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Qing Dynasty
Jiaqing Tongbao
Bao Yuan Bureau
(Privately Minted Version)
清
嘉慶通寶
寶源局造
(私鑄版)
Item number: A618
Year: AD 1796-1820
Material: Copper
Size: 20.9 x 20.7 x 0.7 mm
Weight: 2.0 g
Manufactured by: Bao Yuan Bureau
Provenance:
1. Noonans 2022
2. D. L. F. Sealy Collection
This is a “Jiaqing Tongbao” coin, minted during the Jiaqing period by the Bao Yuan Bureau, which was under the jurisdiction of the Ministry of Works responsible for engineering projects in the capital. The coin follows the typical format of a square-holed coin and is made of copper, with noticeable notches and wear around the edges. On the obverse side, the four Chinese characters “Jiaqing Tongbao” are inscribed in sequence from top, bottom, right, to left. On the reverse side of the coin, the sides are marked with the Manchu characters “ᠪᠣᠣ ᠶᡠᠸᠠᠨ” (Bao Yuan), indicating the minting unit, though the inscription shows significant wear. This coin weighs only 2.0 g and has a relatively rough design, suggesting it may have been privately minted by individuals.
After Jiaqing ascended to the throne following his father Qianlong’s abdication, he faced a massive financial crisis left behind by his predecessor. To address this, Jiaqing allowed the continued use of silver by the populace while simultaneously working to improve the quality of minted coins. As a result, the quality of “Jiaqing Tongbao” coins was notably superior and more standardised compared to the coins minted during the later years of Qianlong’s reign, with the weight officially set at 1 Mace 2 Candareens.
However, Jiaqing’s financial reforms were disrupted by frequent uprisings led by secret societies such as the White Lotus and Tianli sects. These disturbances undermined his efforts, leading to widespread private minting and even official adulteration of coinage, which in turn caused rampant inflation. In response, Jiaqing issued an edict permitting provinces lacking copper resources to suspend coin production. If they were to continue minting coins, the weight had to be strictly maintained at 1 Mace 2 Candareens. Consequently, many provinces ceased production, leading to a reduction in the circulation of copper coins and a subsequent stabilisation of prices.