1 Yen - Meiji

Features

Issuer	Japan
Emperor	Meiji (1867-1912)
Type	Standard circulation coins
Year	3 (1870)
Calendar	Japanese - Meiji era
Value	1 Yen (1 JPY)
Currency	Yen (1871-date)
Composition	Silver (.900) (10% copper)
Weight	26.96 g
Diameter	38.58 mm
Shape	Round
Technique	Milled
Orientation	Medal alignment ↑↑
Demonetized	Yes
Number	N# 15183
References	Y# 5 Richard Sperry Yeoman. R. S. Yeoman's Modern & Current World Coins (16 volumes). , JNDA# 01-9 Japan Numismatic Dealers Association (publisher). 日本貨幣カタログ. Japan Numismatic Dealers Association, Tokyo, Japan (37 volumes). , JC# 09-9-1 Ujisato Hanyu (ed.), Clark Smith (ed.), Koryu Katagiri (ed.); 2021. The Standard Catalog of Japanese Coins. Zeus Coin Gallery, Tokyo, Japan.

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Obverse

Dragon within beaded circle, legends above, written value below

Script: Chinese (traditional, regular script)

Lettering:
年三治明 · 本日大
· 圓一 ·

Translation:
Great Japan · Year 3 of Meiji
· One Yen ·

Engraver: Kano Natsuo (加納夏雄)

Designer: Kano Natsuo (加納夏雄)

Reverse

Radiant Sun within beaded circle, wreathed in paulownia and chrysanthemum flowers, Imperial crest above with paulownia flowers on either side

Engraver: Kano Natsuo (加納夏雄)

Designer: Kano Natsuo (加納夏雄)

Edge

Reeded

Mint

Japan Mint (独立行政法人造幣局 / Dokuritsu Gyōsei Hōjin Zōheikyoku), Japan

Comments

Types have differences in 圓 character
Used mainly for trade and is often seen with Chinese chopmarks.

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Date	Mintage	XF	AU	UNC	References		Frequency
Undetermined
3 (1870)						countermarked with 銀 in circle	9%
3 (1870)	3 685 049	$ 270	$ 270	$ 700	Y# 5.1 Richard Sperry Yeoman. R. S. Yeoman's Modern & Current World Coins (16 volumes).		86%
3 (1870)				$ 1300	Y# 5.2 Richard Sperry Yeoman. R. S. Yeoman's Modern & Current World Coins (16 volumes).		10%
3 (1870)					Y# 5.3 Richard Sperry Yeoman. R. S. Yeoman's Modern & Current World Coins (16 volumes).		8%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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Numista Rarity index: 45 Search tips

This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Bullion value: USD 53.36 Search tips

This value is given for information purpose only. It is based on a price of silver at 2199 USD/kg. Numista does not buy or sell coins or metal.

Actual silver weight: 0.780 oz

Current silver price: 68.40 USD/oz (see silver price

)

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Heritage Auctions 2019 April 25 - 29 Central States World Coins & Ancient Coins Signature Auction - Chicago 3073 Lot 31484	29 Apr 2019	3 (1870) – Y# 5.1	UNC (NGC MS65)	USD 1920.00 (incl. buyer's premium)
© Heritage Auctions
	Katz Auction 67 Lot 2504	24 Sep 2022	Undetermined	VF	USD 186.94 (EUR 162.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 57 Lot 147	19 Mar 2022	Undetermined	VF	USD 180.01 (EUR 156.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.