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Liao Dynasty
Qiantong Yuanbao
遼
乾統元寶
Item number: A3781
Reference number: SNMC#2-25
Year: AD 1101-1110
Material: Bronze
Size: 24.5 x 24.2 x 1.5 mm
Weight: 4.75 g
Provenance: Spink 2023
This is a Qian Tong Yuanbao coin cast under the reign of Emperor Tianzuo of the Liao dynasty, Yelü Yanxi, the ninth Liao emperor, using his first reign title Qian Tong (1101–1110 AD). From the Da Kang period of Emperor Daozong onward, the denomination name of Liao coinage was uniformly rendered as Yuanbao.
The coin conforms to the traditional square-holed round format of the Sinosphere. The obverse bears the clerical-script inscription “Qian Tong Yuanbao”, to be read from the top and then clockwise. The calligraphy is broadly in clerical style. The character Qian is written in the variant form “乹”, while in the character Yuan the initial stroke of the second stroke slants leftwards, resembling one of the Tang-dynasty variants of Kaiyuan Tongbao. The coin surface is plain and undecorated. An off-centre perforation may be described as a “flowered hole” (hua chuan).
According to Liao institutional practice, coinage was mostly cast by the Directorate of Revenue in the Eastern Capital Circuit, which was subordinate to the Southern Administration Grand King, and the minting location was probably the administrative centre at Liaoyang Prefecture. In addition, agencies responsible for money and textiles were also established in regions such as the Liaoxi Circuit, Pingzhou Circuit, Changchun Prefecture, and Yuzhou, which likely possessed mining and metallurgical facilities as well.
The Liao dynasty, also known as the Khitan, originated from a nomadic tribal confederation in northeastern China; the term Khitan is also associated with the meaning “iron.” In AD 907, when the tribal leader Yelü Abaoji proclaimed the founding of the state, the Liao rapidly became a dominant power on the northern Asian steppe and exerted substantial pressure on the Han Chinese regimes to the south.
Emperor Tianzuo, Yelü Yanxi, was the ninth and final emperor of the Liao dynasty, reigning from AD 1101 to AD 1125. Shortly after his accession, he continued the political purges arising from the Luan River incident, during which Yelü Yixin had sought to assassinate Yelü Yanxi while he was still crown prince’s heir. Power struggles persisted among the Xiao clan of imperial in-laws, the remnants of Yelü Yixin’s faction, and the supporters of the crown prince. Amid these internal conflicts, one of the Jurchen chieftains, Wanyan Aguda, gradually unified the various Jurchen tribes and rose in rebellion against the Liao beginning in AD 1114. As warfare dragged on unresolved, members of the imperial clan and military commanders in multiple regions also defected. Emperor Tianzuo personally led campaigns but suffered decisive defeats, severely undermining central authority. Ultimately, in AD 1125, all five Liao capitals fell, the last emperor Tianzuo was captured, and the Great Liao dynasty came to an end. Remnant forces under figures such as Yelü Dashi fled westward into Central Asia, where they established the Western Liao.