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Monday, July 4, 2011

I changed my background image many times, and I finally decided on this ''Chinese'' calligraphy one. Why?
I put it because the banknote was first developed in China during the Tang and Song dynasties, starting as early as the 7th century. Its roots were in merchant receipts of deposit during the Tang dynasty, as merchants and traders desired to avoid the heavy bulk of copper coinage during large commercial transactions. Here are some pictures of the notes-


                   

The Song Dynasty Jiaozi, the world's         The Huizi Dynasty banknote, issued in 1160. 
earliest banknote.


A Yuan dynasty note.



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