June 01, 2017

EDO - Hon-Ryogae-Cho district - Kinza

https://haikutopics.blogspot.jp/2006/06/coin-zeni.html

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Honryoogaechoo 本両替町 Hon-Ryogae-Cho district
- now
. Edo Hongokuchoo 江戸 本石町 Hongoku district in Edo - Nihonbashi .

In its middle was the 金座 Kinza.
In its North was
Kanefukichoo 金吹町 Kanefukicho,
an area where the money was actually made. Special craftsmen, the
kobanshi 小判師 Koban makers
had their own small factories. The mixing of gold and silver and then pressing it into coins was called kanefuki.


The child of Kyoto swordmaker Gotoo Yuujoo 後藤祐乗 Goto Yujo (1440 – 1512), 後藤庄三郎 Goto Shosaburo was invited to Edo to make the first Koban. He became controller of the Kinza gold mint.

Another district related to the Koban was
Kinsukechoo 金助町 Kinsukecho


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. Doing Business in Edo - 江戸の商売 .

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ryoogaeya 両替屋 money changer

Money was in the form of gold and silver slabs and small change
zeni, kozeni 銭、小銭.
The money changers had to weigh the amount of metal to make sure there was no fraud involved.
The exchange rate was fixed by the Bakufu government.
The money changers charged a small sum for their work.




Some dealers for the townspeople were specialized in coins:
銭両替屋
Many shops were concentraded in 室町 Muromachi and 通町 Toricho.
In the year 1718 there were more than 600 people involved in the business.
A few of them were specialized in changing gold and silver :
hon ryoogaeya 本両替屋
Their clients were the feudal lords and the richest of town.

Their most important tools were a set of scales and weight, 分銅 bundoo.





分銅 bundoo


An Edo period money changer's shop has been reproduced
- source : Bank of Tokyo-Mitsubishi Money Museum -

. Echigoya 越後屋 and Mitsui 三井 .

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