Old asian coins with holes
A Chinese coin about years old was recently unearthed on an island just off the coast of Kenya. If it proves to be authentic, the coin could show that the Chinese explorer Zheng He — like a Christopher Columbus of the East — came to this part of east Africa. We know Africa has always been connected to the rest of the world, but this coin opens a discussion about the relationship between China and Indian Ocean nations," archaeologist Chapurukha M. Kusimba of The Field Museum in Chicago said in a statement.
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600-Year-Old Chinese Coin Found in Kenya
Ancient Chinese Coins — Dirty Old Coins
With a population of more than 1 billion, China is today the most heavily-populated country on Earth and has a history of well over 2, years. The currency requirements of the huge empire must have been tremendous. Under the Song Emperors alone, billion Chinese copper coins are said to have been minted. With paper money, too, the Chinese were well ahead of the Europeans: as early as in China the first banknotes in the world were issued, covered by imperial gold and silver. However in the printing of paper money was discontinued again, following numerous monetary devaluations.
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If confirmed, the 2,year-old mint could rewrite the history of money. Their research, published today in the journal Antiquity , gives weight to the idea that the first coins were minted not in Turkey or Greece, as long thought, but in China. The walled and moated city of Guanzhuang was established about B.
In the late Neolithic China, precious stones, brick tea, silk, and cowry shells were used as a medium of exchange. About years ago, Chinese coins were cast and widely circulated in the Zhou Dynasty. Ever since then, the cast coins became the most common form of ancient Chinese currency.