Japan 1884 (M17) 1 yen

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Stack's Bowers 2015 NYINC sale, lot 4042
Japan Stacks Jan15-4042r.jpg

This type, roughly equal to a silver dollar, was struck 1874-87 and is rather scarce compared to later issues of 1886-1912. The last silver yen was struck in 1917. 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." This specimen was lot 4042 in Stack's-Bowers NYINC sale (New York, January 2015), where it sold for $158.63. The catalog description[1] noted, "JAPAN. Yen, Year 17 (1884). NGC AU-58. Nicely toned."

Recorded mintage: 3,599,192.

Specification: 26.96 g, 0.900 fine silver, .780 troy oz ASW, 38.6 mm diameter.

Catalog reference: KM Y-A25.2; JNDA-01-10.

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.
  • [1]Ponterio, Richard, The January 2015 NYINC Auction: Ancient Coins, World Coins & Paper Money, Featuring the John W. Adams and Ray Czabor Collections, Irvine, CA: Stack's Bowers LLC, 2014.

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