Japan (1837-43) goryoban - Revision history

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LatinKing2020: Text replacement - "* Michael, Thomas, and Tracy L. Schmidt, ''Standard Catalog of World Coins, 1801-1900, 9th ed.'', Iola, WI: Krause Publications, 2019. * 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." to "* 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. * Mic...

2023-06-18T20:08:14Z

Text replacement - "* Michael, Thomas, and Tracy L. Schmidt, ''Standard Catalog of World Coins, 1801-1900, 9th ed.'', Iola, WI: Krause Publications, 2019. * 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." to "* 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. * Mic...

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Pastakhov: This page contains material from http://www.coinfactswiki.com/wiki/Japan_%281837-43%29_goryoban

2021-01-19T03:16:18Z

This page contains material from http://www.coinfactswiki.com/wiki/Japan_%281837-43%29_goryoban

New page

[[Image:Japan SB120-21157o.jpg|300px|thumb|Stack's Bowers 2020 NYINC sale, lot 21157]]
[[Image:Japan SB120-21157r.jpg|300px|thumb]]

This specimen was lot 21157 in Stack's Bowers NYINC sale (New York, January 2020), where it sold for $11,400. The catalog description[1] noted, <blockquote>"Seldom Offered Tempo-Era Goryoban. [[Japan|JAPAN]]. Goryoban (5 Ryo), ND (1837-43). Tempo. PCGS AU-50 Gold Shield. A neat short lived multiple-Ryo denomination produced only a few years and seldom appears on the market. The stamps are well applied, crisp and nicely defined with frosty fields. A tenderly handled and well preserved representative of the type with a nice original skin. An attractive example with lovely orange hued golden patina throughout quite pleasing to the eye sure to entice serious consideration from advanced Japanese collectors.

Another aspect of historical context, on 31 March 1854 Commodore Perry negotiated a trade agreement with Japan. This first trade agreement wasn't so advantageous for foreigners and mostly favored the local Japanese with an exchange rate of 1:1 United States Dollar to Japanese Ichi bu (which was worth about 0.34 cents). This lasted more that five years until on 29 July 1858, Mr. Townsend Harris, First Consul-General of the United States of America to Japan negotiated a new trade agreement fixing the exchange rate and setting a new medium of exchange the "Mexican Dollar". The new treaty was to come into full effect 4 July 1859 and in total favor of the United States. The new exchange rate was 1:3 Mexican Dollar to Japanese Ichi bu. Once the agreement came into full effect Japan experienced a mass exodus of gold coins with a ratio of 4:1 Japanese Ichi bu to gold Koban, worth twelve Mexican Dollars outside of Japan. Since the opening of the Japan many large gold coins such as Kobans, Obans and Goryobans began leaving the country as they commanded a 70% profit outside the country. This could account for their scarcity in today's market."</blockquote>

''Recorded mintage:'' 172,275.

''Specification:'' 33.75 g, 0.842 fine gold, the rest silver.

''Catalog reference:'' Fr-8; JNDA-09-12; KM-C23.

''[[Bibliography|Source:]]''
* Michael, Thomas, and Tracy L. Schmidt, ''Standard Catalog of World Coins, 1801-1900, 9th ed.'', Iola, WI: Krause Publications, 2019.
* 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.
* ''The Catalog of Japanese Coins and Banknotes,'' Tokyo: JNDA (Japanese Numismatic Dealers Assn.), 2014.
* [1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, ''The January 2020 NYINC Sale: Ancient Coins, World Coins & Paper Money,'' Santa Ana, CA: Stack's Bowers LLC, 2019.

''Link to:''
* [[Japan (1824-32) shu]] Bunsei era
* [[Japan (1856-60) 2 bu]]
* [[Coins and currency dated 1837]]

[[Category:Selections from the Stack's Bowers 2020 NYINC sale]]

@@ Line 21: / Line 21: @@
 * [[Japan (1824-32) shu]] Bunsei era
 * [[Japan (1829-37) shu|(1829-37) shu (isshu gin), Bunsei Era]]
 * [[Japan (1837-58) bu|(1837-58) bu, Tempo era]]
 * [[Japan (1837-58) koban]] Tempo era

@@ Line 21: / Line 21: @@
 * [[Japan (1824-32) shu]] Bunsei era
 * [[Japan (1829-37) shu|(1829-37) shu (isshu gin), Bunsei Era]]
 * [[Japan (1837-58) koban]] Tempo era
 * [[Japan (1856-60) 2 bu]]

@@ Line 13: / Line 13: @@
 ''[[Bibliography|Source:]]''
-* Michael, Thomas, and Tracy L. Schmidt, ''Standard Catalog of World Coins, 1801-1900, 9th ed.'', Iola, WI: Krause Publications, 2019.
+* 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.
-* 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.
 * <sup>[1]</sup>Orsini, Matt, Richard Ponterio and Kyle Ponterio, ''The January 2020 NYINC Sale: Ancient Coins, World Coins & Paper Money,'' Santa Ana, CA: [http://www.stacksbowers.com Stack's Bowers LLC], 2019.

@@ Line 20: / Line 20: @@
 ''Link to:''
 * [[Japan (1824-32) shu]] Bunsei era
 * [[Japan (1856-60) 2 bu]]
 * [[Coins and currency dated 1837]]
 [[Category:Selections from the Stack's Bowers 2020 NYINC sale]]