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Changping Tongbao is
one of the ancient coins of Korea. It was first cast in the 11th year of the
reign of King Injo of the Joseon Dynasty in Korea (1633, the 6th year of the
Ming Chongzhen era) by the Changping Hall, hence the name "Changping
Tongbao". It was circulated in denominations of Xiaoping, Zhe'er,
Dangwu, and Dangbai, with Zhe'er being the most common. It once circulated in
China as well. By the fifth year of the reign of King Sukjong, Lee Joon
(1678), various halls, departments, camps, and supervisors were designated by
law to cast coins. By 1891 (the 17th year of the Qing Guangxu era),
machine-made brass coins emerged, and Changping Tongbao had been cast for
about 260 years. It dominated the currency history of Korea in the early
modern and modern periods, completely changing the previous trading status
dominated by rice and cloth. In identification, those with a yellowish copper
color and elegant characters are generally considered early palace casts;
those with stiff strokes and poor craftsmanship are considered later official
casts; and those with poor characters and blackened copper are mostly
considered private casts.
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