In July of the 29th year of Guangxu's reign (1903 AD), ten articles of Constitution for rectifying the circular law were drawn up, in which it was proposed that silver coins should be made exclusively by the general mint and four bureaus, namely Nanyang (Jiangnan), Beiyang, Guangdong and Hubei, should be kept as branches. At the same time of making silver dollar, many people put forward the idea of making gold coin. In the 20th century, there was a discussion about the establishment of the standard system. Some people advocated that China should implement the gold standard system. In the case of insufficient gold reserves, we can first implement the gold exchange standard system (also known as the "virtual gold standard system").
[collection name]: 34 years of Guangxu Yuanbao made in Beiyang
This kind of currency system uses gold to set the price standard, but the actual circulation in China is silver dollar, which is the value symbol of gold. When there was no condition for the implementation of the gold standard system, the silver standard system was generally advocated at that time. On this premise, there was a "two yuan dispute" in monetary units. Some people claim that silver dollar weighs one or two, while others claim that silver dollar weighs seven yuan and two Fen, that is, it takes yuan as the unit. Guangxu Yuanbao is the first currency with large face value to circulate in Guangxu, Qing Dynasty. It is the first batch of circulation currency to introduce overseas technology in China. It also contains certain historical significance for today. The 34 year old Guangxu Yuanbao of beiyangzao is rare due to its small circulation and scarce market.
This northern ocean made Guangxu Yuanbao is 34 years old. On the front side of the silver coin, the central bead circle is engraved with four characters of "Guangxu Yuanbao" in Chinese. On the outside of the bead circle, the upper end of the bead circle is engraved with the Chinese character "made in Beiyang", the lower end is engraved with the currency value "Kuping seven coins and two cents", and the left and right ends are respectively engraved with a dot. On the back of the silver coin, there is a picture of a dragon in the middle, with the English "Guangxu 34" engraved on the upper ring and the English "Beiyang" engraved on the lower side, with a dot on the left and right ends.
This Guangxu Yuanbao made in Beiyang is natural, exquisite and superior. The characters are bulging, the strokes are round and deep, the regular script characters and calligraphy are very dignified, and the structure of the shelves is balanced and stretched. The dragon pattern, the eyes are vivid and bright, the Dragon scales are arranged in a fine and dense manner, and the Pearl grains are free of nothingness and stickiness, and the Dragon claws are bold and powerful. The edge teeth are standard, the ring teeth are convex, the particles are clear, the ground seal is flat and smooth as a plate. The casting amount is extremely rare, which has a high collection value.