Ryō Iwasaki
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Ryō Iwasaki
The was a gold currency unit in the shakkanhō system in pre-Meiji period, Meiji Japan. It was eventually replaced with a system based on the ''Japanese yen, 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 Japanese units of measurement#Mass, ''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 Kai Province, 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 rat ...
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