JAPAN

Banknote

Hansatsu

Mikawanokuni

"Kawauchi group Note"

Silver 3 Momme

(1730)

FRONT

・長澤産物手形（Note issued by Nagasawa family）

・銀参匁（Silver 3 Momme）

BACK

・河内組（Kawauchi group, Kawauchi-gumi）

・以此手形引替相渡可申者也（This bill is redeemable for the amount indicated on the front）

・応楮数換国産品享保十五庚戌穐初鏤（First issued in 1730, this bill could be exchanged for all kinds of domestic products）

・引替所（Exchange Office）

・産物会所（Sanbutsu Kaisho, a domain-operated exchange office for regional products during the Edo period）

🐧 Some notes of this type have watermarks. Watermarked examples are believed to be from an earlier issue. However, as these notes came to be issued in larger quantities, the watermark was discontinued.

🐧 This bill was issued by the Kawauchi-gumi (Kawauchi group), which functioned as a construction organization. It was most likely used for wage payments. From the time of its issuance, these bills were probably used in a manner similar to hansatsu (domain-issued paper money).

🐧 In fact, this note was issued under the authority of the Nagasawa family. During the Edo period, issuing hansatsu required permission either directly from the shogunate—the highest authority at the time—or from an individual or family that had been granted the privilege of note issuance by the shogunate, often in exchange for a fee. This particular note was issued after such rights had been obtained from the Nagasawa family, who held the shogunate’s authorization to permit the circulation of hansatsu.

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