History of the Korean Currencies

History of the Korean Currencies

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The history of Korean currencies dates back as far as the Goryeo dynasty (918-1392) when the first iron coins were minted. During that period, even though some imported Chinese currency was also in circulation, commodity currency such as grain and linen continued in general circulation. It was not until the beginning of the Joseon period that copper coins were minted for wide circulation. Jeohwa, which was made of standardized mulberry-bark paper early in the Joseon period, become the first legal paper money and was used as a medium of exchange in place of coins until it disappeared in the early 16th century. From the 17th century until the end of the 19th century, coins denominated in mun bearing the inscription Sang Pyeong Tong Bo were the most widely circulated currency.show more

Product details

  • Paperback | 84 pages
  • 152 x 229 x 5mm | 136g
  • Bellum Publishing
  • United States
  • English
  • 6136585375
  • 9786136585376