Digital museum showcasing the collection of worldwide legends over the years! 千古不朽博物館展示多年來收藏的世界傳奇故事!
Qing Dynasty,
Guangxu Yuanbao,
10 Cash,Fookien Customs Copper Coin Bureau
(Large Fonts Version)
清 光緒元寶
十文閩海關銅幣局造
(大閩關版)
Item number: A430
Year: AD 1904-1907
Material: Copper
Size: 28.0 x 28.0 x 1.6 mm
Weight: 7.0 g
Manufactured by: Fuzhou, Fookien Customs Copper Coin Bureau
Provenance:
1. Noonans 2022
2. D. L. F. Sealy Collection
This is a Guangxu 31st year (AD 1905) Guangxu Yuanbao copper coin with a denomination of ten cash, minted by the Fookien Customs Copper Coin Bureau, which was under the jurisdiction of the Fookien Shipyard. This copper coin is the only currency minted by a customs bureau during the Qing Dynasty. Based on variations in font size and design, there are three types: “Large Fonts,” “Small Fonts,” and “Official Dragon.” This coin is classified as the “Large Fonts” version.
The obverse of the coin features two beaded circles, with a five-clawed dragon at the centre exhaling a fireball. At the four o’clock and eight o’clock positions, there are five-pointed stars serving as separators. The upper edge is inscribed with “F.K. CUSTOM-HOUSE” in uppercase English letters, while the lower edge indicates the denomination “10 CASH.”
The reverse of the coin features a single beaded circle. At the centre are the Chinese characters “Guangxu Yuanbao” in regular script and the Manchu script “Bao Fu.” The abbreviation for the Fookien Customs, “Min Guan,” is engraved on the left and right sides. The characters are the same size as the inscription along the upper edge, “Minted by the Fookien Official Silver Bureau,” hence the designation “Large Fonts.” The lower edge indicates the denomination with the Chinese characters “Each Coin Worth Ten Cash.”
As a centrally administered institution, the Fookien Shipyard was primarily responsible for building, repairing, and maintaining ships, each of which required significant funding. At the establishment of the unit, the court designated the Fookien Customs to bear the main expenses. However, with technological advancements, the costs of constructing new ironclad ships far exceeded those of wooden steamships, and the customs allocations gradually became insufficient.
Recognising the profits from minting copper coins, the Fookien Shipyard made a small-scale attempt at minting in Guangxu Year 11 (AD 1885), but it did not receive court approval for mass production. It was not until Guangxu Year 30 (AD 1904), under the administration of Chongshan, the General of Fuzhou and Minister of the Shipyard, that the court granted permission. In July of the following year, the “Fookien Customs Copper Coin Bureau” was established to mint copper coins to raise funds.
However, after the Customs Copper Coin Bureau began production, it faced rising copper prices and corruption issues. Compounding these problems, Fuzhou, where the factory was located, had three competing institutions with overlapping responsibilities: the Fookien Official Silver Bureau, the Fookien Machinery Bureau, and the Customs Copper Coin Bureau. This led to destructive price competition among them.
By Guangxu Year 33 (AD 1907), investigations revealed that all three factories had ceased operations. The Customs Copper Coin Bureau’s facilities were found to be half-destroyed, and the machinery was severely rusted. Ultimately, the court decided to restructure the Fookien Official Silver Bureau into the “Central Mint Fookien Branch” to coordinate the province’s minting activities. The Customs Copper Coin Bureau, burdened with debt, faded into history.