Buying Japanese Junk Silver. - Coin Community Forum

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Author	Replies: 6 / Views: 2,316
dailyYen36 New Member United States 10 Posts	Posted 06/23/2013 7:21 pm I believe a few months ago APMEX was selling 20 SEN silver coins. Though when I looked on kitco, and gainsville they didn't even list them. I looked on ebay but it appears to be very limited. Getting to my point though, I'd like to start building a collection of japanese junk silver because I've been interested in those type of silver coins. Why is it difficult to find them? Report this Post to the Staff

gxseries Pillar of the Community Australia 3831 Posts	Posted 06/23/2013 8:59 pm Because you can't get them for junk value. I would have bought all of them and sell them way over silver bullion. Basic economics 101: supply versus demand. My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 06/23/2013 10:12 pm Unless in very low grades, I don't consider ANY Japanese .900 silver coin to be junk. All are numismatically collectible. Report this Post to the Staff
dailyYen36 New Member United States 10 Posts	Posted 06/23/2013 10:43 pm Quote: Unless in very low grades, I don't consider ANY Japanese .900 silver coin to be junk. All are numismatically collectible. So 10, 20, 50 sen is .900? Last I checked it was 70% silver. Report this Post to the Staff
gxseries Pillar of the Community Australia 3831 Posts	Posted 06/24/2013 12:56 am Whatever it is, unless you are dealing with really low grade or damaged Japanese silver coins, they rarely come cheap. There are exceptions - one is if the seller is ignorant of what it's really worth or seller just wants to get rid of it. I don't know what APMEX was doing but you'll never know if it was done for promotions. Should have bought them when the opportunity was there. My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
winterfell Valued Member United States 231 Posts	Posted 06/24/2013 10:07 am Meiji era coins of those denominations are .800 silver (the 1 yen coins are .900.) They started out .800 in Taisho too, but later in Taisho and Showa some were .720 I believe. I agree they all generally have a numismatic premium. Report this Post to the Staff
dailyYen36 New Member United States 10 Posts	Posted 06/28/2013 01:21 am Quote: Meiji era coins of those denominations are .800 silver (the 1 yen coins are .900.) And that would around 2-5000 yen? Report this Post to the Staff
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