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This coin was issued during the reign of Emperor Renzong, the fourth ruler of the Northern Song dynasty. It belongs to the Tiansheng era, which spans the period from 1023 to 1031.
It bears an inscription engraved in regular script (kaishu), a calligraphic style characterised by the clarity of its strokes, the rigour of its structure and the balance of its composition. Particularly valued for its legibility, this script was widely used on the official monetary issues of the Song dynasty.
Emperor Renzong, whose personal name was Zhao Zhen, ascended the throne in 1022 at the age of twelve. During the Tiansheng era, power remained largely exercised by Empress Dowager Liu, who served as de facto regent until her death in 1033. This period was marked by relative internal stability, fostering economic development and the strengthening of administrative institutions.
On the external front, the Song dynasty maintained complex relations with its neighbours. To the north, the peace concluded with the Liao dynasty through the Treaty of Shanyuan in 1005 remained broadly preserved, despite recurring tensions. To the west, the Tangut state of Western Xia gradually increased its power, foreshadowing the conflicts that would shape the following decades.
The imperial administration also faced significant budgetary constraints, notably due to the annual payments made to the Liao. Despite these burdens, the economy continued to prosper through the expansion of trade, urban growth and the dynamism of the craft industries. Bronze coin production remained sustained in order to meet the needs of an ever-increasing monetary circulation, reflecting the economic vitality of the empire in the early years of Renzong's reign.