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!
Ming Dynasty
Wanli Tongbao
(Two Cash)
明 萬曆通寶
(折二)
Item number: A1091
Year: AD 1576-1620
Material: Brass
Size: 28.5 x 28.4 x 1.6 mm
Weight: 4.7 g
Provenance:
1. Noonans 2022
2. D. L. F. Sealy Collection
This is a coin minted during the reign of the Wanli Emperor, the longest-reigning emperor of the Ming Dynasty, starting from the 4th year of his reign in AD 1576, inscribed with the reign title “Wanli Tongbao.” During the Wanli Emperor’s reign, the number of official coin furnaces in the country increased dramatically from 60 to 350 by the 30th year of his reign. Concurrently, a significant amount of private minting emerged in the southern regions, resulting in a highly complex and diverse range of Wanli Tongbao coin variants.
The coin weighs 4.7 g, equivalent to two cash. The “Wanli Tongbao” comes in two denominations: the “One Cash” and the “Two Cash,” with the latter typically weighing between 4.5 and 5.8 g. There is a theory that the two cash coins were minted by eunuchs within the palace during the reign of Emperor Wanli.
The coin has a typical square-hole design, characterised by its exceptionally fine craftsmanship. The outer rim is notably narrower compared to other versions, enhancing its overall delicate appearance. On the obverse side, the characters “Wanli Tongbao” are inscribed in regular script, arranged in the order of top, bottom, right, and left. The reverse side of the coin is plain, without any inscriptions or designs.
When Emperor Wanli ascended the throne at the tender age of ten, his reign was initially guided by the renowned reformer Zhang Juzheng. One of Zhang’s most significant fiscal reforms was the “Single Whip Law,” which consolidated various forms of taxation into a single payment in silver, profoundly influencing the tax system of both the Ming and Qing dynasties. After Zhang Juzheng’s death in AD 1582, the now adult Wanli Emperor took control of the government. However, his reign was plagued by personal health issues, disputes over succession, and increasing frustration with court factionalism, leading to his notorious 30-year period of absentee governance.
During Emperor Wanli’s prolonged absentee governance, the Ming Empire managed to effectively address various external threats, such as the southern tribal chieftains, the northern Mongols, and Toyotomi Hideyoshi’s aggression against Korea, a vassal state. However, the empire struggled to contain the rise of the Jurchens beyond the Great Wall, which laid the groundwork for the eventual downfall of the Ming Dynasty.