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Baijin Sanpin - Dragon

Baijin Sanpin - Dragon - obverseBaijin Sanpin - Dragon - reverse

© YL Goh

Features

Issuer China (ancient)
Period Western Han Dynasty (202 BC - 8 BC)
Type Coins
Years 141 BC - 87 BC
Value 8 Liang
Currency Liang (300-118 BC)
Composition Lead (Lead with a mixture of silver.)
Weight 126 g
Diameter 53 mm
Shape Round
Technique Cast
Demonetized Yes
Number
N#
535239

Obverse

Stylized dragon design.

Reverse

Pseudo greek legend around.
Two countermarks

Comments

               Context

 

This coin is a part of the 3 unique coins minted by Han Wudi of the Western Han Dynasty as part of his monetary reform over hyperinflationary pressures, resulting from the Han-Xiongnu wars and diplomatic trade functions with the Western regions of the silk road. The set of 3 consisted of the Tortoise, Horse and Dragon coins with denominations of 300, 500 and 3000 cash coins equivalent.

 

According to historical records, these coins were known as Baijin Sanpin because they were supposed to be an alloy of silver and tin hence the white color. This led to the speculation that the government was actively attempting to balance the economic pressures with significant reductions of precious metal in favor of much cheaper metals like lead. Nonetheless public disapproval and widespread imitation ceased further issuance of these coins very quickly resulting in their high rarity.

 

 

        Coin drawing details 

 

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Date VG F VF XF AU UNC
ND (141 BC - 87 BC)  Photo

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Past sales

Pictures Sale Date Grade Sold price
Picture 1 of a sold Baijin Sanpin - DragonPicture 1 of a sold Baijin Sanpin - Dragon
Stephen Album
Auction 32
Lot 652
Internet Archive
13 Sep 2018 VF USD 1500.00
(+ buyer's premium)
Picture 1 of a sold Baijin Sanpin - Dragon
Stephen Album
Auction 50
Lot 679
Internet Archive
19 Sep 2024 F USD 5500.00
(+ buyer's premium)
See the sales

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