China 1368-1398 Ming, Hongwu - Wen - 1368 / 1398 VF

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This coin was issued during the reign of Emperor Hongwu, founder of the Ming Dynasty, between 1368 and 1398.

Like all coins of this type, it features a round shape with a square hole in the centre, symbolising the union between Heaven (circle) and Earth (square) according to traditional Chinese cosmology.

The issuance of this coin takes place within a fundamental historical context: Hongwu, born Zhu Yuanzhang, overthrew the Yuan Dynasty in 1368 and proclaimed the Ming Dynasty, thereby restoring Chinese sovereignty over the empire. His reign was marked by a vast administrative and economic reorganisation of the country, as well as a proactive agricultural policy aimed at rebuilding a population worn down by decades of conflict. On the monetary front, Hongwu attempted to impose the use of paper banknotes, the Da Ming Baochao, while maintaining the circulation of bronze coins. His relations with neighbouring peoples were shaped by a defensive policy, particularly against the Northern Mongols, leading to the reinforcement of border fortifications. Domestically, he established a strongly centralised and authoritarian imperial power, progressively eliminating senior officials who could threaten his authority, while thoroughly reforming the administrative structures inherited from the Yuan.

 

 

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