TERENGGANU JOKOH (PRIVATE MONETARY TOKENS)
Terengganu Private Monetary Tokens The Tin Jokoh
Rarity:RR
Small change was usually hard to come by. With the permission of the Sultan, the Chinese Kapitans (Chinese headman) started to issue monetary tokens which were called Jokoh around 1877 for use in their gambling dens and areas under their jurisdiction. These Jokoh were also legal tender in the capital and nearby areas. The acceptance of these Jokoh by the general public depended upon widespread confidence in the ability of the issuers to redeem them with silver Dollars when required.
The Jokoh were made of tin or pewter and were based on the familiar cash coins of China; a circular coin with a square central hole. The word Jokoh is derived from the Malay word "Jongkong" which refers to a hollowed out boat but in this context refered to the central hole in the Jokoh. Some of the Jokoh imitate the words found on the Chinese cash. The Jokoh also had Jawi inscriptions on them so as to enable the Malays to recognize the issuer. Some of the Jokoh have a thin wire or other metal impressed in the flan while others occur with several countermarks. This was inserted by the issuer to prevent forgery.
Obverse: In Chinese " Guan Lee Kongsi"
(Guan Lee Company)
Reverse: In Chinese "Loke Kwan Thung Pao"
(Currency of Loke Kwan)
Edge: Plain.
Weight: 7.60gm
Diameter: 33.00mm
Composition: Tin.
Shape: Round with square central hole.
Rarity: RR
According to Hugh Clifford, the official rate of exchange of the Jokoh in 1895 was as follows:
1 Jokoh = 2. 1/2 Cents
1 Jokoh = 24 Keping
5 Jokoh = 1 Kupang (gold)
20 Jokoh = 1 Mas (gold)
40 Jokoh = 1 Spanish or Mexican Dollar (100 Cents)
The System of farming out opium and gambling rights to the highest bidder was abolished by the Government in 1919. Without the gambling dens, the Chinese Kapitans ceased to issue their private issue of Jokoh.
Source: Saran Singh.
Rarity:RR
Small change was usually hard to come by. With the permission of the Sultan, the Chinese Kapitans (Chinese headman) started to issue monetary tokens which were called Jokoh around 1877 for use in their gambling dens and areas under their jurisdiction. These Jokoh were also legal tender in the capital and nearby areas. The acceptance of these Jokoh by the general public depended upon widespread confidence in the ability of the issuers to redeem them with silver Dollars when required.
The Jokoh were made of tin or pewter and were based on the familiar cash coins of China; a circular coin with a square central hole. The word Jokoh is derived from the Malay word "Jongkong" which refers to a hollowed out boat but in this context refered to the central hole in the Jokoh. Some of the Jokoh imitate the words found on the Chinese cash. The Jokoh also had Jawi inscriptions on them so as to enable the Malays to recognize the issuer. Some of the Jokoh have a thin wire or other metal impressed in the flan while others occur with several countermarks. This was inserted by the issuer to prevent forgery.
Obverse: In Chinese " Guan Lee Kongsi"
(Guan Lee Company)
(Currency of Loke Kwan)
Weight: 7.60gm
Diameter: 33.00mm
Composition: Tin.
Shape: Round with square central hole.
Rarity: RR
According to Hugh Clifford, the official rate of exchange of the Jokoh in 1895 was as follows:
1 Jokoh = 2. 1/2 Cents
1 Jokoh = 24 Keping
5 Jokoh = 1 Kupang (gold)
20 Jokoh = 1 Mas (gold)
40 Jokoh = 1 Spanish or Mexican Dollar (100 Cents)
The System of farming out opium and gambling rights to the highest bidder was abolished by the Government in 1919. Without the gambling dens, the Chinese Kapitans ceased to issue their private issue of Jokoh.
Source: Saran Singh.
0 comments:
Post a Comment