Quite rightly, China prides itself of its long history, impressively evidenced by the Chinese monetary tradition that took a different route than our western one. The third episode is about the invention of the paper money and the introduction of a coinage following the western model.
Quite rightly, China prides itself of its long history, impressively evidenced by the Chinese monetary tradition that took a different route than our western one. Learn more about the development from barter trade to monetary economy here.
On February 6th, 2016, 42 Chinese coin dies and 36 punches from the holdings of Otto Beh’s company will be handed over to the state coin cabinet of Saxony-Anhalt. They attest to an exciting chapter of German history of technology.
The first Chinese coins imitating western models were struck on the island of Formosa, modern-day Taiwan, nearly 200 years before. This article will tell the story, how it came about…
