Most local currencies were issued between the Bunkyu era and the end of the Edo period, and its reasons were that the bakufu shifted governmental duties such as the naval defense to various domains, various domains faced with financial difficulties due to expenses for measures for riots, there was shortage of coins in provinces, metal currencies were issued due to the weakening of trustworthiness of Hansatsu (paper currency issued in various domains), various domains established an independent political system because the bakufu became less influential, and Imperial proclamation of minting of coin was issued.
地方貨幣の発行は文久年間から幕末に集中しており、海防充実などの幕府事業の各藩への転化、一揆などの騒動対策による藩財政の逼迫、地方における銭貨の払底、藩札の信用低下による金属貨幣の発行、幕府の権力低下による各藩独立体制の進化、および朝廷による鋳銭宣下などが挙げられる。