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Paper Money

The use of money in China could be traced back to at least four thousand years ago. China was also the first country to use paper money, or credit currency in the world. Ancient paper money can only be described in general terms for lack of material objects. About the Pai-Lu P'i-pi (white deer-skin money) of Han Dynasty and the Fei-Chien (flying money) of Tang Dynasty, I personally have never seen the actual objects. However, the official issuing of paper money in Sung Dynasty is famous in the field of numismatic. [Chiao-Tzu (1008AD) and Chien-Yin (1105AD) of Northern Sung and Hui-Tzu (1160AD) and Kuan-Tzu (1131AD) of Southern Sung]. The use of paper moneys went on through the Yuan and Ming as well as the end of the Qing Dynasty. In 1897, China's first bank, the Commercial Bank of China was established by Sheng Hsuen Huai with the approval of the emperor, and beginning of issuing modern banknotes in China. Paper notes played their important roles in different stages of the money history of China.



Note issued by Tibetan Regional Government

50 Tam

with Secret Security Text


Marks of Rareness of the Collected Currencies
Extremely Rare A ~ Very Rare B ~ Rare C ~ Not So Many D ~ Common D

Item No.: 376 Size: 145 x 87 mm Mint: Lhasa Rareness: D


Note:
According to the book of "Standard Catalog of World Paper Money" by Mr. Albert Pick, notes of the Tam system were made many varieties in size, printing and color. Direct reading of security text is accomplished when the face is held up to a light source.

Peculiarity of 50 Tam note #7:
1672-87 (1926-41). Blue and red on yellow underprint. 2 lions at center. Back red and blue with lion, dragon, tiger and stylized creature. 157x101mm.
a. Short serial #7 frame. 1672(Cycle 15); 1673-77 (Cycle 16).
b. Long serial #7 frame. 1678-87 (Cycle 16).
c. 1677(1931). #7A, but additional red circular seal over the serial # at upper right.



Obverse



Reverse






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Szechuan Rupee : the Imitation of Indian Rupee


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The Red Face Rupee


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Tibetan Coinage I - The Nepalese and Tibetan Coinage in Qing Dynasty


An unknown Tibetan Item

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Some of My Spare Tibetan Coins






    Bibliography

  1. : 1987 p.17, 51, 55, 60. (The History of Tibetan Money).
  2. Albert Pick : Standard Catalog of World Paper Money, 7th Editio-Volume 2. p.1156
  3. Tibet Branch of the People's Bank of China: China Numismatics 1990.1 No.28 P.29



Home Page New Data Chronology Cast Coins Struck Coins Paper Money Links/Reference
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