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V20 2017 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 20, Number 41, October 8, 2017, Article 18

TRAVEL QUIZ: QUART AND LI

Regarding our recent TRAVEL QUIZ, Martin Purdy writes:

Quart was a denomination used in the British territory of Gibraltar, based on the Spanish Cuarto as I understand it (examples can be found with a quick Google image search).

Li was a denomination in the Japanese puppet state of Manchukuo in the 1930s-40s (1/10 fen, equivalent to the Japanese "rin" or 1/10 sen - the same base Chinese character, even if the values weren't quite the same, anyway).

Thanks! I forwarded Martin's note to Quizmaster Pablo Hoffman, whose comments are below. -Editor

With a cue from Martin’s comments, I was able to find the following, edited from Wikipedia. He is right on both denominations. Many thanks, Martin!

QUART In 1741, [in Gibraltar] the following rates of exchange were established: 2 blancas = 1 maravedi, 4 maravedíes = 1 quarto or quart, 16 quartos = 1 real de vellón, 8 reales de vellón = 1 peso sencillo ("current" dollar), 10 reales de vellón = 1 peso fuerte ("hard" dollar, also known as the Spanish dollar). [ . . . ] Much of the currency in circulation was in the form of copper coins, since the low value of silver coins relative to billon lead [ sic ] to most silver being exported from Gibraltar to Spain. Copper merchants' tokens denominated in quarts were issued between 1802 and 1820.

LI Due to worldwide fluctuations in the price of silver during the 1930s, Manchukuo took the yuan off the silver standard in 1935 and subsequently pegged the yuan to, and later reached approximate exchange parity with, the Japanese yen. [ . . . ] Throughout this period about half the value of the issued notes was backed by specie reserves. The notes issued were in five denominations, one hundred, ten, five and one yuan and five chiao (one-half yuan) [. . . ] The Yuan was subdivided into 10 chiao (?), 100 fen (?) or 1000 li (?). Coins were issued in denominations of 5 li up to 10 fen.

Manchukuo 5-fen fibre coin
Manchukuo 5-fen fibre coin (= 50 li)

To read the earlier E-Sylum article, see:
TRAVEL QUIZ REVIEW (http://www.coinbooks.org/v20/esylum_v20n40a24.html)

Stacks-Bowers E-Sylum ad 2017-10-08


Wayne Homren, Editor

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