MING: Hong Zhi, 1488-1505, AE cash (4.23g), H-20.126, shui guan tong bao written in barbarous script, Fine, ex Dr. Dirk Löer Collection. During the Hongzhi period from 1488 until 1505 some Tribal Commissioners in the province of Guizhou issued their own cash coins, rather than being bases on reign titles the inscriptions were based on place names.
Estimate: 50-75 USD