Guangxu Yuanbao was one of the currencies circulated during the period of Guangxu in Qing Dynasty. Zhang Zhidong, governor of Guangdong and Guangdong provinces in Hubei, took the lead in introducing British coin machines to mint silver and copper yuan, which were followed by other provinces. There are nineteen provincial bureaus casting. Except for the central household department, the copper coins cast by local provinces are all inscribed on the upper margin of their fronts.
Guangxu Yuanbao is the first large denomination currency circulated in Guangxu year of the Great Qing Dynasty. It is the first circulation currency to introduce overseas technology in China. It also has certain historical significance for today. Among Guangxu Yuanbao, the most valuable is the Shuanglongshou coin made in Guangdong Province: Kupingzhong one or two. At the end of the Qing Dynasty, the price of copper soared, and people destroyed money for copper, so as to gain several times of the profits, and there was a shortage of money in the market. Due to the suspension of money-making in Guangdong, the market is running out of money and the circulation of small amounts is very inconvenient. In order to save the money shortage, influenced by Hong Kong's copper dollar and foreign currency, in June 26, Guangxu, Governor Deshou of Guangdong and former Governor Li Hongzhang made a decision to imitate Hong Kong's copper coin casting mechanism. Therefore, the foundry of mechanism copper yuan in Qing Dynasty began in Guangdong. Then Fujian, Jiangsu and Siguangxu Yuanbao Copper Coin Chuan and other provinces successively cast Copper Yuan.
This photograph has natural thick pulp, obvious use marks, good preservation and excellent appearance. The stock is extremely scarce and has immeasurable collection value.