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==Edo Period==
==Edo Period==
[[File:Ryo.JPG|right|thumb|320px|Two ten ''ryô'' ''ôban'', one five ''ryô ôban'', and a one ''ryô koban'' coin, on display at the British Museum]]
Samurai stipends in the Edo period were paid out in ''koku'', i.e. in rice. However, gold and silver coinage was used in everyday exchanges (especially among ''[[chonin|chônin]]''/commoners - peasants, merchants, artisans, etc.). In Edo, gold was more widely circulated, while in [[Kamigata]] (the Kyoto-Osaka area), silver was more commonly the mode of exchange. Gold was exchanged in relatively standardized coins issued by the [[Tokugawa shogunate|shogunate]], known as ''koban'', and worth one ''ryô'' apiece.
Samurai stipends in the Edo period were paid out in ''koku'', i.e. in rice. However, gold and silver coinage was used in everyday exchanges (especially among ''[[chonin|chônin]]''/commoners - peasants, merchants, artisans, etc.). In Edo, gold was more widely circulated, while in [[Kamigata]] (the Kyoto-Osaka area), silver was more commonly the mode of exchange. Gold was exchanged in relatively standardized coins issued by the [[Tokugawa shogunate|shogunate]], known as ''koban'', and worth one ''ryô'' apiece.
