Lot
1
Lot 1
China - Ming Dynasty - A 14th century bank note, Baochao, 1 ...
Hammer
£300
China - Ming Dynasty - A 14th century bank note, Baochao, 1 Kuan, 1368-99.
The 1 Kuan banknote dates back to the Ming dynasty and was commissioned over 600 years ago during the rule of Zhu Yuanzhang, the first Ming emperor, insect damage, 33cm x 22cm.
This banknote was introduced between 1368 to 1399 and was part of an attempt by the Ming government to entirely replace the monetary exchange of silver and gold coins with paper currency. With the use of paper currency beginning in 7th Century China, linen, hemp, bamboo and the bark of a mulberry tree were all sourced to create paper for banknotes.
More Information
Good visible printing but insect holes noted. There is no authentication report available as we have no paperwork. The vendor purchased it some years ago but this person is now deceased, this is the only information available.
WOULD ALL PROSPECTIVE BUYERS SATISFY THEMSELVES TO THE AUTHENTICITY BEFORE BIDDING -
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