© Heritage Auctions
© Heritage Auctions
1 Ryo "Genroku Koban" reverse 元 GEN ND
| Gold (.564) | 17.81 g | - |
| Issuer | Japan |
|---|---|
| Type | Standard circulation coin |
| Years | 1695-1710 |
| Value | 1 Ryō |
| Currency | Ryō (1595-1874) |
| Composition | Gold (.564) |
| Weight | 17.81 g |
| Shape | Oval |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-06 |
| Numista | N#87745 |
|---|---|
| Rarity index | 94% |
Reverse
Butter-fly-like signature, stamp of era characters, and the stamps of mint officials
Lettering: 元
Translation: Gen era character
Comment
Edo mint
Long 'GEN' character variety which is the more common of the two varieties. The Genroku era was the golden age of the Edo period marked with great prosperity. However, this era Koban, and other issued coins of the time, were debased leading to abrupt inflationary problems. The gold purity dropped to 56% for the Genroku Koban from the 86% purity of the previous era Keicho Koban
Interesting fact
One interesting fact about the 1 Ryo "Genroku Koban" coin is that it was issued during a time of economic reform in Japan, known as the Genroku period, which lasted from 1688 to 1704. The government introduced new currency reforms, including the introduction of the Ryo coin, which was meant to replace the older Mon coins. The Ryo coin was made of gold and had a standardized weight and purity, which helped to stabilize the economy and promote trade. The "Genroku Koban" coin is a rare and valuable example of this coinage, making it a highly sought-after collector's item among numismatists.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| ND (1695-1710) | 13936220 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Ryo "Genroku Koban" (reverse 元 GEN) ND (1695-1710) coin.
