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<p>[QUOTE=&quot;Sullykerry2, post: 3652058, member: 57121&quot;]On the Izu Peninsula where Shimoda (where Perry stayed awaiting permission to visit Yedo and the Shogun) there were small gold and silver mines. Yet much of the gold and silver were brought over from China via Korea. You will see gold leaf decorating the small buddhas in Japanese temples.</p><p><br /></p><p>Yes, [USER=4373]@gxseries[/USER] is correct that early on Japanese used silver and gold coins that had higher purity.&nbsp; The Ansei -2 shu Boeki (trade) would be freely traded against the Mexican silver peso.&nbsp; I forget the ratio but it was favorable to the traders coming up from the Philippines or Mexico.&nbsp; By the late 1860s and early 1870, the Japanese brought in professional advisers from the English mint to help set up and standardize the Japanese monetary system. In 1871 the Osaka Mint was established with the technical assistance of these Englishman. From 1875-1877 the Osaka Mint issued its &quot;Trade Dollar&quot; known as the Boeki Dollar of .900 silver content. These Japanese dollars were supposed to be interchangeable with the U.S. trade dollar that ws minted from 1883 through 1878.[/QUOTE]</p><p><br /></p>

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