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Japanese ryō: research record

Evidence coverage: 1550–1873. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Japanese ryō

T-FTM000410 · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Dated observations: 1550–1873; this does not establish the entire lifetime.

Parents / predecessors

Japanese silver monme / ginme accountingabsorbed into existing currency · 1868 · later absorption or contribution
↗

Children / successors

Japanese yenreplaced by · 1871
↗
Unit and issue records 3 records

Evidence within this identity, not separate currencies.

Gold ryo accounting unitFTM000410 · C14
Japanese ryo · C1262
Japanese ryo · C1263

Instruments, coinage & context

Supporting material, not parents or children.

Latest research

Earlier unit continuity

The17th-century Japanese monetary system reckoned gold values in ryo, independently from silver monme and copper mon.

Sources and qualifications →
Earlier unit continuity

Later16th-century Koshu gold used ryo/bu/shu units that the Bank of Japan identifies as continuing into Edo gold reckoning. Regional-to-general continuity is explicit but the observed evidence is denomination and large-transaction use, less direct than a surviving dated account. Optional earlier anchor; retain17th-century firm observation independently.

Sources and qualifications →
Historical account research

Mitsui Kyoto moneychanger accounts switched fully from ryo to yen in March–April1873, after earlier yen instruments had still been settled in ryo. This supplies an actual ledger transition supporting existing ryo→yen succession.

Sources and qualifications →
Japanese account boundaries

The museum distinguishes Chinese coin models, medieval one-coin/one-mon reckoning, and independent Edo gold, silver and copper values. This does not by itself establish Tang-account to Japanese-mon ancestry or merge mon, ryō and silver monme.

Sources and qualifications →

Account-unit observations

Dated evidence, not exact birth or extinction dates.

1600–1699supported

The17th-century Japanese monetary system reckoned gold values in ryo, independently from silver monme and copper mon.

C1262
1550–1599qualified

Later16th-century Koshu gold used ryo/bu/shu units that the Bank of Japan identifies as continuing into Edo gold reckoning. Regional-to-general continuity is explicit but the observed evidence is denomination and large-transaction use, less direct than a surviving dated account. Optional earlier anchor; retain17th-century firm observation independently.

C1263
1873supported

Mitsui Kyoto moneychanger accounts switched fully from ryo to yen in March–April1873, after earlier yen instruments had still been settled in ryo. This supplies an actual ledger transition supporting existing ryo→yen succession.

C1417
Monetary history 1 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

1772Denomination extension

The BOJ Museum dates gold-unit-denominated Meiwa Nishu silver coins to 1772, distinguishing denomination from metal.

C355
Evidence & research notes 14 claims

Dated observations, not a proven complete lifespan.

Supported C14

Gold accounting used ryo, bu and shu.

Bank of Japan Currency Museum · FAQs Japanese Currency Citation S05 · Open source ↗

Q3, first paragraph

Source access and limitations

Use questions individually; broad overview, not a reform-law facsimile

Supported C25

An eighteenth-century official rating equated one ryo with 60 monme or 4,000 mon.

Bank of Japan Currency Museum · FAQs Japanese Currency Citation S05 · Open source ↗

Q3, second paragraph

Source access and limitations

Use questions individually; broad overview, not a reform-law facsimile

Supported C26

The seventeenth-century museum section gives one ryo as 50 monme or 4,000 mon.

Bank of Japan Currency Museum · Historical Events and Currencies in Use Contents Citation S06 · Open source ↗

Early Modern Times; 17th Century Unification, official exchange-rate line

Source access and limitations

Causal interpretations need specialist corroboration

Supported C27

The 1697 specimen's inscription associates 64 monme of notes with one gold ryo.

Daishi Chieda · Yamada Hagaki: An Investigation of Japan’s Oldest Private Paper Currency · 2024 Citation S18 · Open source ↗

PDF p. 7; printed p. 196; Figure b, item 3

Source access and limitations

The publisher lists pp. 202–187: the printed page numbers descend. This is the source’s pagination, not a reversed range in this bibliography.

The article’s Figure a caption gives 1615, while the text and transcription key give 1623. The discrepancy remains unresolved; this specimen is not used for a dated event.

Supported C53

Dajokan notes used the existing gold-ryo unit of account.

Masato Shizume · A History of the Bank of Japan, 1882–2016 Citation S32 · Open source ↗

Printed pp.4–5, section 2.2.1

Source access and limitations

Selected passages inspected; not an official Bank of Japan position.

Exchange regimes are historical context, not investment guidance or ancestry.

Supported C54

The 1871 reform adopted decimal yen in place of ryo.

National Printing Bureau Japan · History of Japanese Paper Currency Meiji era Citation S08 · Open source ↗

Meiji 4: Major events

Source access and limitations

Commissioning and issue dates differ; headings are not always issue dates

Supported C353

The BOJ Museum traces Koshu gold’s ryo–bu–shu reckoning into Edo-period gold accounting.

Bank of Japan Currency Museum · Historical Events and Currencies in Use Contents Citation S06 · Open source ↗

“From the middle to late 16th century”

Source access and limitations

Causal interpretations need specialist corroboration

Supported C355

The BOJ Museum dates gold-unit-denominated Meiwa Nishu silver coins to 1772, distinguishing denomination from metal.

Bank of Japan Currency Museum · Historical Events and Currencies in Use Contents Citation S06 · Open source ↗

“Middle of the 18th century to the 19th century”

Source access and limitations

Causal interpretations need specialist corroboration

Inference C359

Kamiki contrasts the official gold/copper rating with actual transactions; the abstract alone is insufficient to define a universal market rate.

Tetsuo Kamiki; Socio-Economic History 57(2), 1991, 167–178 · Establishment of the Monetary System of Early Modern Japan Citation S182 · Open source ↗

Abstract, section II; final clause is evidence-scope qualification

Source access and limitations

Broad proportions and market-rate statements lack full-text context here; not used as universal valuations.

Complete English abstract and metadata inspected; Japanese article not consulted

Supported C1262

The17th-century Japanese monetary system reckoned gold values in ryo, independently from silver monme and copper mon.

Bank of Japan Currency Museum · Historical Events and Currencies in Use Contents Citation S06 · Open source ↗

From the middle of12thcentury to13thcentury, lines44–45; Erizeni section, line62; 17thcentury Unification section, lines82–92; 16thcentury gold units, lines74–75

Source access and limitations

Causal interpretations need specialist corroboration

Inference C1263

Later16th-century Koshu gold used ryo/bu/shu units that the Bank of Japan identifies as continuing into Edo gold reckoning. Regional-to-general continuity is explicit but the observed evidence is denomination and large-transaction use, less direct than a surviving dated account. Optional earlier anchor; retain17th-century firm observation independently.

Bank of Japan Currency Museum · Historical Events and Currencies in Use Contents Citation S06 · Open source ↗

From the middle of12thcentury to13thcentury, lines44–45; Erizeni section, line62; 17thcentury Unification section, lines82–92; 16thcentury gold units, lines74–75

Source access and limitations

Causal interpretations need specialist corroboration

Supported C1417

Mitsui Kyoto moneychanger accounts switched fully from ryo to yen in March–April1873, after earlier yen instruments had still been settled in ryo. This supplies an actual ledger transition supporting existing ryo→yen succession.

Noburu Kobayashi · Noburu Kobayashi, 近世・近代日本貨幣史の基礎的研究, BOJ Currency Museum 2017 Citation S695 · Open source ↗

PDF44 section2-2ロ; PDF48endnote162 identifies 貨幣出入帳 MitsuiBunko別966 and 新土蔵楮幣出納帳 続6640

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Japanese extracted text inspected; original 1868 gazette not independently inspected.

Supported C1419

Silver-account lending was forbidden and converted to gold/cash accounts, with gold-denominated government notes subsequently specified. Gold ryo reckoning thus received the silver account branch. Regional historical absorption, not founding unit of ryo.

Noburu Kobayashi · Noburu Kobayashi, 近世・近代日本貨幣史の基礎的研究, BOJ Currency Museum 2017 Citation S695 · Open source ↗

PDF43

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Japanese extracted text inspected; original 1868 gazette not independently inspected.

Qualified C2015

The museum distinguishes Chinese coin models, medieval one-coin/one-mon reckoning, and independent Edo gold, silver and copper values. This does not by itself establish Tang-account to Japanese-mon ancestry or merge mon, ryō and silver monme.

Bank of Japan Currency Museum · Historical events and currencies in use Citation S1047 · Open source ↗

Ancient/medieval sections and independent Edo gold, silver and copper accounts

Source access and limitations

Not a complete origin, lifespan or current-status audit.

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