"In order to solve the shortcomings of the court's silver settlement, the Royal Bank of the Song Dynasty is preparing to issue silver coins. One yuan of silver coins is worth a hundred cents."

As the news of the issuance of silver coins was published in the Di newspaper, it immediately spread throughout Kaifeng City.

"Silver coins! One yuan of silver coins can be exchanged for a hundred copper coins."

When the merchants in Kaifeng saw this Di Bao, they couldn't help but frown. Isn't this another official publication issued by the imperial court?

Having learned from the past experience of the imperial court's excessive issuance of official jiaozi, the people of Kaifeng were still frightened. You must know that the value of official jiaozi at that time was greatly depreciated, but many people lost all their money.

"One silver dollar, nine silver and one copper, can be exchanged for a hundred copper coins at the Royal Bank at any time."

As more and more news came, many people were slightly excited. What the court discovered this time was not paper money, but real silver coins. Ninety percent of the silver coins were enough to guarantee the value of the silver coins.

"Doctors have declared that in the future, major hospitals will only accept silver coins and copper coins for medical treatment, and will no longer accept broken silver!"

Immediately, the doctor took the initiative to announce that he would charge silver coins, which immediately gave the silver coins a bit more credibility. At least the silver coins could be used to treat doctors.

With doctors taking the lead and the Royal Bank's credibility, many industries have also announced to receive silver coins.

"Nine silver and one copper, doesn't it mean that the court earns us 10% of the silver for every silver coin." There are also businessmen who are very dissatisfied because they have to compare the baht with each other.

Others persuaded: "It has been publicly explained in the Di newspaper that pure silver is too soft, so copper needs to be added to increase the hardness and reduce wear. Moreover, copper is also money, and the court also needs to spend money to cast silver coins. As long as one yuan of silver coins can be made in The Royal Bank exchanged it for a hundred copper coins, and there was no difference between it and pure silver.”

Fan Zheng did not hide the composition of nine silver coins and one copper. He directly explained publicly that silver was indeed very soft and easy to wear and tear, which was a recognized fact. The court would still need to bear the problem of wear and tear in the future. He believed that the people of the Song Dynasty would definitely be able to accept.

Sure enough, as the first batch of silver coins was put into Kaifeng City and began to circulate slightly, the convenience of silver coins began to appear, and they were quickly sought after by the people of Kaifeng.

"Shopkeeper! Check out!"

In a restaurant, Fan Zheng accompanied Zhao Xu out of the palace to observe the people's reaction to the silver coins. After having a good meal and wine, Fan Zheng shouted.

At that moment, the owner of the restaurant came to the two of them. While making calculations, he said: "Several distinguished guests, please take care of the business, a total of three hundred and eighty yuan!"

"Three hundred and eighty cents!"

Fan Zheng sighed slightly. It was not easy to live in Kaifeng city. One meal cost 380 Wen.

"Can the store accept silver coins?" Zhao Xu asked with interest, stretched out his hand, took out four silver coins and placed them on the table.

"Take it! Of course I'll take it! The imperial court issued new silver coins of new quality, and each one can be exchanged for a hundred coins! It's much easier to use than broken silver." The restaurant owner nodded repeatedly.

Kaifeng City has prosperous commerce and frequent transactions. However, many merchants suffer from the cumbersome exchange of silver and copper coins! The fineness and weight of broken silver are quite controversial. It is extremely difficult to find money for one or two weights of silver. The emergence of one-yuan silver coins can explain the urgent need of merchants.

At that moment, the merchant took the silver dollar, blew it gently, and put it in his ear, and a pleasant sound came out.

"Why is this?" Zhao Xu asked in confusion upon seeing this.

Fan Zheng explained: "Brother Zhao doesn't know something. This is the way to prove the authenticity of silver coins. Silver is malleable. When you blow it gently, it will make a pleasant sound for a long time, but fake silver has no such sound."

"That's true!"

Upon seeing this, Zhao Xu picked up a silver coin and blew it hard, putting it to his ear. Sure enough, there was a pleasant vibration sound that slowly disappeared after a long time.

"This young man is so knowledgeable! This is why silver coins are so popular. Not only are they beautifully made, but they are also easy to distinguish between genuine and fake. They are so valuable that they don't need to be valued. It's much more convenient than before!" praised the restaurant owner.

He runs a restaurant business, and because of the fineness and valuation of the broken silver, he often gets into arguments with his customers, and most of the time he has to suffer losses himself. Now that he has silver coins with a certain value, disputes over broken silver are greatly reduced, and it is even more difficult to get change at settlement. Convenience.

Zhao Xu took the recovered 20 copper coins from the shopkeeper and was immediately surprised. He had lived in the palace for a long time and had never used money. This was the first time he used silver coins.

Next, Fan Zheng and Zhao Xu took the silver coins and went shopping in Kaifeng City. As expected, the silver coins were very popular wherever they went.

"Congratulations, Your Majesty, the issuance of silver coins has been a great success!" Fan Zheng said solemnly.

The silver dollar itself is valuable, and its fineness and value are fixed, making it easy to distinguish between true and false. It was a great success once launched.

Zhao Xu was overjoyed and said: "If you pass the order, the Coin Mining Supervisor will do its best to mint silver coins. From now on, all military salaries and official salaries will be issued with silver coins."

The silver coin had just been issued. In order to avoid instability in the court, Zhao Xu only tried it among the people. Now that the response from the people has been great, Zhao Xu took advantage of the trend and promoted it in the court. He will definitely promote the silver coin throughout the Song Dynasty in one fell swoop.

"The officials are wise!"

Fan Zheng complimented.

..............................

With the implementation of silver coins in the army and court, the amount of silver coins required will increase dramatically. At the same time, it will be widely accepted by the people all over the world, and the silver coins stored by the government will soon be exhausted.

"Lord Fan, the Money Making Supervisor has no money left." Soon, the Money Making Supervisor came to report.

When the money-making supervisor said there was no silver, it was not that there was no money to spend, but that there was no silver taels to mint into silver dollars.

Fan Zheng nodded and said: "It's time for Feiqian's business to come into play.

"The fee for flying money is capped at a hundred cents!"

As another news came, the Royal Bank of the Song Dynasty once again attracted much attention.

"A hundred cents!"

Many merchants were excited. Kaifeng City was the center of the world, and money was flowing in and out every day. Money in this era was all metal currency, which was extremely heavy and very inconvenient to transport. Many business travelers had no choice but to use flying money from the imperial court. For business, the court charges a handling fee of 2%.

If it's less, it's okay to say that it would be much more convenient to pay a little money. If it's a large-amount transaction, a fee of 10 guan will be charged for 50 guan, and a fee of 10 guan will be charged for 500 guan. This makes all the elites The scheming merchant felt distressed.

Now that Fan Zheng has just taken charge of the Royal Bank, he directly capped the Feiqian business at a hundred cents, which immediately made the world's merchants and wanderers ecstatic.

"I'm going to send some money!"

At present, merchants are flocking to the Royal Bank, and the flying money business has increased instantly. Whenever Kaifeng merchants need money, they all choose the safe and fast flying money business to transport money.

"Master Fan is wise! The Fei Qian business is capped at a hundred cents, and the fees earned by the Royal Bank are increasing instead of decreasing." The official of Fei Qian Supervisor said with admiration. Although the Fei Qian fee is capped at a hundred cents, it can't handle the large number of users. On the contrary, the income is much higher than before.

Fan Zheng suddenly smiled proudly.

The cost of Feiqian has been greatly reduced. Not only has the fee charged by the Royal Bank increased, but it has also directly promoted the development of private commerce. After all, the more Feiqian is used, the more frequent commerce is, and the economic stimulation it can bring is far from this. The cost of flying money is relatively low.

As the flying money business exploded, a large amount of silver was sent to the Royal Bank of the Song Dynasty, and was immediately minted into silver coins by the coin minting supervisor and put into circulation in the market.

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