The mint was soon established, and the address was chosen next to the Royal Military Factory of the Ming Dynasty, and it was also placed outside the city. It is indeed a certain risk to place it outside the city. Once a military disaster occurs, it is easy to be impacted.

But Zhu Youxiao was not worried about this problem. If the wild boar skin and some bandit soldiers were brought to the city, it would basically be the rhythm of the country being destroyed, so there was no need to pay too much attention to these things.

If it continues to develop at the current pace, the possibility is very small.

The land outside the city is large enough, and the industries gather together can generate a lot of convenience. Yang Guorui has recruited thousands of craftsmen, and when the casting mold is ready, he can mint coins in full.

What does silver dollars look like? This question needs to be carefully considered.

If the people want to accept silver dollars, the most important thing is the word convenience. Only when the people feel it is convenient will the people be happy to accept silver dollars.

Therefore, the weight of silver dollars is also very important.

The mainstream silver dollar in the Qing Dynasty was 7 cents and 2 cents, which was basically the weight of silver dollar for Westerners. In the late Qing Dynasty, the Qing government had not cast one or two copper coins. Zhang Zhidong tried to produce one or two silver dollars in Hubei. After the launch, because the exchange of copper coins and copper coins was not five or two, the people felt troublesome, so they were not popular, so they only cast a batch and stopped production.

Now that Zhu Youxiao wants to mint silver dollars, he naturally also needs to consider the exchange model with copper coins and large coins.

Nowadays, the exchange rate of copper coins for silver in the Ming Dynasty is 1:600. Because the Japanese copper mine was just discovered during this period, China is still in a relatively shortage of copper.

Since this is the case, if you want to exchange it for easy exchange, it is best to exchange 1 silver dollar for 500 copper coins. If you convert it this way, the weight of the silver dollar should be 8 cents and 3 cents.

Large coins are cast into copper coins, a small copper coins are exchanged for 5 copper coins, and a large copper coins are exchanged for 10 copper coins, which is somewhat similar to the 5 yuan and 10 yuan in later generations.

This will form a exchange system of 1 silver dollar = 50 large copper dollar = 100 small copper dollar = 500 text copper coins, which is more convenient for ordinary people to use.

After determining the weight of the silver dollar, Zhu Youxiao designed a casting pattern. The front is the four big characters "Tianqi Yuanbao", which are distributed up and down, left and right, and a ball of flame in the middle symbolizes the virtue of the Great Bright Fire. The outer periphery of the silver dollar is "Made in the Royal Bank of the Ming Dynasty", and the lower is "Kuping Eight Centres and Three Fen".

On the top of the back is the ‘First Year of the Great Ming Tianqi’, and on the bottom is surrounded by a dragon, with four large characters printed in the middle - the new king succeeding the throne.

As for the way to print the avatar, Zhu Youxiao felt it was too unreliable. After all, the image on the silver dollar cannot be too realistic, and it can only be said to be like a spirit. In this way, how can he portray his handsome and elegant image? Since he can't do it, just engrave a few more words on it and carve the most representative regime activities of that year.

Next year, in the second year of the Apocalypse, choose a representative central event to engrave it on it, so that the silver dollar can be a simple record table.

As for the avatar, when printing banknotes in the future, print them on the banknotes, which will be much more realistic.

After Zhu Youxiao's personal design, the silver dollar was soon designed. The mold of Tianqi Yuanbao began to be created. Tianqi Yuanbao weighed eight cents and three cents, and the purity was 9 silver and 1 copper.

This means that 1,000 taels of silver can be minted 1,204 silver dollars. One tenth of the profit of precious metals can generate a profit of 121 yuan, of which 1 silver dollar can pay the cost of craftsmen and the copper materials used. 1,000 taels of silver can have a profit of 120 yuan.

Just minting 100 million taels of silver dollars can get a profit of 12 million silver dollars.

The profit of casting copper coins is also very high. A hundred kilograms of copper can cast 16,000 copper coins, and the profit reaches 100%. If minting 100 million copper coins, it can make a profit of 75,000 taels of silver, equivalent to 90,000 silver dollars.

It is relatively possible that the population reached 200 million in the late Ming Dynasty. Each person needs 100 cents to calculate, and it can be digested if it prints 20 billion cents.

There are also small copper coins (worth 5 cents), which are three times the weight of ordinary copper coins. Small copper coins cast by 100 kilograms of copper are worth 44.4 taels, with a net profit of 32 taels, equivalent to 38.5 silver dollars. If you cast 100 million small copper coins, you can earn 240,000 yuan.

The profit of large copper coins is higher, with a weight of 5 times equal to 10 cents. A hundred kilograms of copper can generate a net profit of 49.7 yuan. If minting 100 million large copper coins, you can make a profit of 310,000 yuan.

Of course, the problem is the lack of copper.

But this problem is not a big problem in Zhu Youxiao's opinion. You can mine copper! Can't mining copper mines create jobs?

food?

This is easy to deal with. After having money, you can build a ship, and when you have a ship, you can transport grain from sea to the north. At the same time, you can repair water conservancy in the north and increase grain production. And through the adjustment of the food supply service for the people, the grain purchase price will be kept stable. In this way, farmers will not abandon their land because they do not make money.

The agricultural problems in the Ming Dynasty are related to the prosperous economy during the previous 20 years. In the past twenty years, the commodity economy of the Ming Dynasty entered an extremely flooding stage. There were many people farming at this stage, but the prices of agricultural products could not be sold. The commodities produced in urban workshops and factories impacted the rural natural economy. The people could not live a natural life in the countryside, and thus abandoned a large number of wasteland and entered the city to work.

Farmers abandon their land and work in cities, which has caused the water conservancy on many lands to be lost and abandoned. Another reason for abandoning is that the population continues to reproduce, resulting in less and less land in the hands of ordinary farmers, so a little output cannot support their lives.

Now Zhu Youxiao has allocated 30 acres of land to each farmer by building a royal village. There are enough means of production to produce enough labor results for your family. Another is to stabilize the purchase price of grain through the food service for the people and stabilize the people.

Only stability can create wealth, and turmoil will cause losses.

The Royal Mining Company was then established and explored and mined copper mines everywhere. The Royal Mining Company's technology was introduced from private mines. Anyway, as long as the technology is not behind private capital, it can be gradually improved in the future. In terms of mining costs, it can be lower than private capital, because Zhu Youxiao can send labor reform prisoners to mine without any wages at all, just take care of food.

In terms of coin minting, the main currency is the most profitable. The auxiliary currency has a certain market capacity, which will be saturated if it is better.

"Before the end of next year, you can make as much silver dollars as you can get. 5 billion copper coins are cast, 1 billion copper coins are cast, and 500 million copper coins are cast." Zhu You proofreaded Yang Guorui and issued a production indicator, "As for copper materials, whether they are mined by themselves or bought."

Because of the lack of copper, Zhu Youxiao cannot cast too much in one breath, and the minted currency must have a market digestion process. Too much in one breath will lead to "indigestion".

"Yes, the emperor." After receiving the order, Yang Guorui asked: "Master, can you cooperate with private merchants to participate in the exchange of silver dollars. For example, when they transport 1,000 taels of silver, we will give them twenty silver dollars."

"No, as long as the court requires the use of silver dollars and the convenience of silver dollars, we can use the bank to exchange it, and in the end most of the silver will be turned into silver dollars. There is no need for private merchants to make money." Zhu Youxiao was naturally unwilling to do so. He felt sorry for the more profits, and the less they were not very effective.
Chapter completed!