Japanese One Bu Gin Samurai Pay 1853-1865 Ansei Era

£95.00

Product Code:RNC004

Out of stock

Out of stock

Description

Denomination: Japanese Silver Ichibu. hammered rectangular coin

Period: Emperor Komei. Ansei Era

Date: c1854

Origin: Unknown Japanese mint

Condition: VF. slight weakness of strike to obverse 

Obverse: Rectangular coin with frame of cherry blossoms in surround. legend in Japanese reads Ichibu Gin (One Bu Silver)

Reverse: Again a frame of cherry blossoms. legend reads Jo Ginza Joze (Guaranteed. Silver Mint. Officer at Mint)

Size and Weight: 24 x 16.5mm. 8.55g

References: KM C#16a

Features and Provenance: This little Japanese coin exudes history. It was made at the end of the era when the Samurai were the feared warrior ruling class. With reform on the way the Samurai were ‘paid off’ to take on new roles as farmers etc and the old coinage was taken in to melt down. however. traditions died hard and this favourite coin along with its sister Nanryo Gin was hoarded by Samurai and peasants alike. When trade opened up these coins were also an inflationary problem for Japan. An American could convert $4 into 12 Ichibu Gin which could be traded for the equivalent in gold coins. these could then be exchanged for $12 leading to a drain on gold reserves from Japan and a large demand for Ichibu Gin! 

 

Condition Summary. This varies with the age of coin and there are grades between

Uncirculated (U). As struck with no traces of wear

Extremely Fine (EF). Very slight traces of wear. all parts of legend etc present. visible and clear

Very Fine (VF). Some signs of wear on the higher parts of the relief. all parts of legend etc present. but maybe worn

Fine (F). Wear on the coin and parts of legend etc may be missing or not visible

 

 

 

 

 

Additional information

Weight50 g

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