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3 Fun Yamato Province; Tsubai-Chō

Issuer Nagasawa Office (Obiya Kyūshichi), Tsubai-Chō
Year 1730
Type Local banknote
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Reverse description Upper vignette of three Hōju Cintāmaṇi (sacred wish-granting jewels) emitting flames, set upon a low ceremonial table. The remaining field is filled with vertical columns of brushwork text recording issue authority, exchange terms, date, and issuing office details.
Reverse lettering 三州
長澤
産物手形
享    應
保 相以 楮
十 渡此 數
五 可手 換
戌庚申形 國
穐 者引 産
初 也替 品

所替引
椿井町
帯屋久七[]
(Translation: Sanshū (Mikawa Province) Nagasawa.
Product scrip.
Accept paper amount for exchange to products.
This scrip can be exchanged on demand.
Kyōhō fifteenth Fire Dog autumn first engrave.
Exchange office.
Tsubai-Chō.
Obiya Kyūshichi.)
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Tsubai-chō was a small post-town settlement in Yamato Province, and the Nagasawa office — operating under the merchant Obiya Kyūshichi — was among dozens of private commercial houses across the Kinai region that issued fractional paper currency during the mid-Edo period to address chronic shortages of small copper coin. These privately issued hansatsu-style notes circulated on the creditworthiness of the issuer alone, accepted locally but rarely beyond the immediate trading area.

The "3 Fun" denomination is telling — fractional fun notes were the workhorses of everyday market transactions, filling the gap between official coinage denominations that the Tokugawa mint consistently failed to supply in adequate volume.

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