Japan 1912 (M45) yen
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This type, roughly equal to a silver dollar, was struck 1886-1912 and is common. The last silver yen was struck in 1914. 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 45207 in Stack's Bowers ANA sale (Costa Mesa, CA, August 2021), where it sold for $720. The catalog description[1] noted, "JAPAN. Yen, Year 45 (1912). Osaka Mint. PCGS MS-63 Gold Shield. A well struck Yen with full frosty luster and largely free of toning."
Recorded mintage: 5,000,000.
Specification: 26.96 g, 0.900 fine silver, .780 troy oz ASW, 38.1 mm diameter.
Catalog reference: KM-Y-A25.3; JNDA 01-10A.
- 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.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The August 2021 ANA sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.
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