Copper Yuan, commonly known as copper plate, is a new currency cast in the late Qing and Republic of China. Unlike the circular square hole money used in circulation in ancient times, there were no holes in the middle of the copper and Yuan Dynasty. It was made by machine with abundant pictures and texts. The appearance of copper coin marks that the metal money casting technology in our country has entered a new stage of advanced mechanized production from the traditional manual sand casting. China's Copper Yuan was born in the 26th year of Guangxu in Qing Dynasty (1900). At the end of Guangxu, Xinjiang Province also started to cast copper yuan. The copper yuan of "New Province, Guangxu Yuanbao" is the earliest copper yuan in Xinjiang.
In the late Qing Dynasty, because of the rise in copper prices, there was no profit or even loss in casting money. The local money-making bureaus stopped casting copper money one after another, and there was a phenomenon of "money shortage" in the market. The problem of money shortage is more serious because the people destroy money for copper one after another. The lack of money in market circulation, the obstruction of commodity circulation and social and economic activities, the poverty of businessmen, the threat to national tax revenue and social stability, and the currency crisis caused by the lack of money-making have become the greatest threat to the rule of the Manchu and Qing governments after the Taiping Heavenly Kingdom Movement. In order to alleviate the money shortage, Guangxu 26 (1900) Guangdong Province imitated the copper coin of Hong Kong - Tongxian style, casting a new round currency - Tongyuan, which has no holes in the middle. Copper yuan is well-cast, beautifully designed, neat in appearance and easy to use. It is very popular with businessmen. It quickly replaces copper money and circulates on the market. All provinces in the country are competing to follow suit. Affected by the mainland, Xinjiang Province, which is located in the border area, is unwilling to lag behind. It actively follows up with the mainland copper yuan as the blueprint for self-casting copper yuan.
The time of founding copper yuan in Xinjiang Province is not recorded in historical records. "Xinjiang Tuzhi" records that in December 1908, in Guangxu 34 years, Wang Shunan, Fansi County, Xinjiang, cast the face language "Xinjiang Universal, Xuantong Yuanbao, Danghongqian Shiwen" copper yuan. Nowadays, there are copper coins of "New Province, Guangxu Yuanbao" in the world. Although they are not recorded in the historical records, the coin's surface texts show that its casting time is undoubtedly earlier than that of "Xinjiang Universal Xuantong Yuanbao". Academic circles generally believe that the copper yuan of "New Province, Guangxu Yuanbao" was cast by the silver yuan Bureau set up by the Shuimogou Machinery Bureau outside Dihua (now Urumqi) in Xinjiang during the period of Guangxu 33 and 34 years (1907-1908), and it is the earliest copper yuan cast in Xinjiang. "Xin Province Guangxu Yuanbao" copper yuan, red copper texture, diameter 28 mm. There are four Chinese characters "Guangxu Yuanbao" in the front of the bead circle and six-petal flower ornaments in the center. On the outer edge of the bead circle, there are Chinese words "Xin province", with one or five flower stars on both sides. On the lower edge of the bead circle, there are six Chinese characters "market silver is one and five cents". On the back, the dragon body is cast with dragon pattern. The dragon body is hollow and downward, surrounded by auspicious clouds, and the bottom is decorated with sea water (see figure). There is no Uygur language on the front and back of the copper coin "New Province Guangxu Yuanbao", which is relatively rare in Xinjiang coins.
In modern times, the copper yuan in the mainland was generally linked to money-making, and its face value was "when making money * * * * * * * * * * * * * * * * * * * * * * * The "New Province Guangxu Yuanbao" copper yuan is more special, it is a kind of copper yuan linked with the silver system. Nowadays, as we can see, there are two kinds of copper denomination value of "Xin-province Guangxu Yuanbao". They are "one fifth of city silver" and "two fifth of city silver". The first trial-cast is the "City Silver One Five-centimeter" copper yuan, that is, every 100 pieces of silver to Xiangping (Late Qing Dynasty Xinjiang General Xiangping) silver 1,25 yuan, each copper yuan equivalent to six red money. When in circulation, it is inconvenient to convert with silver and red money, and it is not welcomed by businessmen. So soon we tried to cast the copper yuan of "two cents and five cents of city silver". The pattern, writing, weight and diameter are the same as that of "one cents and five cents of city silver". We just changed the "one cents" to "two cents". Every 100 silver arrives in Xiangping, two and five cents, and each copper yuan is equivalent to ten cents of red money. Because of the excessive ratio, it is still unwelcome. As a result, a batch of castings were stopped after trial casting. The number of castings was small and the circulation time was not long. Nowadays, it is difficult to find the living objects. "New Province Guangxu Yuanbao" copper coin casting process is not perfect, text pattern duplication, displacement, missed typing and other phenomena are more common; coin machine pressure is insufficient, graphic printing is shallow, easy to wear in circulation, the physical pattern of the past is mostly blurred, clear text, perfect product is very rare. "New Province, Guangxu Yuanbao" copper coin is a precious Xinjiang coin. It witnessed the history of the modern development of Xinjiang coin casting technology in the late Qing Dynasty. It is worth cherishing. It has good casting quality, clear details and a pleasant view. It has a very high collection value.