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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]
Kan'ei Tsūhō (寛永通宝) coins. The top coins were each worth 4 mon; the middle and bottom coins were worth 1 mon each. Bunkyū ēhō (文久永宝). Branched ("Edasen" 枝銭) Mon coins of the Bunkyū period. This shows the foundry technique to make the coins: the coins would then be clipped and filed to obtain the final round shape.
In 760, a reform was put in place, in which a new copper coin called Man'nen Tsūhō (萬年通寳) was worth 10 times the value of the former Wadōkaichin, with also a new silver coin named Taihei Genpō (大平元寶) with a value of 10 copper coins, as well as a new gold coin named Kaiki Shoho (開基勝寶) with a value of 10 silver coins.
The Kan'ei Tsūhō (Kyūjitai: 寛永通寳; Shinjitai: 寛永通宝) was a Japanese mon coin in use from 1626 until 1868 during the Edo period.In 1636, the Kan'ei Tsūhō coin was introduced by the Tokugawa shogunate to standardise and maintain a sufficient supply of copper coinage, and it was the first government-minted copper coin in 700 years.
The Portuguese who came to Japan in the 1550s, however, preferred gold to rice; and the koban, which was equal to three koku of rice, became the coin of choice in foreign trade. Some feudal lords began minting their own koban, but the value was debased with alloys of varying gold content.
There is a misconception among the Japanese public that Giza 10 (ギザ10, Giza Ju) (yen made between 1951 and 1958) are worth a lot of money because of their reeds. On average these coins are worth only 3 to 4 times their face value, or in some cases just their face value. [31]
Japanese coinage was reformed in 1948 with the issue of a brass one-yen coin. 451,170,000 coins were minted until production stopped in 1950. [18] The obverse of these brass coins features a numeral "1" with "State of Japan" above, and the date below, while the reverse reads "One Yen" with a floral pattern below it. [ 18 ]
This coin is described as "very rare" by Heritage Auctions. [135] [136] 5 yen 33rd 三十三 1958 KM-Pn86 Virtually identical to the adopted 2nd design which uses an "old script" for the value. There are added Japanese characters on the reverse side (gear design around hole). [137] 10 yen: 25th 二十五 1950 KM-Pn82 Unknown design struck in ...
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