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Obverse has two crossed Japanese flags on poles with Mount Fuji in the background, while the reverse shows the coin's value. This pattern was struck in copper, and is holed in the center. [4] Only 2 coins have been certified as genuine by PCGS, while a 3rd resides in the Smithsonian Institution. [5] [6] 1 Momme KM-Pn4
Many Japanese domains produced their own currency which happened chaotically, so that the nation's money supply expanded by 2.5 times between 1859 and 1869, leading to crumbling money values and soaring prices.
The value of any given coin is determined by survivability rate and condition as collectors in general prefer uncleaned appealing coins. The first ten yen coins were made from 1871 to 1892 with coins dated 1871, 1876, 1877, 1880, and 1892 using a dragon design.
In 760, a reform was put in place, in which a new copper coin called Man'nen Tsūhō (萬年通寳) was worth 10 times the value of the former Wadōkaichin, with also a new silver coin named Taihei Genpō (大平元寶) with a value of 10 copper coins, as well as a new gold coin named Kaiki Shoho (開基勝寶) with a value of 10 silver coins.
In 1708 the Tokugawa shogunate introduced the Hōei Tsūhō (Kyūjitai: 寳永通寳; Shinjitai: 宝永通宝) which had a face value of 10 mon (but contained 3 times as much copper as a 1 mon Kan’ei Tsūhō coin), which lead to the coin being discontinued very shortly after it started circulating as it was not accepted for its nominal value.
Japanese coinage was reformed in 1948 with the issue of a brass one-yen coin. 451,170,000 coins were minted until production stopped in 1950. [18] The obverse of these brass coins features a numeral "1" with "State of Japan" above, and the date below, while the reverse reads "One Yen" with a floral pattern below it. [ 18 ]