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!
Western Han Dynasty,
Si Zhu Ban Liang
(swallowtail Liang)
西漢 四銖半兩
(磔尾兩)
Item number: A2081
Year: 136-118 BC
Material: Bronze
Size: 23.4 x 23.7 x 0.6 mm
Weight: 2.0 g
Provenance: Da Chen Stamps and Coins Collection 2015
This coin is believed to be a “Four Zhu Ban Liang” type, likely first minted in the fifth year of the Jianyuan reign under Emperor Wu of the Western Han dynasty (136 BC), and circulated until the first year of the Yuanshou reign (118 BC).
The coin displays neither an outer rim nor an inner border on either the obverse or reverse. The inscription on the obverse reads “Ban Liang” in seal script, arranged from right to left. The character “Ban” is relatively short in height and slightly slanted to the left, while the character “Liang” leans subtly to the right. The strokes are thick at both ends and thinner in the middle, and the initial horizontal stroke of “Liang” begins thin and ends thick, terminating in a pronounced flaring tail, suggestive of Han-style clerical script. In some instances, the two simplified “Ren” radicals within the “Liang” character are reduced to a single horizontal stroke, a feature that has led to this variant being referred to as the “Cross-form Liang”. In other variants, they are represented as two downward-facing arcs or angular forms, a style known as “mountain-linked Liang”. Although the coin’s edges have been smoothed and trimmed, the surface remains uneven in thickness, raising the possibility that it may be a privately cast specimen.
The “Ban Liang” coin type continued the monetary system established during the Qin dynasty. During the Warring States period, the original Ban Liang coin weighed a true half liang, approximately 7.81 grams by modern measurement. However, by the end of the Qin dynasty, the weight had been reduced to eight zhu, or around 5.21 grams. At this point, the term “Ban Liang” no longer signified a specific face value or weight, but rather referred to the round coin with a square hole bearing that name. According to the “Treatise on Trade, Part II” in the Book of Han, “In the fifth year of Emperor Wen, as coins had become increasingly numerous and light, four-zhu coins were newly cast with the inscription ‘Ban Liang.’ The prohibition on private minting was lifted, and people were allowed to cast coins.” The phrase “coins had become increasingly numerous and light” refers to the early Han “Elm Seed Ban Liang” coins, also known as “pod coins”, which were light and thin, with oversized central holes. Though they also bore the inscription “Ban Liang”, their statutory weight was merely three zhu, which caused public dissatisfaction due to their lightness. Subsequently, Emperor Wen lifted the minting ban, allowing the populace to cast Ban Liang coins of standardised four-zhu weight under specific specifications. As a result, numerous variations of the Four Zhu Ban Liang coins emerged. Nevertheless, the actual weights of these coins, possibly due to effective institutional regulation and supervision, did not experience the phenomenon of bad coins driving out good ones. Excavated Four Zhu coins from the reign of Emperor Wen consistently exceed the statutory four zhu weight, approximately 2.6 grams today.
In the first year of the Jianyuan reign (140 BC), Emperor Wu initiated the minting of three-zhu coins. In the same year, the prohibition on private minting was reinstated: “All those who illicitly cast gold and bronze coins were to be executed; the number of officials and commoners violating the law was beyond count.” After several reversals in policy, a unified currency system was finally established under the Five Zhu coin.
Emperor Wu of Han, personal name Liu Che, was the seventh emperor of the Western Han dynasty, reigning from 141 to 87 BC. His fifty-four-year reign was marked by efforts to strengthen central authority and pursue territorial expansion. He implemented the “Order to Divide and Enfeoff” to weaken the power of regional princes, established the position of regional inspector to oversee local administration, and endorsed Confucianism as the state ideology. He carried out economic and monetary reforms, including the unification of coinage under the Five Zhu standard and the establishment of the equalisation and stabilisation system to regulate prices. Militarily, he launched multiple campaigns against the Xiongnu and opened routes to the Western Regions, facilitating the formation of the Silk Road. Culturally, he emphasised the divine legitimacy of imperial rule and conducted fengshan sacrifices to Heaven. Although the political situation in his later years was destabilised by the witchcraft persecutions, his reign laid the foundation for the political structure of the Han dynasty.