Beiyang made Guangxu Yuanbao (seven coins and two cents) was issued and circulated by Beiyang Yinyuan Bureau. Beiyang Yinyuan Bureau, formerly known as Beiyang Machinery Bureau, was an early modern military factory in China. It was founded in 1867 by Chonghou, Minister of Commerce of the three ports of Beiyang, and took over by Li Hongzhang in 1870. In the 13th year of Guangxu's reign, Li Hongzhang established the machine coinage Bureau (Baojin Bureau) attached to the Beiyang Machinery Bureau to coin machine-made coins. Later, it stopped casting for a period of time. Until the 25th year of Guangxu's reign, the Qing government allowed the Beiyang Machinery Bureau to continue casting silver coins, and changed its name to Beiyang silver yuan Bureau. Later, the silver coins were changed to "Beiyang made". The series of silver coins cast in Beiyang are rare because they are not easy to circulate and use, and their circulation is not very large. After a hundred years of existence, they are also rare.
[collection name]: Beiyang made Guangxu Yuanbao with seven coins and two cents
The Guangxu Yuanbao made in Beiyang is natural, with bulging characters, exquisite workmanship, round and deep strokes, elegant calligraphy, and balanced structure. Pan dragon pattern, the eyes are vivid and bright, the Dragon scales are clear, the Dragon claws are bold and powerful. This coin was made by the northern minting Bureau (now Tianjin area) in the 34th year of Guangxu in the Qing Dynasty. It is well made, has a clear voice, and has very few coins. Therefore, it has attracted thousands of collectors to collect it, which shows its value and status.
In recent years, traditional Chinese silver coins have gradually become popular in the money auction, some rare silver dollars have been sought after, and the transaction price has reached a new high. China is the last country in the world to end the system of silver standard currency. Other countries in the world have already exited the mechanism of currency circulation. With the development of old China's international trade, silver currency has massively gathered in the circulation of old China in the Qing Dynasty and the Republic of China. Due to the long-term and large-scale action of the people's Bank of China to collect and exchange silver dollar, the actual stock of old private silver dollar is becoming less and less, and as time goes on, it eventually becomes a rare cultural relics collection, with a high collection value.
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