My New Crown Jewel: Acquiring a King James I Gold Laurel
June 18, 2025Caring for Your New Coin Collection: Insights and Practical Advice
June 18, 2025Lately, I’ve been exploring Japanese Yen coins, and what a ride it’s been! From uncovering fascinating history to navigating the market’s twists and turns (and learning a few lessons the hard way), I’ve gathered some tips that might help fellow collectors, especially if you’re into Asian coins or precious metals.
Making Sense of Dates and History
My first Japanese Yen coin had me scratching my head with its inscriptions. But dating these coins isn’t as tricky as it seems once you get the hang of the eras. Take Meiji year 28 – that’s 1895, and just knowing that makes holding that silver piece feel like touching history. These days, I start by studying the characters, then cross-check online to pin down the exact year.
What Grading Means for Value
Condition makes all the difference – I’ve watched small details swing prices wildly. An XF (Extremely Fine) piece might bring $65, but bump it up to AU53 (About Uncirculated) and suddenly you’re looking at $90-110. The NGC World Coin Guide is my go-to reference, but here’s what works for me:
- Dig into NGC’s ‘Resources’ section online – you’ll spot varieties with tiny differences that are easy to miss
- Get high-grade coins professionally slabbed – it gives buyers confidence and often means better money when selling
Spotting Fakes: A Real Challenge
Counterfeits are everywhere with Japanese Yen coins, especially from China. I’ve learned to buy only from trusted dealers and to examine every piece for warning signs like odd coloring or soft details. That voice in your head? Listen to it – if a deal looks too sweet, it probably is.
The Thrill of the Find
Nothing beats that heart-pounding moment when you uncover something special. Hearing about metal detector discoveries takes me back to when I unexpectedly dug up an old silver coin myself. That rush is real! Whether you’re sifting through dirt or a dealer’s tray, each discovery feels like rescuing a piece of history.
Buying Smart: Lessons from the Market
Over time, I’ve found better ways to build my Yen collection without overspending. eBay prices often feel inflated thanks to fees, and imports from Japan can hit you with nasty surprises like 25% VAT. I’ve actually scored my best deals through US auction houses like Stacks-Bowers, where slabbed coins come at fair prices. My hard-won advice:
- Shop around – eBay’s convenient, but auction houses often give more value for top-grade coins
- Always factor in shipping and taxes – I once watched a coin’s cost double after fees!
Collecting Japanese Yen coins has taught me patience and attention to detail, and it’s a blast connecting with history. Whether you’re just starting or you’ve been at it for years, I hope these tips help you enjoy the hobby even more and lead you to some amazing finds!