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1 Silver Monme Nagasawa City

Issuer Obiya Kyushichi (Obikyu) Merchant House, Nagasawa
Year 1730
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Shape Rectangular
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Obverse lettering 三州産物 長澤手形 應拮敷換國産品引 以此手形引替 相渡可被者也 亭保十五戌種初鏈所 掛井町屋久七
Reverse description Reverse not separately documented; this note appears to be printed on one side only, as is typical of Japanese hansatsu local currency of the Edo period.
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Obiya Kyushichi was a merchant house operating in Nagasawa — a small port town on Sado Island, off the Niigata coast — during the mid-Edo period. Private merchant notes denominated in silver monme were a practical necessity in regional commerce where official coinage was chronically scarce or awkward in weight denomination. This note, issued at one silver monme face value, functioned as a local credit instrument backed by the reputation of the issuing house rather than any government guarantee.

Sado Island's economy was heavily shaped by the Tokugawa shogunate's gold mine at Aikawa, yet silver-denominated private scrip circulated alongside official currency throughout the island's merchant networks. The single official seal was the operative security measure — forgery deterrence rested entirely on recognizing the mark.

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