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China, Western Han Dynasty, 206 B.C. - 25 A.D.
The banliang, round with a square hole in the middle, was the first unified currency of China, introduced by the first emperor Qin Shi Huang around 210 B.C. Before that, a variety of coins were used in China, usually in the form of blades (knife money) or other implements, though round coins with square holes were used by the state of Zhou before it was extinguished by Qin in 249 B.C. Banliang coinage was part of a broader Qin standardization plan which also unified weights, measures and axle width. By the time this coin was issued, a full monetary economy had developed, with taxes, salaries and fines paid in coins. An average of 220 million coins were produced each year.CH89423. Bronze 4 zhu, Hartill 7.16 - 7.17; Mitchiner ATEC 2 5156 (perhaps other varieties in the lot), Fine or better, some edge chips, corrosion and other flaws, weight c. 2.5g, maximum diameter c. 23.5mm, 175 - 119 B.C.; obverse Ban Liang, no rims; reverse plain, no rims; randomly selected from the same lot as the coins in the photograph, ONE COIN; SOLD
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