Obv: Yi Dao Ping Wu Qian, One Knife worth five thousand (cash coins), with the words 'Yi Dao' in gold inlay.
74.3x29.2mm, tk 5mm, w: 29.97gm
At that time, the lowest government official's (Zuo Shi, Assistant officer) annual salary is 96 Dan of millet (1296 kg). In a good year, 1 Dan of millet (13.5 kg) valued around 30 cash coins, in the way we can estimate the annual income for the lowest government official (Zuo Shi) is about 3000 cash coins. Theoretically, these gild key-knifes were valued a year and a half salary of a lowest government official in Han/Xin dynasty of ancient China.
At the first century in China, 5000 Wu Shu cash coins were equal to 1/2 cattie of gold, about 60 grams (2 ounces) of pure gold. In the same time frame in the Roman Empire, two ounces of gold would have been at least a year's wages to an average citizen. This coin was partly of Wang Mang's currency reforming policies, it was a fiat currency with a high face value, but very little metal value. It was soon been abolished in circulation by the falling of Wang Mang* and his Xin dynasty.
*Wang Mang was a powerful politician in the late Western Han Dynasty. After murdered Emperor Ping Di, Wang proclaimed himself as regent, then as emperor in AD 7 and he was killed in a revolt after ruling for 14 years in AD 23, Wang named his dynasty 'Xin' (a reforming era).
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- Geografische Herkunft
- AE gild key-shaped money
- Jahr / Periode und Variation
- - Xin dynasty, Wang Mang (AD 7-23) - Yi Dao Ping Wu Qian - H-9.12
- VZ (ausgezeichnet)