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The Kōchōsen Japanese system of coinage became strongly debased, with its metallic content and value decreasing. By the middle of the 9th century, the value of a coin in rice had fallen to 1/150th of its value of the early 8th century. [13]
Wadōkaichin copper coin. The Chinese Kāiyuán Tōngbǎo coin (開元通寶), first minted in 621 CE in Chang'an, was the model for the Japanese wadōkaichin. Wadōkaichin (和同開珎), also romanized as Wadō-kaichin or called Wadō-kaihō, is the oldest official Japanese coinage, first mentioned for 29 August 708 [1] on order of Empress ...
The Japanese merchants who were now prohibited from exporting mon coins directly to Vietnam used the Dutch traders as middlemen and exported, between 1633 and 1637, around 105,835 strings of 960 Eiraku Tsūhō and Kan’ei Tsūhō coins (or 101,600,640 mon) to Vietnam.
The ideogram for shell was incorporated into the ancient character for "coin"/ "treasure" Hō in Japanese (right). Chinese shell money, 16-8th century BCE. Before the 7th-8th centuries CE, Japan used commodity money for trading. This generally consisted of material that was compact and easily transportable and had a widely recognized value.
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Fuhonsen (富本銭) is an early form of Japanese currency that was created around 683 (Tenmu 12) during the Asuka period. Its suggested that these coins were minted before the creation of the Wadōkaichin in 708 based on an entry in the Nihon Shoki. Theories differ as to whether this coin actually circulated or was used as a Chinese numismatic ...
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