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ōban
An Ōban (大判) was a monetary ovoid gold plate, and the largest denomination of Tokugawa coinage. 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 , otherwise known as and , was a Japanese samurai and ''daimyō'' (feudal lord) of the late Sengoku period regarded as the second "Great Unifier" of Japan.Richard Holmes, The World Atlas of Warfare: Military Innovations that Changed the Cour ... 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 Edo period ...
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Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as 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 most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ...
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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 bakuhu 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 fluc ...
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Hideyoshi
, otherwise known as and , was a Japanese samurai and ''daimyō'' (feudal lord) of the late Sengoku period 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. Hideyoshi rose from a peasant background as a retainer of the prominent lord Oda Nobunaga to become one of the most powerful men in Japan. Hideyoshi succeeded Nobunaga after the Honnō-ji Incident in 1582 and continued Nobunaga's campaign to unite Japan that led to the closing of the Sengoku period. Hideyoshi became the ''de facto'' leader of Japan and acquired the prestigious positions of Chancellor of the Realm and Imperial Regent by the mid-1580s. Hideyoshi launched the Japanese invasions of Korea in 1592 to initial success, but eventual military stalemate damaged his prestige before his death in 1598. Hideyoshi's young son and successor Toyotomi Hideyori was displaced by Tokugawa Ieyasu at the ...
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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 ''koshukin'' issued by the warlord Takeda Shingen, who had substantial gold deposits within his territories. The value of the koshukin was based on its weight, with one ''koshukin'' equal to one ryō of gold, and thus stamped with its weight (about 15 grams). During the Tenshō period (1573–1592), one ryō was equal to four ''koku'' of rice, or 1000 brass coins. Tokugawa period The Tokugawa shogunate at ...
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Koban (coin)
The was a Japanese oval gold coin in Edo period feudal Japan, equal to one ''ryō'', another early Japanese monetary unit. It was a central part of Tokugawa coinage. The ''Keichō'' era ''koban'', a gold piece, contained about one ryō of gold, so that koban carried a face value of one ryō. However, successive mintings of the koban had varying (usually diminishing) amounts of gold. As a result, the ryō as a unit of weight of gold and the ryō as the face value of the koban were no longer synonymous. In modern times, they are sold as ''Engimono'' (at-least, gold-foil cardboard versions), from 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 of the central government; and similarly, vassals were annually paid a specified ''koku'' of r ...
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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 (US$) and the euro. It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as of gold, or of silver, and divided decimally into 100 ''sen'' or 1,000 ''rin''. The yen replaced the previous Tokugawa coinage as well as the various ''hansatsu'' paper currencies issued by feudal ''han'' (fiefs). The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. Following World War II, the yen lost much of its prewar value. To stabilize the Japanese economy, the exchange rate of the yen was fixed at ¥360 per US$ as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per US$ in 1 ...
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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 (22karat), 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. Traditionally (up to about the 1930s), gold coins have been circulation coins, including coin-like bracteates and dinars. In recent decades, however, gold coins are mainly produced as bullion coins for investors and as commemorative coins for collectors. While modern gold coins are still legal tender, they are not observed in everyday financial transactions, as the metal value normally exceeds the nominal value. For example, the American Gold Eagle has a denomination of 10 USD, but a metal value of more than $800 USD (being around a half an ounce). The gold reserves of centra ...
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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 * 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, a generic font family name for fixed-pitch serif and sans serif fonts (f ...
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