British Trade Dollar
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British Trade Dollar
Trade dollars are silver coins minted as trade coins by various countries to facilitate trade with China and the Orient. They all approximated in weight and fineness to the Spanish dollar, which had set the standard for a de facto common currency for trade in the Far East. History The existence of trade dollars came about because of the popularity of the silver Spanish dollar in the Far East, such as in China, East Asia, and the East Indies. Following the establishment of Spanish Philippines, Manila (in the modern area of Intramuros) became an entrepôt for Chinese goods in one direction and Spanish silver dollar, from across the Pacific to the Spanish-held mints and silver mines of Mexico, Peru, and Bolivia, in the other. The Manila-Acapulco Galleon Trade, led from the 16th Century onwards to the wide circulation of "pieces of eight" as a standard of trade in the Far East. The high regard in which these coins came to be held, led to the minting of the silver Chinese yuan, a ...
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Silver Coin
Silver coins are considered the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612–330 BC. Before 1797, British pennies were made of silver. As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted. Ancient silver coins coveted by collectors include the Denarius and Miliarense, while more recent collectible silver coins include the Morgan Dollar and the Spanish Milled Dollar. Other than collector's silver coins, silver bullion coins are popular among people who desire a "hedge" against currency inflation or store of value. Silver has an international currency symbol of XAG under ISO 4217. Origins and early development of silver coins The earliest coins in the world were minted in the kingdom of Lydia in Asia Minor aroun ...
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Bolivia
, image_flag = Bandera de Bolivia (Estado).svg , flag_alt = Horizontal tricolor (red, yellow, and green from top to bottom) with the coat of arms of Bolivia in the center , flag_alt2 = 7 × 7 square patchwork with the (top left to bottom right) diagonals forming colored stripes (green, blue, purple, red, orange, yellow, white, green, blue, purple, red, orange, yellow, from top right to bottom left) , other_symbol = , other_symbol_type = Dual flag: , image_coat = Escudo de Bolivia.svg , national_anthem = " National Anthem of Bolivia" , image_map = BOL orthographic.svg , map_width = 220px , alt_map = , image_map2 = , alt_map2 = , map_caption = , capital = La Paz Sucre , largest_city = , official_languages = Spanish , languages_type = Co-official languages , languages ...
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Pieces Of Eight
The Spanish dollar, also known as the piece of eight ( es, Real de a ocho, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g = 0.822 oz t fine silver. It was widely used as the first international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency. Because the Spanish dollar was widely used in Europe, the Americas, and the Far East, it became the first world currency by the late 18th century. The Spanish dollar was the coin upon which the original United States dollar was based (at 0.7735 oz t = 24.0566 g), and it remained legal tender in the United States until the Coinage Act of 1857. Many other currencies around the world, such as the Japanese yen and the Chinese yuan, were initially based on the Spanish dollar and other 8-real coi ...
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Mexican Peso
The Mexican peso ( symbol: $; code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 16th–19th century Spanish dollar, most continuing to use its sign, "$". The current ISO 4217 code for the peso is ''MXN''; prior to the 1993 revaluation, the code ''MXP'' was used. The peso is subdivided into 100 , represented by " ¢". The Mexican peso is the 15th most traded currency in the world, the third most traded currency from the Americas (after the United States dollar and Canadian dollar), and the most traded currency from Latin America. , the peso's exchange rate was $20.50 per euro, $19.80 per U.S. dollar, and $15.50 per Canadian dollar. History Etymology The name was first used in reference to ('gold weights') or ('silver weights'). The Spanish word means 'weight'. Compare the British pound sterling. Other countries that use are Argentina, Chile, Colombia, Cuba, Dominican Republic, the Philippines, and Uruguay. R ...
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French Indo-China
French Indochina (previously spelled as French Indo-China),; vi, Đông Dương thuộc Pháp, , lit. 'East Ocean under French Control; km, ឥណ្ឌូចិនបារាំង, ; th, อินโดจีนฝรั่งเศส, officially known as the Indochinese Union; vi, Liên bang Đông Dương, , lit. 'East Ocean Federation'; km, សហភាពឥណ្ឌូចិន; lo, ສະຫະພາບອິນໂດຈີນ and after 1947 as the Indochinese Federation,; vi, Liên đoàn Đông Dương; km, សហព័ន្ធឥណ្ឌូចិន; lo, ສະຫະພັນອິນດູຈີນ was a grouping of French colonial territories in Southeast Asia until its demise in 1954. It comprised Cambodia, Laos (from 1899), the Chinese territory of Guangzhouwan (from 1898 until 1945), and the Vietnamese regions of Tonkin in the north, Annam in the centre, and Cochinchina in the south. The capital for most of its history (1902–45) was Hanoi; Sai ...
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French Indochina
French Indochina (previously spelled as French Indo-China),; vi, Đông Dương thuộc Pháp, , lit. 'East Ocean under French Control; km, ឥណ្ឌូចិនបារាំង, ; th, อินโดจีนฝรั่งเศส, officially known as the Indochinese Union; vi, Liên bang Đông Dương, , lit. 'East Ocean Federation'; km, សហភាពឥណ្ឌូចិន; lo, ສະຫະພາບອິນໂດຈີນ and after 1947 as the Indochinese Federation,; vi, Liên đoàn Đông Dương; km, សហព័ន្ធឥណ្ឌូចិន; lo, ສະຫະພັນອິນດູຈີນ was a grouping of French colonial territories in Southeast Asia until its demise in 1954. It comprised Cambodia, Laos (from 1899), the Chinese territory of Guangzhouwan (from 1898 until 1945), and the Vietnamese regions of Tonkin in the north, Annam in the centre, and Cochinchina in the south. The capital for most of its history (1902–45) was Hanoi; ...
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1 Piastre Indochine 1887
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is ...
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Fineness
The fineness of a precious metal object (coin, bar, jewelry, etc.) represents the weight of ''fine metal'' therein, in proportion to the total weight which includes alloying base metals and any impurities. Alloy metals are added to increase hardness and durability of coins and jewelry, alter colors, decrease the cost per weight, or avoid the cost of high-purity refinement. For example, copper is added to the precious metal silver to make a more durable alloy for use in coins, housewares and jewelry. Coin silver, which was used for making silver coins in the past, contains 90% silver and 10% copper, by mass. Sterling silver contains 92.5% silver and 7.5% of other metals, usually copper, by mass. Various ways of expressing fineness have been used and two remain in common use: ''millesimal fineness'' expressed in units of parts per 1,000 and '' karats'' or ''carats'' used only for gold. Karats measure the parts per 24, so that 18 karat = = 75% and 24 karat gold is considered 100% go ...
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Candareen
A candareen (; Accessed from OED Online. ; Singapore English usage: hoon) is a traditional measurement of weight in East Asia. It is equal to 10 cash and is of a mace. It is approximately 378 milligrams. A troy candareen is approximately . In Hong Kong, one candareen is 0.3779936375 grams and, in the Weights and Measures Ordinance, it is ounces avoirdupois. In Singapore, one candareen is 0.377994 grams. The word ''candareen'' comes from the Malay ''kandūri''. An earlier English form of the name was ''condrin''. The candareen was also formerly used to describe a unit of currency in imperial China equal to 10 li () and is of a mace. The Mandarin Chinese word ''fēn'' is used to denote of a Chinese renminbi yuan but the term ''candareen'' for that currency is now obsolete. Postal denomination On 1 May 1878 the Imperial Maritime Customs was opened to the public and China's first postage stamps, the " Large Dragons" (), were issued to handle payment. The stamps ...
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Mace (unit)
A mace (; Hong Kong English usage: tsin; Southeast Asian English usage: chee) is a traditional Chinese measurement of weight in East Asia that was also used as a currency denomination. It is equal to 10 candareens and is of a tael or approximately 3.78 grams. A troy mace is approximately 3.7429 grams. In Hong Kong, one mace is 3.779936375 grams. and in Ordinance 22 of 1884, it is ounces avoirdupois. In Singapore, one mace (referred to as chee) is 3.77994 grams. In imperial China, 10 candareens equaled 1 mace which was of a tael and, like the other units, was used in weight-denominated silver currency system. A common denomination was 7 mace and 2 candareens, equal to one silver Chinese yuan. Name Like other similar measures such as tael and catty, the English word "mace" derives from Malay, in this case through Dutch ''maes'', plural ''masen'', from Malay ''mas'' which, in turn, derived from Sanskrit ', a word related to "mash," another name for the urad bean, and masha, a ...
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First Opium War
The First Opium War (), also known as the Opium War or the Anglo-Sino War was a series of military engagements fought between Britain and the Qing dynasty of China between 1839 and 1842. The immediate issue was the Chinese enforcement of their ban on the opium trade by seizing private opium stocks from merchants at Canton and threatening to impose the death penalty for future offenders. Despite the opium ban, the British government supported the merchants' demand for compensation for seized goods, and insisted on the principles of free trade and equal diplomatic recognition with China. Opium was Britain's single most profitable commodity trade of the 19th century. After months of tensions between the two nations, the British navy launched an expedition in June 1840, which ultimately defeated the Chinese using technologically superior ships and weapons by August 1842. The British then imposed the Treaty of Nanking, which forced China to increase foreign trade, give compensat ...
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