After the founding of the Republic of China, Yuan Shikai introduced a new currency "Silver Dollar" in 1914, because the head of Yuan Shikai was printed on it, also known as "Yuan Datou", commonly known as "Ocean". Dayang is made of silver and copper two materials, which contain silver 6 coins 4 minutes 8 cents, silver in the production materials accounted for 89%, is the real precious metal currency.
Dayang produced a total of 750 million pieces during the Republic of China period, an average of 400 million Chinese at that time, each person was less than two pieces, but it was such a rare circulation that made Dayang the "king of value preservation", and there are still people who are keen to collect it until now. Then some people have questions, how much could this ocean buy at that time?
In fact, the value of this ocean also needs to look at the year and scarcity, different historical periods have different purchasing power, when the value of the ocean is the highest, an ocean can be spent by a person for half a month, and when it is not valuable, it can only buy half a kilogram of rice. At this time, there is a question, is this ocean not silver? How can it be enough to buy only half a bag of rice?
In the early days of the issuance of the ocean in 1914, the ocean was still a very stable currency, because it was a precious metal currency, and it was recognized by banks, shops, and foreign banks at that time. The ocean also quickly became the mainstream currency in the society at that time, and the bank lending and the army's salary were all silver dollars, because other currencies were unstable and the people did not recognize it.
In 1914, an ocean could buy about 30 catties of rice in rice calculations, and considering that the value of grain at that time was higher than today, an ocean was equivalent to 450 to 700 yuan today. After this, the ocean was depreciated all the way, because there were many warlords at that time, and many people did not cast "fake oceans" according to the regulations, resulting in many oceans with insufficient silver content circulating.
By 1917, the shanghai family's expenditure was 15 yuan per month, and the average salary at that time was 10 yuan, and a piece of ocean could buy about 20 catties of rice, which showed that the value of the ocean was devalued a lot. During the Republic of China period, the professions that could make the most money were teachers and newspaper writers.
In Shanghai as a patrol officer monthly salary is 8 oceans, and in Peking University as a teacher salary has 300 oceans, like Peking University professor Wu Yu in that chaotic era, you can still invite Hu Shi and others to eat in the most upscale restaurant in Beijing Wangfujing, abalone, sea cucumber, deer antler velvet, shark fin soup everything, a meal to eat 25 oceans.
Mr. Lu Xun, who we know well, was also a high-paid talent at that time, Lu Xun's monthly salary increase fee at that time was about 500 oceans, and after working for a year, Lu Xun spent 500 oceans to buy a courtyard in Beijing, which shows his wealth. But the value of the ocean has also undergone a big dive.
After the Japanese invaded China in an all-round way in 1937, the war swept through the Central Plains, and the price of goods soared at that time, and the ocean could not buy much grain. In order to obtain more funds to buy weapons and ammunition, the Nationalist government also issued a large amount of currency, resulting in serious inflation in Chinese society, and a single ocean can only buy half a kilogram of rice.
Dayang is a currency of special significance in Chinese history, and people now like to collect it. Ocean actually has a limited edition and commemorative coin, there is a version of the currency with the word "L.GIORGT", which is the Italian designer Rohrge. George's commemorative edition is now worth about $2 million. Today's topic: Does your family have a collection of oceans? How much is it worth?