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!
Qing Dynasty,
Guangxu Yuanbao,
5 Cash,
Fookien Official Bureau
清
光緒元寶
當五
福建官局造
Item number: A2764
Year: AD 1900
Material: Copper
Size: 22.1 x 22.0 x 1.1 mm
Weight: 3.6 g
Manufactured by: Fookien Official Mint Bureau, Fuzhou
Provenance: Da Chen Stamps and Coins Collection 2019
This coin, denominated as “5 Wen” and inscribed with “Guangxu Yuanbao,” was machine-struck in AD 1900 (Guangxu 26th year) by the Fujian Official Mint Bureau. Its issuance was prompted by the success of Western-style copper coinage in the neighbouring province of Guangdong. Upon petitioning by Xu Yingkui, the Governor-General of Fujian and Zhejiang, and subsequent approval by the Ministry of Revenue, the mint commenced production of copper coins bearing a face value of five wen.
The obverse of the coin features a five-clawed dragon facing forward with a fireball emerging from its mouth, enclosed within a beaded circle. As the dragon’s body is not coiled and is positioned directly beneath its head, it is referred to as a “seated dragon.” The tail fin extends into the beaded border, and this particular style is thus known as the “long-tailed dragon.” Flanking the beaded circle on each side are stylised five-petalled floral motifs. The upper legend reads “FOO-KIEN” in Wade-Giles romanisation, indicating “Fujian,” while the lower legend reads “5 CASH,” denoting the face value. The coin’s rim is circular with fine square-toothed edging.
The reverse also uses a beaded circle to separate the inner and outer legends. Inside the circle, the inscription “Guangxu Yuanbao” is rendered in Chinese regular script, while the centre features the Manchu text “ᠪᠣᠣ ᡶᡠ” (boo fu), indicating the mint mark “Bao Fu” (Treasure-Fu) of the Fujian bureau. The outer circle also bears floral ornaments on each side. The upper legend reads “Struck by the Fujian Official Mint” in Chinese characters, and the lower legend states “Face value: five wen per coin.” The rim mirrors the obverse with fine square-toothed edging.
As fluctuations in silver prices intensified and the supply of traditional cash coins became insufficient, various provinces petitioned to mint new coins, including copper coins. The “Guangxu Yuanbao” was first minted in AD 1900 (Guangxu 26th year) at the Guangdong Mint, adopting modern minting technology inspired by the Hong Kong copper cent, aiming to replace the long-standing hand-cast, square-holed cash coins. The initial circulation of copper coins was met with enthusiasm, alleviating the coin shortage. Neighbouring provinces such as Fujian and Jiangsu quickly followed. In the following year, the Board of Revenue decreed that all provinces were to follow the minting standards set by Guangdong, Fujian, and Jiangsu.
However, within a few years, the market was oversupplied with debased and low-quality coins, leading to currency depreciation. In AD 1904 (Guangxu 30th year), the Qing court resolved to reclaim the right to mint currency and unify the national monetary system, aiming to put an end to the disorder in copper coin issuance. In the following year, the Board of Revenue completed the construction of a central mint. Newly issued coins in many provinces were changed to “Great Qing Copper Coins,” but this reform had limited success, and the original “Guangxu Yuanbao” continued to circulate in some regions until the end of the Qing dynasty.
In AD 1894 (Guangxu 20th year), local merchants in Fuzhou obtained official permission and jointly funded the establishment of the privately operated “Fujian Yuan Coin Bureau.” In AD 1900 (Guangxu 26th year), the bureau was reorganised into the state-run “Fujian Official Silver Bureau,” also known as the “Southern Mint” due to its location in southern Fuzhou. It expanded into a facility with twelve workshops, responsible for minting both silver and copper coins for provincial circulation. The copper coinage was administered under a specialised division known as the “Fujian Copper Coin Bureau.” The denominations initially produced by the Fujian bureau under the “Guangxu Yuanbao” series included 5 wen, 10 wen, and 20 wen. In later years, only the 10 wen and 20 wen coins continued to be issued. The 5 wen coin, having a shorter production period, exists in fewer varieties. These include versions in red copper and white copper (copper-nickel alloy), and stylistically can be classified into “long-tailed dragon” and “short-tailed dragon” types.
Emperor Guangxu, born Zaitian, was the eleventh emperor of the Qing dynasty and the nephew of the Tongzhi Emperor. He ascended the throne in AD 1875 under the regnal title “Guangxu.” Though nominally the reigning monarch, real power remained in the hands of Empress Dowager Cixi for most of his reign. His rule coincided with a period of internal strife and foreign pressure in late Qing China. In AD 1898, he supported the reformist efforts of Kang Youwei and Liang Qichao in launching the Hundred Days’ Reform, aiming to modernise the state’s institutions. The movement ultimately failed, and Guangxu was placed under house arrest in the Sea Terrace of Zhongnanhai by Cixi, where he remained until his death.