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Ōban
An Ōban (大判) was a monetary ovoid gold plate, and the largest denomination of Tokugawa coinage Tokugawa coinage was a unitary and independent metallic monetary system established by ''shōgun'' Tokugawa Ieyasu in 1601 in Japan, and which lasted throughout the Tokugawa period until its end in 1867. History The establishment of Tokugawa co .... Tokugawa coinage worked according to a triple monetary standard, using gold, silver and bronze coins, each with their own denominations. The first Oban – Tenshō Ōban (天正大判) – were minted by the Gotō family under the orders of Hideyoshi in 1588.''The Cambridge History of Japan: Early modern Japan'' by John Whitney Hall p.6/ref> The Tenshō Ōban was equivalent to ten Ryō (currency unit), Ryōs, or ten Koban (小判) plates, with a weight of 165 g. Notes References * {{DEFAULTSORT:Oban Coins of Japan Gold coins Modern obsolete currencies Economy of the Edo period Currencies of Japan ...
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Tokugawa Coinage
Tokugawa coinage was a unitary and independent metallic monetary system established by ''shōgun'' Tokugawa Ieyasu in 1601 in Japan, and which lasted throughout the Tokugawa period until its end in 1867. History The establishment of Tokugawa coinage followed a period in which Japan was dependent on Chinese bronze coins for its currency.Metzler p. 15 Tokugawa coinage lasted for more than two centuries, and ended with the events of the Boshin war and the establishment of the Meiji restoration. However, there is an ongoing discussion of the entity of the precious metal coins. It was not a part of Tokugawa bakufu which issued gold and silver coins, but private organizations owned by merchants. The first attempt at a new currency were made by Hideyoshi, who developed the large Ōban plate, also called the Tensho Ōban (天正大判), in 1588. From 1601, Tokugawa coinage was minted in gold, silver, and bronze denominations. The denominations were fixed, but the rates actually f ...
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Koban (coin)
The was a Japanese oval gold coin, cast on the order of Tokugawa Ieyasu in Edo period ('' Keichō'' era) feudal Japan and a part of Tokugawa coinage. History Minting of koban, '' Ōban'' and other coins began in year 1601 (year 5 of the '' Keichō'' era), signifying the beginning of the Tokugawa coinage. The '' Keichō'' era koban was issued with a face value of one ''ryō''. Despite the existence of other gold and silver coins at the time, through a series of reforms the Bakufu managed to stabilize the koban to ''ryō'' 1:1 valuation by the end of the seventeenth century. Nowadays, gold-foil cardboard versions of koban are sold as ''Engimono'' (縁起物, ''talisman/lucky charm'') at Shinto shrines. Foreign trade The Japanese economy before the mid-19th century was based largely on rice. The standard unit of measure was the koku, the amount of rice needed to feed one person for one year. Farmers made their tax payments of rice which eventually made its way into the coffers ...
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Gold
Gold is a chemical element; it has chemical symbol Au (from Latin ) and atomic number 79. In its pure form, it is a brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal, a group 11 element, and one of the noble metals. It is one of the least reactivity (chemistry), reactive chemical elements, being the second-lowest in the reactivity series. It is solid under standard temperature and pressure, standard conditions. Gold often occurs in free elemental (native state (metallurgy), native state), as gold nugget, nuggets or grains, in rock (geology), rocks, vein (geology), veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as in electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to ...
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Hideyoshi
, otherwise known as and , was a Japanese samurai and ''daimyō'' (feudal lord) of the late Sengoku and Azuchi-Momoyama periods and regarded as the second "Great Unifier" of Japan.Richard Holmes, The World Atlas of Warfare: Military Innovations that Changed the Course of History, Viking Press 1988. p. 68. Although he came from a peasant background, his immense power earned him the rank and title of and , the highest official position and title in the nobility class. He was the first person in history to become a ''Kampaku'' who was not born a noble. He then passed the position and title of ''Kampaku'' to his nephew, Toyotomi Hidetsugu. He remained in power as , the title of retired ''Kampaku'', until his death. It is believed, but not certain, that the reason he refused or could not obtain the title of , the leader of the warrior class, was because he was of peasant origin. Hideyoshi rose from a peasant background as a retainer of the prominent lord Oda Nobunaga to becom ...
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Ryō (currency Unit)
The was a gold currency unit in the shakkanhō system in pre- Meiji Japan. It was eventually replaced with a system based on the ''yen''. Origins The ''ryō'' was originally a unit of weight from China, the ''tael.'' It came into use in Japan during the Kamakura period. By the Azuchi–Momoyama period it had become nearly uniform throughout Japan, about 4.4 ''monme'' as a unit of weight (about the same as 16.5 grams). During the Sengoku period, various local ''daimyō'' began to mint their own money. One of the best known and most prestigious of these private coins was the ''kōshūkin'' (甲州金, ''coin/gold of the Kōshū Province'') issued by warlord Takeda Shingen, who had substantial gold deposits within his territories. The value of the ''kōshūkin'' was based on its weight, with one ''kōshūkin'' equal to one ryō of gold, and thus stamped with its weight (about 15 grams). The exchange rate fluctuated. A ''ryō'' of gold was worth 3 kan (3000) copper coins arou ...
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Coins Of Japan
The is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar and the euro. It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as of gold, or of silver, and divided decimally into 100 ''sen'' or 1,000 ''rin''. The yen replaced the previous Tokugawa coinage as well as the various ''hansatsu'' paper currencies issued by feudal ''han'' (fiefs). The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. Following World War II, the yen lost much of its pre-war value as Japan faced a debt crisis and hyperinflation. Under the Bretton Woods system, the yen was pegged to the US dollar alongside other major currencies. After this system was abandoned in 1971 with the Nixon Shock, the short-lived Smithsonian Agreement temporarily reinstated a fixed e ...
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Gold Coins
A gold coin is a coin that is made mostly or entirely of gold. Most gold coins minted since 1800 are 90–92% gold (22 karat), while most of today's gold bullion coins are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buffalo. Alloyed gold coins, like the American Gold Eagle and South African Krugerrand, are typically 91.7% gold by weight, with the remainder being silver and copper. Until about the 1930s, gold coins were circulation coins, including coin-like bracteates and dinars. Since then, gold coins have mainly been produced as bullion coins for investors and as commemorative coins for collectors. While modern gold coins are still legal tender, they are not used in everyday financial transactions, as the metal value invariably exceeds the nominal value. For example, the quarter-ounce American Gold Eagle has a denomination of $10, but a metal value of approximately $500 (as of ). The gold reserves of central banks are dominated by gold ...
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Modern Obsolete Currencies
Modern may refer to: History *Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history ** Moderne, multiple architectural styles ** Modernisme a.k.a. Catalan Modernism * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern ...
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Economy Of The Edo Period
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. However, mone ...
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