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 Replies: 41 / Views: 7,186 |
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Pillar of the Community
 United States
6130 Posts |
It's a mint token that is included in the annual proof or mint set. I couldn't tell you which year it's from, but collectors like to break the sets open and the tokens tend to get discarded or put in the 25 cent junk bin.
Edited by Finn235
03/21/2016 08:50 am
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Pillar of the Community
Australia
3831 Posts |
robert: This is a mint token which mentions that there are three branches - Tokyo, Osaka and Hiroshima. Osaka has historically been producing most of Japan's coin.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Pillar of the Community
Australia
3831 Posts |
Finn - 1 rin in XF+ condition is still very affordable. I'm sure you can get one in much better condition for 10 - 20 dollars. This is my example  That said, 1 rin coins are home to some rare key dates. |
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Pillar of the Community
United States
6130 Posts |
I am sure I will feel the itch for an XF/AU 1 rin eventually, but I am glad to mark that one off of my type set list for now. It does appear to be very lightly circulated with a couple minor rim dings, but is still a tougher date, albeit a far cry from a "key". Anyway, I feel like these coins deserve some love today:   From left to right: 1983, 1991, 2005. The 500 yen was the last of Japan's current lineup to be introduced, in 1982. It is one of the most valuable "work horse" circulating coins in terms of face value, losing out to the Swiss 5 franc and maybe a few others that elude me currently. It was given a composition change and face lift in 2000 to alleviate a rampant problem where a Korean #8361;500 could be drilled down to ¥500 weight and used as such in vending machines. The new coins have nifty anti-counterfeiting mechanisms such as microprinting and security lettering in the zeroes of the "500". Best of all, sellers on ebay don't often know the value of these coins, so they can sometimes be had for several dollars under exchange value! |
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Pillar of the Community
United States
6130 Posts |
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Pillar of the Community
United States
508 Posts |
Japan is maybe my favorite country to collect coins from. I have found many copper/bronze coins from 1800s - early 1900s in junk bins. Some of them are valuable but many dealers don't appreciate or recognize the value of foreign coins. I also find similarly valuable coins from puppet states. I have also collected a handful of 500 yen coins for $0.50 - $1.00 each or 100 yen coins for $0.25 or less. The silver coins, however, take some tracking down. -wheatiefan  |
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Pillar of the Community
United States
6130 Posts |
Wow! I have gotten an amazing deal on 100 yen coins, but ebay seems to have caught on to the value of the 500 yen coins--in many cases they go above face for circulation issues, and $6-15 for commems. That is a very nice older silver! I see probably 25+ listed every day on ebay, plus the gold and debased gold varieties, but I am hesitant to pull the trigger because I have zero clue how to tell the difference between a genuine piece and a junk silver bar that's been stamped within the last 20 years. Even more of a problem with the large oval coins--seems that it would be easy to cast one and then simply punch it. |
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Pillar of the Community
United States
2637 Posts |
Quote:Best of all, sellers on ebay don't often know the value of these coins, so they can sometimes be had for several dollars under exchange value! I've picked a few up in the 6/$1 junkbox. Haven't found a way to cash in on their value yet. |
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Valued Member
Canada
160 Posts |
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Pillar of the Community
United States
6130 Posts |
Finally found a pair of tiny bar coins for a reasonable price! $50 for both, from different sellers   Got some more good ones coming in the mail; stay tuned  |
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Pillar of the Community
United States
6130 Posts |
Oh, and can't forget this one:   1986 10,000 yen commemorative for the 60th year of Showa's reign. Had to meditate on such a big purchase for a while, bit I bought it for $102, about $11 over the coin's face value. |
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Pillar of the Community
United Kingdom
2887 Posts |
japan 1885 (Yr.28) 1 yen KMA25.3 26.96g 0.9000 38mm  |
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Pillar of the Community
United Kingdom
2887 Posts |
Japan 1898 (Yr.31) 20 sen KM24 5.34g 0.8000  |
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Pillar of the Community
United States
6130 Posts |
Getting into the scarcer, pricier ones now: 20 sen 1870, the first year of modern decimal coinage   Finally bit the bullet and bought a 1 yen coin, should be here any day! |
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Pillar of the Community
United States
6130 Posts |
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Replies: 41 / Views: 7,186 |
First Page
Posted 03/22/2016 07:27 am
