Hoei Gold and Silver

Japanese: 宝永金銀 - ほうえいきんぎん

Coins minted from 1706 to 1711 (3rd to 8th years of the Hoei era). The purpose of these coins was to correct the gold and silver ratio caused by the recoinage during the Genroku era, and over a five-year period, silver coins were recoined four times and gold coins were recoined once, including Nitsuhocho silver, Mameban silver, Eijicho silver, Mitsuhocho silver, koban, and ichibu silver. As these coins were of lower quality than the Genroku gold and silver coins, the currency system became confused. In 1712, silver merchants were purged for allegedly making unfair profits from the recoinage, and the Shotoku gold and silver coins, which were good quality coins, were recoined.

Source : Heibonsha Encyclopedia About MyPedia Information

Japanese:

1706年―1711年（宝永３年―８年）に鋳造された貨幣。元禄(げんろく)期の改鋳による金銀比価の是正を目的としたもので，二ツ宝丁(ほうちょう)銀・豆板銀・永字丁(えいじちょう)銀・三ツ宝丁銀・小判・一分銀など５年間に銀貨４回，金貨１回改鋳。元禄金銀より品位が劣っていたこともあって，幣制が混乱。改鋳差益金（出目(でめ)）を不当に得たとして，1712年銀座商人が粛正され，良貨の正徳(しょうとく)金銀貨が改鋳された。

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