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Joseon
Sangpyeong Tongbo
(Ho)
朝鮮
常平通寶
(背戶)
Item number: A2301
Year: AD 1633-1882
Material: Brass
Size: 23.5 x 23.6 x 0.9 mm
Weight: 3.85 g
Provenance: Spink 2023
This is a Sangpyeong Tongbo coin issued and minted by the Ministry of Taxation (Hobu), the government body responsible for national fiscal affairs during the Joseon Dynasty. It was produced between AD 1633 and AD 1882.
The coin adopts the square-holed design characteristic of Chinese influence. On the obverse side, the four Chinese characters Sangpyeong Tongbo (常平通寶) are inscribed in regular script, arranged in the order of top, bottom, right, and left. The term Sangpyeong does not correspond to any regnal era of a Joseon monarch; rather, it derives from the Sangpyeongcheong, a government office responsible for providing relief to the poor.
The upper edge of the coin’s reverse side bears the character Ho (戶), an abbreviation for the Hobu (Ministry of Taxation), the issuing authority. While there appears to be another character at the bottom, it is no longer legible due to age and wear. Based on typological patterns observed in Sangpyeong Tongbo coinage, the missing character at the bottom may have been a numeral (e.g., 一, 二, 三, 四), one of the Five Elements (金, 木, 水, 火, 土), or a character derived from the Thousand Character Classic (Cheonjamun), traditionally used in Joseon for Chinese character education.
Sangpyeong Tongbo was a form of currency circulated during the Joseon Dynasty, with its minting period spanning from AD 1633 to AD 1894. Over the course of its production, more than 3,000 distinct varieties of this coin type were issued. Even after Korea was annexed by Japan in the early 20th century, Sangpyeong Tongbo continued to be used by commoners in everyday transactions, particularly in more remote regions during the initial years of Japanese colonial rule.