PCGS Around the World: Hong Kong - A Rare Japanese Survivor
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There are times during which circumstances turn what would otherwise be a common coin into a rarity. This is true of a Japanese Five Sen that, to the niche-uneducated, would appear to be a common coin. Yet, today the coin, which could have been a common circulation issue, is a rarity in Japanese numismatics.
In a Hong Kong Express submission to PCGS, a surviving example of this coin was submitted for certification and grading. The piece is genuine, graded MS65, and is just one of three examples certified by PCGS.
Read more: https://www.pcgs.com/news/hong-kong-a-rare-japanese-survivor
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More than 10 exist. And the last one offered at auction (Stacks, I think, and a decent grade) failed to sell on a low reserve.
@MrEureka called it the Japanese 1913 Liberty nickel.