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Japan Mint

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The Japan Mint (独立行政法人 造幣局, Dokuritsu Gyōsei Hōjin Zōheikyoku) is an Incorporated Administrative Agency of the Japanese government. This agency has its Head office in Osaka with branches in Tokyo and Hiroshima.

History

Amongst the first acts of the Meiji government was the establishment of a Japan Mint as a constructive step towards modernizing Japan's circulating currency. In the early Meiji era, paper currency was initially printed by Dondorf and Naumann in Germany.[1] The European production was inspected and sealed by Banknote Annex Office of the Ministry of Finance. A proposal to construct a banknote manufacturing plant was submitted to Grand Council of State in May, 1874; and construction was approved in December of that same year. A two-story Western red brick building was completed in October 1876.[2]

Over the course of decades, Mint activities have expanded to include the production of orders (decorations), medals of honor and metallic art objects, the analysis and testing of metal ores and minerals, and the fineness certification of precious metal wares (hallmarking).

The Mint became an Incorporated Administrative Agency on April 1, 2003.

Osaka Head Office

Tokyo Branch

  • 1879: This branch of the Mint was set up in the Ministry of Finance building. The primary function of this office was to accept gold and silver to be made into coins which would then be returned to the bearer; however the sub-branch was abolished in 1907.
  • 1929: The branch is established at Kōjimachi-ku. The primary function of this office focused on certifying the fineness certification of precious metal wares.
  • 1939: The branch moved to the present address in Toshima-ku to enable the expansion of its operations.

Hiroshima Branch

  • 1942: The construction of a minting plant in Hiroshima Prefecture was decided with the aim of minting coins in Japan for various Southeast Asian countries.
  • 1945: The minting of coins was initially begun in February; but production was stopped later in that year.
  • 1946: Operations resumed at the present address.
  • 1948: The branch becomes capable of managing the entire coinage process.

Standards

Japan Mint has sought to bring its operations within an ambit proposed by the International Standard for Quality Management System (ISO).

See also

References

  1. ^ Boling, Joseph E. "Building a National Currency -- Japan, 1868-1899," 1996.
  2. ^ National Archives of Japan, Digital Gallery website: "[Drawings] Japan Mint"
  3. ^ National Archives of Japan, Digital Gallery website: "Photograph of Osaka Mint Opening Ceremony"