the many famous old coins from China that coin collecting enthusiasts are excited about is the Y31 Dragon Silver Dollar. The silver coin was minted in Tianjin in 1911 with two versions, the shallow strike as well as the deep strike version. Another famous and beautiful Chinese coin is the 1898 Pearl Scales Dragon Coin. Because of the double die error, the coin features a dragon with an unusual scaled body, as if wearing a chainmail. Also famous to coin collectors because of the magnificently bearded dragon is the Kiangnan 1898 Hirsute Dragon coin.

Aside from the Chinese, probably among the most advanced countries in Asia in terms of coinage are the Turkish and Middle Eastern countries under the Ottoman Empire. Coinage in these areas are most inclined to have gold composition, if not pure gold since there is an abundance of the metal in the region. Among these are the 2-Hayriye Mahmud II ornately designed with a circle of flowers and ovals, and the Zari Mahbub- Selim III bearing tughra letterings on both sides.

The famous rectangular gold coins from Japan are also remarkable for coin collectors. The coins were minted in Japan from 1867 to 1869. They are also known as the First Coins of the Meiji Restoration. It was soon after this that Japan opened its gates to Western ideas and adopted the round coin.

Coins all over the world are as unique and as diverse as the cultures and the civilizations that make them. There is a certain cultural and historical imprint on old coins that adds beauty and worth to them.

If ancient coins is something that you would like to focus on, you can check out trusted numismatic shops like Colonial Acres Coins. Colonial Acres Coins is your one-stop shop for all your.. numismatic needs.

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