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Southern Song Dynasty
Qiandao Yuanbao
南宋
乾道元寶
Item number: A888
Year: AD 1165-1173
Material: Bronze
Size: 27.8 x 27.8 x 1.7 mm
Weight: 6.95 g
Provenance:
1. Noonans 2022
2. D. L. F. Sealy Collection
This coin was minted during the reign of the second emperor of the Southern Song Dynasty, Emperor Xiaozong, under his second reign title, “Qiandao.” The coin, known as “Qiandao Yuanbao,” is made of bronze. Based on differences in calligraphy, the Qiandao Yuanbao coins are categorised into two distinct types: regular script and seal script.
The coin follows the typical form of square-holed coins, with a slightly chipped outer edge on the lower side. On the obverse, the four Chinese characters “Qiandao Yuanbao” are inscribed in regular script in a clockwise sequence. The reverse side is plain, without any patterns or inscriptions. In terms of weight, the Qiandao Yuanbao corresponds to a denomination known as “two-cash,” meaning it is equivalent to two one-cash coins.
Emperor Xiaozong of the Southern Song Dynasty, Zhao Shen, was a collateral relative of the dynasty’s founding emperor, Gaozong. After ascending the throne, Xiaozong rehabilitated the reputation of the general Yue Fei, posthumously honouring him as Eguo Gong, and purged the faction of the infamous minister Qin Hui. However, following the failed Northern Expedition against the Jin dynasty in AD 1164, Xiaozong signed the Longxing Peace Treaty and changed the era name to Qiandao, securing over forty years of peaceful development. In AD 1189, Xiaozong abdicated in favour of his son, Emperor Guangzong, and passed away five years later.
During the Song Dynasty, in addition to bronze coins, one notable feature was the widespread circulation of iron coins, a phenomenon rarely seen in other dynasties. This practise arose primarily for two reasons: first, the domestic shortage of copper resources; and second, the need to prevent copper coins from flowing into the hands of northern rival states, such as the Western Xia, Liao, and Jin. As a result, the Song court initially began minting iron coins, and later introduced early forms of paper money, such as Jiaozi and Huizi, as alternative currency.