Japan 1899 (M32) 10 yen

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Heritage sale 3064, lot 33390
Japan H3064-33390r.jpg
Heritage sale 3073, lot 33412
photo courtesy Heritage Auction Galleries

The first specimen was lot 33390 in Heritage sale 3064 (Chicago, April 2018), where it sold for $552. The catalog description[1] noted, "Meiji gold 10 Yen Year 32 (1899) AU55 NGC. Clean surfaces for the grade make this a particular[l]y attractive coin to target in the AU range." The second specimen was lot 33412 in Heritage sale 3073 (Chicago, April 2019), where it sold for $720. The catalog description[2] noted, "Meiji gold 10 Yen Year 32 (1899) MS63 NGC. Supremely satiny for the assigned grade, with delightful cartwheel luster which seems to push the upper bounds of the choice range." This type was struck during the Meiji era in considerable numbers but remains scarce today with some dates rare. It seems likely that most of the issue remained in government hands as backing for currency until the inflation of World War One ended any likelihood of circulating the coin. It was last struck in 1910.

Recorded mintage: 1,743,006.

Specification: 8.33 g, 0.900 fine gold, .241 troy oz AGW, milled edge.

Catalog reference: KM-Y33, Fr-51.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • 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]Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3064, featuring the Doug Robins Collection of Canadian Tokens, Dallas, TX: Heritage Auction Galleries, 2018.
  • [2]Bierrenbach, Cristiano and Warren Tucker, Heritage World and Ancient Coins Auction 3073, featuring the Lake County Collection of British coins, Dallas, TX: Heritage Auction Galleries, 2019.

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