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Chapter 250 Change

Back to Guangzhou City, there have been many changes in Guangzhou City since June, and these changes are mainly brought about by equal coins, glass mirrors, etc.

Speaking of equal coins, in the eyes of residents of Guangzhou City, the biggest feature of equal coins is convenience.

When the equality currency first appeared, many merchants would weigh the weight of the equality currency, worried that the equality currency would be incorrect. After earning the equality currency, they would soon spend the equality currency and would not trust the equality currency very much.

After a few days after the equality coin was circulated, merchants suddenly found that the weight of the equality coin with a rated face value was the same, and the error was very small, so merchants gave up weighing the equality coin.

After one month of circulation of equal currency, merchants found that equal currency was too convenient. When using silver in the past, they had to weigh it back and forth, and verify the authenticity of the silver. However, they didn’t have to worry about the equal currency. They could use it as long as they saw clearly the face value of equal currency and whether it was damaged, which greatly saved transaction time.

It is convenient for merchants and customers. Everyone feels that this equal coin is convenient, so more and more people go to the People's Bank of China to exchange silver for equal coin.

However, most people have not exchanged all the money in their homes into equal coins, and only exchanged a portion of the equal coins for daily use. Although they use equal coins for convenience now and have some trust in equal coins in their hearts, the equal coins have appeared too short and it takes longer to make the people trust the equal coins more.

Before and after the People's Army issued the equal currency, it spread the coin regulations formulated so that everyone can know and understand the rules for using equal currency as much as possible:

Everyone can exchange gold, silver and copper coins for equal coins. When using equal coins, no one is allowed to refuse;

If there is a slight damage to the equal currency, it will not affect the value of the equal currency and can be used normally. If there is a major damage to the equal currency, you can refuse to accept it;

Anyone who maliciously damages equality coins will be severely punished once they are discovered. If anyone who maliciously destroys equality coins, the whistleblower will be rewarded...

Under strict regulations, no one dares to blatantly hinder the circulation of equal coins. On the surface, no one dares to damage equal coins, but someone may be wiping wool secretly.

For example, if you use it gently scrape it on the side of the equal coin and scrape off the silver powder. Only once will it cause little damage to the equal coin. You can continue to use it. Scrape a few more equal coin. If you accumulate more silver powder, you can melt it into silver ingots and go to the People's Bank of China to exchange it for equal coin.

This kind of behavior is a crime, and once caught, it will definitely be severely punished. However, it is very difficult to find such things. Even friends cannot do them together. They usually do them by themselves, or by a couple, father and son, and brother.

Once the damage caused by the equality currency is too great and cannot be used outside, you can only go to the People's Bank of China to exchange for complete equality currency. The People's Bank of China will exchange it for equality currency with a face value of 90% according to the damage of the equality currency.

With legal guarantees, the circulation of equal coins is very smooth. More than four months have passed, and when residents of Guangzhou City need to use more than 100 copper coins, they basically use equal coins to facilitate themselves and others.

There are more people using equal coins, and more equal coins are exchanged from the People's Bank of China. Fortunately, the mint has been minting equal coins, and the People's Army has a lot of silver, and there are also silver obtained from exchange for equal coins. There is no need to worry about not having equal coins for the people to exchange.

Expand the scope to the entire People's Army ruling area. Basically, equal coins are used more commonly in municipal cities. When it comes to county towns, the frequency of equal coins will decrease a little, and outside cities, the frequency of equal coins will continue to decrease.

As time goes by, it is inevitable that equal coins will replace silver.

At present, the equal coins issued by the People's Bank of China are only one yuan, five cents and one cents, and the mint is constantly minting four copper coins, one cents, five cents and one cents.

Fang Nan has made a decision to launch five-cent and one-cent copper coins on the first day of December, and will launch five-cent and one-cent copper coins in June next year.

The smaller the face value, the higher the frequency of using coins. Whether it is the People's Army or the Ming Dynasty, the most common people use copper coins.

People have already developed some trust in equal coins. In this case, if the People's Bank of China wants to issue five cents and one cent copper coins, it must have sufficient reserves, otherwise it will be exchanged for the people soon. As for the five cents and one cent copper coins to issue, it must prepare more.

The issuance of equal coins is a good thing for the People's Army. The circulation of equal coins is conducive to commercial trade. The People's Army controls the economy by controlling equal coins. However, the greater benefit at present is that the benefits obtained by the People's Army when minting equal coins are vain, which is almost one-tenth of the money.

Equal coins affect everyone under the rule of the People's Army, while glass mirrors and transparent glass only affect middle-aged and upper-class families. After owning their own land, the people are considered "rich" and wear new clothes, buy some meat, and repair houses. However, most ordinary people are not as luxurious as buying a mirror, even if a glass mirror the size of a palm only has one cent of equal coins.

Ordinary people need to grit their teeth to buy a glass mirror the size of a palm, and many of them still need to be used as a dowry for their daughter.

It is easier for medium-sized people to buy a palm-sized glass mirror. They will only be very hesitant when buying a larger glass mirror. A few yuan to dozens of yuan equal coins are not a small amount of money no matter how you look at it.

For wealthy families with a net worth of over 10,000 equal coins, it doesn’t matter if they buy a glass mirror with the largest size at once. They also buy some transparent glass to install it on their doors and windows. With glass windows, even if they don’t look at the windows, the house will be very bright. When winter comes, the transparent glass will truly show its power.

Glass mirrors have become a topic of discussion among some people. Instead of talking about the glass mirrors they bought at home, they talked about the sales of glass mirrors in the Ming Dynasty ruled region.

"A glass mirror the size of a palm is sold there and can be sold for six or seven taels of silver. The price has increased dozens of times. Those merchants make a lot of money."

"Why can't we sell glass mirrors there? What a great opportunity to make money."

"Don't think about it. Our identities are not qualified to get involved in the glass mirror business. Those merchants who take the glass mirror there are not simple, with wealth and backgrounds there, which means they can open up the trade route and sell the glass mirror there."

"I heard that someone bought a glass mirror and was going to walk there. If you walk successfully, you can earn at least hundreds of taels of silver, but if you fail, you will lose your life."

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