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1 Yen

Issuer Ministry of Finance, Japan
Year 1872
Type Standard circulation banknote
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Obverse lettering 壹        壹
 省蔵大府政本日大
    金
    壹
    圓
    明
    治
    通
    宝
壹        壹
(Translation: One (x2) Great Japanese Government Ministry of Finance One gold yen Currency of Meiji One (x2))
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Reverse lettering 七九二〇  ✶んせ✶
番       号
    壹
      政大
      府日
      内本
      蔵帝
      卿國
    壹
番       号
七九二〇  ✶んせ✶
(Translation: Number One Finance Minister of the Imperial Government of Japan One Number)
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Comments

Japan's first domestically authorized modern currency series, the Meiji "dajokan-satsu" notes had already exposed the dangers of relying entirely on foreign presses — counterfeit plates and unauthorized overruns were genuine concerns with earlier issues sent to the United States. For the 1872 series the Ministry of Finance contracted Dondorf & Naumann in Frankfurt, bringing in the Genoese engraver Edoardo Chiossone to design and cut the plates. Chiossone would later relocate to Japan permanently in 1875 to help establish indigenous intaglio printing capacity at what became the Imperial Printing Bureau.

The Frankfurt origin of these sheets matters: production was completed abroad and imported, before Japan had the technical means to replicate the work itself.

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