# Rare NGC MS64 Type 2 One Yen Silver Coin, Meiji Year 3, 1870

*希少 NGC MS64 一圓銀貨 TYPE2 正貝円 増正貝円 半欠貝 有輪 明治3年 1円銀貨 一円銀貨 スラブ 古銭 銀貨 硬貨 貨幣 円銀 コイン 180*

- **Auction ID:** w1187405377
- **Status:** Sold (ended auction)
- **Category:** Antiques and Collectibles > Money > Coins > Japan > Modern > 1 yen coin
- **Brand:** Unknown
- **Price (JPY):** ¥370,000 (sold)
- **Estimated all-in price (USD):** $2,758.30 — item $2,418.30 + Rinkya commission $325.00 + handling $15.00
- **Shipping:** Ships from Japan. Wins arrive at Rinkya's Tokyo warehouse; multiple items are combined into one international shipment, billed at actual carrier cost (NOT included in the all-in price). International transit is typically 1–2 weeks once shipped.

## Description
Rare NGC MS64 Type 2 One Yen Silver Coin, Meiji Year 3, 1870

Product Description【Product Details】: Guaranteed Authentic. This is the old One Yen Silver Coin from Meiji Year 3 (1870).
【Certification Authority】: NGC 

【Grade】: MS64, Gem Uncirculated

  Silver 98.65% / Copper 1.1% / Palladium 0.25% 

It was appraised using a fluorescent X-ray analyzer. The certification results are included in the photos.

【Weight】: 26.96 g  【Diameter】: 38.58 mm

【Rarity】:

①【NGC MS64】 (Gem Uncirculated)

There are only 14 coins of higher grade than this one certified by NGC.

②【Type 2 One Yen】 

See the 4th photo for reference. Please examine closely.

Type 2 One Yen at MS64 grade is rare!

③【Increased Type 2 Half-Dent】

Existence rate below 11%. This is rare among One Yen coins!

See the 4th photo for reference. Please examine closely.

④【With Rim】 

【Collection Difficulty】:  【B】 Existence rate below 11%

(As referenced in the book "Modern Japanese Silver Coins - Yen Silver M3 Variant Classification Table" rated from A+ to E- on a 15-point scale)

【Condition】:

The coin has a beautiful sheen typical of high-grade items when light is reflected on it.

This piece is enhanced by its rarity: ①【NGC MS64】 (Gem Uncirculated) and the rare ②【Type 2 One Yen】 along with even rarer ③【Increased Type 2 Half-Dent】【With Rim】.

This extraordinary combination makes it an excellent addition to any collection!

【Certification Number】: 6655240-071

【Additional Information】: Appraised by NGC in the USA, ensuring no worries of counterfeits.
                             https://www.ngccoin.hk/certlookup/6655240-071/64/

      You can also view the NGC certification image included above. Please compare carefully.

Please refer to the images for more details.

◆ This is a private collection item. Only bid if you can judge based on the images provided. Note that there may be some color variations. Please refrain from bidding if you are overly particular about detail, seek perfection, or are sensitive to conditions. Returns based on the product's state after bidding or regarding defects are not accepted to prevent exchange fraud. (Preventing substitution)

◆ To avoid unnecessary troubles, only those who can finalize payment within 3 days and promptly communicate receipt are permitted to bid. Thank you for your understanding.

If these conditions are not met, the auction may be canceled at the bidder's expense.

Only bid as long as you agree to all terms mentioned.

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## Collector note
Meiji Year 3 (1870) One Yen silver coins represent a foundational era of Japanese coinage modernization, and Type 2 variants with the rare "Increased Half-Dent" obverse feature are genuinely scarce—documented at below 11% survival rate in numismatic reference materials. NGC MS64 certification at this rarity tier is significant; only 14 coins grade higher, making condition-census positioning crucial for Japanese early-Meiji silver specialists. The combination of authentic NGC grading, documented metallurgical analysis (98.65% silver), and the specific Type 2 half-dent variant creates a tight collector demand profile where Japanese domestic collections traditionally command premium multiples over generic examples.

## Images
- https://auctions.c.yimg.jp/images.auctions.yahoo.co.jp/image/dr000/auc0106/users/b88ee74e34e50a47e5a6d51ff2afe4b1aec1892f/i-img864x1200-1748975009brnxpx35.jpg

## Links
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