Japanese Yen Collecting: My Personal Insights and Stories

Lately, I’ve spent quite a bit of time exploring Japanese Yen coins, and what a journey it’s been! From spotting vintage treasures to figuring out the market’s quirks, I’ve picked up some insights I’m excited to share with fellow collectors.

Identifying and Dating Japanese Yen

Figuring out the age of these coins was one of my first lessons. Take inscriptions like “Meiji year 28” – that’s a clear sign it’s from 1895, something I found super useful. I’ve also encountered coins bearing chop marks, which add such a unique layer of history (and I love that!). My advice? Always start by taking a close look at the text and any markings. It’s a straightforward way to piece together a coin’s past.

Grading and Valuation Tips

Grading Japanese Yen has been a big part of my focus. From what I’ve seen, referencing guides like the NGC World Coin Guide is key. For instance, a coin in XF condition might hover around $65, but step up to AU53, and you could see $90-110. I often head over to NGCcoin.com and dive into their “Resources” section for spotting variety differences. Here’s what I keep in mind:

• Check for sharp details and little wear – that usually points to higher grades like AU or MS.
• Don’t rely on just one price source; cross-check NGC figures with recent auction results.
• Higher grades like MS62 can be expensive, but deals exist – I grabbed a slabbed one for $480, and it felt like a real win.

Watch Out for Counterfeits

Be careful out there: Chinese counterfeits are everywhere in this market. My rule? Stick with trusted sellers and verified, slabbed coins – it cuts the risk way down. Always give a coin a good look for anything odd in weight or design, and if something feels off, get a second opinion.

Thrilling Finds and Personal Tales

For me, collecting isn’t just about the grade or the price – it’s the thrill of the find! I remember a friend telling me about metal-detecting a Yen coin; you could practically feel their excitement when it surfaced. It brought back my own moments, like uncovering an unexpected silver piece that left me speechless. Stories like these are the heart of the hobby, so share yours! They keep us all inspired.

Market Observations and Buying Strategies

I’ve picked up a few tricks navigating the market. Prices in Japan or on eBay can run high thanks to seller fees and customs charges – I once saw a neat custom NGC label coin climb over $800 after VAT and shipping. To save some cash, I often find better deals at US auction houses like Stacks-Bowers. Here’s what works for me:

• Skip eBay markups; look for platforms with lower fees for fairer prices.
• Remember to factor in extras like customs duties when buying internationally.
• High-grade pieces like MS62 can be solid, but shop around – don’t overpay.

All in all, collecting Japanese Yen is a rewarding adventure, blending fascinating history with genuine excitement. Stay curious, double-check your sources, and happy hunting! I’d love to hear about your own finds and stories.