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 Replies: 13 / Views: 3,442 |
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Valued Member
United States
322 Posts |
I intent to auctioned this coin. I couldn't read Japanese and I don't know the date and value. I might send it to PCGS to grade it. Anybody could help?   |
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Pillar of the Community
United States
3184 Posts |
send to NGC, they are the worlds leader in foreign coins
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Moderator
 Australia
16837 Posts |
The date is Taisho Year 6, or 1917. The denomination is 20 yen. It should weigh 16.67 grams and contain .4823 ounces of gold. It is the commonest year of the type. However, if my now-far-outdated Krause is to be believed, it should still hold a premium of $1000 or so over the BV price.
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
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Pillar of the Community
Australia
3831 Posts |
JNDA has it valued at more than 2500USD. Very nice coin - doesn't' pop up very often even though the mintage is more than 6 million.
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Valued Member
 United States
322 Posts |
Thanks mkman123, Sap and gxseries,
It will go to NGC as you suggested.
gxseries, what is JNDA? For $2,500, I prefer to believe you :)
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Pillar of the Community
United States
3184 Posts |
post your results when you get it back! Care to tell us the history of this coin? How did you get it, etc? It looks beautiful!
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Valued Member
Australia
262 Posts |
"valued at" means nothing. I reckon should around 10% above SPOT if it within raw condition.
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Pillar of the Community
Australia
3831 Posts |
JNDA stands for Japan Numismatics Dealer Association. http://www.jnda.or.jp/I can assure you Nic that you cannot obtain any Meiji era Japanese coins at 10%+ spot. Even a dealer would not go that low unless it's heavily damaged - a lot of Meiji era gold coins were melted down and in XF+ condition, they do carry significant premium. Give ebay a search and feel free to report back what you see. I'm happy to buy them at 10% spot and make profit. |
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Pillar of the Community
United States
3184 Posts |
such a beautiful and simple design!
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Valued Member
United States
322 Posts |
mkman123,
I got it from my dad as a gift 35 years ago, after I received my master degree.
I love it so much almost start a collection, even though I only have few Japanese coins.
At this time, I need some capital to finance my projects to build affordable houses throughout the world.
Since I am not eligible to sell in this forum and due to exposure to larger market, I decided to sell some of my coins collection through Stack's Bower. I will post the auction date in this forum.
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Valued Member
United States
322 Posts |
I got the result from PCGS it is MS62.
Stack's Bowers listing for $1,400.- to $1,800.-.
Will be auctioned on August 10, 2012.
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Valued Member
United States
322 Posts |
SOLD for $1,800.-. Not bad. Would that be better if I sell it through ebay? Any comments? just want to learn. |
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Valued Member
United States
322 Posts |
Just want to share overdue auction.  *** Edited by Staff to remove private information. *** |
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Pillar of the Community
United States
3184 Posts |
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Replies: 13 / Views: 3,442 |
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Posted 06/29/2012 04:22 am
