₩11,348

Description

While the mintages are varied this coin has possibility of appreciation in the future.

This type of design was adopted in 1668. First Unique Japanese Currency The mon (æ) was the currency of Japan from the Muromachi period in 1336 until the early Meiji period in 1870. It co-circulated with the new sen until 1891. The Kanji for mon is æ and the character for currency was widely used in the Chinese-character cultural sphere, e.g. Chinese wen, Korean mun. Throughout Japanese history, there were many different styles of currency of many shapes, styles, designs, sizes and materials, including gold, silver, bronze, etc. Coins denominated in mon were cast in copper or iron and circulated alongside silver and gold ingots denominated in shu, bu and ryÅ, with 4000 mon = 16 shu = 4 bu = 1 ryo. In 1869, due to depreciation against gold, the new fixing officially was set for 1 ryo/yen = equal to 10.000 mon. The yen started to replace the old duodecimal denominations in 1870: in 3rd quarter of 1870, the first new coins appeared, namely 5, 10, 50 sen silver and 2, 5, 10, 20 Yen. Smaller sen coins did not appear before spring, 1873.[1] So the mon coins (1, 4, 100, 250 mon etc.) remained a necessity for ordinary peoples commodities and were allowed to circulate until 1891.12.31. Only from Jan. 1, 1954 onward the mon became invalid: postwar inflation had removed sen, mon etc. denominations smaller than 1 Yen. Due to the missing small coinage, the Japanese posts e.g. issued their first stamps (Meiji 4.3.1 / 1871.4.20) in mon and fixed postal rates in mon until April, 1872 (Meiji 5.2.28).[2] During the co-existence of the mon with the sen between 1870 and 1891, the metal content of the old currency became important. Official exchange for coins from 1871.6.27: 4 copper mon = 2 rin, 1 bronze mon = 1 rin (1 rin = 1/10th of a sen). So while not all mon were valued equally, their metal kind counted after the transition to decimal sen: bronze was valued more highly than copper.

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1668 - 1869 One Random Kan'ei Tsūhō Historical Japanese Mon Coin. First Official Japanese Coin. Base Unit of Feudal Japan Coinage, Lasted All Major Japanese Eras From Samurai to Meiji Restoration. Mon By Seller Circulated Condition

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