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Such coins have mainly been found in excavations at [[Kaesong]], the capital of [[Goryeo]], and do not seem to have circulated widely to/in other parts of the peninsula.
Such coins have mainly been found in excavations at [[Kaesong]], the capital of [[Goryeo]], and do not seem to have circulated widely to/in other parts of the peninsula.
In the early modern period, from [[1678]] until the late 19th century, some fifty different agencies across Korea produced coins called ''sangpyeong tongbo'' (常平通宝). These "stabilization coins" were named after the [[Joseon]] court's efforts at stabilizing the economy through limiting taxes, from payments in kind (grain and various other products), to more strictly having to be paid either in coin, cotton, or rice.
Modern Korean currency might be said to have gotten its start in [[1882]], with the introduction of the ''Daedong eunjeon'', or "silver coin of the Great East," which filled in the square hole traditionally found at the center of East Asian coins. Due to dramatic changes in the price of [[silver]], these coins were taken out of circulation the following year. The year after that, in [[1884]], Seoul's central mint began mass-producing coins by machine for the first time, in silver and bronze.
Modern Korean currency might be said to have gotten its start in [[1882]], with the introduction of the ''Daedong eunjeon'', or "silver coin of the Great East," which filled in the square hole traditionally found at the center of East Asian coins. Due to dramatic changes in the price of [[silver]], these coins were taken out of circulation the following year. The year after that, in [[1884]], Seoul's central mint began mass-producing coins by machine for the first time, in silver and bronze.
==References==
==References==
*British Museum gallery labels.[https://www.flickr.com/photos/toranosuke/22597662270/in/dateposted-public/][https://www.flickr.com/photos/toranosuke/22164516853/sizes/l]
*British Museum gallery labels.[https://www.flickr.com/photos/toranosuke/22597662270/in/dateposted-public/][https://www.flickr.com/photos/toranosuke/22164516853/sizes/l][https://www.flickr.com/photos/toranosuke/22597671590/in/photostream/]
[[Category:Economics]]
[[Category:Economics]]
