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Jiaozi Paper Money

Type Object Region China Time 1023–1107

One of the world's earliest official paper currencies, issued in Sichuan during the Northern Song; state-issued from 1023 onward.

Timeline

  1. 1023Yizhou · ChengduThe court established a jiaozi bureau in Yizhou, replacing private jiaozi shops with official seals, reserves, and a fixed quota issuance system, making jiaozi an official paper currency circulating and redeemable in Sichuan.
  2. 1051–1060Sichuan Circuit · SichuanIn the 1050s jiaozi circulated widely in Sichuan's markets and tea-horse trade, easing the burden of transporting iron coins; this node falls within the 1051–1060 window.

Sources