![]() ![]() The coin shows light signs of handling, and there is one small mark on the rim of the reverse side, around the 1 o’clock position. The grading of 61 points is out of a maximum of 70. That means it’s not quite the quality of a proof coin, but better than one in mint state. It was graded as a specimen coin by the independent coin assessors the Professional Coin Grading Service, or PCGS. It is beautifully engraved with a dragon on one side, and a sun and wreath on the other. This one, though, is larger, measuring 32 millimeters in diameter compared to just under 30 millimeters for the 1871 version. It dates from 1870 and is similar to the coin from the previous year. This beautiful gold coin is a very rare pattern for a 10 yen coin. Gold 10 Yen Pattern, Year 3 (1870), PCGS SP61 Gold Shield It became the most valuable set of coins ever sold, with the winning bidder paying $1.56 million to secure it.ģ. The other was offered for sale at auction in Hong Kong in April 2021. One of those is in the collection of the British Museum. But today, only two complete sets are known to exist. There are no official records of how many of the coins were minted. In London, they were translated into dies by engraver Leonard Charles Wyon. They were the work of the artist Tamoo Masuda, calligrapher Hyoka Ishii, and engraver Natsuo Kano. They were minted in London, but the designs were Japanese to the core. Gone were the ingot style coins of the feudal period. And the new coins marked a distinct change in approach. This was just two years into the restoration of imperialism with the Meiji Dynasty. And it dated from the relatively recent year of 1870. This set of eight coins smashed records when it was presented at auction. While Japan’s coin making history stretches back over a thousand years, it’s not necessarily the oldest specimens that fetch the biggest prices. But by the time the hammer fell, the price was $1.92 million. The rarity of the coin meant that it excited huge interest from bidders when it was offered at auction in 2021. They assessed it as MS60, meaning it was in “mint state”, with 60 points out of a possible 70 for its quality and condition. It was graded by the independent coin assessors, the PCGS – the Professional Coin Grading Service. These may be graffiti, or they may have had a more official purpose: two other Obans of this type are known to have similar additions. And on the obverse (the front) there are several characters inscribed by hand on the lower left portion. These are known as “Kiri stamps”.īoth sides are signed in ink. This Oban is set apart from other kinds by the presence of three diamond shaped stamps on the obverse. And they were the largest denomination of the currency introduced by the military dictator, or shogun, Tokugawa Ieyasu. Obans were oval gold plates – the word means literally “large stamped piece”. And there are only six known specimens of this type in existence. It dates from the Tensho era, in around 1588. This remarkable coin is one of the first Oban coins ever minted. So if you’re ready, let’s get started! Most Valuable Japanese Coins 1. And we’ll reveal just how much they were willing to pay. We’ll find out why collectors were so keen to secure them. We’re going to explore the most valuable Japanese coins to have changed hands in recent years. So it’s perhaps not surprising that there are some highly collectable specimens on the market today. The country’s first coin was struck way back in 621 AD. Japan’s history and culture stretches back many centuries, and that’s mirrored in its currency. ![]()
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