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词条 Korean yang
释义

  1. Etymology

  2. History

  3. Coins

  4. Banknotes

  5. References

  6. Sources

{{Infobox Korean name
| image = 10 Yang - Treasury Department of the Kingdom of Korea (1893) 01.jpg
| image_size =
| caption = An unissued 10 yang coin banknote.
|title=Yang
|hangul=양 or 냥
|hanja={{linktext|兩}}
|rr=yang or nyang
|mr=yang or nyang
|}}{{Infobox Korean name
| image =
| image_size =
| caption =1 fun coin, 1895
|title=Fun
|hangul=분 or 푼
|hanja={{linktext|分}}
|rr=bun or pun
|mr=pun or p'un
|}}

The yang (양/兩) was the currency of Korea between 1892 and 1902. It was subdivided into 10 jeon (전/錢), 100 bun (분/分) and 5 yang = 1 hwan (환/圜).

Etymology

{{main|Etymology of the Korean currencies}}

The word yang is a cognate of the Chinese "tael" (pronounced "liǎng" in Chinese). Fun (pronounced "pun" but spelt with an "f" on the coins), is also a cognate of a Chinese word, fen, which is equal to 1/100 yuan, whilst hwan is a cognate of yuan itself.

History

{{Main|History of the Korean currencies}}

Just before the yang was introduced, a small number of coins denominated in hwan (환/圜) and mun (문/文) were minted (1 won = 1000 mun). It is unclear whether these coins circulated. The 1 won and 5 yang coins were equal in size, containing 416 grains of silver. However, before 1892, the main currency of Korea was the mun, a denomination based on the Chinese cash (Chinese: 文 wén).

The mintage and circulation of modern currency began during the last years of the old Korean Empire as a result of contact with the West, using equipment to produce machine-struck coins purchased from Germany in 1883.[1] Around the time of the trial adoption of the gold standard in 1901, gold and silver coins were in circulation along with some Japanese bank notes.

The yang was replaced by the won at a rate of 1 won = 5 yang.

Coins

Coins were minted in the denominations of 1 fun, 5 fun, ¼ yang, 1 yang, 5 yang and 1 hwan. The coins all carried the title of the state, "Great Joseon" (Great Korea; 대조선; 大朝鮮), then just "Joseon" (Korea; 조선; 朝鮮) and then Daehan (대한; 大韓). Until 1897, the dynastic dating system was used, where the founding year of the Joseon Dynasty, 1392, was year 1. Starting in 1897, the regnal year of the monarch was used instead.

Korean Won Coins
Denomination Composition
1 pun Brass
5 pun Copper
¼ yang Initially cupronickel
and then copper around silver
1 yang 800‰ silver
5 yang 900‰ silver
1 hwan (=5 yang)

Banknotes

A series was printed by the Treasury Department but never issued. The denominations were 5 yang, 10 yang, 20 yang, and 50 yang.

References

1. ^{{cite web|url= http://primaltrek.com/koreancoins.html|title=Korean Coins – 韓國錢幣 - History of Korean Coinage|date=16 November 2016|accessdate=5 June 2017|work= Gary Ashkenazy / גארי אשכנזי (Primaltrek – a journey through Chinese culture)|language=en}}

Sources

{{refbegin}}
  • {{numis cite TMMH | region=asia}}
  • {{numis cite SCWC | date=1900.4}}
  • {{numis cite SCWPM | date=1960.8}}
{{refend}}{{n-start}}{{n-before|currency=Korean mun and Chinese currencies to some extent|reason=currency reform}}{{n-currency|location=Korea|start=1892|end=1902}}{{n-after|currency=Korean won and Korean yen|reason=heavier influence by Japan|ratio=1 yen = 1 won = 5 yang}}{{n-end}}{{commons+cat|Category:Coins of the Joseon Dynasty}}{{Historical currencies of Korea}}

5 : Currencies of Korea|Modern obsolete currencies|Joseon dynasty|1892 establishments in Korea|1902 disestablishments in Asia

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