Chapter 383: Dacang Coins
This is a set of banknotes, which Yang Mu called "Dacang coins". Dust? Yuanโ Wen โ Xueโ Network
It is almost the same as the name coins in Yang Mu's impression, and the size and shape are not bad.
However, due to the limitations of technology, it is similar to the texture of the fifties and sixties in the impression, and the plant cotton fiber has reached more than 70%.
This process of printing banknotes should be said to be the most advanced papermaking method in Cangguo today, representing the highest technology of a country.
As for whether the process can be improved on this basis, Yang Mu has a negative attitude.
After all, if you go one step further on the basis of this kind of craftsmanship, with this primitive level of craftsmanship, it is really not up to it.
Yang Mu picked up a large cangcoin with a face value of one hundred yuan from the tray, it was the largest face value of all currencies.
The reason why I say this is because there are a total of eight denominations in the entire system of Dacang coins.
They are one dime, five jiao, one yuan, five yuan, ten yuan, twenty yuan, fifty yuan, and one hundred yuan.
Originally, there was no need to set it up like this, but Yang Mu knew in his heart that if the conversion of currency was in decimal, it would undoubtedly be the most appropriate to use this combination of face values.
Why?
It's because it's been a lot of practice.
In Yang Mu's memory, China used to have banknotes of two cents and two equal denominations, but after decades of practice, they were finally eliminated.
It is worth mentioning that the Dacang coin is not something that Yang Muxing came up with, and the eight denominations are not entirely because of its convenience, but for the good and stable issuance and circulation of the Dacang coin.
After all, this is a completely new set of currency, if it cannot be linked to the existing monetary system, then it will be difficult in the future, on the one hand, it will make the people have doubts and denials about the circulation of the big cangcoin, on the other hand, it is inconvenient for countries to exchange, it is difficult to expand the influence.
And if a currency loses this key element, then it is basically declared invalid, even if you print a larger number on the currency, it is just a piece of paper, which will only cause domestic inflation and currency depreciation, not only will not allow all countries to bear the risk, but will also cause chaos in the whole society.
The Dacang coin is set up according to the exchange ratio of silver and copper coins in the country today.
A dime is worth the same as a penny copper coin.
One hundred yuan, about one tael of silver.
Due to the limitation of silver reserves and economic levels in various countries, in fact, the exchange ratio of silver and copper coins is different, and one or two silver can be exchanged for 800 to 1,500 copper coins.
Yang Mu took the median value, and a hundred yuan was about one tael of silver.
"Your Majesty Emperor Cang, are you going to use this kind of coin?"
As soon as it was handed to several emperors, it immediately caused a burst of surprise.
In everyone's mind, coins made of this kind of paper are more unexpected and incomprehensible than the original advent of white paper.
"Isn't His Majesty Emperor Cang afraid of being imitated?" Empress Ruan Guo took a 20-yuan coin in her hand and looked at it over and over again.
Yang Mu smiled and said, "The empress might as well take a closer look, if you Ruan Guo can imitate it, you can give it a try." โ
Empress Ruan gently swayed the banknote with her onion fingers, and then carefully felt how different it was from ordinary paper.
It can be seen that the front and back of the paper, whether it is the material or the workmanship, are very particular.
There are complex patterns on both sides, as well as a string of novel numbers, and the Empress Ruan Guo has long known about this, and she also knows that the people of Cangguo are generally used to using this kind of number, so she is not too surprised.
What really amazed her was the patterns with a strong Cangguo atmosphere.
For example, on the reverse side, the pattern of the major armies of the Cangguo country gathered, as well as crossbows, trebuchets, cavalry, and so on.
On the front, it is a portrait of Yang Mu's crown robe.
Empress Ruan was slightly surprised, and then glanced at a hundred yuan coin held by Emperor Lan on the side, which also had a portrait of Yang Mu, but the dress had changed, but a court robe, wearing a crown, sitting majestically in the court hall, and below was a row of courtiers kneeling and saluting......
Is this in disguise, to strengthen the majesty of the emperor?
In the hearts of the people, the majesty of the emperor will be combined with the value of the coins, which is equivalent to enhancing the emperor's status in the hearts of the people in disguise.
Next, Yang Mu briefly talked to the emperors about the exchange with silver.
In addition, he specifically explained that in the first year of the issuance of the Dacang coin, each person can only exchange a maximum of ten taels of silver Dacang coin, and at the same time stipulates that after a year, the circulation of silver in the market of Cangguo will be gradually abolished, and the exchange of silver tickets and Dacang coins is expressly prohibited, and the major money banks can no longer use silver tickets.
It's not that the special rejection of silver tickets, but the existence of this thing, is originally very disturbing to the order of the big cang, suppose a foreign merchant comes to the Cangguo, with a stack of silver tickets can easily exchange a large amount of money, and then exchange it for silver tickets after the transaction in the Cangguo, so how can the big cangyuan expand its influence?
Besides, the silver tickets in this world are issued by large money banks, and the equivalent exchange of silver is because each money bank has a large amount of silver reserves, which is equivalent to a contract situation.
"Your Majesty Emperor Cang, do we and other countries need to use this currency if they want to trade with Cangguo?"
At this time, Emperor Yanguo, who had been silently speaking in the corner, expressed the doubts in his heart, and looked at it over and over again with a few large cangjin coins in his hand, although he frowned from time to time, but he looked very interested.
"Your Majesty, what are you worried about?" Yang Mu asked.
"Your Majesty just said that you want to ban the circulation of silver tickets, and the maximum face value of this big cang coin is only worth one or two pieces of silver, which is enough for the common people, but the transactions between countries, or the transactions between private caravans, are often very huge, and it is really inconvenient, how to solve this?"
"That's right, I'm thinking the same thing."
"This is really not very convenient, if the use of silver tickets is prohibited, if my countries want to buy the weapons of the Cangguo, wouldn't they have to pull the silver two by a cart?"
"His Majesty Emperor Cang's move is worth thinking twice."
As soon as Emperor Yanguo's question was raised, it immediately attracted the support of the emperors of all countries, and it was obvious that everyone had also considered this issue.