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Ming Dynasty
Hongwu Tongbao
Ōsumi Province
(Upward Zhi)
明
洪武通寶
日本 大隅國
(背上治)
Item number: A1618
Year: AD 1368-1398
Material: Copper
Size: 22.9 x 23.0 x 1.1 mm
Weight: 2.75 g
Provenance: Da Chen Stamps and Coins Collection 2014
During the Muromachi period in Japan, the Shimazu clan of Ōsumi Province in Kyushu minted imitation Hongwu Tongbao trade coins modelled after those issued by the founding emperor of the Ming Dynasty, Zhu Yuanzhang, who cast coins bearing his reign title for commercial exchange with Ming China.
The obverse side of the coin follows the Chinese-style square-holed design, with the characters Hongwu Tongbao inscribed in sequence from top, bottom, right, to left. On the reverse side, the upper portion bears a faintly outlined character “治.” Among the imitation Hongwu Tongbao coins minted by the Shimazu clan, there are three known reverse variations featuring the characters “加,” “治,” and “木.”
From the Nanboku-chō period to the Muromachi shogunate, Chinese copper coins served as legal tender in Japan. As a result, these coins became the most sought-after commodity among Japanese merchants engaging in tributary trade with China, yielding profits of three to four times their value and, in some cases, even allowing for direct exchange with gold. After Zhu Yuanzhang established the Ming dynasty, he imposed restrictions on the scale of Japan’s tributary missions and further prohibited the circulation of foreign currencies within China. In response, the Shimazu clan of Kyushu, which maintained close commercial ties with the Ming, minted imitations of Chinese coins, known colloquially as Kajiki-sen (加治木錢) Hongwu Tongbao, to facilitate trade with Ming China.