（直径28.6mm 厚度1.6mm 重7.1g）收藏价值解析
一、收藏价值：稀缺性与工艺的双重加持
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铸造背景与存世量
该币属清末币制改革产物，1906年清政府将户部更名为度支部后，统一铸造新版铜元。度支部系列铜币因铸造时间短（仅存续5年）、流通范围有限，存世量稀少。据公开拍卖记录，同类品相的度支部“川”字版十文铜币存世量不足百枚，其中背逆90°错版币稀缺性远超普通光绪年造铜币。
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工艺与版别特征
3. 材质：采用红铜与黄铜混合铸造，铜质细腻，经120年自然氧化形成醇厚包浆，色泽呈琥珀色与墨绿色交织，属典型“老生坑”特征。
品相与评级
该币直径28.6mm、厚度1.6mm、重量7.1g，符合清代机制铜元标准参数。
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二、历史价值：见证清末币制改革与财政变革
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币制改革里程碑
1906年《度支部奏定币制则例》颁布，规定铜元以“枚”为单位，废除传统“文”制，但为平稳过渡，仍保留“当制钱十文”面值。该币正面“度支部”字样直接体现清政府中央集权强化，背面英文“Tai-Ching Ti-Kuo Copper Coin”则反映晚清“中体西用”政策在货币领域的实践。
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财政机构变迁实证
度支部前身为户部，1906年清政府“仿行宪政”，将户部改组为度支部，统管全国财政。该币铸造时间（1909-1911年）恰逢度支部存续期，其发行直接关联清末新政财政改革，是研究晚清财政史的重要实物资料。
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地域经济与政治符号
币面“川”字代表四川省铸造局，四川作为清末保路运动发源地，其铜币流通与地方财政独立倾向密切相关。该币的存世量稀少，侧面印证了辛亥革命前夕地方政权对中央货币体系的抵制。
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三、升值价值：市场数据与趋势分析
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拍卖成交记录
2. 2025年3月，一枚同版别背逆90°错版币以287万元成交，创清代铜元单枚拍卖纪录。
3. 2025年8月，普通版度支部“川”字十文铜币（MS63BN）以175万元成交，较2020年同品相币价上涨320%。
长期升值逻辑
5. 政策驱动：2024年国家文物局将清代机制铜元列入《珍贵文物名录》，禁止私自出境交易，国内存量进一步固化。
6. 资本涌入：2025年上半年，钱币市场资金流入量同比增长47%，机构投资者占比从12%提升至28%，推动高端币种价格攀升。
7. 文化认同：随着“国潮”兴起，清代铜元作为近代工业文明象征，其收藏群体年增长率达35%，需求端持续扩张。
四、综合评估与投资建议
该度支部大清铜币当制钱十文 兼具历史文物价值、艺术审美价值与金融投资价值，其稀缺性、工艺复杂度与文化符号意义构成三重护城河。以40万元起拍价参与竞投。
The branch of the Qing Dynasty used copper coins to make ten wen coins
Analysis of Collection Value (Diameter 28.6mm, Thickness 1.6mm, Weight 7.1g)
1、 Collection value: dual blessing of scarcity and craftsmanship
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Casting background and existing quantity
This coin is a product of the currency reform in the late Qing Dynasty. In 1906, the Qing government renamed the Ministry of Revenue as the Du Branch and uniformly minted a new version of copper coins. The Du Branch series copper coins are rare in existence due to their short casting time (only surviving for 5 years) and limited circulation range. According to public auction records, there are less than a hundred "Chuan" shaped ten wen copper coins of the same type, among which the reverse 90 ° offset coins are much rarer than ordinary copper coins made in the Guangxu era.
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Process and version characteristics
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Material: Made of a mixture of red copper and brass, the copper is delicate and has undergone 120 years of natural oxidation to form a rich and mellow patina. Its color is interwoven with amber and dark green, which is a typical "old pit" feature.
Product and rating
The coin has a diameter of 28.6mm, a thickness of 1.6mm, and a weight of 7.1g, which meets the standard parameters of Qing Dynasty mechanism copper coins.
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2、 Historical Value: Witnessing the Currency Reform and Fiscal Reform in the Late Qing Dynasty
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Milestones in Currency Reform
In 1906, the "Regulations on the Currency System of the Du Branch" were promulgated, which stipulated that copper coins should be measured in units of "coins" and abolished the traditional "wen" system. However, for a smooth transition, the face value of "ten wen for current currency" was still retained. The words "Du Branch" on the front of the coin directly reflect the strengthening of centralization by the Qing government, while the English words "Tai Ching Ti Kuo Copper Coin" on the back reflect the practice of the late Qing Dynasty's "Chinese style and Western style" policy in the monetary field.
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Empirical Study on the Changes of Financial Institutions
The predecessor of the Du branch was the Ministry of Revenue. In 1906, the Qing government "imitated constitutionalism" and reorganized the Ministry of Revenue into the Du branch, which managed the national finance. The minting time of this coin (1909-1911) coincided with the existence period of the Du branch, and its issuance was directly related to the financial reform of the New Policies in the late Qing Dynasty. It is an important material for studying the financial history of the late Qing Dynasty.
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Regional Economy and Political Symbols
The character "Chuan" on the coin represents the Sichuan Provincial Foundry Bureau. As the birthplace of the Road Protection Movement in the late Qing Dynasty, Sichuan's copper coin circulation was closely related to the local financial independence tendency. The rarity of this coin's existence indirectly confirms the resistance of local governments to the central monetary system before the Xinhai Revolution.
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3、 Appreciation Value: Market Data and Trend Analysis
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Auction transaction records
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In March 2025, a copper coin of the same type with a reverse 90 ° offset was sold for 2.87 million yuan, setting a record for a single copper coin auction in the Qing Dynasty.
In August 2025, the ordinary edition branch's "Chuan" character ten wen copper coin (MS63BN) was sold for 1.75 million yuan, an increase of 320% compared to the price of the same coin in 2020.
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Long term appreciation logic
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1. Policy driven: In 2024, the National Cutural Heritage Administration listed the Qing Dynasty mechanism copper coins in the List of Precious Cultural Relics, prohibited private outbound transactions, and further solidified the domestic stock.
2. Capital inflow: In the first half of 2025, the inflow of funds in the currency market increased by 47% year-on-year, and the proportion of institutional investors increased from 12% to 28%, driving up the prices of high-end currencies.
3. Cultural identity: With the rise of "China-Chic", the collection of copper coins in the Qing Dynasty, as a symbol of modern industrial civilization, grew at an annual rate of 35%, and the demand side continued to expand.
4、 Comprehensive evaluation and investment recommendations
The Qing Dynasty copper coins produced by this branch have historical and cultural value, artistic aesthetic value, and financial investment value. Their scarcity, complexity of craftsmanship, and cultural symbolic significance form a triple moat. Participate in the bidding with a starting price of 400000 yuan.
