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A Question On Japanese Silver Coins In Mutsuhito's Reign

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Valued Member
bungle's Avatar
Japan
349 Posts
 Posted 05/06/2015  7:15 pm  Show Profile   Bookmark this reply Add bungle to your friends list Get a Link to this Reply
The dragon on Japanese coins was supposed to represent the emperor because they didn't want his portrait on a coin.

There are several possible reasons why the same dragon is on Korean coins 1905-1910
I don't know how you would find out the real reasons...
1. Outside of Japan one yen coins were still being circulated and so the design would be recognizable.
2. Korean coins from the previous decade had dragons on them.
3. They didn't want to spend money or time making new designs.
4. It would be awkward to introduce a new design in 1906 or 1907 so soon after introducing the new coins.
5. It was not politically correct to have the sun (as on the Japanese coins of 1906-1907) on a foreign coin.
6. To associate the Korean emperor with the losers, or the end of an era.
7. They were going to annex Korea soon and get rid of the hard currency anyway, replacing it with paper yen.
Pillar of the Community
wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 05/07/2015  10:11 am  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
Is it true to say that after Japan had changed to Gold system, paper notes became more and more predominate in Taiwan and Korea (esp. when Korea is fully controlled after 1910), silver coins and bank notes were used in Japan and leaving silver yen (dollar) as a trading tool with China.

After the Sino-Japanese War, the role of the Government and Subject of the country heightened to a level that the Emperor became the figure-head of the country. Under this scenario, rising sun (representing the country) rather than a dragon became the emblem on the coins.

Bungle, do you agree?
Valued Member
bungle's Avatar
Japan
349 Posts
 Posted 05/08/2015  09:32 am  Show Profile   Bookmark this reply Add bungle to your friends list Get a Link to this Reply
I can't really agree with that.
Actually, officially the rising sun side is the reverse of the coin, not the obverse.

Quote from Japan Mint publication:
*Japanese doesn't show up, it is on page 56 here:
http://www.mint.go.jp/wp-content/up...02/ayumi.pdf

*translation:
It is said that the reason why the dragon was removed,
was because after winning the first Sino-Japanese war,
people were saying "Having a dragon represent the head of state is a Qing-Chinese idea that should be rejected from the currency."


Also the Qing dynasty had to pay a huge sum of war reparations in gold sovereigns. St. George may have played a role.
Edited by bungle
05/08/2015 09:38 am
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 05/08/2015  10:25 am  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
Thank you Bungle, I can read part of it as there are some Chinese characters.
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