1 Kuan, circa 1368, made of paper from the mulberry tree, the text reading 'Ta Ming T'ung Hsing Pao Cha's (Treasure Note of the Great Ming), 1 Kuan (Ten Strings), T'ien Hsia T'ung Hsing (To Circulate For Ever And Ever Under The Heavens), Ta Ming Pao Cha'o (Great Ming Treasure Note), This note of the Great Ming is printed with the approval of the Hung Wu Emperor (year 1368-1398) through the Hu Pao (the Ming Finance Department) and used side by side with copper cash. Those who counterfeit the Great Ming notes will be beheaded while an informant will be rewarded with 250 Taels of silver and with confiscated property of the convicts into the bargain', not measured out of frame, old creases, holes and areas of thin paper but overall VF
Sold for £1,950
Auction: Coins (inc. Historical Medals, Banknotes, Tokens), ending 18th May, 2025
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