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The Meiji Year 3 (1870) One Yen Silver Coin, graded NGC MS63 and featuring the unique missing Rising Sun stripes, represents a pivotal moment in Japan's transition to modern currency.
With only 1.6% of these coins surviving, it garners significant interest from collectors focused on historical Japanese numismatics.
The design by Natsuo Kano is a hallmark of the era, and the rarity of this type, characterized by its low survival rate and specific production flaws, enhances its desirability within specialized circles in the Japanese collectible market.
As a noteworthy artifact of Japan's Meiji period, this coin serves as both a collectible and a testament to the country's rich monetary history.