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Other sources for Modern Japanese coins?
mlov43
Posts: 31 ✭✭✭
Just wondering if anyone on this forum would be aware of some good sources for modern (1948-1980) Japanese coins.
I'm looking for a few dates of the 1 Yen, 5 yen, and 10 yen coins (not the silver or gold coins, just contemporary business strikes: aluminum, copper-based coins).
1Yen: 1960, 1961, 1962, 1969
5Yen: 1957, 1958, 1960, 1961, 1962, 1967.
10 Yen: 1957, 1958, 1962
I'm looking to get the best grade possible.
I know the usual places (LCS, area coin shows, ebay, vcoins, ebid, bidstart, MA Coin stores), and they have been helpful.
Any suggestions would be very appreciated. Otherwise, I'll just wait it out and see what comes up at the usual places.
Thanks in advance...
I'm looking for a few dates of the 1 Yen, 5 yen, and 10 yen coins (not the silver or gold coins, just contemporary business strikes: aluminum, copper-based coins).
1Yen: 1960, 1961, 1962, 1969
5Yen: 1957, 1958, 1960, 1961, 1962, 1967.
10 Yen: 1957, 1958, 1962
I'm looking to get the best grade possible.
I know the usual places (LCS, area coin shows, ebay, vcoins, ebid, bidstart, MA Coin stores), and they have been helpful.
Any suggestions would be very appreciated. Otherwise, I'll just wait it out and see what comes up at the usual places.
Thanks in advance...
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I was lucky and lived in Japan for awhile--I pulled some from circulation and visited a few coin shows. That's not really feasible to recommend however . Otherwise, I have spent a fair amount of time flipping through boxes at shows and haunting ebay. I have also been fortunate to run across sellers of quality coins here too. I don't really have any new ideas other than what you have listed....unless you can take a trip to Tokyo .
There was a gentleman who was more frequently seen on the NGC boards that was a collector of US coins, but he is Japanese. I just logged in over there for the first time in about 3 years, and I'll try and remember who he is and if he is still active. There is also a dealer I have met in Tokyo--his wares are not generally geared to circulation coinage, but he might help. I'll ask him...I was going to ask him about something else anyway.
Cathy
The pre-Meiji stuff is not as prevalent...I don't really collect it, but I do see the occasional items for sale by the usual suspects. I'll have o start really reading the Hartill book on Early Japanese Coins (I can't seem to link on my tablet right now, but it's on Amazon). It was good and may help make the collecting of pre-Meiji a little more accessible to N
non-Japanese readers.
of the home market prices. Keep in mind that even though the coins sell for far more
in Japan that there is almost no market at all and very little demand. The low prices
are the result of this tiny demand and not a significant supply.
This is about the only country that I'll collect in AU because not only are they available
in AU but they are tough even in this grade.
My favorite is the 1968 100Y and I actually have an Unc of this and a couple AU's. They
aren't for sale of course.
The aluminum coins were available a little bit in the '70's but in those days I had no
respect for aluminum so ignored them. They sure aren't around any longer. For those
who buy Japanese be sure to remove the coins from mint sets (especially '75-'78) be-
cause the packaging isn't stable and the coins will be ruined. Despite the large mint set
mintages of these nice pristine coins will still be a little tough. If you catch them early
enough a bath in acetone/ isopropyl alcohol mix might restore them. Once the green
starts appearing it's probably too late.
The best bet is old dealers stock. These weren't widely available even in those days but
there were a few around and these do pop up in old collections once in a while.
The lack of interest in modern Japanese is almost total.
A few months ago, Noble of Australia (that used to be Spink Australia over a decade ago), had put up for auction a Dansco (no gold) type set Japanese album 1870-1980(?) for sale. The album contained 3 yens, of which two were unc, and one AU-UNC, two or three 50 sens, all unc and a total of 53 coins out of 72 -I think- in grades from VF-UNC. There was no picture of the album that was supposed to be in very good to excellent condition or of the coins inside, but Noble is an auction house that doesn't hype coins in their descriptions generally. I've had a few long discussions with Cathy, in order to reach a realistic estimate of the lot: the 3 yens, the 3 50 sens and the unfindable WW2 tin or zinc coins in VF that even Tokyo dealers don't have them, plus the cost of the collectable and very rare album itself, which we conservatively estimated at ~$200 empty. I emailed them and asked them the shipping fees (registered) for such a heavy lot to Athens, and their answer was AU$80. After all these calculations, I've decided that placing a bid with my budget at that time, would have been in vain, especially considering the high number of collectors with Japanese descent that live in Australia, only to find out after the auction, that the entire album with its 53 coins out of 72 sold for AU$450.
I forgot to say, that my fondness for Japanese coins had its roots in a coin bought over a decade ago, which Cathy's gift of the Japanese coin catalogue from 2007 increased a lot, but the idea of getting that unfindable album with 2/3 of the coins already inside was an opportunity that I simply couldn't let it pass by, and yet I did. Never, ever think that you stand no chances at a lot that will be auctioned. There are several notable exceptions, one of which was the one that I just described and that I will regret for years to come.
myEbay
DPOTD 3
Cladking, you are so right about those aluminums. I flipped through tons of books while I was in Japan and never found much that could be gem. Maybe the dealers had a conspiracy to hide the good stuff when the American female (both being quite odd there) walked by. Not really of course. I think the time is past for pulling from the old style mint sets, like you said the PVC has ruined so much.
Best regards.