Japan 1911 (M44) 5 yen
This specimen was lot 50073 in Stack's Bowers Hong Kong auction (Hong Kong, April 2021), where it sold for $2,040. The catalog description[1] noted, "JAPAN. 5 Yen, Year 44 (1911). Osaka Mint. Mutsuhito (Meiji). PCGS MS-64 Gold Shield. Fully radiant with dashes of subtle tone that compliment the surfaces on both sides. From the Pinnacle Collection." This type was struck 1897-98, 1903 and 1911-12 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.
Recorded mintage: 59,880.
Specification: 4.16 g, 0.900 fine gold, .120 troy oz AGW, milled edge.
Catalog reference: Fr-52; KM-Y32; JNDA-01-8.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- The Catalog of Japanese Coins and Banknotes, Tokyo: JNDA (Japanese Numismatic Dealers Assn.), 2014.
- 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.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The April 2021 Hong Kong Auction, Costa Mesa, CA: Stack's Bowers LLC, 2021.
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