Japan 1876 (M9) trade dollar

From CoinVarieties
Jump to navigation Jump to search
from the Yuan Collection
from the Yuan Collection

Prior to the opening of Japan in the 1850's and 1860's, Japanese coins were a mix of Chinese-style cast copper cash, silver rectangular "bu" and rare, gold "oban." Coinage reform in the 1870's brought about standard weights and sizes, struck on round planchets. The Japanese trade dollar (1875-1877) was an experiment to enter the Chinese silver trade with coins equivalent to those being imported from southeast Asia, the United States and Mexico. As such the specifications of this trade dollar are the same as the US counterpart. The experiment did not prove successful and the program was dropped after three years. The machinery used for production of the coins was purchased from the Hong Kong mint after British authorities closed it in 1868.

Recorded mintage: 1,514,000.

Specification: 27.22 g, 0.900 fine silver, 0.7876 troy oz ASW.

Catalog reference: KM Y-14.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • The Catalog of Japanese Coins and Banknotes, Tokyo: JNDA (Japanese Numismatic Dealers Assn.), 2014.

Link to:

Retrieved from "https://coinvarieties.com/index.php?title=Japan_1876_(M9)_trade_dollar&oldid=374069"