Coins Ī 2000 wén Da-Qing Baochao banknote from 1859 The term is still used today in colloquial Cantonese ( mān), but written as "蚊". The last coins denominated in cash were struck in the early years of the Republic of China in 1924. Traditional style, cast 1 wén coins continued to be produced until the end of the Chinese Empire in 1911. The cash or wén was retained in this system as 1⁄ 1000 yuan. In 1889, Chinese currency began to be denominated in the yuan and its subdivisions. In the 19th century, foreign coins began to circulate widely in China, particularly silver coins such as the Mexican peso. Paper money sometimes showed pictures of the appropriate number of 1 wén coins strung together. In places in the North where there was a shortage of coinage a string of 500 exchanged for an ounce of silver. So, in fact, an ounce of silver could vary in exchange from 970 to 990 cash (or more) between two places fairly close together. The person who strung the cash into a string took one, two, or three cash per hundred, depending on local custom, as payment for his effort. Each string of cash was divided in ten sections of 100. A string of 1000 wén was supposed to be equal in value to one tael ( liǎng) of pure silver. The number of coins in a string of cash (simplified Chinese: 一贯钱 traditional Chinese: 一貫錢 pinyin: yīguàn qián) varied over time and place but was nominally 1000. The hole enabled the coins to be strung together to create higher denominations, as was frequently done due to the coin's low value. Until the 19th century, coins denominated in wen were cast, the most common formation being the round-shaped copper coin with a square or circular hole in the centre. Other denominations were used, including various weights, based on the tael system, for sycee silver and gold ingots. The wén was one of the chief units of currency in China and was used to denominate both coins and paper money. A banknote of 1 chuàn (串, a string of cash coins) or 1000 cash
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