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2-Mun Coin
1742-1752
Copper diameter 28 mm, weight 4.78 g
The "Sang p'yong t'ong bo" was the chief copper coin in circulation
in Korea between 1633 and 1883. The inscription means "Stable
currency" and derives from the name of the institution that
began the issue of these coins the "Bureau for Stabilization".
This institution laid up stocks of grain in years when the harvest
was good so as to use them when the crops failed, a common practice
in the Far East.
The wording on the obverse remained the same throughout the period
of issue. Only the inscriptions on the reverse that occupied between
one and all four divisions of the face varied. They contained the
device of one of the 57 mints and also the number of the furnace
from which the coin was cast and the serial "number" of
the issue. The latter was expressed as one of the first sixteen
symbols in the classic book "The Thousand Character Classic"
which served as indicators of ordinal position, in the same way
as we use letters of the alphabet. The smallest unit of currency
was the mun, 100 moons made a yang, 10 yangs made a hvan.
On the obverse of the example shown, the upper field contains the
device of the Mint of the Military Transport Authority, the lower
field the third symbol from the book, meaning "primaeval chaos".
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