China - Ancient,WESTERN HAN: Han Wudi, 141-87 BC, lead 500 zhu (22.7g), Horse type of bai jin san ping, image of a horse with head upright, chest high, with three legs on the ground and one hoof raised, full of vigor and imposing momentum which represented the square earth, graded Genuine by GBCA Grading Company, Fine, ex Dr. Dirk Löer Collection. The "Bai Jin San Pin" (White metal three kinds), according to the Records of the Grand Historian, was introduced in 119 BC during the reign of Emperor Wu as both the Han-Xiongnu War and the territorial expansion of the Han Empire caused the imperial government to desperately increase their revenues. Among the reasons why the government started issuing this new type of currency was to remedy the inflation caused by the excessive issuance of bad money, but the Bai Jin San Pin would prove to be an insufficient solution. The Records of the Grand Historian claim that the new "Bai Jin" (white metal) money was a mixture of silver and tin. The term San Pin refers to the fact that it was a series of three coins with different denominations: Dragon 3000 cash coins, Horse 500 cash coins and Tortoise 300 cash coins.
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