Ichibugin

A silver Ichibugin.

The Ichibugin (一分銀) (aka: "bu" () for short) was a monetary unit of Japan towards the end of the Edo period. During their time in circulation each coin was worth 14 of a gold Ryō, and could also be exchanged four silver or gold shu coins. The medium of exchange was later expanded to allow 3 Ichibugin for a United States or Mexican Silver Dollar.[1] While no coins worth "3 bu" were ever produced by the shogunate, the corresponding coins were countermarked as such.[2]

History

Specifications

Image Minted Mass Material
1837 – 1854
2.3 Momme
(8.62g)
98.86% silver, 0.93% miscellaneous, 0.21% gold
1859 – 1868
2.3 Momme
(8.62g)
89.36% silver, 10.57% miscellaneous, 0.07% gold
1868 – 1869
2.3 Momme
(8.62g)
80.66% silver, 19.25% miscellaneous, 0.09% gold

Circulation figures

Denomination Era Namesake[a] Japanese dates[b] Gregorian dates[b] Mintage
1 Bu
天保八 – 安政元
1837 – 1854
78,916,556[3]
1 Bu
安政六 – 明治元
1859 – 1868
11,398,600[4]
1 Bu
万延元 – 慶応二
1860 – 1867
Unknown[c]
1 Bu
明治元 – 明治二
1868 – 1869
4,267,332[6]

See also

Notes

  1. ^ Edo coinage is named after their era of origin regardless of how many eras their actual mintage spans.
  2. ^ a b These years are for reference only as the given coins may not be dated
  3. ^ These are similar to gold coins made during the Kyōhō era (1716–1736). They all feature no dating mark and weigh over 4 grams.[5]

References

  1. ^ Michael Smitka (1998). The Japanese Economy in the Tokugawa Era, 1600–1868. Routledge. p. 242.
  2. ^ "Japan 3 Bu KM# 101.2 (1825-58)". Numismatic Guaranty Company. Retrieved 14 January 2026.
  3. ^ "Japan Bu C# 16 (1837-54)". Numismatic Guaranty Company. Retrieved 14 January 2026.
  4. ^ "Japan Bu C# 16a (1859-68)". Numismatic Guaranty Company. Retrieved 14 January 2026.
  5. ^ "Japan Bu C# 20c (1860-67)". Numismatic Guaranty Company. Retrieved 14 January 2026.
  6. ^ "Japan Bu C# 16b (1868-69)". Numismatic Guaranty Company. Retrieved 14 January 2026.