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Japan 1 Yen, 7 (1874)

 
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Author Previous TopicReplies: 14 / Views: 542Next Topic  
New Member
Netherlands
34 Posts
 Posted 05/14/2022  05:34 am Show Profile   Bookmark this topic Add Lucifer 17 to your friends list Get a Link to this Message
Happy weekend to all,just wanted to ask which site/shop is best to sell this rare coin that I found.
The unique about this coin is has a,'Spiral on pearl curls clockwise direction from center'.make this really rare.
Weight is 26.74 g



Edited by Lucifer 17
05/14/2022 05:48 am
Pillar of the Community
Australia
3465 Posts
 Posted 05/14/2022  06:38 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Details look wrong. I don't believe it's genuine.

Can you post a photo of the edge?
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.
Pillar of the Community
United States
1371 Posts
 Posted 05/14/2022  08:54 am  Show Profile   Bookmark this reply Add Albert to your friends list Get a Link to this Reply
Try this dealer in Netherlands to start with, click on Sell or Valuation and go from there:
De Nederlandse Munthandel
Pillar of the Community
United Kingdom
917 Posts
 Posted 05/14/2022  09:05 am  Show Profile   Bookmark this reply Add TobyJ to your friends list Get a Link to this Reply
Hi there, I collect these, lovely coins. Yours has unfortunately been cleaned which takes the value down quite a bit, also it looks to be in maybe XF40 condition. There were only 942,006 of these ever minted for this year, thus making them fairly rare and in XF they can fetch about $2000. Thus, they are faked quite a lot. It is highly likely yours is one of these, that don't sell for very much in this condition, maybe $50. In my opinion, yours does not look genuine. If you do believe it to be genuine, the best thing to do would be to send it to NGC, they are the very best in the business at determining genuine coins and you will get a definite answer there.
New Member
Netherlands
34 Posts
 Posted 05/14/2022  09:57 am  Show Profile   Bookmark this reply Add Lucifer 17 to your friends list Get a Link to this Reply
Can you tell me which details of the coin you found it wrong? The reverse coin become like that, it's because the coin is put in the picture frame and there's kind of a glue to stick with it. It belongs to my step father which he had it for like 20 years or more. This is not the only coin that attached in the picture frame, there's some.
Valued Member
United States
146 Posts
 Posted 05/14/2022  10:40 am  Show Profile   Bookmark this reply Add Safaga to your friends list Get a Link to this Reply
The rims raise some concerns with me. I repeat the request of above for photos of the edge.
Pillar of the Community
United States
5207 Posts
 Posted 05/14/2022  4:39 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
The overall detail lack sharpness, text is broken up compare to genuine one's.

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Australia
14375 Posts
 Posted 05/15/2022  08:50 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Definitely a counterfeit, sorry. The Imperial Crysanthemum doesn't even appear to be round, the dragon's spines are just flat planks rather than pointy spikes, and the foliage in the wreath is very crudely rendered.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
New Member
Netherlands
34 Posts
 Posted 05/15/2022  10:44 am  Show Profile   Bookmark this reply Add Lucifer 17 to your friends list Get a Link to this Reply
Just wondering, what if this is a silver coin?it is still counterfeit? The design is not really in a good condition, there's a lot of damage on it.
I appreciate all of your comment.& Thanks a lot.
Pillar of the Community
United States
1371 Posts
 Posted 05/15/2022  12:47 pm  Show Profile   Bookmark this reply Add Albert to your friends list Get a Link to this Reply
In the case of your recent post, as step one, I suggest you find out if it is silver or not.
Pillar of the Community
United Kingdom
917 Posts
 Posted 05/15/2022  12:51 pm  Show Profile   Bookmark this reply Add TobyJ to your friends list Get a Link to this Reply
It is probably a lower content silver coin, maybe one made a while ago. I've seen them sell for $50.
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Australia
14375 Posts
 Posted 05/16/2022  6:35 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Modern counterfeiters rarely use genuine silver for their counterfeits, as it reduces their profit margin. Unless they are trying to fool collectors - and this coin isn't going to fool a collector.

People 100 years ago making circulating counterfeits for attempted use as money might have used debased silver or some kind of silver plating, but they would not have used fine silver as their profit margins would be virtually nil.

The fact this coin was found mounted in a frame implies to me that whoever assembled the frame and sold it to your stepfather knew it was fake and sold it as an assemblage of fake/replica coins.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
New Member
Japan
24 Posts
 Posted 05/18/2022  8:37 pm  Show Profile   Bookmark this reply Add Dnas to your friends list Get a Link to this Reply
I live in Japan and have around 60 1 Yen silver coins.

I have a handful of fakes, including a Meiji 11/1878. (The one above is a Meiji 7/1874).

At 26.74g the above coin is too light (it should be 26.96g)

My fake is the correct width, but 26.6g and is too thick 3.08mm (should be 2.76mm)

Silver is not magnetic, but diamagnetic, which means that when you MOVE a very strong magnet next to the coin, it displays some magnetic repulsion.
i.e. It will move the coin if you quickly move the magnet side to side close to the coin.

The diamagnetic effect is caused by high electrical conductivity, which then generates an electrical current in the coin when exposed to a moving magnetic field, which itself then generates its own opposing magnetic field.

Copper is also diamagnetic, but less so than silver (Silver is -2.6, while copper is -1.0)

My fake 1878 displays weak diamagnetism when compared to a genuine 1 yen silver coin.

Based on the larger thickness, lower weight and slight diamagnetism, my 1878 1 yen fake appears to be around 90% copper (probably silver plated 90% copper bronze. Silver is heavier than copper, specific gravity is 10.49 vs 8.96, so the coin needs to be thicker).


I would say that this may also the original basis for "chop marking" on silver coins in China, where you will be able to see the copper underneath the silver plating, if it is fake.
Edited by Dnas
05/18/2022 8:43 pm
Pillar of the Community
Australia
3465 Posts
 Posted 05/19/2022  09:46 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Makes me wonder what other coins are on the frame...
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.
New Member
Netherlands
34 Posts
 Posted 05/21/2022  4:33 pm  Show Profile   Bookmark this reply Add Lucifer 17 to your friends list Get a Link to this Reply
Hello everyone, just wanted to share a little good new about this coin. I send it to Heritage Auctions HA, online for evaluation. they send me an email a couple of days after ,well it turns out it's genuine and not counterfeit. I also took it to the gold/silver shop and it's 90 to 95% silver. Thank you for all your comments, it's help me a lot. My next step now is to sell it and hopefully I can get good price for it.
Have a great weekend to all.
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