User:Donald Trung/Surviving Ming Dynasty banknotes

This page serves as "the editing history" of the English Wikipedia article "Da Ming Baochao" and is preserved for attribution. ✅. --Donald Trung (talk) 07:44, 16 August 2019 (UTC).

Surviving specimens (Part 1)
During the early 20th century two discoveries were made where a large number of 1 guàn Da Ming Baochao banknotes were uncovered, the first of these discoveries occurred in the year 1900 when foreign forces occupied the capital city of Beijing in response to the Boxer Rebellion. During the occupation a number of European soldiers of the Eight-Nation Alliance had overthrown a sacred image of Gautama Buddha in the Summer Palace which uncovered a large number of gold and silver ingots alongside various gems and jewelry and a bundle of 1 guàn Da Ming Baochao banknotes, as these European soldiers were happy with the gems and precious metals they acquired they handed the bundle of banknotes to US Army Surgeon Major Lewis Seaman, who was a bystander and only unofficially present. Lewis Seaman gave the bundle of banknotes to the museum of St. John's College in the city of Shanghai. One of these banknotes was reproduced as a lithographic facsimile in the book The Trade and Administration of the Chinese Empire written by Hosea Ballou Morse.


 * ✅. --Donald Trung (talk) 06:42, 16 August 2019 (UTC)

Surviving specimens (Part 2)
Another batch of 1 guàn Hongwu era banknotes was discovered when sometime in the year 1936 one of the walls surrounding the city of Beijing was torn down. When the labourers got to the huge gate in the wall, they uncovered a large bale of 1 guàn Da Ming Baochao banknotes which was buried in the wall itself. After the labourers removed the soiled and damaged notes, they started selling the banknotes to bystanders standing around them. The labourers only sold them for a few coppers each which would only amount to a couple of cents in American currency at the time. One of the bystandards who purchased one of these Da Ming Baochao notes was Luther Carrington Goodrich of the Yenching University who purchased two specimens for only a couple of coppers who later gave it to his friend Reverend Ballou who wrote about the account.CITATION NEEDED

Due to these circumstances it’s relatively easy for modern collectors of banknotes and paper money to acquire the Hongwu era 1 guàn banknotes as these sold for between 1000 and 1500 US dollars during the 2000s, for this reason modern banknote catalogues like the Standard Catalog of World Paper Money do list two Ming dynasty era banknotes but don’t list other Chinese banknotes and promissory notes produced before the Qing dynasty, John E. Sandrock claims that banknotes from the Song, Liao, Jin, Yuan, and Ming dynasty notes have survived while paper notes from the Tang, Later Zhou, and Western Xia dynasties do not seem to have any extant specimens. Sandrock states that because many of these notes are either one of a kind specimens in the hands of either private collectors or museums while ancient Chinese paper notes that don’t have any (known) surviving specimens are still known due to a great number of Chinese numismatic works and archeological finds, that these notes are therefore "not collectible" and are excluded from notaphilic catalogues for that reason. Sandrock claims that since these early forms of paper money is why paper money exists today that the hobby of notaphily would benefit from having them in catalogues. As only the 1 guàn Da Ming Baochao banknotes are numerous and easily available for collectors costing generally between one and two thousand US dollars that these other banknotes which are either unique or number in the two or three are "priceless". For this reason the notaphilic field for ancient Chinese banknotes other than the Hongwu era 1 guàn notes seems to be a largely ignored field.CITATION NEEDED

In 2016 art experts at Mossgreen's Auctions found a 1 guàn Da Ming Baochao banknote hidden inside of a 1 inch fold of a wooden luohan sculpture in Melbourne, Australia.

Surviving specimens (Part 3)
Another batch of 1 guàn Hongwu era banknotes was discovered when sometime in the year 1936 one of the walls surrounding the city of Beijing was torn down. When the labourers got to the huge gate in the wall, they uncovered a large bale of 1 guàn Da Ming Baochao banknotes which was buried in the wall itself. After the labourers removed the soiled and damaged notes, they started selling the banknotes to bystanders standing around them. The labourers only sold them for a few coppers each which would only amount to a couple of cents in American currency at the time. One of the bystandards who purchased one of these Da Ming Baochao notes was Luther Carrington Goodrich of the Yenching University who purchased two specimens for only a couple of coppers who later gave it to his friend Reverend Ballou who wrote about the account.

Due to these circumstances it’s relatively easy for modern collectors of banknotes and paper money to acquire the Hongwu era 1 guàn banknotes as these sold for between 1000 and 1500 US dollars during the 2000s, for this reason modern banknote catalogues like the Standard Catalog of World Paper Money do list two Ming dynasty era banknotes but don’t list other Chinese banknotes and promissory notes produced before the Qing dynasty, John E. Sandrock claims that banknotes from the Song, Jin, Yuan, and Ming dynasty notes have survived while paper notes from the Tang dynasty do not seem to have any extant specimens. Sandrock states that because many of these notes are either one of a kind specimens in the hands of either private collectors or museums while ancient Chinese paper notes that don’t have any (known) surviving specimens are still known due to a great number of Chinese numismatic works and archeological finds, that these notes are therefore "not collectible" and are excluded from notaphilic catalogues for that reason. Sandrock claims that since these early forms of paper money is why paper money exists today that the hobby of notaphily would benefit from having them in catalogues. As only the 1 guàn Da Ming Baochao banknotes are numerous and easily available for collectors costing generally between one and two thousand US dollars that these other banknotes which are either unique or number in the two or three are "priceless". For this reason the notaphilic field for ancient Chinese banknotes other than the Hongwu era 1 guàn notes seems to be a largely ignored field.

In 2016 art experts at Mossgreen's Auctions were reported to have found a 1 guàn Da Ming Baochao banknote hidden inside of a 1 inch fold of a wooden luohan sculpture in Melbourne, Australia. However, this specimen later turned out to be fraudulent.


 * ✅. --Donald Trung (talk) 07:44, 16 August 2019 (UTC)

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