According to the national monetary regulations 19 14, an ocean contains 64 cents of pure silver, about 23.9 grams of pure silver. According to the current silver price, it is probably worth 120 yuan.
According to Meng Tianpei and Gambo's "Prices, Wages and Living Standards in Beijing in Twenty-five Years", one ocean can buy 60 Jin of rice, which is about 150- 180 yuan now.
1on March 8, 933, the Ministry of Finance of the National Government promulgated the Regulations on the Foundry of Silver-based Currency, which determined that the total weight of each silver dollar was 26. 1g, with 89% silver and 23.49448g pure silver. In the same month, "Zhongshan Founding Commemorative Coin" was used to cast silver coins. Because of the sailing pattern on the back, it is also called "Ship Ocean".
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Silver dollar, commonly known as "foreign money", "foreign money" or "lace money", originated in Europe in the15th century and is the main currency of silver-based countries.
About the Wanli period of the Ming Dynasty (1573-1620), silver dollars flowed into China. In the 58th year of Qing Qianlong (1793), the Qing government first minted "Qianlong Treasure" silver coins in Tibet. During the Daoguang period (182 1 year-1850), there were also copied silver coins in Taiwan Province Province and Fujian Province, which were called silver cakes.
In the 16th year of Guangxu (1890), the Qing court began to officially cast the silver dollar "Guangxu Yuanbao" (that is, Yang Long), and many provinces followed suit. After the establishment of the silver-based currency system in the Republic of China, the silver dollar was also used as the main currency. Silver dollar is one of the important currencies in modern coin collection.
Baidu encyclopedia-silver dollar