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Japanese Silver Bullion

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bekiz's Avatar
Japan
666 Posts
 Posted 04/06/2012  02:27 am Show Profile   Bookmark this topic Add bekiz to your friends list Get a Link to this Message Number of Subscribers
Received today.

Osaka Mint.
2012 coins minted.
year of issue 2012.
999 silver
proof


Japanese-Silver-Bullion
Japanese-Silver-Bullion
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poboxw's Avatar
Canada
1502 Posts
 Posted 04/06/2012  02:41 am  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
sweet!
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coinwatch's Avatar
United States
808 Posts
 Posted 04/06/2012  03:03 am  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
Sweet indeed! First Japanese bullion I've ever seen!

So, is the "420 GRAINS. Trade dollar. 900 FINE" simply for historical purposes? Is the coin actually .999 fine silver?

Not that it matters. The coin is very beautiful, and very Japanese: the iconic Chrysanthemum Flower Seal is unmistakable.

Very nice!
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bekiz's Avatar
Japan
666 Posts
 Posted 04/06/2012  06:39 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
Coin comes with numbered COA: got two for two coins: 0486 and 0487.
It is stated there that it is 999 silver.
As of COA, the design and "420 grains..." sign is for historical purposes in order to copy the actual coin.

P.S. As you've noticed it is encapsulated ... but in addition they are sealed in holder. That's why the quality of picture is not that great.
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traevin's Avatar
United States
1454 Posts
 Posted 04/06/2012  09:28 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
bekiz,

So is this considered a medallion; not actual currency, since it's not denominated in yen?
Valued Member
hermanwilliams's Avatar
United States
309 Posts
 Posted 04/06/2012  12:59 pm  Show Profile   Bookmark this reply Add hermanwilliams to your friends list Get a Link to this Reply
Have to remind myself to get one of these beuties.
Valued Member
Canada
178 Posts
 Posted 04/06/2012  1:27 pm  Show Profile   Bookmark this reply Add ztt2 to your friends list Get a Link to this Reply
That's really nice. I had never seen Japanese bullion before so thanks for the pictures!
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allranger's Avatar
United States
1391 Posts
 Posted 04/06/2012  1:43 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
Wow, I really like that. I have several old Japanese coins with the dragon on them and find this modern version calling for a place in my collection too.
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kenney's Avatar
Canada
316 Posts
 Posted 04/06/2012  2:13 pm  Show Profile   Bookmark this reply Add kenney to your friends list Get a Link to this Reply
it's nice to see some beautiful coins from around the world like this one,, thanks for sharing
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bekiz's Avatar
Japan
666 Posts
 Posted 04/06/2012  7:43 pm  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
traevin
I'd say yes, it's medallion because the coin doesn't have legal tender in Japan.
Price is like you pay for 4 bullion coins. Let's see how it will be represented in International Coin Convention in Tokyo this May.

As of denomination in yen, once, 100 years ago here was the very same coin design, just the metal was not that pure (it was actually 420 grains, and the coin weighted about 27 g.) Do not know much of history of the japanese Trade dollars as I am not up into japanese coins.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 04/06/2012  11:46 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Great piece Bekiz nice pickup. Interesting to note 420 grains via 90% which sounds right, as 1 troy oz. contains 480 grains....
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bekiz's Avatar
Japan
666 Posts
 Posted 04/07/2012  03:13 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
Thanks Silverhawk74,
I am really enjoying the coin.

At least I've got one dragon this year )))
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traevin's Avatar
United States
1454 Posts
 Posted 04/07/2012  03:47 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
B,

I've seen this coin come up for auction a time or two. Not sure if it was this particular medallion or a different date. But truth is, I actually thought it was Chinese, so I never researched it. Too afraid of getting a non-silver "silver" coin, if you know what I mean.
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bekiz's Avatar
Japan
666 Posts
 Posted 04/07/2012  08:18 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
T.
I know what you mean - avoiding chinese coins as much as I can myself.
I bought this coin from this store: http://www.fujimint.com/Shop/shop_list.asp
reputable seller I'd say.

COA is made with the japanese way of making things: it has kind of protection ribbon within the paper, like in paper money.

I plan to list one of the coins on ebay, so when I'll take some pictures for listing I'll bring them here as well.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 04/07/2012  12:50 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
Nice coin!
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bekiz's Avatar
Japan
666 Posts
 Posted 04/09/2012  03:38 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
Here is COA
Japanese-Silver-Bullion
Japanese-Silver-Bullion
and how the coin is being sealed
Japanese-Silver-Bullion
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