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July 1, 2025I’ve been hooked on Japanese Yen coins for years, and exploring them has uncovered some real treasures for collectors like us. I’ll walk you through what I’ve discovered about spotting key dates and navigating the market’s twists to help grow your collection.
Identifying and Dating Japanese Yen
When I first handled these coins, I had to learn that “Meiji year 28” actually means 1895. The pieces from that era are absolute stunners, with designs that practically whisper their age. My first move is always checking the inscriptions—they’re packed with clues. You’ll find different varieties out there, but details can be scarce. That’s when I lean on resources like the NGC World Coin Guide online to help sort out the differences.
Grading and Valuation Tips
Getting the grade right makes all the difference—I’ve watched a small condition bump send values soaring. Check NGC’s numbers: an XF coin might pull $65, but find that same coin in AU53 and suddenly you’re looking at $90-110. When I examine mine, I look for wear on high spots like the dragon or lettering. If those details pop with minimal marks, you’re likely holding AU or better. And don’t sweat chop marks! On my coins, I actually love them—they add character and tell a story.
Market Observations and Pricing Insights
Prices have skyrocketed since the 90s—I miss grabbing these for $14! These days, I watch the market closely. Coins straight from Japan often carry higher tags than Western finds, thanks to local demand and export fees. Here’s a real example: I landed an MS62 slabbed piece for $480 through Stacks-Bowers. But on eBay? Prices get inflated by seller fees. One collector friend paid $821 plus 25% VAT and $50 customs on an import—talk about sticker shock! My rule? Hunt auctions to dodge those extra costs.
Authenticity Concerns and Avoiding Fakes
Fakes from China are everywhere—I’ve been burned before. Now I check every detail: weight, edge reeding, and that special silver glow real coins have. For peace of mind, I stick to NGC or PCGS slabs—they’ve done the homework for you. If you’re shopping eBay, only buy from top-rated sellers with clear return policies. That’s saved me more than once.
Personal Collection Stories and Finds
Nothing beats the thrill of the hunt. I’ll never forget metal detecting what I thought was a quarter, only to pull up an Oregon Trail half dollar—pure adrenaline! In my own collection, I treasure a pristine Yen with a custom NGC label from a Japanese eBay seller. Mint State pieces cost more, but holding that history? Worth every penny.
Sourcing and Buying Advice
When I’m hunting new pieces, I mix it up. Auction houses often beat eBay prices where fees pile up. International sellers can yield gems—just remember customs costs. Here’s what works for me:
- Start with NGC’s guides—they’re gold for grading and varieties
- Shop around! Auction deals can save 30% or more
- Always verify authenticity—when unsure, slab it
- Savor the chase. Share your wins but don’t flood feeds—keep it fun
Collecting Japanese Yen has given me such joy, connecting history with these tangible treasures. Whether you’re just starting or have decades under your belt, I hope my journey helps you uncover your next great find!