Ancient Bill

Ancient people has a full set of anti-fake skills. People do not use bank note but bill exchange.

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With this bill, Lord Xu can withdraw 500 taels. Mainly silver. People need to carry silver to do business outside hometown . On the way transferring the silver to destiny, the silver usually all be robbed. In Qing AD 1821, Pingyao of Shanxi Province, and exchange shop was established, financial institution for deposit and loan business. The first private bank in China. People take remittance fee and would take the exchange bill to deposit silver and then take out silver in another exchange shop. There are as many as 50 branches in China with headquaters in pingyao shanxi.

Bill of exchange. How to guarantee ? Real gold and silver. Not only economy but also reputation.

Seemed. Not once false withdrawl. ? How?

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same as paper. Secrete factory. Hemp paper which has long fibers, rough pulp, tough and texture.

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Silk in it improve its toughness and ductility. After taking the bill, experienced shopkeepers would know.

The no. of bills are strictly controlled.

2. Against sunlight for watermark. Also in Qing.

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Anti-fake effect it good.

3. Special seal. Identify the bills.change regularly, made of rhinoceros horn. Chinese traditional patterns poems and airicles with engraving technique of china

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Not others could forge

Use characters as codes to replace time and quantity of silver.

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All the bills are written by specific person with writing brushes by which the handwriting is known and recognized by every other branch. After confirming the handwriting. The handwriting of one shop is one and only.

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