
Wolfgang Bertsch《A Study of Tibetan Paper Money》vs《The Currency of Tibet》vs 《The Paper Currency of Tibet》
《A Study of Tibetan Paper Money: With a Critical Bibliography》 is...A classic academic work published in 1997, this book is an important document for the study of modern Tibetan monetary history and the technology of papermaking and printing.
Core Content and Research Value
- Historical Background: This section provides a detailed overview of the political and economic context of the Tibetan local government's issuance of paper currency between 1912/1913 and 1959.
- Monetary System: An in-depth analysis of the two major denomination systems of Tibetan paper money, namely the early "Tam" and the later "Srang".
- Craftsmanship and Aesthetics: This work documents the evolution from early hand-printed woodblock printing (using natural pigments such as dark blue and cinnabar) to later machine printing, and explores the unique cultural tradition of hand-filling out numbers by trained calligraphers.
- Literature Review: The accompanying "Critical Bibliography" extensively collects and reviews relevant numismatic and non-numerical literature from the Western and Tibetological communities, making it a valuable academic reference.

Wolfgang Bertsch
Wolfgang Bertsch (born in Wiesbaden, Germany in 1943) is a renowned numismatist and expert on Tibetan currency. He graduated from the Department of German and French Literature at the University of Frankfurt. During his stay in Kathmandu, Nepal from 1974 to 1975, he developed a strong interest in Tibetan coins, banknotes, seals, and military insignia. Over the following decades, he made several in-depth studies of Tibetan monetary history in the Himalayas, building a highly valuable private collection and compiling the official catalog for the Nicholas Rhodes Tibetan coin collection held by the British Museum.
《The Currency of Tibet》

Key reading recommendations
If you are interested in art and the evolution from early hand-printed woodblock printing (using natural pigments such as dark blue and cinnabar) to later machine printing and the technology of papermaking, please choose 《A Study of Tibetan Paper Money: With a Critical Bibliography》 from 1997.
If you would like to learn about the overall history of Tibetan currency, including the evolution of gold, silver, and copper coins, please choose 《The Currency of Tibet 》 from 2002.
If you want to collect, authenticate, and study different versions and market values of Tibetan banknotes, please choose 《The Paper Currency of Tibet》 from 2012, which is currently the most authoritative reference book in this field.
《The Paper Currency of Tibet 》
German numismatist Wolfgang Bertsch has authored several academic works on Tibetan currency and paper money. "The Paper Currency of Tibet", "A Study of Tibetan Paper Money" and "The Currency of Tibet"
Books for Tibetan Currency Study
by Wolfgang
Library Archival Treasures
August 2026 Highlight
《A Study of Tibetan Paper Money:
With a Critical Bibliography》
《The Currency of Tibet: A Sourcebook for the Study of Tibetan Coins, Paper Money and Other Forms of Currency》is an academic reference book published in 2002 by the Library of Tibetan Works and Archives. It is a core document for the study of Tibetan economic history and monetary culture.
Content Overview
This book is an authoritative collection of documents exploring Tibet's traditional monetary system, providing a systematic research guide for historians, anthropologists, and coin collectors.
- Comprehensive Introduction: This book provides a detailed overview of the evolution and conversion relationships of coins (such as Tangka and Zhangga), paper money (such as Sang and Tam), and other early commodity currencies in Tibetan history.
- Abundant illustrations: The book includes numerous illustrations of precious Tibetan banknotes and historical coins, and provides in-depth explanations of their design, Tibetan script, and issuance background.
- Compilation of Historical Documents: The author extensively collected and excerpted many rare early Western non-monetary travelogues, research reports, and historical documents on Tibet, compiling the fragments that mentioned Tibetan finance and banking into a book, solving the pain point of the academic community's inability to obtain first-hand and scarce historical materials in the past.
《The Paper Currency of Tibet 》is a professional book published in 2012.
Content Overview
This book is an authoritative reference for studying the paper money issued by the Tibetan local government between 1912/13 and 1959. It explores in detail the early "Tam" series of paper money, the printing techniques, anti-counterfeiting designs, and historical background of Tibetan paper money, and provides scholars and collectors with rich illustrations and professional document classifications. This book provides a detailed record of the history, printing techniques, and artistic design of Tibetan banknotes issued between 1912/13 and 1959, and includes an estimated value catalog of different versions of the banknotes.

Their main differences lie in the scope of research (whether or not coins are included), the depth of content (whether or not a catalog and valuation are included), and the evolution of their publication years.