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1 Shu Dajōkan-satsu
| Issuer | Dajōkan (Grand Council of State) |
|---|---|
| Year | 1868-1869 |
| Type | Log in to see details |
| Value | 1 Shu (1⁄16) |
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| Composition | Log in to see details |
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| Obverse description | Letterpress in black with red overstamps on a vertically oriented note; the upper register displays the denomination in vertical script within an ornate scrollwork frame incorporating Chrysanthemum and five-seven Paulownia seals. The lower register bears vertical inscriptions within a frame flanked by two dragons, reading right to left. A red circular stamped seal is applied over the denomination area. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | 慶應戊辰發行 元締 通用十三年限 (Translation: Keiō [year] tsujinoe-tatsu (Year of the Earth-Dragon) issue Motojime Circulation Thirteen years limit) |
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| Comments |
The Dajōkan-satsu were the first government-issued paper notes of the Meiji administration, authorized almost immediately after the 1868 restoration as an emergency fiscal measure to fund the new government's military campaigns against Tokugawa loyalists. The 1 Shu sits at the lowest denomination in the series — at the time, 16 Shu equaled 1 Ryō, itself a unit already being phased out as the administration moved toward a decimal yen system.
Redemption in specie was promised but never reliably honored, and the notes depreciated sharply within their first year. The entire Dajōkan-satsu series was formally withdrawn following the 1871 New Currency Act, replaced by the yen-denominated notes of the new Meiji monetary framework.