200 Cash Zhongtong Yuanbao Jiaochao

Features

Issuer Empire of China
Emperor Yuan dynasty › Kublai Khan "Shizu" (元世祖) (1271-1294)
Type Standard banknote
Years 1260-1350
Value 200 Cash
Currency Cash (621-1912)
Composition Paper (mulberry bark)
Shape Rectangular
Demonetized Yes
Number
N#
238016

Comments

No surviving examples are known.

For images of some of these very rare notes, see here:
https://mongoliancoins.com/coins_of_mongol_empire_yuan_state.html

In the year 1260, Kublai Khan established two currencies: the first backed by silk, and the second backed by silver. The first, issued in July, was unsuccess; the second, issued in October, was very successful. Using the lessons learned from the failure of the Jin dynasty currency, the Yuan dynasty put in several measurement to ensure stability:
1) No limit on region or time;
2) Old paper monet was forbidden, but could be exchanged;
3) All taxes were required to be paid in by using banknotes;
4) Silver reserves were held to ensure free conversion between paper and silver; and
5) Banknotes could be used only in commercial transactions.

For more information about these banknotes, see here:
http://mx.nthu.edu.tw/~tkho/workshop/Paper3.pdf

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Date VG F VF XF AU UNC
ND (1260-1350) 

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

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