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5 Dollars - Charles III Hatamoto

Issuer Niue
Year 2025
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Value 5 Dollars
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Reverse description The reverse depicts a fully armoured hatamoto samurai warrior mounted on a galloping horse, rendered in vivid selective colouring with the horse in warm brown tones and the warrior's armour in deep black with gilt accents. The samurai carries a katana and bears a sashimono battle flag displaying a mon (family crest) in the upper right field. A large coloured sun disc in orange-red dominates the background, evoking the Japanese rising sun motif. Flanking the central scene in antiqued silver relief are traditional Japanese pagodas, cherry blossom branches, torii gates, and naturalistic foliage. The Chinese characters 旗本 (Hatamoto) appear in the upper left field of the coin.
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Reverse lettering 旗本
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Additional information

The hatamoto were the direct retainers of the Tokugawa shogunate, ranked immediately below the daimyo and entitled to audience with the shogun himself — a privilege that distinguished them sharply from the broader samurai class. Their stipends were paid in rice koku, and the fiscal erosion of those stipends across the Edo period drove many hatamoto families into quiet poverty while maintaining the outward obligations of their rank.

Niue has become the dominant vehicle for Japanese-themed bullion issues precisely because its licensing framework allows mint partners to produce high-relief collector silver outside the constraints facing Japanese domestic coinage authorities.

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