The full name of Customs Gold coupon is "total exchange of Customs Gold Unit". It is called guanjin for short. In January 1930, the Nanjing national government stipulated that the customs import duty should be replaced by the gold unit, which was worth 0.601866 grams of pure gold, equal to 0.4 US dollars, 19.7265 pence and 0.8025 yen. However, the actual taxation does not accept the gold coins of various countries, but the taxpayers pay the customs coupons. After April 1942, the guanjin certificate was put into circulation, and the ratio of guanjin to legal currency was 1. Guanjin was equivalent to legal currency 20 yuan. After the issuance of golden yuan coupons in August 1948, the golden yuan coupons were stopped. One yuan, five yuan and ten yuan coupons have three kinds of signatures, 10 Fen and 20 Fen coupons have two kinds of signatures, and they are printed on both sides of the front and back.
They are issued by American banknote company, denaro company, American security company, British Waldorf company, Daye printing company, Shanghai factory of Dadong book company and Zhonghua Book Company. They should be an independent system. Customs Gold coupon is the abbreviation of "Customs Gold unit exchange coupon", which is the unit of tax collection of the Chinese customs during the reign of the Kuomintang. At the beginning of the issuance of the voucher, the front is the image of Sun Yat Sen, the father of China, with the words of place name and "pay on demand" printed on the front, and the back is the Shanghai customs building, all of which are straight. In April 1942, the Ministry of finance of the national government stipulated that one yuan of guanjin should be converted into 20 yuan of legal currency, which should be circulated in parallel with legal currency. To a certain extent, it was the national government's disguised issuance of large banknotes, and the use of guanjin coupons as a real paper currency.
On August 19, 1948, the Kuomintang government issued an "emergency financial and economic sanction order" to carry out the so-called "currency reform". It announced the abolition of legal money and Customs Gold coupons, the issuance of gold yuan coupons, and the exchange of 1 gold yuan coupons for 150000 Customs Gold coupons. On November 21 of the same year, the receipt was stopped, and the coupon was officially invalid, with a total circulation of 17.5 years.
The original purpose of issuing customs coupons is only to facilitate the importers to pay taxes, and they are not circulated in the market. Because they are directly linked with foreign currencies, the value of the currency is relatively stable. In April 1942, the Ministry of finance of the government of the Republic of China stipulated that one yuan of Customs bonds should be converted into 20 yuan of legal currency, which should be circulated in parallel with legal currency. To a certain extent, the government of the Republic of China issued more banknotes in disguised form, which turned the banknotes into real banknotes.
In recent two years, due to the popularity of the collection market, the number of collectors reached more than 140 million according to the general statistics in 2019. Among the popular collections, there is the most space for value-added collection. In the popular collections, there is a kind of paper money that has become the focus of collectors, that is, the guanjinquan in the period of the Republic of China, Collectors with business acumen and vision have put their eyes on Guan Jinquan. Today, Guan Jinquan is still Guan Jinquan of that year, but its value has increased dozens of times.
In 2018, according to the relevant auction data query, guanjin securities was favored by the market, and its value increased greatly from thousands in the past to hundreds of thousands today. Due to the rapid value-added speed, there was a lot of market hype, and there was no return to rationality, resulting in a substantial rebound. Some coin players made a lot of money. Experts say that they are some senior collectors, It has a rather sinister vision and has a very accurate control over the market. It caters to the market and can be sold to other people. Each one can be sold to tens of thousands of yuan. According to a brand-new bill that failed to pass the auction by Hong Kong coin auction company in 2018, it can be sold to 300000 yuan. In 2017, an American coin auction company auctioned to 600000 yuan. Therefore, the gold coupon is also a black horse in the market, and the complete set of products in good condition is really rare, so it has a high collection value and appreciation space.