Asano Naganori
Accepting scrip always carried the risk of forfeiture. During the Edo period, the shogunate seized some domains, and transferred others; on such occasions, the new daimyō might not honor the old scrip. Following the condemnation and death of the daimyō Asano Naganori, for example, Ōishi Yoshio, a house elder in the Akō Domain (and later the leader of the Forty-seven rōnin), ordered the redemption of scrip at 60% of face value. In addition, in times of financial difficulty, the domain might simply declare scrip void. Early in the period, domains printed their own scrip; later, they operated through prominent merchants, whose credibility was important to the acceptance of the currency.