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Mameitagin 'Genroku Mameitagin' double Daikoku
| Issuer | Tokugawa Shogunate (Edo Mint) |
|---|---|
| Year | 1695-1706 |
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| Currency | Monme Silver / Monme-Gin / Ginme (1601-1874) |
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| Obverse description | Central field bearing a bold hammered impression of Daikoku, the Shinto deity of wealth and fortune, depicted in frontal aspect seated upon bales of rice (tawara), crowned with his characteristic flat-topped hat (kasa) and surrounded by stylized foliate and oval pellet ornaments radiating from the central device. To the left, a tall ceremonial mallet (uchide no kozuchi) is rendered in raised relief. The design is executed in the characteristically robust and slightly irregular style of Edo-period bean silver coinage, with the entire composition contained within the naturally formed convex globular flan. |
|---|---|
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| Obverse lettering | 元 銀 |
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| Additional information |
The Genroku Mameitagin was struck as a direct consequence of the shogunate's fiscal crisis in the 1690s, when Councillor Ogiwara Shigehide pushed through a deliberate debasement of the silver coinage — dropping fineness from roughly 80% to 64% — to generate revenue for the Edo government. The reform was deeply unpopular, and older high-silver pieces were hoarded almost immediately, following Gresham's Law with textbook precision.
The "double Daikoku" chop marks were applied at the Edo and Osaka mints as an assay and authorization stamp. Their presence here confirms the piece passed official re-examination — a detail that places it firmly within the managed recall and restamping program that accompanied the debasement rollout.