1290

XIN: Wang Mang, 7-23 AD, AE gold key money (35.12g), XF

Currency:USD Category:Coins & Paper Money / Chinese Coins - Early Imperial Start Price:6,500.00 USD Estimated At:8,000.00 - 10,000.00 USD
XIN: Wang Mang, 7-23 AD, AE gold key money (35.12g), XF
CURRENT BID
0.00USD+ applicable fees & taxes.
ENTER YOUR MAXIMUM ABSENTEE BID[?]
You must bid at least
6,500.00USD
USD
6,500.00 x 1 unit = 6,500.00USDApplicable fees & taxes are added at checkout.
[?]Live Online Auction Starts In 2026 Jan 23 @ 09:00 (UTC-08:00 : PST/AKDT)
IMPORTANT NOTE - The Buyer's Premium is now $20 per lot or 20% of the hammer price, whichever amount is greater. However, we have also reduced opening bids on lower value items to adjust for the new Buyer's Premium structure, so all-in costs are still very close to what they were in the past. This change in fee structure will allow us to continue to offer coins valued at less than $100 in addition to our higher value offerings. Contact us with any questions.
XIN: Wang Mang, 7-23 AD, AE gold key money (35.12g), H-9.12, yi dao ping wu qian (one knife worth five thousand) with the words yi dao written in gold inlay, minor encrustation, graded 85 by GBCA Grading Company, a lovely example of this rare and popular type! XF, ex Zhao Quanzhi Collection. At that time 5000 Wu Shu was equal to 1/2 cattie of gold. A cattie weighed about 120 grams, so these knives were valued at about 60 grams (2 ounces) of pure gold. We have not been able to find a relative value for gold in ancient China, but in the same time frame in the Roman Empire, two ounces of gold would have been at least a year's wages to an average citizen, thus the problem with this issue. It was fiat currency with a named value very high, but with little intrinsic value.